The Lease-Up

Multi-Housing News
The Lease-Up

The Lease-Up is a podcast series that explores issues within the multifamily housing industry, including trends, legislation impacting the market and insights from leading industry figures. Find more at our website: www.multihousingnews.com

  1. Student Housing Unlocked: Where Can You Find Opportunities in Texas?

    -2 J

    Student Housing Unlocked: Where Can You Find Opportunities in Texas?

    The student housing sector has been keeping a steady pace with a 94.5 percent preleasing rate and more than 41,430 beds under development. Major universities in Texas remain among the top institutions with the strongest fundamentals including rent growth and inventory. However, some investors are looking towards a new strategy: moving away from flagship universities and investing in smaller markets where supply demand is strong, and enrollment remains robust. That’s the case with Palladius Capital Management, which focuses on value-add and core-plus assets in markets with high demographic trends and economic potential. In this episode of Student Housing Unlocked, the company’s CEO Nitin Chexal shares his insights on the key factors that drive the Texas student housing market, as well as his approach to making communities desirable. Here’s what they discussed about: Texas student housing market trends and population-driven demand surge (01:24) Key growth drivers for growth at public and private universities in Texas (02:16) Addressing limited supply: Why strategic markets thrive despite challenges (04:27) Occupancy rates and their link to Texas's growing population and supply-demand (05:30) Policies that sometimes create noise in the sector (07:57) Shuttle-stop properties: A hidden ROI opportunity in student housing investments (09:00) Evolving student preferences for amenities and community features (11:28) Sustainability in student housing: Innovations and eco-friendly initiatives (13:34) Recent acquisitions and market focus in Texas and beyond (15:00) Future outlook: Student housing will continue to grow (16:57)

    19 min
  2. Top Marketers: A Design Firm’s Necessities

    5 NOV.

    Top Marketers: A Design Firm’s Necessities

    Marketing for an architecture or design firm looks different than for a multifamily owner or operator. A strong reputation and meaningful marketing material can be the difference between winning or losing out on a potential project. Sarah Wortman, marketing director, MG2, is an expert in ensuring that her company brings all the materials necessary, plus more, to the table. Wortman has been in her current role since March of 2023. She heads up the marketing team for the company as well as provides rigor and support for MG2’s business development strategy while working closely with the firm’s principals. She has background working for multiple design firms ranging from architecture to engineering companies as well as has experience focusing on client solutions and satisfaction through marketing. In this podcast, Wortman and Multi-Housing News Senior Associate Editor Jordana Rothberg team up to talk all about her role as a marketer for a design firm and some of her favorite strategies. Tune in to hear about: ·      Wortman’s background and how she became a marketer (1:00) ·      How academia has helped shape Wortman’s marketing career (2:25) ·      Communicating why marketing is essential during an economic downturn to executives (3:30) ·      How marketing can aid an architecture firm in landing a project (6:50) ·      The criteria clients use to choose an architect (9:35) ·      What it looks like to market for a community throughout all the stages of its life (10:40) ·      The importance of data for a design firm’s marketing team (13:45) ·      Marketing for different types of multifamily and commercial developments (15:30) ·      Some of MG2’s current projects and the media behind them (18:20)

    23 min
  3. 30 OCT.

    Quarterly with NMHC: New Supply Has Hit. Now What?

    In certain markets across the nation, rental rates have been hurt due to a strong wave of supply deliveries. And yet, the U.S. still faces a severe housing shortage partnered with affordability issues. In this episode of Quarterly with NMHC, Caitlin Sugrue Walter, vice president of research, and Bernard Fulton, vice president for housing policy and regulation, join Multi-Housing News Senior Associate Editor Jordana Rothberg to talk about just that. Caitlin Sugrue Walter’s primary role with NMHC is to conduct research on multifamily trends for the company. Her areas of expertise include apartment market trends, multifamily supply and specialty apartment research topics. Bernard Fulton brings more than 30 years of experience in and around Congress as a policy advisor, legislative analyst, lobbyist, strategist and political organizer. He is well versed in housing affordability, housing supply, finance and capital markets, GSEs and housing finance reform. Tune in to listen in on the implications of this new multifamily stock as well as what policy makers and those in the industry can do to keep the needle moving. You’ll hear: ·      Where new multifamily stock came online and why (1:30) ·      Why so many units hit the market at relatively the same time (3:30)   ·      How long until high-supply markets begin to absorb the excess (4:50) ·      Where multifamily development stands in the future (6:40) ·      Specific policy solutions to mitigate the impediments facing multifamily (10:30) ·      Short term solutions that would make a difference (13:05) ·      How taxes could ease or hurt multifamily cost challenges (14:15) ·      State-wide policies that Fulton hopes don’t move forward (15:40) ·      Sugrue Walter’s thoughts on rent growth sentiment and rent control (17:10) ·      Government programs and vouchers that can help residents find housing (18:05)   Recorded October 2, 2024

