The Harvard University Joint Center for Housing Studies’ most recent report on rental investments at the metro level reveal just how much the multifamily industry spends every year on rehabs, and what they spend it on.
It’s important to train leasing agents to go far beyond simply reciting a sales pitch; the aim is a much more holistic education on design and development, allowing them to illustrate the real-world applications and benefits of specific features.
While developers are building new properties with much less parking ground thanks to new zoning requirements, architects are tackling the problem head on, figuring out a creative use for all those empty spaces.