Multifamily Innovation

Lloyd Companies VP, Ashley Lipp, Joins Industry-Leading Multifamily Innovation® Advisory Council

March 8, 2023 – Scottsdale, AZ — Multifamily Leadership is pleased to announce Ashley Lipp, Vice President of Residential Property Operations at Lloyd Companies, has joined the Multifamily Innovation® Advisory Council. This esteemed council is made up of industry leaders and innovators who come together to share their expertise and insights on the multifamily industry.

Lipp states, “I’m excited to join this group of multifamily professionals which has already proven to offer invaluable insight on the opportunities and challenges our industry faces. I have connected with several new colleagues and believe the networking opportunities this group offers will greatly benefit both my professional growth and Lloyd Companies as a whole.”

As a member of the council, Lipp will provide valuable insight and expertise in the multifamily industry, bringing her wealth of experience and knowledge to the table. Lipp leads the Residential Property Management team at Lloyd Companies, overseeing more than 8,500 multi-family units in the portfolio.

“Ashley is already a vital member of our Council, and we are thrilled to have her expertise and contributions to the industry,” said Chairman, Patrick Antrim. “We have no doubt that she will bring valuable insights and ideas to the Multifamily Innovation® Advisory Council.”

Lipp is passionate about helping others achieve their professional goals and development, and is dedicated to empowering her team at Lloyd Companies. In her role as Vice President, she guides the Residential Property Management team in all of their functions and leads the vision, operations, and training for the division.

In addition to her professional pursuits, Lipp is dedicated to her personal interests and enjoys spending time with family and friends, as well as playing competitive sports. She received her education from the University of South Dakota, where she studied Contemporary Media & Journalism. 

Council members enjoy access to weekly meetings, a private community, and an annual in-person summit, as well as the opportunity to share insights and learn from a diverse group of successful multifamily owners and operators. Membership is open to those who own or manage multifamily apartments with 1,500+ units under management.

“It’s not just about technology,” said Antrim. “It’s about the processes, leadership, and innovation required to make the business better. We are excited to continue supporting our members as they build and scale their businesses, and we welcome new members to join us in driving innovation in the multifamily industry.”

For more information about the Multifamily Innovation® Advisory Council, please visit https://multifamilyinnovation.com/multifamily-innovation-advisory-council/.

Media Contact:
Patrick Antrim
480-719-4409
patrick@multifamilyleadership.com

Source: Multifamily Leadership

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The Importance of Due Diligence for Apartment Building Owners and Operators

As an owner or operator of an apartment building, there are many important factors to consider when evaluating a potential acquisition. One often overlooked area is the property’s risk of storm damage and the importance of understanding its insurance claims history. This is where due diligence comes in, and why it’s crucial to have experts on your side.

Many buyers focus solely on the financials of a potential acquisition, but neglect to investigate the property’s insurance claims history. This can be a costly mistake, as storm damage can result in significant expenses that can eat into profits. However, by thoroughly examining the multifamily property’s claims history, owners and operators can identify unreported or uncovered claims that can provide the funds needed for capital improvements.

This is where having experts in your corner, such as our client WeatherShield, can be invaluable. These experts can help owners and operators navigate the complex world of insurance claims, ensuring that all claims are properly reported and that the maximum amount of funds are recovered.

“You would never want to go into an insurance claim on a high-dollar value property without an expert that understands damage identification. Someone who understands the insurance processes, the estimating, the evaluation, and how to handle large-scale commercial projects,” says Founder of WeatherShield, Marc Ness.

 

In addition to the potential for hidden capital improvement dollars, owners and operators need to be aware of the risk of storm damage to their property. This is especially important in areas prone to hurricanes, tornadoes, or other severe weather events. Understanding the property’s risk of storm damage and taking steps to mitigate that risk, such as reinforcing the building’s envelope or installing storm shutters, can help prevent damage and ensure that the property remains safe for its residents.

In the event that damage does occur, having experts on your side can be crucial in ensuring that the insurance claims process goes smoothly. This can be a complex and time-consuming process, but with the help of experts, owners and operators can recover the funds needed to make necessary repairs and improvements.

