Seniors have more retirement options than ever before. The classic snowbird move to the Sunbelt is still the most popular choice, but more and more retirees are opting to live in big cities, with family members, in RVs, and even on cruise ships. In an increasingly competitive industry, owners and managers of retirement communities need new ways to attract residents…
Smart apartments are the hottest thing in multifamily living. Residents love them, but are they really worth the investment? The short answer is a resounding yes. But the long answer is a little more complicated, simply because we don’t have a lot of data on smart apartments specifically. We know the ROI is there, but we are still waiting to…
More and more households are choosing to rent instead of buy. Cities across the country are peppered with cranes and construction sites as developers loft-out old warehouses and build new residential high rises. Renters have more choices than ever, and increasingly, they prefer smart apartments to traditional living spaces. As competition heats up, developers and property managers need to make…
In the words of Bob Dylan, “Times they are a-changin’”. This is especially true for apartments. Top apartment amenities are going through a massive shift. A recent study found that renters today prefer smart home amenities to traditional amenities like swimming pools. Why do renters prefer smart apartments? In short, smart apartments make our lives easier, more convenient, and frankly,…
Updated July 12, 2019 Real estate is a long-term investment. Where most businesses barely plan past the upcoming quarter, real estate development companies are looking decades ahead. How will an investment today look 30 years from now? This is part of what makes the idea of smart apartments so scary for some developers. Combining computer technology (known for rapid obsolescence)…
There are more renters in the United States today than at any point since 1965. While some people rent out of necessity, many people are choosing to rent instead of buy. Young adults (and increasingly, retirees) see enormous value in apartments and condos. They rent for the lifestyle. As technology continues to shape our lives, our expectations are changing as…
What does the future of living look like to you? High-tech appliances might come to mind, like robo-maids, holographic TVs, or flying cars that fold up into suitcases. But if current trends are any indication of what’s to come, the future of living will revolve around something else – time. As we trade in spacious suburban homes for city lofts…
This week on Smart Apartment Talk we try a little different format for the show than we have before with an in-depth, one-on-one interview with Eric Willey, Director of Concierge Services (and resident Sommelier) at One Light Luxury Apartments in Kansas City, MO. One Light, which is one of the first new residential buildings built in over 25 years in Downtown…
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