The Lease-Up

The Lease-Up

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The Lease-Up episodes

  • Management Diaries: Essentials to Calm the Crisis and Reassure Residents

    As the regional manager of The Habitat Co.’s market-rate and condominium portfolio in Michigan, Steven St. Louis has maneuvered crises big and small. When unexpected situations arise, he prioritizes trust, transparency and timely communication with his residents.


    According to St. Louis, this is crucial to maintaining

    credibility, whether you’re addressing a dispute between two neighbors or something more jarring that impacts multiple residents. 


    How can managers ensure that they are effectively managing a crisis? By monitoring their response in real time—during and after the crisis—and adjusting where needed.

     

    Here are some of the topics we cover:

    • Why it’s important to balance empathy and understanding while guiding residents through a crisis (6:20)
    • How timely communication helps property managers stay ahead of the curve (8:53)
    • Navigating social media’s public square and controlling the narrative (11:35)
    • His best advice for property managers to address any crisis (13:50)
    • How he handled a major, unexpected incident that had
    • immediate and long-term community impact (15:52)
    • Key priorities for mitigating potential damage to reputation (20:03)
    • Why providing emotional support to residents is as crucial as managing high-level operations (26:57)
    • 30 min
    • Mission Success: Another Challenge? Bring it On, Says Jennifer Rowe

      Jennifer Rowe was studying finance and economics in Boston when she took a summer internship with a real estate firm. She liked the industry so much that she decided to deviate from her initial plans to pursue a career in investment banking. Today, she is the vice president of portfolio management at StreetLights Residential, a company that has been in Dallas for more than a decade and has since developed over 14,000 multifamily units in 11 cities across six states.

      In this episode of Mission Success: Women in Multifamily, Rowe talks to Multi-Housing News Senior Editor Laura Calugar about her career and lease-up strategies that work, but also shares details about her personal life.

      22 min
    • Top Marketers: Branding with a Promise

      Crafting a resident-first multifamily management company is a feat of its own. But marketing and getting the word out about it is another. Take it from Nicole Jones, senior vice president of marketing and communications, Veris Residential, who created and launched an entire program that takes residential care to a whole new level.


      In her second appearance with Top Marketers, Jones dives into the company’s newest program, Veris Promise. Multi-Housing News Associate Editor Jordana Rothberg and Jones discuss what the program means and how it came to be in the first place. Spoiler alert: from getting everyone to buy into the program to working out its legal kinks, it was no easy task.


      If you haven’t had the chance to listen to the previous

      conversation between Jones and Rothberg, it’s highly recommended to go back hear about the Veris Residential brand and its pillars of ESG, philanthropy and DEI. For this podcast, listen in as the two delve into:


      ·        What Veris Promise actually is (1:30)

      ·        Where a new program like Veris Residential lives (5:35)

      ·        The buy-in process and making alterations along the way (8:15)

      ·        Learning to love feedback (14:45)

      ·        The initiatives that make up the Veris Promise and Jones’s personal favorite (17:00)

      ·        How Veris Promise has been received internally (23:00)

      ·        Resident reactions to the new program (24:40)

      29 min
    • Quarterly with NMHC: Navigating High Insurance Costs

      The cost of insurance for multifamily communities isn’t

      going down. Instead, owners and operators are having to find ways to adapt. But it doesn’t have to be entirely on the plates of multifamily to solve problems brought about by increasing insurance prices. Policy solutions have the potential to offer some help too.


      In this episode of Quarterly with NMHC, Multi-Housing News Associate Editor Jordana Rothberg is joined by the National Multifamily Housing Council’s Kevin Donnelly, vice president of government affairs, technology and strategic initiatives, and Caitlin Sugrue Walter, vice president of research.


      Together the three discuss how insurance costs are impacting affordable housing, how these prices might change in the future and what policymakers can do to ease high insurance cost impacts. Follow along as this podcast goes over:


      ·       The current multifamily insurance landscape (1:30)

      ·       What factors are lending towards high insurance prices (4:30)

      ·       Where high interest rates do and don’t play a role (8:00)

      ·       The impact of high insurance costs on the national housing shortage (12:00)

      ·       How high insurance costs directly affect affordable housing (14:45)

      ·       Strategies firms are implementing to navigate a high insurance landscape (19:30)

      ·       The importance of high-quality data and modern technology (24:00)

      ·      Policy solutions that could help (27:00)

      ·      How experts foresee the future of multifamily insurance costs (33:00)

      38 min
    • Student Housing Unlocked: The Equation Behind Success in a Localized Sector

      Despite ongoing volatility and uncertainty in the economic sector, the student housing market has performed better than other assets, maintaining an uptick both in preleasing and units under construction.  Major players in the field, such as Core Spaces, managed to pencil student housing deals and even kick off projects nearing 2,000 beds.


      With a portfolio of 70 properties, serving over 40 institutions and almost 3,000 units under development, the company has been at the forefront of a localized market, as Brendan Miller, Chief Investment Officer of Student Housing believes.


      In our third episode of Student Housing Unlocked with Multi-Housing News’ Associate Editor Olivia Bunescu is joined by Miller to discuss the challenges in the sector when it comes to developing and delivering new communities, what students want nowadays, as well as Core Spaces’ business approach and values.


