We know that traditional security deposits fall short in their risk mitigation capabilities, instead negatively impacting properties at financial, operational, and regulatory levels. Yet, many property owners and operators are unaware how surety bonds — promoted as an alternative to deposits — often compound the risks that deposits introduce. Our insights reveal that the path…
Manoj Sigdel, Head of Data and Analytics at LeaseLock, is a highly experienced technology leader with a focus on SaaS-based business intelligence (BI) products. He has over 15 years of experience in various industries, including real estate, property management, financial services, and insurance. Manoj holds an MBA in Strategic Leadership and possesses a deep understanding…
NAA Apartmentalize 2023 — the rental housing industry’s biggest event of the year — had record-breaking attendance with multiple highlights that made the experience a total hit for all attendees, including: 1. tons of networking opportunities 2. plenty of educational value 3. new proptech solutions On the networking side, relationship-building is an obvious benefit of…
It’s time to get ready for the biggest event on the rental housing calendar! Apartmentalize 2023 hits Atlanta June 7-9, with over 6,000 attendees, nearly 400 exhibitors, almost 100 educational sessions, and countless networking and entertainment opportunities. An event of this size requires a strategic approach, and as longtime attendees and exhibitors, we have a…
Despite new capabilities through technological advancements, property management responsibilities are piling up and growing more complex, introducing new forms of risk in the process. What does it take for property owners and operators to reduce loss in the face of heightened risk exposure, especially when a recession looms? Traditionally, loss protection strategies have focused on…
As more next generation residents enter the rental housing market, renter priorities and expectations evolve. To appeal to these new preferences, improve the resident experience, and stay competitive, multifamily owners and operators need modern solutions. Our Chief Revenue Officer, Ed Wolff, sat down with Amenitize or Die host, Scott Patterson to discuss what value-add amenities…
Concerns about a recession continue to grow as mortgage rates rise, cap rates expand, rent growth stalls, and inflation soars. Borrowing money has become more expensive, and property owners and operators are feeling the pinch. If multifamily net operating income (NOI) is at risk of slowing and the inherent risk of financial loss (i.e., bad…
It’s that time of year again—the NMHC OPTECH Conference and Expo is coming up in less than a week on November 01, 2022. Attendees are due to fill the Wynn Resort in Las Vegas, Nevada for three days with an agenda jam-packed with over thirty education sessions and an expo floor filled with a hundred…
NMHC OPTECH 2022 is the must-attend conference for multifamily owners and operators who want to stay ahead of the latest technology and operations trends. With the top proptech innovators and housing leaders in attendance, the three day conference packs a ton of value with dynamic sessions, interactive workshops, educational discussions, and networking opportunities. This year’s…
Amid the housing market downturn, more buyers are being pushed into the rental market. Rent growth, which soared for the better part of 2022, has begun to stall, and various financial stressors like rising consumer inflation and mortgage rate hikes have started to eat away at owner asset value margins. While renters and multifamily owners…
While the application of AI in leasing took time for multifamily operators to adopt, AI leasing tools are now widely embraced. These front end solutions, like AI chatbots or AI leasing assistants, improve prospective resident engagement, reduce workload for property teams, and accelerate lease conversion. What about the application of AI on the back end,…
The risk of financial loss in operating a property management company is especially high in today’s economic environment. Between rising mortgage rates, slowing rent growth, and surging inflation, asset value margins are exposed and owners are feeling the pinch. Security deposits have historically been the go-to financial instrument to protect against such loss, yet they…
