National Apartment Association

Nova Credit Partners with SafeRent Solutions, Further Expanding Income Navigator Solution in the Property Management Sector

Retrieved on: 
Wednesday, February 21, 2024

To address this, many are incorporating income verification into their tenant screening process to guarantee that potential renters possess a stable and adequate income for meeting rental obligations.

Key Points: 
  • To address this, many are incorporating income verification into their tenant screening process to guarantee that potential renters possess a stable and adequate income for meeting rental obligations.
  • Nova Credit’s Income Navigator solution works to accelerate the screening of potential candidates while reducing fraud by using data that is straight from the source and advanced document-scanning technology.
  • Now, as a part of SafeRent’s comprehensive resident screening reports and solutions, property managers who use SafeRent can perform fast, wide-coverage, FCRA-compliant income verifications seamlessly within the tenant screening process.
  • We are excited to have found that solution in our partner, Nova Credit,” said Blanca Esparza of SafeRent.

NAA Statement on President Biden's State of the Union Address

Retrieved on: 
Friday, March 8, 2024

ARLINGTON, Va., March 8, 2024 /PRNewswire/ -- Statement from NAA President and CEO Bob Pinnegar in response to President Biden's State of the Union address:

Key Points: 
  • ARLINGTON, Va., March 8, 2024 /PRNewswire/ -- Statement from NAA President and CEO Bob Pinnegar in response to President Biden's State of the Union address:
    "The National Apartment Association (NAA) and our network of more than 96,000 members strive to be active and valued partners in every community.
  • While we are pleased that housing policy is meaningfully in the spotlight for the first time in generations, the President's misguided blame only serves to further divide us instead of solving the problems at hand: a critical shortage of housing supply and soaring costs across the board.
  • NAA has long been ready to partner with policymakers to pursue substantive solutions; now more than ever, rental housing providers and renters across the country need policies not finger pointing."

JAG Management Company Establishes New Regional Vice President Roles

Retrieved on: 
Thursday, February 15, 2024

With 10 new multifamily properties scheduled to join the JAG Management Company portfolio in 2024, the property management firm is pleased to announce the promotion of two regional managers to Regional Vice President to oversee growth across JAG’s portfolio along the East Coast.

Key Points: 
  • With 10 new multifamily properties scheduled to join the JAG Management Company portfolio in 2024, the property management firm is pleased to announce the promotion of two regional managers to Regional Vice President to oversee growth across JAG’s portfolio along the East Coast.
  • View the full release here: https://www.businesswire.com/news/home/20240215283614/en/
    JAG Management Company has promoted Maureen Haberern and Ronda Layo into new Regional Vice President roles to oversee East Coast growth.
  • (Photo: Business Wire)
    Maureen Haberern takes on the role of Regional Vice President for JAG Management Company’s operations in the Carolinas, the Mid-Atlantic, and Washington Metropolitan Area.
  • Ronda Layo is JAG Management Company’s Regional Vice President overseeing assets in New England, the Mid-Atlantic, and Washington Metropolitan Area.

IREM®, NAA, and BOMA Open 2024 Income/Expense IQ Benchmark Submissions in Partnership with Lobby CRE

Retrieved on: 
Wednesday, February 14, 2024

CHARLOTTE, N.C., Feb. 14, 2024 /PRNewswire/ -- IREM (Institute of Real Estate Management), the National Apartment Association (NAA), and Building Owners and Managers Association International (BOMA) have opened 2024 Income/Expense IQ (I/E IQ) benchmark submissions in partnership with Lobby CRE, a Thirty Capital company.

Key Points: 
  • CHARLOTTE, N.C., Feb. 14, 2024 /PRNewswire/ -- IREM (Institute of Real Estate Management), the National Apartment Association (NAA), and Building Owners and Managers Association International (BOMA) have opened 2024 Income/Expense IQ (I/E IQ) benchmark submissions in partnership with Lobby CRE, a Thirty Capital company.
  • "We are thrilled to continue our partnership with the Income/Expense IQ benchmark and kick off a new year for data submissions.
  • This initiative is truly powered by partnership, and together we can build better benchmarks," said Rob Finlay, CEO of Lobby CRE.
  • "As we open submissions for 2024 Income/Expense IQ benchmarking, we're excited to apply our streamlined data collection and analysis tool, thanks to our partnership with Lobby CRE," says 2024 IREM President Libby Ekre, CPM®.

Rampant, Increasing Fraud Impacting Rental Housing Costs

Retrieved on: 
Friday, February 2, 2024

Results from a groundbreaking new survey of rental housing providers have revealed staggering increases of fraud, contributing to both the growth in rents and number of evictions.

Key Points: 
  • Results from a groundbreaking new survey of rental housing providers have revealed staggering increases of fraud, contributing to both the growth in rents and number of evictions.
  • Driven in part by social media platforms such as TikTok and Instagram , the rise in false rental housing applications is exacerbating rental costs, fueling the housing affordability challenges facing communities across the country and undermining the credibility of eviction data.
  • This in turn leads to higher costs for rental housing providers and, ultimately, the renters they house.
  • “While most renters are honest, those who are not are causing the cost of rental housing to increase for everyone.

AMC Partners with AppFolio for Improved Property Management

Retrieved on: 
Thursday, February 1, 2024

IRVINE, Calif., Feb. 1, 2024 /PRNewswire-PRWeb/ -- Advanced Management Company (AMC) has taken a bold step into the future of property management. It has partnered with AppFolio to embrace innovative, customizable solutions for operating its portfolio of 62 communities and nearly 12,000 individual units throughout Southern California.

