What we have here is a failure to communicate, proclaimed the Captain to justify beating Cool Hand Luke (1967). The Captain of Road Prison 36 also advised Luke that he’s wearing chains for his own good.
“Wish you’d stop being so good to me, Cap’n,” the coy prisoner (Paul Newman) replied.
A kinder, gentler business […]
In 2020, 70 to 80 percent of small and medium businesses (SMBs) experienced a drop in revenue of between 30 and 50 percent, according to recent research by OECD. Well-capitalized giants performed better than cash-strapped SMBs.
This is important for two reasons. First, the multifamily housing sector is primarily SMBs—family, multi-generational, small to medium-sized businesses—making […]
The recent lockdowns drew a hard and fast line through the business of property management—especially across financial functions. Companies with manual and semi-manual processes faced challenges as financial reporting deadlines came due and staff were suddenly working from home with little or no advanced warning or preparation. Billing, AR and other daily functions […]
Drones have created quite a buzz. Visual inspections are just one of many field advantages UAVs (unmanned aerial vehicles) deliver. Drones mean greater operational efficiency and new streams of data for property owners, managers and maintenance teams. A drone can be sent into remote locations and hard-to-access places without ladders, scaffolding or harnesses. […]
From buzzword to mainstream, global ESG (environmental, social, governance) assets could reach $53 trillion by 2025, according to Bloomberg Intelligence. The U.S. is expected to dominate the category by 2022. Still, the ESG space has yet to standardize green metrics—measurements, governance or results. That hasn’t stopped a significant swath of investors seeking to […]
Today’s apartments are about experience. Onsite amenities, chic fixtures and smart appliances continue to permeate the market, but connectivity determines how well they function into a whole experience.
Smart facilities management delivers an attractive return on operational efficiency, while a great resident experience translates to better effective rents. Advances in connectivity greatly elevate […]
Virtual apartment tours exploded almost overnight last year after COVID-19 lockdowns temporarily eliminated in-person property visits. Even as restrictions have eased, such tours are a popular way to engage prospects surfing the internet looking for a place to live.
The use of virtual reality in multifamily is not limited to a prospect’s cyber […]
Greystar Property Management recently received the Utility Management Advisory Sustainability and Innovation award. Sustainability comes in all shapes and sizes.
The company collected thousands of pounds of food for the hungry, showing that humanitarian efforts are as much a part of sustainability as upgrading lighting and toilets. Helping others in such a meaningful […]
When I think of resiliency, I think of the Giant Sequoia trees in California. Not the California Redwoods, which grow on the coast of the State.
The Giant Sequoias only exist in a narrow 260-mile stretch of the state. It is the only place in the world that these prehistoric trees grow.
We’ve yet to realize the pandemic’s full impact on our nation’s economy and psyche. Apartment owners and operators are already taking a second look at their business continuity plans in light of the new landscape of risk.
Who could have imagined how our lives would change in an instant? Today, entire industries struggle […]