Why Asset Management is Extremely Valuable Right Now Jul. 05, 2021
Asset management has always been a valuable skill, but in light of the effects of COVID-19, more and more real estate investment firms are either evolving or completely retooling their asset management functionality.
In multifamily real estate, we need asset managers for their keen sense of upside value-add and of course, downside financial protection. Asset management is truly one of the most valuable and interesting roles in real estate, and although our team at IBR is already well aware of this, we’re glad to see these roles being highly regarded across the board as of late....Read More
Logging in to address the Lumber Shortage Jul. 03, 2021
Unless you’re living under a rock (or a log), you’ve probably heard that lumber prices have skyrocketed during the last year. Since December alone, lumber prices have risen by 34.3% (NMHC).
The shortages in materials will continue to cause project delays and cost increases in the multifamily sector just as quickly as the price inflations are causing continuous disturbances in the construction industry....Read More
Build-for-Rent is Booming Jun. 23, 2021
The U.S. housing market is seeing a boom in the development of build-for-rent (BFR) homes. For investors, BFR homes, for the time being, are able to strike a delicate balance between supply (or lack thereof for-sale inventory, otherwise known as “SFR” – single-family rental, BFR’s sister industry) and dramatically increasing cost to acquire homes....Read More
Innovating Brand in Multi-Family Jun. 08, 2021
While physical amenities count toward a large portion of your residential experience, the way you define your brand makes a bigger impact on what your residents think of you and ultimately, what they spend (and re-spend), affecting bottom line.
Ice Breaker Resources, for the several years, has taken a strategic stance and have been executing constructive team building for clients to manifest our belief that EXPERIENCE INFORMS BRAND....Read More
5 Ways to Keep Health & Safety Top-of-Mind in Multifamily Housing Properties Apr. 14, 2021
As more and more Americans continue to receive the vaccine for COVID-19, there seems to be a light at the end of the tunnel. Despite this, the virus will not be going away any time soon. Health and safety will continue to be a major priority, especially in shared spaces such as apartment buildings and condos. Multifamily housing owners and property managers should continue working with staff, residents, and public health officials to provide safe and sanitized living environments. Here are a few guiding principles to keep in mind as suggested by the CDC....Read More
Fill the Void: A Multifamily Housing Discussion Mar. 03, 2021
We recently hosted a webinar featuring several talented executive leaders in the multifamily housing space. The conversation led to many timely and useful insights that we’d hate for anyone to miss. We’ve decided to share the highlights below....Read More