MFE Magazine’s Post

Resident reward programs have been a hot topic in the multifamily industry. In fact, 92% of surveyed owners & operators believe reward programs are beneficial because they can influence positive renter behaviors, increase resident happiness & boost NOI! Ready to see Domuso Rewards + Payments in action? Request a demo: https://hubs.la/Q02RzL_m0 #DomusoRewards #multifamily #residenthappiness

💰 Is budget season feeling more like a time of tight restrictions than a chance for growth? What if it could be both? As peak moving season winds down, multifamily property owners and managers face the pressure to balance costs while still driving growth. Our latest blog explores: - How to navigate today’s economic uncertainties and rent deceleration. - Strategies to optimize your current operations. - Where to invest for long-term success, from technology to team development. Ready to transform your budget into a catalyst for growth? Read the full blog here and start planning for a more profitable future: https://bit.ly/3SMmzJW #Multifamily #PropertyManagement #RealEstateInvesting #BudgetSeason #StrategicGrowth #ApartmentList

Pricing in multifamily real estate isn’t just about numbers—it’s a strategic game-changer. We sat down with REBA Rent Product Manager, Brad Schell, to explore how pricing can drive property performance and what you need to know. Dive into Brad’s insights and see how data-driven approaches can transform your pricing strategy. 🔹Balance: Finding equilibrium between supply, demand, and revenue 🔹Flexibility: Adapting prices swiftly with market dynamics 🔹Value-Based Pricing: Aligning prices with resident expectations and amenities 🔹Archetypes: Discover 4 strategies—Balanced Pricer, Rent Driver, Occupancy Defender & Lease-Up Read the full blog: https://bit.ly/3XuQsRJ

The State of Multifamily Real Estate: A Market in Motion 📉 Reading up on recent multifamily trends at the 2024 Interface Multifamily Texas conference, I’m seeing a market in dynamic flux. With nearly 514,000 new rental units added this year alone, multifamily is growing – but that doesn’t mean it's immune to the pressures of our times. For nearly a decade, high occupancy meant fewer concessions. But now, we’re in a new era. Occupancy shifts and market corrections have sparked a wave of rent concessions across all classes, even in once-exclusive Class A properties. Tenants are shopping for deals, and for the first time in years, the power has shifted back in their hands. Rent Growth in 2024 has cooled too, stabilizing around 3-4% nationwide. This is more sustainable for tenants yet creates new demands on us as operators. Regional nuances add complexity – with high-demand urban markets like New York and Miami seeing solid gains, while oversupplied areas feel the pinch of slower growth. 💡 Here’s where it gets really interesting: technology and operations are stepping up as the key players in sustaining value and tenant satisfaction. With tools like AI-driven payment solutions, property management has become more streamlined, efficient, and tenant-centered. In fact, I’m seeing that those willing to innovate and invest in data-driven efficiencies are reaping impressive returns. How are you integrating tech and tenant-centric approaches in your properties? Are you adapting your strategies to meet these evolving market conditions? #realestate #realestateinvesting #investing #investments #multifamily #multifamilyrealestate #realestateinvestment #investorlife #housingmarket #markettrends #multifamilytrends #tech #business #innovation #properties #tenants #rent #rentgrowth

Multifamily property owners and operators are leveraging revenue-sharing models, especially through security deposit alternatives, to boost their ancillary income. Take a look at our newest article, which offers strategic insights into maximizing revenue streams beyond rent. #Multifamily #Proptech

2025 is right around the corner, and now is the time for multifamily operators to dive into market research and build a plan that ensures success. By analyzing rental trends, resident feedback, and economic indicators, you can make data-driven decisions to stay ahead. How are you planning to set yourself up for success in the coming year? https://lnkd.in/emDpzJRr

Your #multifamily #NOI is the difference between booming success and watching your profits evaporate. But let’s face it: some traditional tactics to boost multifamily NOI are like clinging to a sinking ship. https://lnkd.in/gCR2zWJ3 #cretech #realcomm2024 #retech #realestatetech #propertymanagement

Multifamily owners, operators, property managers and residents have numerous proptech choices when seeking solutions to today’s pain points. Vendors that initially set out to solve a single problem have since evolved into trusted experts in enhancing efficiencies and the resident experience. The current slate of tech must do it all, including solving across multiple operations, to serve multifamily clients properly. Join Joe Settimi, SVP of Renter Solutions at Assurant, and host Courtney Linderson, for a discussion about tech’s next big challenge: driving business and revenue growth. https://lnkd.in/ejkp9eyc

Owning multifamily properties in today’s market is harder than ever. From complex tenant demands, rising operational costs, and inefficiencies in rental management—these challenges are shrinking profitability and increasing stress for owners. 🏢🔧 At Reli, we simplify the property rental process, making management more efficient and less burdensome. Curious how we do it? Let’s talk. 💡 Ready to make multifamily ownership easier? Explore our solution at reliestate.com. #RealEstate #PropertyManagement #PropTech #Multifamily #usmarket JLL JLL Technologies Zillow Zillow Rentals Blueprint: The Future of Real Estate Dana Gorsky Guy Hochman