November 1, 2017

Navigating the Property Management Landscape in 2018…AND MORE

Navigating the Property Management Landscape in 2018, By Melissa Smith, Tammy Yeargan, Fogelman Properties, Multifamily Executive

“With 2017 coming to a close and sights now set on 2018, many are wondering what’s ahead in the fascinating and competitive field of multifamily property management. Let’s take a moment to dive into several coming trends and examine the relationship between marketing and operations as the apartment industry navigates rising resident expectations, a shifting digital landscape, and the need for an omni-channel approach to marketing and community management.”

 

The Best Practices in Property Management are Undergoing an Evolution, By Michael Lanning, National Real Estate Investor

“It would serve this community well to learn from the best practices of other service-intensive fields, such as hospitality, financial services and other consumer industries.”

 

Industrial Boom Has Room to Grow, By Samantha Goldberg, Commercial Property Executive

“Three developers shared their perspectives on why the sector is in such high demand and what the potential risks are to the property type, at the 2017 ULI Fall Meeting in Los Angeles.”

 

Market Conundrum: CRE Investors Making Fewer Big Deals, but Raising More Money, By Mark Heschmeyer, CoStar

“The amount of uncalled or undrawn real estate investment capital, or “dry powder,” has grown to staggering levels. This increase has come at a time when the investment climate remains decidedly mixed, with top-quality assets in core markets commanding high valuations after a sustained up-cycle. As a result, investors are increasingly searching elsewhere for properties that offer potentially higher yields. ”

 

Downtown Office Construction Spikes, Giving U.S. Law Firms Occupancy Leverage, By Michael Gerrity, World Property Journal

“Based on a new report by JLL, the U.S. law firm real estate market is entering a new phase, giving law firms a choice of location and space that’s never seen before. Continued economic growth is driving law firm expansion, and at the same time more than 65 million square feet of new office supply is under construction across major U.S. markets. JLL’s 2017 Law Firm Perspective reveals a positive global economic outlook, with 3 percent growth projected for 2018. With stable growth projected over the next few years, companies are projected to continue adding staff to keep pace with their expanding businesses.”

 

Inside the Office Space Revolution, By Leslie Braunstein, Urban Land

“The transformation of office space continues, with collaborative, shared spaces replacing traditional private offices and cubicles. Space planners and designers can now use a growing body of data to make creative workplaces that help businesses gain and maintain a competitive edge. Employees increasingly have a multitude of options for working and conferring with colleagues; if you work at Microsoft, your next meeting might be in a treehouse.”

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