Always busy and focused on your operation, you may not have time to stay on top of updates in the apartment market when it comes to supply, demand, rents and occupancy. So how is the industry fairing overall? During a recent live webcast, MPF Research, the market intelligence division of rental housing technology firm RealPage, […]
In a recent webcast, Doug Bibby, president of the National Multifamily Housing Council (NMHC), headquartered in Washington, D.C., joined Jay Parsons and Greg Willett of MPF Research to talk about issues of interest to the multifamily industry.
In discussing the on-going shortage of income-restricted/designated-affordable housing, Bibby emphasized the importance of the Low Income Housing Tax […]
Budgeting is hard work
There have been many years in my apartment-industry career where budget season has dragged out for month after month, pushing all other duties to the side to satisfy an all-consuming need to continue to review and refine the budget. There are so many moving pieces that drive utility costs: unusual […]
Over 80 percent of California apartment residents don’t directly pay for the water they consume in their home. Without an idea of how much water they use, it’s impossible for residents to have any real understanding of how to best scale back consumption. That, however, is about to change.
As legislators and supporters see it, […]
I have a friend who is super passionate about trash. Actually, more correctly stated, I have a friend who is passionate about diversion.
“Unless you or someone you love is in diapers, you should not have trash.” He tells me. “Inconceivable!” I think to myself as I see my properties trash enclosures on Monday morning, […]
2016 promises to be an interesting year. NWP, now part of the RealPage family, continues to roll out innovations that make utility management and regulatory compliance easier, and results, more reliable. Many are in direct response to regulatory requirements, now and into the future.
NWP leads the industry in data visualization and mobile computing as […]
California Senate Bill 7
In the 2015 California Legislative Session, Senate Bill 7 (SB7) passed the Senate and made it through all but one of the Assembly Committees before it stalled and was made a two-year bill. This bill will create a mandate for the installation of meters (by the owner or the providing […]
The term “benchmark” was originally used to describe a point related to elevation. We now use it to describe the measurement and comparison of all sorts of data.
In the apartment business, utility benchmarking is a hot topic. But, what does it mean? Is it a code word for something else? Is it just a […]
Following in the footsteps of other residential energy efficiency programs, multifamily housing is becoming the subject of new energy performance rules and regulations. The new mandates require higher levels of usage disclosures and prescribe energy benchmarking policies.
The goal of this expanded oversight is to encourage greater transparency in energy performance information. Regulators believe that […]
I have a proclivity to discuss topics that no one else seems to want to chat about, in greater detail than anyone wants to hear.
When I worked in the healthcare industry and people asked me, how was your day, they would often get a story in graphic detail. My best friend once told me […]