Flexible-use hospitality and multifamily operator Placemakr has expanded its footprint in Texas with the launch of four new properties, increasing the company's total operations in the state to over 800 units.
Retrofitting multifamily properties for energy-efficient upgrades may not be a favorite financial topic for property owners and managers, particularly when existing building systems appear to be functioning adequately and the costs of new systems entail substantial capital investments.
Christina Steeg, who assumed the role of Senior Vice President of Marketing and Communications at Waterton in July 2022, elaborates, "We are in the process of updating all our virtual floor plans to highlight unique alcoves and dens as potential work-from-home spaces. We are also capturing new virtual tours of our communal co-working areas to ensure we integrate this aspect into all our marketing efforts."
In the realm of multifamily housing, amidst the ever-shifting landscape, one steadfast factor remains the crucial role of maintenance teams in resident retention and lease conversions. The community's maintenance squad forms the heart of operational efficiency, not only within individual units but also spanning communal spaces and beyond.
According to a report by CBRE, the overall multifamily vacancy rate increased by 30 basis points (bps) quarter-over-quarter in Q1 2023 to 4.9%, which was less than the 70-bp increase in Q4 2022 and the 90-bp jump in Q2 2022. Learn more now.
Starting January 1, 2023, new HVAC regulations will come into effect and I'm sure you're wondering how this changes. These changes will increase the required minimum efficiencies for residential and commercial HVAC (packaged unitary rooftops, split systems, Mini-VRF, and mini-splits) equipment starting on January 1st, 2023
Multifamily properties, those with apartment or condominium buildings, present a tremendous opportunity for energy savings. Learn to about Multifamily Energy Efficiency Programs today.
While there are many ways to protect yourself and your property when using fireworks, serious fires during Independence Day celebrations continue to rob people of their homes and cause costly losses.
If you’re interested in developing or renovating your multifamily housing, apartment complexes, new development, duplexes you should think smart before investing into a construction company or contractor.