Problems viewing? Click to view online Issue #27, January 2019
Summerfield Management
2018 Multifamily Rent Growth Ends Strong
2018 Multifamily Rent Growth Ends Strong
Summerfield Management - January Industry NewsIvyLee Rosario, Multi-Housing News Summerfield Management - January Industry NewsJanuary 15, 2019
Annual rent growth has risen at least 2.9 percent every year and has surpassed 3 percent in six of the last eight years, according to a survey of 127 markets by Yardi Matrix.
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Industry News
Hiring a Property Management Firm Increases ROI
Hiring a Property Management Firm Increases ROI
Summerfield Management - January Industry NewsDebbie Willis, Multifamily Executive Summerfield Management - January Industry NewsJanuary 8, 2019
Without a doubt, owning and managing any type of rental housing can be challenging. However, owning and managing a luxury apartment community can be even more demanding.
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Attract and Retain Quality Residents in 3 Creative - and Affordable - Ways
Attract and Retain Quality Residents in 3 Creative - and Affordable - Ways
Summerfield Management - January Industry NewsElizabeth Millar, Appfolio.com Summerfield Management - January Industry NewsDecember 2018
Convincing quality tenants to move into your property instead of a competitor’s isn’t always an easy task. To do that, you have to send the message that renters will benefit more by moving into your community than they will somewhere else.
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Do You Offer Your Residents These Services?
Do You Offer Your Residents These Services?
Summerfield Management - January Industry NewsLela Cirjakovic, Multi-Housing News Summerfield Management - January Industry NewsJanuary 11, 2019
When considering what amenities to offer your residents, remember that top-notch assistance and thoughtful conveniences can unlock tremendous value.
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Reports Show Continuing Rent Growth
Reports Show Continuing Rent Growth
Summerfield Management - January Industry NewsMichael Rudy, MultiHousing Pro Summerfield Management - January Industry NewsJanuary 8, 2019
Yardi Matrix and RealPage have issued their year-end reports on the multifamily housing market. The reports paint similar pictures of a market with rent growth higher than the general rate of inflation and occupancy rising despite strong deliveries of new units.
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5 Ways a Property Manager Can Appeal to an Average Millennial Renter
5 Ways a Property Manager Can Appeal to an Average Millennial Renter
Summerfield Management - January Industry NewsLillian Connors, Rental Housing Journal Summerfield Management - January Industry NewsDecember 10, 2018
Appealing to the millennial demographic is definitely not an easy task ,and appealing to the millennial renter is a challenge for many property managers.
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Do's and Don'ts of Roommate Shares for Property Managers
Do's and Don'ts of Roommate Shares for Property Managers
Summerfield Management - January Industry NewsAdam Frisch, Multi-Housing News Summerfield Management - January Industry NewsJanuary 3, 2019
These living arrangements generate higher rents for the same space, but they should not be implemented without careful consideration.
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8 Ways to Improve Your Digital Marketing in 2019
8 Ways to Improve Your Digital Marketing in 2019
Summerfield Management - January Industry NewsZillow Rentals Team, Zillow Summerfield Management - January Industry NewsJanuary 16, 2019
Here are eight digital efforts we recommend investing in over the coming year to market your property, get noticed and reach more renters.
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Short-Term Rentals Offer Multifamily Operators New Opportunities
Short-Term Rentals Offer Multifamily Operators New Opportunities
Summerfield Management - January Industry NewsTim Blackwell, Property Management Insider Summerfield Management - January Industry NewsJanuary 8, 2019
...The recent surge in demand for short-term rentals outside of the hotel experience has created new opportunities for multifamily. New players and strategic partnerships have entered the market ranging from updated corporate housing models to short-term rental platforms similar to those of Airbnb and HomeAway, platforms that are capitalizing on a growing housing vertical.
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Let’s start Doing Business together
Summerfield Management has the qualified personnel, systems, policies, and protocols in place to maximize the return on your multifamily investment. If you are interested, please contact Summerfield Management to initiate a dialogue on how we can make a positive impact on your investment.
Summerfield Management
CALL TRAVIS GOLD TODAY
206-960-6003
Summerfield Management Office Locations:
934 Broadway, Suite LL1, Tacoma, WA 98402
7525 SE 24th Street, Suite 665, Mercer Island, WA 98040
1124 West Riverside Drive, Suite 325, Spokane, WA 99201

tgold@smfield.com
www.summerfieldmanagement.com
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Summerfield Management