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How AI Adoption Might Follow Centralization

2024 seems likely to be a year of rapid acceleration in the adoption of AI in multifamily. The question is how rapid and what kinds of tasks will it be doing for us? During this year's 20for20 interviews, the 20 leaders were asked to speculate a little on the direction AI is likely to take. What the conversations revealed is that most leaders view AI as something you buy from third-party vendors specializing in this area. 

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Does Colorado Really Hate Multifamily?

Does Colorado Really Hate Multifamily?

Last week, a couple of important events unfolded in the ongoing story of multifamily revenue management (RM). On Tuesday, a US Senate bill was introduced, mostly restating the illegality of price-fixing. Although this bill has received considerable attention, it goes nowhere near as far as a Colorado state bill that was presented to a committee hearing at the Colorado Capitol one day later. 

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Multifamily Revenue Management - Barking up the wrong tree

Multifamily Pricing Trends: Barking up the Wrong Tree

There's been a lot of talk of multifamily pricing over the last year or so, with a slew of high-profile lawsuits alleging that software is forcing prices upwards across the USA. In a December 2023 newsletter,  NMHC did a thorough job of showing how record supply is placing downward pressure on rents. 

NMHC's extensive analysis makes it clear that it is supply and demand, not software, that drives pricing across multifamily markets. But that is not the subject of this article

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Assessing The Multifamily Technology and Operations Outlook

It's December, which is the time of the year when I have the absolute pleasure of sitting down for 20 in-depth conversations with multifamily executives. For those unfamiliar with 20for20, it's an annual survey where 20 leaders (ten heads of operations and ten heads of technology) from leading multifamily companies share their thoughts on the year that is ending and the year to come. 

Continue Reading
Multifamily Technology - Thankful for Being Wrong

Multifamily Technology: Thankful for Being Wrong

Thanksgiving week is a great time to reflect on what we're grateful for. I've been reflecting on a conversation with the founder of an impressive new multifamily technology company earlier this year. His company had identified a new solution to a long-standing problem (I will spare the details to maintain anonymity). But over the hour we spent on our zoom call, he made me reevaluate my priors on a particular area of multifamily operations. 

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NMHC OPTECH 2023

Five Hot Takes From NMHC OPTECH 2023

If you're getting back into the swing of things at work after an engaging few days at NMHC OPTECH, you're probably processing your way through an overload of information. It was a packed event marked by record attendance, the unveiling of a new renter preferences study, and—if you were lucky—a remarkable U2 show at the Sphere. Among the array of insightful conference sessions and side conversations, a few themes emerged, five of which I outline in this post.

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Look Who's Coming to NMHC OPTECH 2023

Look Who's Coming to NMHC OPTECH 2023!

NMHC OPTECH is just a week away, and I've been taking a look at this year's audience composition. At the time of writing, the total number of attendees has surpassed any previous year, making this year's show the biggest ever—congratulations to the organizers! Whatever economic uncertainty our industry is facing, the enduring popularity of NMHC OPTECH tells us that our industry's appetite for technological innovation is stronger than ever.

Continue Reading
Multifamily Technology and the

Multifamily Technology and the "Small Problem" Problem

Halloween is almost upon us. Texas has finally dropped out of triple digits for the year (phew). There are those who are excited about the presence of pumpkin spice in their drinks. That means it's almost time for NMHC OPTECH, the show that has so gracefully brought down the curtain on the annual multifamily conference circuit for as long as I can remember. I've been thinking some thoughts ahead of this year's event, the first of which I share in this post.

Continue Reading

How AI Adoption Might Follow Centralization

2024 seems likely to be a year of rapid acceleration in the adoption of AI in multifamily. The question is how rapid and what kinds of tasks will it be doing for us? During this year's 20for20 interviews, the 20 leaders were asked to speculate a little on the direction AI is likely to take. What the conversations revealed is that most leaders view AI as something you buy from third-party vendors specializing in this area. 

Continue Reading
Does Colorado Really Hate Multifamily?

Does Colorado Really Hate Multifamily?

Last week, a couple of important events unfolded in the ongoing story of multifamily revenue management (RM). On Tuesday, a US Senate bill was introduced, mostly restating the illegality of price-fixing. Although this bill has received considerable attention, it goes nowhere near as far as a Colorado state bill that was presented to a committee hearing at the Colorado Capitol one day later. 

Continue Reading
Multifamily Revenue Management - Barking up the wrong tree

Multifamily Pricing Trends: Barking up the Wrong Tree

There's been a lot of talk of multifamily pricing over the last year or so, with a slew of high-profile lawsuits alleging that software is forcing prices upwards across the USA. In a December 2023 newsletter,  NMHC did a thorough job of showing how record supply is placing downward pressure on rents. 

NMHC's extensive analysis makes it clear that it is supply and demand, not software, that drives pricing across multifamily markets. But that is not the subject of this article

Continue Reading

Assessing The Multifamily Technology and Operations Outlook

It's December, which is the time of the year when I have the absolute pleasure of sitting down for 20 in-depth conversations with multifamily executives. For those unfamiliar with 20for20, it's an annual survey where 20 leaders (ten heads of operations and ten heads of technology) from leading multifamily companies share their thoughts on the year that is ending and the year to come. 

Continue Reading
Multifamily Technology - Thankful for Being Wrong

Multifamily Technology: Thankful for Being Wrong

Thanksgiving week is a great time to reflect on what we're grateful for. I've been reflecting on a conversation with the founder of an impressive new multifamily technology company earlier this year. His company had identified a new solution to a long-standing problem (I will spare the details to maintain anonymity). But over the hour we spent on our zoom call, he made me reevaluate my priors on a particular area of multifamily operations. 

Continue Reading
NMHC OPTECH 2023

Five Hot Takes From NMHC OPTECH 2023

If you're getting back into the swing of things at work after an engaging few days at NMHC OPTECH, you're probably processing your way through an overload of information. It was a packed event marked by record attendance, the unveiling of a new renter preferences study, and—if you were lucky—a remarkable U2 show at the Sphere. Among the array of insightful conference sessions and side conversations, a few themes emerged, five of which I outline in this post.

Continue Reading
Look Who's Coming to NMHC OPTECH 2023

Look Who's Coming to NMHC OPTECH 2023!

NMHC OPTECH is just a week away, and I've been taking a look at this year's audience composition. At the time of writing, the total number of attendees has surpassed any previous year, making this year's show the biggest ever—congratulations to the organizers! Whatever economic uncertainty our industry is facing, the enduring popularity of NMHC OPTECH tells us that our industry's appetite for technological innovation is stronger than ever.

Continue Reading
Multifamily Technology and the

Multifamily Technology and the "Small Problem" Problem

Halloween is almost upon us. Texas has finally dropped out of triple digits for the year (phew). There are those who are excited about the presence of pumpkin spice in their drinks. That means it's almost time for NMHC OPTECH, the show that has so gracefully brought down the curtain on the annual multifamily conference circuit for as long as I can remember. I've been thinking some thoughts ahead of this year's event, the first of which I share in this post.

Continue Reading

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