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Annie McClinton, vice president of Irvine, Calif.–based Multifamily Ancillary Group, which provides contract negotiation and ancillary income audit services to apartment operators, McClinton sees many operators leaving money on the table in the form of seldom-reviewed third-party service contracts.
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Hunting down multifamily assets in secondary and tertiary markets and getting the most out of net operating income is all in a day's work for Joel Sanders
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Want to maximize your NOI? It can be done in just a few simple steps, according to Lee Harris,president and CEO of Overland Park, Kan.–based Cohen-Esrey Real Estate Services. Harris, along with a panel of industry experts speaking at the annual Apartment Finance Today Conference this week in Las...
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Additional revenue derived from smart ancillary pricing can have a meaningful impact when spread across an entire portfolio of properties.
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As rents continue to fluctuate from quarter to quarter, property managers are working hard to keep NOI at its maximum level.
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Annual billionaires' list shows that even the wealthiest are getting poorer.
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Apartment firms boost operating income despite losing potential revenues.
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When Essex Property Trust, a Palo Alto, Calif.-based REIT, went public in 1994, it brought a distinct operating philosophy to the multifamily universe: to acquire, develop, and own apartment communities in high-barrier, supply-constricted markets. At the time, Avalon Properties (now AvalonBay...
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If a penny saved is a penny earned, then Berkshire Property Advisors has earned many pennies indeed. At every stage of a property investment and every level of the company, Berkshire searches for the “alpha,” the seemingly small factors in acquisitions, renovations, and management that add up to...
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Dave Woodward of Laramar Communities chose to accept a mission that some think is impossible: He's in the early stages of switching to a commission-based pay structure for the company's leasing agents. The mission will be a dangerous one, full of daunting unknowns, twists and turns at every corner...