Closets are one of the most overlooked but essential features in any home or multi-family unit. A well-designed closet not only keeps things organized but also adds value to the space. Here are five simple tips to make your closet both functional and stylish: 1. Think Vertical Don’t let vertical space go to waste! Add […]
How Declining Interest Rates Impact the Multi-Family Industry As interest rates start to come down, the multi-family housing industry is poised to experience a variety of shifts. Lower rates affect everything from property financing to tenant dynamics, making this change especially relevant for property developers, owners, and managers alike. Here’s a closer look at what […]
Embracing Sustainability in Multi-Family Housing: A Path to Long-Term Value
As environmental awareness continues to grow, sustainability in multi-family housing has become more than just a trend—it’s a necessity. Sustainable practices not only reduce the environmental impact of developments but also add significant value to properties, enhancing tenant satisfaction and reducing operational costs. Here are some key areas where sustainability makes an impact in multi-family housing:
Maximizing NOI in Multi-Family Housing: Key Strategies for Success In the multi-family housing industry, Net Operating Income (NOI) is a critical measure of a property’s profitability. NOI represents the difference between total income and operating expenses, excluding taxes, mortgage payments, and capital expenditures. For property managers and developers, increasing NOI is essential for enhancing property […]