Multifamily Property News, Features, and Investment Insights

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Now, For Something Completely Different—Millionaire Renters

The multifamily narrative is that residents are divided into two categories: Renters by need who rent because of financial constraints Renters by choice who rent because of lifestyle preferences According to a recent RentCafe report, one growing demographic in the renter-by-choice category is millionaires. The write-up explained that the number of millionaire rentals has tripled...

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CBG Finds Success with Affordable Microunit Project

Partners Christian Hart and Joe Seager have developed multiple affordable housing projects throughout California and the Southwest since launching their company, Community Builders Group (CBG), in 1999. But the idea of creating affordable multifamily microunits (small, single-room units measuring from 200 to 400 square feet) had never crossed their minds. That is, until a series...

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Pools, Parties and (Outdoor) Pits: Keeping Outdoor Multifamily Amenities Accessible and Secure

This is the second part of a two-part series. You can read the first article, “Summer is Coming—Time for a Seasonal Apartment Amenities Focus,” here. Managing multifamily property warm-weather amenities involves more than dumping the occasional bag of chlorine in the swimming pool. “Managing summertime amenities comes with unique operational pressures due to high demand...

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Summer is Coming—Time for a Seasonal Apartment Amenities Focus

This article is the first of a two-part series focused on multifamily warm-weather offerings. Memorial Day is in the rearview mirror. Meanwhile, June 1, the official start date of “meteorological summer,” is just ahead. Then there is the June 20 summer solstice, which truly puts us into the swing of the season. What do the...

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Multifamily unit Square Footage: Size Apparently Matters

Once upon a time, apartment unit square footage was fairly consistent. But that seems to be changing. A recent report from RentCafe noted two trends when it came to living space: The average unit size among new apartments in Coastal (New York City and San Francisco) and Sun Belt cities (Marietta, GA and Tallahassee and...

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Art College Pays $11 Million for Historic Rittenhouse Square Property

Washington DC + Student Housing

Developer Method Company sold 1831 Chestnut, a landmark Philadelphia property, to the Moore College of Art and Design. The former 29-unit boutique ROOST Rittenhouse Hotel traded hands for $11.5 million; the new owner will convert the building for student housing use. The acquisition included ground-floor retail space, which houses a jewelry store. “The seller purchased...

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Tax Legislation’s Impact on Apartment Owners

The current federal tax regime can have significant implications, positive or negative, for multifamily owners. Congress is working through a number of tax-related measures this spring, and they include renewal of existing provisions for businesses such as commercial real estate. Connect CRE spoke with Warren L. Dazzio, EVP with CSSI, for a comprehensive overview of pending legislation. Here’s what he told us. 

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Improving Customer Experience & Cash Flow

Coverage from Connect Phoenix Multifamily, SFR & BTR 2025 Improving Customer Experience & Cash Flow Featuring: Eric Keosky-Smith Director Program Manager U-Haul International Moderator John Carlson CEO Mark-Taylor Residential Rachael Kish SVP of Operations Asset Living Adam Pittenger CEO Moved Sam Shoen EVP U-Haul Holding Company   Intro Are real estate teams prepared to meet...

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