      Here are the main ideas discussed in this episode:

      • Tailoring projects to fit the needs of today’s students (01:13)
      • Student housing is a very localized business, particularly for developments (2:50)
      • The construction timeline is one of the major challenges in the sector (3:50)
      • Effective strategies for tackling rising construction costs (6:13)
      • Choosing the right partners for student housing projects (9:04)
      • “You can be a quarter mile from campus, but you could be a quarter mile from the wrong side of campus.” (10:32)
      • Core Spaces’ portfolio performance (13:00)
      • Factors that make projects stand out (14:33)
      • How can you successfully enter a new market?
      • (17:09)
      • The calculus on how to pick a market (18:45)
      • Advantages of being vertically integrated
      • (21:11)
      • How to become a “people company” (22:33)
      • Keeping the focus on Top Tier markets and being
      • an active buyer (24:35)
      • Trends that will further shape the student housing sector (26:20)
      • 29 min
      • Mission Success: When Development, Operations Blend Together

        Though her official title is Director of Development,

        Marquette Cos.' Ann Reckelhoff plays a huge role in all aspects of projects, including branding and design, construction management, hiring and operations, management and lease-up.

        In this episode of Mission Success: Women in Multifamily, Reckelhoff reveals to Multi-Housing News Senior Editor Laura Calugar what it takes to be successful in today’s complicated economic context. With extensive experience in both development and operations, Reckelhoff admits that the people that she surrounds herself with are a key ingredient of her accomplishments.

        27 min
      • Management Diaries: How the Right Upgrades Elevate the Resident Experience and ROI

        Welcome to Management Diaries, MHN’s podcast on

        multifamily property management. In this episode, Denile Doyle talks with Miguel Gutierrez, COO at CAPREIT.

        Gutierrez leads business strategy for CAPREIT’s full apartment portfolio, which comprises more than 100,000 residents. Every decision he makes for the communities he oversees centers around resident satisfaction and

        retention.

        With an ongoing goal to provide a positive resident

        experience, when it’s time to consider value-add upgrades or new services, his starting point is always renter preferences—from aesthetics to tech to sustainability.

        Here are some of the topics we cover:


        • Why knowing your market, including trends and demographics, is a precursor to choosing upgrades or new services for your community (4:15)
        • How improvements that combine convenience and sustainability can save money in the long term and support residents (8:48)
        • Managing the challenges that come with implementing upgrades or new services (11:55)
        • The correlation between reduced maintenance calls and the likelihood of a lease renewal (17:51)
        • A $26 million reminder of the significance of the work at hand and the importance of staying focused (23:04)

        • 27 min
        • Top Marketers: Crafting a Team-Oriented Strategy

          Each team has their strengths. And a great marketer knows how best to utilize these to create an authentic brand. That’s one of the ways that Carol Greenspun, director of marketing and operations, RailField Partners, helped put the company on the map.

          Greenspun has been with RailField Partners since 2021. She has more than 20 years of marketing consulting services background and has previously held marketing management positions with consumer-packaged goods companies and privately held firms.

          When she first joined the company, Greenspun set up a lot of little things–LinkedIn profiles, email signatures, etc. But she had a much bigger role, too. She was tasked with getting RailField Partners the attention it deserved. In this Top Marketers podcast, Greenspun and Multi-Housing News Associate Editor Jordana Rothberg discuss her strategies for elevating the brand to garner national recognition.

          Tune in to hear the two talk about:

          ·      Greenpun’s background as a marketer (1:00)  

          ·      Getting the ball rolling for the RailField Partners brand (3:45)

          ·      The differences–and similarities–of working with

          consumer-packaged goods versus real estate (6:45)

          ·      Primary strategies that Greenspun uses now (9:00)

          ·      Marketing to your team and ensuring timeliness (12:50)

          ·      How to get marketing to be a priority (18:00)

          ·      An upcoming project that gets Greenspun excited (19:30)

          22 min
        • Mission Success: Multifamily Is Still at the Top of the Food Chain

          The high interest rates and overall lack of stability are generating "a very significant reset" in the multifamily investment market, according to Robin Potts, partner & CIO in Canyon Partners Real Estate’s Los Angeles office.

          However, Potts expects sales to pick up later this year, when rates will likely come down. But even though that will encourage banks to loosen their lending standards, Potts sees prolonged opportunities for alternative lenders who have now established a more permanent role in the multifamily investment market. In this Mission Success: Women in Multifamily podcast episode, Potts and Multi-Housing News Senior Editor Laura Calugar discuss all facets of the investment market today and how things might evolve.

          23 min
        • Management Diaries: Streamlining the Leasing Process for Enhanced Efficiency

          Welcome to Management Diaries, MHN’s podcast

          on multifamily property management. In this episode, Denile Doyle talks with Jackie Impellitier, vice president of operations at ZRS Management.

          With a property management career that spans more than 25 years, Impellitier guides her team to deliver a frictionless leasing experience for prospects. She shares her insights on how property managers can streamline the leasing process and meet prospects and residents right where they are.

          Here are some of the topics we cover:

          • How technology clears the way for property managers to spend more time engaging with residents (3:31)
          • The importance of being adaptable and accommodating your prospects' needs (10:40)
          • Why a centralized leasing team is the transformative shift property management teams need (12:10)
          • Finding a balance between efficiency and quality customer service (15:37)
          • Strategies for effective communication with prospects and new residents (22:05)
          • 34 min

          About The Lease-Up

          From the publisher's feed

          The Lease-Up is a multi-series podcast channel by Multi-Housing News that explores issues and trends within the multifamily housing industry. Find out more at our website: www.multihousingnews.com.