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Glaser Property Management – August 2020 Newsletter

Posted on August 31, 2020

August 2020 News & Information Affecting
Landlords and Investors

Dear Friends and Family,

As multi-family residents no longer leave to go to work, new challenges face the property management industry. Residential tenants across the country are moving to more affordable zip codes. Higher end Class A rentals are getting hit the hardest in terms of increased vacancy and decreased rental rates. All while the design of apartments becomes more geared towards work from home space and unit level amenities.

How to Manage Multi-Family Assets When Residents No Longer Leave
Life under COVID-19 means people are now at home most of the time. While this is better for public health, it introduces new challenges for multi-family owners and operators.
Managing During COVID-19

Significant Spikes and Decline in Rental Markets Across the Country
Whether you live in a bustling city, sprawling suburb, or somewhere in between, it’s likely that you’ve been hearing more stories of people moving from expensive markets to more affordable zip codes.
National Rent Report

Class A Vacancies Rise and Rents Fall Amid Crisis
The coronavirus crisis boosted vacancies in high-end apartment properties across the US as many residents fled urban centers, adding to the impact of a wave of construction.
Class A Crisis

Post-Pandemic Apartment Design
The advent of the pandemic is accelerating the rate at which change is happening in multi-family design, particularly as it relates to work-from home space, the amenity mix and outdoor gathering areas.
Apartment Design

Call Today for a Free Management Consultation and Ask About our Referral Program

Interested in a FREE Property Operations Analysis? At Glaser Property Management Inc., we thoroughly review your lease agreements, management agreement and Profit & Loss statement to find ways to reduce expenses and add value to your property’s Net Income.

Schedule a Management Consultation

Are you an Agent/Broker with a client looking for a property manager? We DO NOT COMPETE with brokers when it comes to sales and we will keep the relationship strong for you. Additionally, we provide generous and ongoing referral fees.

Referral Program

As always, please respond with your questions, comments, and thoughts. Until next time, hope you have a great rest of your day!

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