Due diligence is a critical part of the acquisition process for apartment building owners and operators. Understanding the property’s risk of storm damage and thoroughly examining its insurance claims history can help identify hidden capital improvement dollars and prevent costly surprises down the road. Additionally, having experts on your side can ensure that the insurance claims process goes smoothly, providing the funds needed to make necessary repairs and improvements. By prioritizing due diligence and partnering with experts, owners and operators can make informed decisions and protect their investments.

Connect with Marc Ness on LinkedIn: https://www.linkedin.com/in/marc-ness-101bbb7a/

Visit the WeatherShield Website for more information: https://weathershieldpro.com/

Proptech: The Multifamily Industry’s Secret Weapon to Economic Resiliency

In this episode of the Multifamily Innovation® Show, Patrick Antrim talks with Kyle Finney, Business Development Manager of Arize, to illustrate how smart tech can be leveraged affordably. And how, even in tight cost-cutting times, owners can fortify their portfolio by optimizing their operational efficiencies, maintaining strong retention and occupancy rates, and building more resilience into their assets. At the end of the day, Owners need to justify the expense and see the short-term and long-term value when cost-cutting.

Patrick and Kyle covered the following topics:

  • The current climate in the multifamily industry.
  • How and why proptech is the secret weapon to multifamily’s
    economic resiliency.
  • How proptech addresses operational efficiencies in multifamily.
  • What is centralized leasing and how it benefits owners and operators of multifamily assets.
  • How to implement these solutions while staying within budget.
  • Integrations and installations within existing multifamily properties.

Connect:
Kyle Finney – https://www.linkedin.com/in/kyle-finney/
Patrick Antrim – https://www.linkedin.com/in/patrickantrim/
Multifamily Innovation® – https://www.linkedin.com/company/multifamilyleadership/

Websites:
https://www.arizehub.com/
https://multifamilyinnovation.com/

The Multifamily Investment Secret They Don’t Want You to Know: The Hidden Storm Damage Threat

Do you know the biggest threat to your multifamily investments? It’s not a market crash or a natural disaster, it’s something much closer to home.

In this episode, Patrick is joined by Marc Ness, Founder of WeatherShield. Marc is a construction expert with 20 years of experience in the insurance industry, who will reveal the hidden storm damage threat that could cost you your investments and the secret to protecting them.

Marc is a seasoned expert in the property insurance claims and construction industry, with a background that spans over two decades. He grew up in central Iowa where he developed a love for construction and worked in lumber yards and construction companies before starting his own construction company while in college.

After working for one of the top 5 insurance carriers for almost 20 years, Marc went on to oversee operations for a commercial roofing company, where he saw first-hand the challenges that multifamily and commercial real estate investors face in their investment and asset management strategies. Marc recognized a gap and created WeatherShield, a company that helps investors and property managers avoid making costly mistakes related to storm damage.

Here are some of the topics covered in this episode:

  • Why multifamily investors and property managers seem lack awareness the resulting effects of storm damage.
  • What things need to be considered if someone thinks they have storm damage and are considering filing a claim.
  • The biggest opportunities being missed by multifamily investors.
  • Common mistakes real estate investors and property managers make when it comes to managing storm damage risk.
  • The importance for investors to have a thorough evaluation of their properties by someone trained in storm damage evaluations.
  • Overview of WeatherShield and it’s helping the industry, how to learn more and how to get in touch with Marc.

Make a Connection:
Marc Ness: https://www.linkedin.com/in/marc-ness-101bbb7a/
Patrick Antrim: https://www.linkedin.com/in/patrickantrim/
Multifamily® Innovation: https://www.linkedin.com/company/multifamilyleadership/

Websites:
https://weathershieldpro.com/
https://multifamilyinnovation.com/

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Multifamily Leadership Announces Launch of Multifamily Innovation® Awards

January 24, 2023 – Scottsdale, Arizona – Multifamily Leadership launches the Multifamily Innovation® Awards, a national industry awards program recognizing excellence in technology and innovation in the Multifamily apartment industry. The awards will be presented at the annual Multifamily Innovation® Summit, which also recognizes the Best Places to Work Multifamily® companies.