    19 min
  4. Top Marketers: A Data-Driven Source of Truth

    2 OCT.

    Top Marketers: A Data-Driven Source of Truth

    From a marketing standpoint, Towne Properties relies on a “source of truth.” What is it? Their CRM. In this Top Marketers podcast, Anne Baum, director of marketing with Towne Properties, talks about what it was like to first identify a source of truth, then clean the data in it and then deploy it for the greater good of the company. Of course, there were some challenges. One of them? Identifying and fixing discrepancies. But after years of practice, Baum knows how to utilize her data systems best. In her role, Baum heads up the marketing department which supports more than 100 properties, four business units and 900 employees. She has been at the company since 2019, having previously served in industries including franchise, non-profit, SMB, reverse logistics and multifamily. Tune in to listen to Baum chat with Multi-Housing News Associate Editor Jordana Rothberg about all things data. After all, she does joke that data is her middle name. You’ll hear about: ·       Baum’s journey from aspiring archeologist to marketer (1:15) ·       The two things Baum is most focused on in her current role (4:00) ·       How to identify a “source of truth” within a company and why it’s so important (7:00) ·       Towne Properties’ CRM and the data systems the company uses (9:30) ·       Classifying and dealing with data discrepancies (13:30) ·       The process of cleaning data (18:20) ·       What marketers can do to increase lead to lease optimization through data (21:00) ·       How marketers can use data to drive change internally (23:10)

    30 min
  5. Student Housing Unlocked: The Blueprint for Elevating Quality and Maximizing Occupancy

    19 SEPT.

    Student Housing Unlocked: The Blueprint for Elevating Quality and Maximizing Occupancy

    As one of the largest developers and operators of student housing across the US, Landmark Properties has built a reputation for delivering high-quality, innovative communities tailored to students' needs. But when it comes to student housing, it’s also important to know how to navigate risks while still capitalizing on the sector’s strong fundamentals. Despite ongoing challenges in the market, the company delivered over $2 billion worth of properties last year alone and started work on other major projects in prime university markets. In this episode of Student Housing Unlocked, Associate Editor Olivia Bunescu talks with Max LaVictoire, Landmark Properties’ Managing Director of Investor Relations, who discusses the unique challenges of tackling construction costs while maintaining high-quality standards. LaVictoire also shares the firm’s expansion strategy, along with the importance of keeping up with students’ needs. You'll also get a glimpse into their move in the SFR market and what sets this apart from their core focus on student housing. Here are the main topics LaVictoire and Bunescu talked about: Landmark’s strategies for mitigating market volatility in today’s unpredictable student housing market (01:33) The formula for crafting smart investment deals in the sector (03:13) How are the latest trends reflected in Landmark Properties’ portfolio? (05:09) The blueprint for selecting prime university markets and why some campuses shine brighter than others (07:04) How Landmark balances high construction costs with delivering top-tier, student-friendly living spaces (08:28) A behind-the-scenes look at their standout developments, including what makes Syracuse special (09:50) Innovative design and must-have amenities shaping the future of student housing (12:44) Exploring Landmark’s housing brands—The Standard, The Mark, etc.—and what sets them apart (14:00) How can operators keep a high occupancy rate across their portfolios? (15:50) Gathering feedback and a high focus on student-centered living 17:13) The opportunities of expanding into the SFR market with the Everstead brand (19:18) What’s next for Landmark Properties? (21:02) Pro tips for those looking to break into the student housing market (23:07)

    27 min

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À propos

The Lease-Up is a podcast series that explores issues within the multifamily housing industry, including trends, legislation impacting the market and insights from leading industry figures. Find more at our website: www.multihousingnews.com

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