The multifamily industry is facing a significant challenge: employee turnover. With annual rates hovering around 32-33%, well above the national average, this issue is costing companies dearly in both financial and operational terms. Understanding the root causes and implementing targeted strategies can help organizations build more stable, engaged teams and ultimately improve their bottom line.
Read moreFloating Loan Fallout Rocks U.S. Multifamily
Across the United States, the multifamily real estate industry is facing a reckoning driven by its overreliance on floating-rate debt during a period of ultra-low interest rates. As the Federal Reserve has aggressively hiked its benchmark rate over the past year to combat inflation, that adjustable debt has become an albatross for apartment developers and investors.
Read moreUnderstanding the Tenure of Regional Managers
Understanding the Tenure of Regional Managers
In the dynamic landscape of corporate management, Regional Managers play a pivotal role in multifamily housing. Despite the criticality of their roles, these professionals often exhibit an average tenure of just 3-5 years. Several factors contribute to this relatively short duration, from corporate culture and career growth opportunities to overall job satisfaction. This article delves into these factors to provide a clearer understanding of the turnover in this key position.
Read moreProperty Management Talent Acquistion Scorecard
Are you looking to streamline your talent acquisition process in the property management industry? It's crucial to have predefined job descriptions, structured onboarding processes, and well-defined candidate profiles to attract and retain top talent. Regularly reviewing recruitment strategies, engaging with passive candidates, and having a succession plan in place are also key factors in staying ahead in the competitive real estate market. Take this ultimate property management quiz to assess your current practices and identify areas for improvement: https://lindsey-qhsthxzc.scoreapp.com
Considering asking for a raise from your current employer?
Considering asking for a raise from your current employer? Here’s a game plan that could help make your case strong!
The Future of Multifamily Housing: Executive Placement Trends
Uncover the future of executive placements in multifamily housing. Get insights into the trends shaping opportunities nationwide for top executives.
Read moreUnlocking Success: The Strategic Advantage of Partnering with an Executive Recruiter in Your Multifamily Job Search
Teaming up with an executive recruiter can be a game-changer. Here’s why tapping into the expertise of an executive recruiter could be your best strategy for landing your dream job in the multifamily sector.
Read moreSoutheast Multifamily Outlook Holding Strong →
Investors are bullish on multifamily activity in the Florida, Georgia, and Carolina markets.
Read moreThe 'Silver Tsunami' Is Still At Least 5 Years Away
1.We are still about 5 to 7 years from the BOOM of boomers reaching the age for the market 2. Destination communities could be the winning proforma! 3. Most 'independent living' aged residents are choosing to age in place vs. move into a community due to all the available services out there that come to your home.
Read moreNew Uptown high-rise is first in Dallas to make apartment living easier with Amazon
A new apartment community opening soon in Uptown (Dallas) knows what keeps us running day to day: Amazon. It's the first multifamily community in Dallas to offer all these amenities, and the result is a smart home that's truly impressive. At Carlisle & Vine, everything is #easierwithamazon.
Read moreEmployers Using Social Media More and More to Screen Candidates
According to a new CareerBuilder survey, 70 percent of employers use social media to screen candidates before hiring, up from 60 percent just two years ago. So, if you’re a job candidate, pause before you post!
Read moreConstruction Labor Shortage: Experts Put Out a Call To Action →
The construction industry’s acute labor shortage is putting the squeeze on the industry — delaying project schedules and increasing costs — but experts say there are ways to solve the problem, although quick fixes aren’t part of the mix.
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