Granite

🤝 NMHC Student Housing Conference A few members of our Granite Corporate team had the great opportunity to attend the National Multifamily Student Housing Conference in Las Vegas last week. It was a fantastic experience to connect with industry leaders, form new partnerships, and foster existing relationships. We’re grateful to NMHC for hosting such a valuable event that brings the industry together to learn and grow. We look forward to the promising potential and outcome that events like these provide. #NMHC #StudentHousing #GranitePM #Networking

🏙️Property Spotlight: White River Lofts in Downtown Muncie Nestled along the White River, White River Lofts offers a modern living experience in the heart of Muncie. With 1- and 2-bedroom apartments featuring upscale finishes and scenic views, it’s designed for comfort and convenience. Located within walking distance to shops, restaurants, and outdoor trails, it’s perfect for those looking to enjoy both urban amenities and nature. Explore what White River Lofts has to offer at: https://lnkd.in/gMdMs4mJ #MuncieLiving #WhiteRiverLofts #GranitePM #UrbanLiving

⛳ Team Bonding at Top Golf! Last week, our Indianapolis team had the chance to come together for a fun and competitive day at Top Golf. It was a great way to connect outside the office, strengthen relationships, and build on our team spirit. Team events like these are more than just fun—they help us collaborate better, boost morale, and create a stronger foundation for our daily work together. Here’s to more moments like these! #TeamBonding #GranitePM #IndianapolisTeam #CompanyCulture

👤The Power of Soft Skills in Property Management Leadership In property management, technical expertise and operational efficiency are essential, but there’s another crucial element that often gets overlooked: soft skills. Leaders who excel in communication, adaptability, and empathy create stronger teams and improve relationships. Why are soft skills so important? Communication: Clear and consistent communication helps resolve issues quickly and keeps owners, team members and tenants informed. It builds trust and reduces misunderstandings. Adaptability: The property management industry is ever-changing. Leaders who can adapt to new technologies, market trends, and resident expectations are better equipped to handle challenges and seize opportunities. Empathy: Understanding owner or tenant needs on a deeper level leads to better service and long-term retention. Empathetic leaders also create a positive work environment that fosters employee satisfaction and productivity. At Granite, we’re committed to cultivating these soft skills in our leadership team because we know they’re key to creating exceptional experiences. How have you seen soft skills impact your business? #PropertyManagement #Leadership #SoftSkills #GranitePM #TenantSatisfaction

📊 How Data-Driven Decision Making is Shaping the Future of Property Management In today’s fast-evolving real estate landscape, leveraging data is no longer a luxury—it’s essential. Here are some of the top ways data-driven strategies are transforming property management: ▪️Optimizing Rental Pricing: Real-time data helps property managers adjust rental prices based on local market trends, ensuring competitiveness and maximizing returns. ▪️Predictive Maintenance: Smart sensors and IoT devices provide predictive insights into equipment performance, reducing repair costs and minimizing disruptions for tenants. ▪️Enhancing Tenant Experience: By analyzing tenant behavior and preferences, managers can make informed decisions that improve satisfaction and retention. ▪️Reducing Operational Costs: Data-driven tools optimize energy usage, staffing, and other operational aspects, leading to cost savings. ▪️Marketing & Lease Management: Data analytics streamline marketing efforts and leasing processes, helping fill vacancies faster and more effectively. At Granite, we’re embracing data to improve efficiency, boost tenant satisfaction, and make smarter decisions for our property owners. How are you using data in your business? #PropertyManagement #DataDriven #GranitePM #RealEstate #Innovation #Efficiency

🌟 Employee Spotlight: Josh Mitchell, Bloomington Market President This week, we’re excited to spotlight our Bloomington Market President, Josh Mitchell! An Indiana University alumnus, Josh has been an integral part of the Granite team for nearly a year and a half. His dedication to excellence and deep connection to the local community have been invaluable in driving growth and success in the Bloomington market. Josh’s leadership and commitment to fostering strong relationships with property owners, team members and residents have contributed significantly to the success of our Bloomington market. His approach combines local expertise with Granite’s core values, creating a winning formula for our clients and residents. We’re grateful to have Josh leading our Bloomington market and look forward to the continued success and innovation he brings to Granite. Please join us in celebrating Josh and his contributions! #EmployeeSpotlight #Leadership #GranitePM #Bloomington #IndianaUniversity #TeamAppreciation

