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Latest News On Multifamily Renovations, And More

March 7, 2024

Affordable Energy-Efficient Upgrades: Leveraging Financial Incentives for Multifamily Properties

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.
January 25, 2024

Transforming Skylines: The Surge in Office-to-Apartment Conversions Reshaping U.S. Cities in 2024

In a striking shift, the year 2024 is witnessing a remarkable surge in the conversion of office buildings into apartment units across major U.S. cities. According to RentCafe, the number of apartment units expected to be converted has soared to over 55,000, marking a substantial increase from 12,100 in 2021.
January 25, 2024

Transforming Timeshares: A Guide to Multifamily Interior Renovations in 2024

In the ever-evolving landscape of real estate, timeshares continue to be a popular choice for individuals seeking vacation flexibility and shared ownership. As we step into 2024, the focus on multifamily interior renovations has never been more crucial. This blog post explores the latest trends and considerations for enhancing the interior spaces of timeshares to meet the changing preferences of owners and guests alike.
September 21, 2023

Remote Work Takes Center Stage for Value-Enhancing Renovation Teams

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."
August 4, 2023

Elevating Multifamily Success Through Maintenance Training and Support

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.
February 15, 2023

Converted Apartments Are Up 25% from Pre-Covid Analytics

New rental apartments are outpacing new construction, according to RentCafe’s Adaptive Reuse Report. The report shows that the number of adaptive projects grew 25% from pre-SARS years and almost doubled during the three-year period between 2020 and 2021. This growth is largely due to office-to-residential conversions as well as emerging niches like former healthcare and religious buildings.
June 24, 2022

New HVAC Regulations Are Coming In 2023

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