Key Points: 
  • IRVINE, Calif., Feb. 1, 2024 /PRNewswire-PRWeb/ -- Advanced Management Company (AMC) has taken a bold step into the future of property management.
  • AppFolio, a technology leader powering the future of the real estate industry, provides strategic property management options along with increased reliability and efficiency.
  • According to McCarthy, the move was a long time coming, as AMC had been using its previous property management software since 2003.
  • AMC selected AppFolio due to its comprehensive property management solution, which includes AppFolio Realm , and its suite of AI solutions that covers Realm-X , a conversational interface powered by Generative AI for the real estate industry.

Funnel Releases 2023 Highlights

Retrieved on: 
Thursday, January 11, 2024

TAMPA, Fla., Jan. 11, 2024 /PRNewswire/ -- Funnel Leasing, the only front office product suite to successfully centralize operations for leading companies, today announced its 2023 highlights. Throughout the past year, Funnel continued to innovate and disrupt the multifamily industry through partnerships with its clients and expanding the company's suite of products. From continued iteration of their products, to HOME by Funnel Inc. making its first donation to a charity partner organization, to earning awards, to closing on a new round of funding it was an outstanding year for Funnel.

Key Points: 
  • QuadReal leads the Canadian market with the first adoption of Funnel to drive centralized leasing portfolio-wide.
  • Non-profit, HOME by Funnel Inc., made its first donation to partner organization: Entryway
    The inaugural partnership between the two non-profits brings to life HOME by Funnel Inc.'s goal of creating housing equality.
  • The work knows no end, HOME plans to raise money to support housing equity from various sources, including Funnel Leasing, Inc., which will donate $1 from every new lease signed using Funnel Leasing's online leasing solution.
  • Funnel was honored with multiple additional multifamily and real estate Influencer awards:
    Our CRO, Johnny Hanna, former Entrata and Homie co-founder , was recognized as a 2023 Multifamily Influencer by GlobeSt.

NMHC, NAA Testify Before Congress on Housing Affordability Solutions

Retrieved on: 
Wednesday, December 6, 2023

The National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) today testified before the House Financial Services Committee, Subcommittee on Housing and Insurance for their hearing titled “Housing Affordability: Governmental Barriers and Market-based Solutions.”

Key Points: 
  • The National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) today testified before the House Financial Services Committee, Subcommittee on Housing and Insurance for their hearing titled “Housing Affordability: Governmental Barriers and Market-based Solutions.”
    Arianna Royster, president of Borger Residential, testified on behalf of the 100,000 combined members of NAA and NMHC to support sustainable policy solutions that improve housing affordability and protect the nation’s rental housing infrastructure for future generations of renters.
  • “To sustainably address the nation’s housing affordability challenge, policymakers should prioritize long-term solutions that will increase the supply of affordable rental housing.
  • Both solutions have been long supported by NAA and NMHC, and bipartisan and bicameral legislation to accomplish both of these have already been introduced in Congress this term.
  • It is clear that there is broad agreement between rental housing providers, renters and other housing stakeholders on what are effective solutions.

Thompson Thrift CEO Paul Thrift Named Business Leader of the Year by Indiana Chamber of Commerce

Retrieved on: 
Thursday, November 16, 2023

INDIANAPOLIS, Nov. 16, 2023 /PRNewswire/ -- Paul Thrift, CEO of Thompson Thrift, a full-service nationally recognized real estate company and one of the nation's leading multifamily developers, was recognized by the Indiana Chamber of Commerce as the Ogletree Deakins Business Leader of the Year, a statewide honor presented to an Indiana business leader whose work has significantly contributed to the state. The award was bestowed to Thrift at the Indiana Chamber's 34th Annual Awards Dinner, held at the Indiana Convention Center on November 14.

Key Points: 
  • INDIANAPOLIS, Nov. 16, 2023 /PRNewswire/ -- Paul Thrift, CEO of Thompson Thrift , a full-service nationally recognized real estate company and one of the nation's leading multifamily developers, was recognized by the Indiana Chamber of Commerce as the Ogletree Deakins Business Leader of the Year, a statewide honor presented to an Indiana business leader whose work has significantly contributed to the state.
  • The award was bestowed to Thrift at the Indiana Chamber's 34th Annual Awards Dinner, held at the Indiana Convention Center on November 14.
  • "Being selected as the Ogletree Deakins Business Leader of the Year is truly a humbling distinction," said Paul Thrift, CEO of Thompson Thrift.
  • In May, The Indianapolis Star named Thompson Thrift a winner of the Central Indiana Top Workplaces 2023 Award.

Allied Orion Group Names David Nargang as New President

Retrieved on: 
Wednesday, November 8, 2023

HOUSTON, Nov. 8, 2023 /PRNewswire/ -- Allied Orion Group has named David Nargang as president of the company's property management division. In this role, David will be responsible for overseeing the daily operations of a diverse property management portfolio comprised of more than 35,000 apartment homes across the nation. In addition, David will spearhead the supervision of the property management team, and his expertise will be instrumental in implementing and optimizing comprehensive policies and procedures to enhance the efficiency of our property management processes as well as ensure the highest standards of service and satisfaction are upheld for our investors, clients, and business partners.

Key Points: 
  • HOUSTON, Nov. 8, 2023 /PRNewswire/ -- Allied Orion Group has named David Nargang as president of the company's property management division.
  • Throughout his career, David has held key senior positions at various organizations such as NRP Group, BH Management Services, and Pinnacle Management.
  • With a strong background in property management and a track record of consistent achievements, we are confident he will lead us to new heights," said Ricardo Rivas, Chief Executive Officer of Allied Orion Group.
  • Allied Orion Group is a leading fully integrated, multifamily real estate investment, construction, and property management firm headquartered in Houston, Texas, with additional offices in Denver, Dallas, and San Antonio.