Remove 2023 Remove Lease Remove Tenant
article thumbnail

Tips to Minimize Tenant Turnover

American Apartment Owners Association

In the competitive world of property management, tenant turnover can be a significant drain on resources and profitability. The costs associated with vacant units, marketing to new tenants, and preparing properties for new occupants can quickly add up.

Tenant 246
article thumbnail

Spotlight Interview: Tim Wehner, Past NARPM President & Property Manager Extraordinaire

Yardi Breeze

His term as president ended in 2023, but hes been involved with the association in one way or another for his entire career in real estate. which focuses on protecting tenants rights, landlords rights and property rights. Looking ahead, AI could be used to analyze leases and answer questions like, When is my rent due?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Residential Property Maintenance Metrics and Improving NOI (with Ray Hespen)

Fourandhalf

The last time he was on the podcast, in late 2023, his team was just beginning to establish this concept of maintenance analytics. Would you rather lose 50 percent of your owners or 50 percent of your tenants? One of the reasons that tenants leave is that they hate the maintenance. So, the hierarchy starts at the investor.

article thumbnail

What is the San Francisco Silicon Valley’s Sub-Lease Market Impact on Commercial Property Values in 2025

Esquire Property Management Group

Sublease Market 2025: Increased Competition and Pressure on Rental Rates The increase in sublease availability presents additional opportunities for prospective tenants, thereby heightening competition among property owners, landlords and property managers managing leasing.

article thumbnail

Rents Rise Slightly For Second Month In A Row

Rental Housing Journal

Year-over-year rent growth has now been negative since June 2023, but in recent months, there are signs that a return to positive growth is on the horizon. While the last two months have seen some rent increases, overall national year-over-year growth remains negative at -0.4

Rent 96
article thumbnail

Mortgage Rates in 2025: Will Mortgage Rates Go Down?

Bay Property Management Group

This marks a sharp improvement from October 2023, when rates peaked at 8.01%, a 23-year high. This is a huge improvement compared to October 2023, when rates hit a historic 23-year high of 8.01%. This marks a sharp improvement from October 2023, when rates peaked at 8.01%, a 23-year high.

article thumbnail

Impact of RTO on Commercial Real Estate Trends

Esquire Property Management Group

In the United States return-to-office (RTO) rules are still changing as of early 2025, and they have a big impact on commercial property prices, commercial leasing rates, and staff retention. How is RTO Effecting Rates for Commercial Leasing? Compared to 2023, sales activity climbed by 20% to $63.6 billion in 2024.