Multifamily Unpacked

On the February 7th edition of The Report, Tyler and Alex discussed rent reporting. 

Jake Holzman, SVP Operations at Imagine Homes, responded with a unique and nuanced perspective about rent reporting. We invited him on the show for a healthy debate. 

Listen wherever you get your podcasts. 

To stay up-to-date follow Funnel on Linkedin and connect with Tyler there, too. 

Last week in the Report we shared about many of the biggest stories in multifamily.

Since then, we heard from Dom Beveridge, founder of 20 for 20, multifamily thought leader and friend of the pod.

Dom came on to a new format of Multifamily Unpacked, The Response, and shared his insights on what's happening in litigation and legislation, particularly in Colorado.

Read Dom's most recent blog about this topic here, and listen wherever you get your podcast. 

To stay up-to-date follow Funnel on Linkedin and connect with Tyler there, too. 

Welcome back to The Report. This month Tyler Christiansen, CEO of Funnel, and Alex Howe VP of Marketing + Growth at Funnel will discuss: 

If you have a unique perspective on any multifamily news, please reach out to [email protected] and we'll include your question or opinion on the show. 

To stay up-to-date follow Funnel on Linkedin and connect with Tyler there, too. 

Leverage AI for good. The good of your teams, your management, and your renters. 

See how recent advancements in AI, like Chat-GPT, can create optimal renter experiences, give teams a hand, and equitably help renters find their next home from the people who actually build AI every day, and with it, multifamily’s future. 

Tune in to hear Jess Groff VP of Product, Mallory Sheibley Product Manager, and James Chryssanthacopoulos Data Scientist share the behind-the-scenes look at how not all products are created equally, how AI models are trained, and how AI will change multifamily. 

“The difference in AI and Automation can be seen in the market today in certain chatbots, for example. If you’ve ever interacted with a chatbot where you have to choose and click buttons for predefined options, you’re going down a rule-based click path that falls under the automation umbrella versus actually using an AI model to understand what the input is saying.”

— Mallory Sheibley, AI Product Manager, on what AI isn’t 

“Garbage in, garbage out. If you feed the training algorithm garbage it’s going to return to your garbage, and I think if you want to adapt that to this instance it’s bias in, bias out. If your data set is biased, you’re going to get a model that is also biased.”

— James Chryssanthacopoulos Data Scientist, on how bias is perpetuated with AI

If you enjoyed learning more about AI, please join us at The Forum an exclusive multifamily event for believers in a better operating model. 

To stay up-to-date follow Funnel on Linkedin and connect with Tyler there, too. 

Jerry Davis, the former COO at UDR, and affectionately known as the godfather of centralization joined Tyler Christiansen on the podcast today to kick off Season 3 of Multifamily Unpacked. 

They discussed UDR’s journey through centralization and the new operating model as well as the opportunities that operators have now for incremental revenue, and costs savings by operating with greater efficiency. 

Listen wherever you get your podcasts. 

To stay up-to-date follow Funnel on Linkedin and connect with Tyler there, too. 

ICYMI: on Monday we kicked off 2024 with 4 predictions from John Helm, Founder + Principal at RET Ventures, and Tyler Christiansen CEO of Funnel. 

From flat rent growth, to AI creating meaningful work, to multifamily being in mainstream news — you don’t want to miss out. 

About John:
Prior to founding RET Ventures in 2017, John was a Venture Partner with DN Capital in Munich, Germany. Before that, John ran and successfully exited two venture-backed real estate tech startups, was CFO of Marcus & Millichap, and a consultant at McKinsey & Company. He graduated Phi Beta Kappa with a B.A. in Economics from the University of Wisconsin, and holds an MBA from Harvard Business School. You can find John on his skis or mountain biking around Park City with his family.
https://www.ret.vc/
https://www.linkedin.com/company/retv/
 
Listen to John's interview from season 1: Industry-influenced technology solves tough challenges and addresses product-market fit on  Apple Podcasts, Spotify, or wherever you get your podcasts. 

To stay up-to-date follow Funnel on Linkedin and connect with Tyler there, too. 

The Report, which is about the biggest news in multifamily, is out. 

Today, Tyler and Alex discuss:

In this episode, we referenced:
 
The Forum.

This article by 20 for 20's Dom Beveridge.

To stay up-to-date follow Funnel on Linkedin and connect with Tyler there, too. 

Jessica Anderson, SVP of Operations, Essex Property Trust breaks down the long-standing API challenges between software solutions, and the multifamily industry’s long-overdue move to the new operating model. 

Learn about Essex's approach to save teams’ time, provide meaningful careers, and take care of prospective renters and current residents.

About Jessica Anderson: 

As Senior Vice President of Operations, Jessica Anderson is responsible for the oversight of Operations, Revenue Management, Marketing & Communications, Standardization and Process Improvement, Central Services and Sourcing & Procurement. Jessica previously served as the Vice President of Operations for Essex Property Trust from 2016 to 2019, during which time she was responsible for Southern California operations of over 28,000 units.

Prior to rejoining Essex in 2016, Jessica was the Vice President of Operations for Shea Properties. She initially joined Essex in 2014, taking over leadership responsibilities for Revenue Management at the merger with BRE Properties. Jessica started her career with BRE in 2001 and in 2012, after serving as Director of Operations for several years at BRE, she transitioned to revenue management, serving as the Vice President of Revenue Management.

To stay up-to-date follow Funnel on Linkedin and connect with Tyler there, too. 

Connecting job-ready talent with multifamily talent needs

No better way to kick off Giving Tuesday than with David Williams, CEO of Entryway. 

Entryway is a national nonprofit that transitions at-risk individuals and families facing homelessness to economic self-sufficiency through career training, employment, and housing opportunities in partnership with the multifamily industry. 

HOME by Funnel Inc. (HOME or Housing Opportunities Made Equal), a non-profit corporation dedicated to providing underprivileged renters access to better housing. 

Read more about this partnership in our recent press release. 

About David Williams
David A. Williams is the President and Chief Executive Officer of Entryway, a national nonprofit that partners directly with the multifamily real estate industry to transition individuals and families facing homelessness to economic independence with career training, employment and housing opportunities. 

Davis has operated non-profits including the Houston Food Bank, Habitat for Humanity, and Make A Wish. During his fourteen year tenure at Make-A-Wish America, the organization realized record growth with national office annual revenue more than quadrupling and wishes granted increasing every year. 

About Entryway

Entryway is a national 501(c)(3) organization that transitions individuals and families from homelessness to economic self-sufficiency by providing career training, employment, and housing opportunities in partnership with the real estate industry. Since its founding in 2014, Entryway has grown to serve over 600 individuals and families, unlocking pathways to life-changing opportunities and creating sustainable change in our communities. Entryway currently operates in ten markets: Atlanta, Charleston, Charlotte, Denver, Houston, Nashville, the National Capital Region, North Texas, Central Florida, and Greater Phoenix. More information can be found at www.entrywaytalent.org.

To stay up-to-date follow Funnel on Linkedin and connect with Tyler there, too. 

The most powerful and useful piece of technology you roll out to your teams can still fail if your teams hate using it. 

Here’s a top-secret product development recipe: listen to the end users of your product to learn how you can make the user experience better. 

Tune in to hear Jess Groff VP of Product, Chris Brennand Director of Product Design, and Andrew  Harmon Sr. Product Designer describe our approach to user research and product innovation.

To stay up-to-date follow Funnel on Linkedin and connect with Tyler there, too.