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Exploring Risk Exposure in Multi-Family Developments.

CLASS is pleased to have guest blogger Chris Player, CIC, of Stevens Hale and Associates  provide some much needed insight into different areas of risk exposure in multifamily communities.   Thanks for sharing Chris! “Apartment executives face a number of day to day challenges.  From real estate market conditions to HR issues to tenant safety concerns; many executives…

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Multi-Family Site Selection Due Diligence

With the multi-family market remaining red hot, CLASS reached out to Fred Beebe of  Thomas & Hutton Engineering Co to provide some insight on Site Selection Due Diligence.   Thomas and Hutton has conducted site searches, land plans, and civil engineering for 11,000 apartment units in South Carolina and Georgia for the nation’s leading multi-family developers.   Below, Fred discusses some…

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Proactive Apartment Leasing

Are you proactive?  One of the things that separate the top business people from the rest of the population is their ability to identify what needs to be done on a project.  Most of the nation’s workforce will wait around until they are told what to do.  But those top people will walk into a situation, asses…

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What Do Generation Y Renters Want? I’ll Tell You… By Justin Coleman

    First off, on behalf of myself and the other 100 million or so individuals in this country that fall into the category “Millennials,” I’d like to say you are welcome to every individual that is involved in the multifamily industry.  It is in large part thanks to us “Echo Boomers,” “Generation Next” members,…

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Marketing Trends of 2012 (Updated) by Justin Coleman

  I was looking through some previous blog posts and came across one from last year predicting the Marketing Trends of 2012.  Since it was made exactly a year ago I figured it would be neat to see which of these trends and projections have held up over the past 12 months.  Additionally, I have…

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Property Taxes: The Downside of an Up-Market

One negative impact of the red hot Multifamily market is the increase in property taxes.  With class A and B properties frequently trading, tax assessors are provided with ammunition to re-appraise Multifamily properties.  In times of low trading and reduced property value, many assessors will only do a property tax assessment every 3 years.  However,…

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Handling a Challenging Assignment

Why does an apartment owner call CLASS?  While there are many answers to this question, one common theme surrounds a majority of our assignments.  They are difficult.  If it was easy our company would not be in business. As many of you have noticed, the degree of difficulty of our assignments may vary.  Sometimes we…

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C’mon Man!

With the NFL Season now upon us, I give you my version of the favorite pregame segment, C’mon Man! Here are 3 things that properties do that make me want to scream, C’mon Man! Market Rent vs Specials: Have you ever shopped a property and asked about the rents for an apartment only to hear…

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The Best of the Best

For the best sales people, it’s all about details.  While first impressions, being on time and having a great attitude are all essential to a successful assignment, the best Leasing Specialists are the ones who focus on the entire sales process, including the details.  They don’t just follow-up, they take the time to drop off…

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Your Apartment, Your Style

Today we have a guest blogger, Jake from BRE Properties, weighing in on some ways for renters to make their apartments unique and stylish.  Thanks for the post Jake! Define Your Style from Floor to Ceiling When someone first walks into your home they gain a sense or understanding of who you are as a…

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