🌪️ Hurricane Helene’s Impact on Residents, Home Owners and Property Managers Hurricane Helene has left many housing communities facing significant damage, forcing residents to evacuate and deal with the aftermath. Here are some of the key challenges residents, home owners and property managers are facing: - Damage to Homes: Severe flooding and structural damage have impacted many housing units, leaving residents without safe living conditions and prompting urgent repairs. - Displacement: Residents are struggling to find temporary housing options, as demand for shelter rises across affected areas. - Financial Stress: From unexpected housing costs to personal property loss, residents face added financial burdens during this difficult time. As natural disasters strike, we are reminded of the impacts that are felt through every party. We extend our heartfelt sympathy to everyone affected by this storm. #HurricaneHelene #ResidentSupport #GranitePM #CommunityRecovery

🏙️ Then & Now: Purdue’s Role in the Transformation of West Lafayette’s Housing Market The West Lafayette housing market has come a long way over the years, and Purdue University has been the driving force behind its expansion. Let’s take a look at how the city and student housing market have evolved: 🔹 Then: - Small-town feel: West Lafayette was a quieter, smaller town with far fewer housing options for students and limited off-campus developments. Student housing was largely traditional dormitories and basic apartment buildings, offering simple living with limited amenities, focused primarily on affordability. - The area around campus was less commercialized, with fewer dining, shopping, or social venues catering to students. 🔹 Now: - Urban growth: West Lafayette has transformed into a bustling community, heavily influenced by Purdue’s expansion, with modern high-rise apartments and luxury student housing featuring amenities like fitness centers, study lounges, and social spaces. - The student population boom—now exceeding 50,000—has fueled demand for more sophisticated housing solutions, including smart technology and eco-friendly features. - The city has become a hub of activity with new businesses, restaurants, and retail developments, creating a vibrant living environment for students and residents alike. Purdue’s continued growth has transformed West Lafayette into a dynamic, fast-paced environment that balances academic excellence with an upgraded lifestyle experience for students. The real estate market has adapted to these changes, offering a range of housing options that cater to evolving needs and preferences. #WestLafayette #PurdueUniversity #StudentHousing #GranitePM #RealEstateGrowth #PropertyManagement #UrbanDevelopment

📈 Rising Operational Costs: 3 Strategies Property Management Companies are Using to Combat Them As we move through 2024, property management companies are facing increased operational costs. From rising insurance premiums and property taxes to higher costs for materials and labor, companies are under pressure to maintain profitability while delivering high-quality service. Here are three strategies companies are using to tackle these challenges: 1. Embracing Technology & Automation Property managers are adopting advanced technology, such as AI and property management software, to streamline operations. This not only reduces manual labor but can also improve accuracy and efficiency, allowing companies to manage more properties with fewer resources. 2. Expanding Services Many companies are diversifying their revenue streams by offering additional services such as cleaning, landscaping, and maintenance. This provides value to tenants while generating new income sources to offset rising costs. 3. Optimizing Vendor Partnerships Building stronger relationships with key vendors and negotiating long-term contracts can help secure better pricing for essential services like maintenance, repairs, and supplies. Many property managers are leveraging bulk purchasing and preferred vendor agreements to reduce costs without compromising service quality. At Granite, we’re actively using these strategies to remain efficient while continuing to meet the needs of both our property owners and residents. #PropertyManagement #GranitePM #RisingCosts #Efficiency #VendorPartnerships #AIinRealEstate

🗣 Resident Feedback: A Year at Riverfront Lofts Hearing from our residents about their experience is essential to how we operate. Reviews like this one remind us of the importance of timely maintenance, approachable staff, and creating a welcoming community: "I have lived here for a year and I love it. Whenever there is a maintenance request it gets done immediately. The staff is so welcoming and kind. I feel comfortable asking them questions and going to them. I use the grill and fireplace very often. I love going to the events that they have. I would recommend this place to anyone!" - Riverfront Lofts Tenant At Granite, we’re dedicated to providing an excellent experience not only for our residents, but also to ensure long-term success for our property owners. This commitment is at the core of everything we do. #ResidentExperience #GranitePM #Community