NAA Industry Insider: Renters Will Pay More for Active, Cultural Lifestyles | National Apartment Association

NAA Industry Insider: Renters Will Pay More for Active, Cultural Lifestyles


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NAAHQ   //   June 2, 2015
The Industry Insider
Your Weekly Source for Multifamily Industry News and Information
smaller markets
Lead Story
Smaller Markets Provide Strong Investment Opportunities
Find out why some real estate investment trusts and institutional investors are opting for second- and third-tier markets, instead of more saturated primary markets, for their next property investments.
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The Home Depot
Top Stories
labor costs
Market Trend Insights
Materials Prices Drop; Labor Costs Rise
Although prices for important construction materials, such as steel and lumber, have dropped considerably over the past 12 months, labor costs are rising because of a shortage of skilled workers.
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NAA Open Door
Sponsored Content
Best-in-Class Resources, Thoroughly Vetted for Your Peace of Mind
Providing access to excellence at a reasonable price that's what NAA's new Open Door program is all about. With Open Door as your purchasing partner, savvy NAA members are saving thousands of dollars on relevant, everyday products from suppliers they know in trust.
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renter satisfaction
Industry Buzz
Prices Aren’t the Sole Factor in Renter Satisfaction
Cultural diversity, entertainment options and safety are a few reasons why renters are satisfied with their city of residence — and why many often prefer more expensive metropolises.
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Urban lifestyle
Deals and Developments
Attracting Young Demographic With Urban Lifestyle
A new 203-unit apartment community in Grand Rapids, Mich., offers common urban-development features, such as walkability and accessibility, to draw millennial renters.
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Sponsored Content
Advisory Board for MAXIMIZE: 2015 Multifamily Asset Management Conference
NAA is pleased to announce the Advisory Board for MAXIMIZE: 2015 Multifamily Asset Management Conference. Comprised of some of the industry's foremost experts and thought leaders on operations, asset management, revenue management, development, acquisition and disposition, the MAXIMIZE Advisory Board will provide invaluable input on conference programming and direction.
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Military Families
Affordable Housing
Limited Housing Options for Military Families
Even when accounting for basic housing allowances, many military families have difficulty affording today’s rental prices, which often equate to more than 40 percent of their income.
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Baby Boomers
Deals and Developments
Baby Boomer Developments Emphasize Luxury
Miller-Valentine Group is working on multiple developments aimed at the 55-and-up crowd that provide luxurious amenities such as gourmet kitchens and step-in showers.
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American Campus Communities
American Campus Communities Promotes Two Rising Stars
Kim Voss and Jorge de Cárdenas join the ranks of executive vice presidents for the financial information technology divisions, respectively, at the student housing firm. .
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Catholic School
Deals and Developments
How a Catholic School Becomes an Urban-Loft Community
An old school in Cranston, R.I., gets an urban face-lift and new functionality as a 20-unit one- and two-bedroom apartment community.
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NAA Announcements
Savvy Tools to Follow to the 2015 NAA Education Conference & Exposition
From desktop planners to mobile apps to social media hashtags, there are myriad ways to easily follow the action at the 2015 NAA Education Conference & Exposition, taking place June 24-27 at the Mandalay Bay Resort and Convention Center in Las Vegas. Register today to check out all the activities in person.
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Don't Forget to REWIND

Not able to make the 2015 NAA Education Conference & Exposition? Sign up today to receive discounted audio and visual recordings of conference sessions so you can stay up to date on key industry information. The price goes up after June 12.
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2015 NAA Income and Expenses Survey 

Reserve your copy of the survey containing leading financial and benchmarking information for the industry by contacting the National Apartment Association’s membership department. You’ll find invaluable data to help prepare for the upcoming budget season.
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Check Out units Magazine’s New Look
The May 2015 issue showcases a new look and feel for the digital edition of units magazine, the renowned publication for professionals in the multifamily housing industry. Check out the mobile-optimized format today to catch up on the latest news in rental housing.
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