The multifamily industry may be embracing technology from a marketing perspective, but when it comes to organizing leads and lease expirations, the third-party products available are often found to be wanting. More
Mulitfamily IT departments are moving more toward software as a service and cloud computing. More
While deals are still few and far between as players wait for compression in the bid/ask spread or the distressed floodgates to bust open, fee management companies with an ownership component are prepping not only by raising cash, but by getting local as well. More
Last October, former Greystar Real Estate Partners executive Tom Shelton became the new president of Irvine, Calif.-based Western National Property Management, a regional multifamily owner/operator and fee management firm with approximately 24,000 units in a largely Southern California portfolio. Western National announced earlier this month that the company was expanding its fee management business into the Phoenix market as part of a larger growth strategy across Arizona, California, Las Vegas, and Denver. Shelton spoke about that growth plan in an exclusive interview with MULTIFAMILY EXECUTIVE during the 2009 Multifamily Trends Conference, held during the Pacific Coast Builders Conference. More