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Multifamily Innovation® Advisory Council Chairman Patrick Antrim to Attend CES 2023

Antrim has been selected as multifamily industry analyst to attend CES® 2023. He will receive access to Media Days which is an exclusive, media-only event that takes place in Las Vegas before CES opens to the tech industry.

January 2, 2023 - Scottsdale, AZ -- Patrick Antrim, Founder and CEO of Multifamily Leadership and Chairman of the Multifamily Innovation® Advisory Council, has been selected to attend CES 2023 as an industry analyst. Antrim will explore opportunities for the future of the multifamily industry at the exclusive CES Media Days event, which takes place on January 3rd and 4th in Las Vegas.

While at CES, Antrim will focus his attention on turning industry blind spots into breakthrough innovations through collaboration. He plans to meet with forward-thinking innovators to discuss the use of open integrations to advance technology adoption in the multifamily industry. Additionally, Antrim will work to attract investment capital to the industry in order to advance innovation through collaboration.

Media Days, which is open exclusively to CES media, gives access to press conferences and a preview of the products launching at CES® 2023. The event will feature top exhibitors in addition to showcasing new products and technologies. According to CES, “Kicking off major tech announcements, Media Days gives registered media access to news-breaking press conferences and CES Unveiled Las Vegas, a first-hand preview of the products launching at CES 2023.”

The multifamily industry plays a significant role in the US economy, with apartments and their residents contributing $3.4 trillion annually and supporting 17.5 million jobs. With growing demand for apartments, the industry must continue to innovate and find new development approaches to meet this demand. 

Antrim will bring the information and insights he gains at CES back to the Multifamily Innovation® Advisory Council, a private, invitation-only group that meets weekly to discuss real-world experiences with using technology in multifamily communities. Council members are free from vendor influences and sales pitches, allowing them to openly think through challenges and find solutions for their operations. The council also meets in person annually at the Multifamily Innovation® Summit.

Membership to the Multifamily Innovation® Council is by application only and is open to those who own or work for firms that own or manage a minimum of 1,500 apartment units. 

To learn about membership opportunities, visit MultifamilyInnovation.com.

Media Contact:
Patrick Antrim
media@multifamilyleadership.com
480-719-4409

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Multifamily Leadership Recognizes the Best Places to Work in Multifamily® for Women

December 20, 2022 – Scottsdale, AZ — Multifamily Leadership is thrilled to announce the national ranking of the Best Places to Work Multifamily® for Women. This list recognizes organizations that have created positive and supportive cultures for women and have participated in the Best Places to Work Multifamily® program.

To be eligible for the Best Places to Work Multifamily® for Women ranking, companies must have a minimum of 15 females working for them, or 25% of their workforce, whichever is greater. In addition, the response rate from women must be 40% or higher, unless the total number of women at the company is less than 25, in which case the response rate must be 80% or higher. The rankings are determined by the percentage of positive responses from women, from largest to smallest.

In its 8th year, the Best Places to Work Multifamily® program continues to fulfill its mission to advance leadership and innovation for multifamily professionals by recognizing those organizations who own, manage, and support apartment communities nationwide and who are making an impact in the world through employee engagement.

The rigorous assessment process evaluated each company’s employee policies and procedures as well as responses from the company’s employees. The program is part of a long-term initiative to encourage growth and excellence throughout the Multifamily Apartment Industry and to attract new leaders to the industry.

“We are proud to recognize and celebrate the companies that have earned a spot on this prestigious list. These organizations have demonstrated a commitment to creating positive and inclusive environments for their employees, and we are excited to see them being recognized for their efforts. The multifamily industry plays a vital role in the U.S. economy, and the Best Places to Work Multifamily® for Women program highlights the industry’s focus on people and its overall potential,” said Carrie Antrim, Co-Founder of Multifamily Women®.

This program is a valuable resource for employees in the multifamily industry, as it provides a platform for them to share their experiences and have their voices heard. It is not influenced by judges from suppliers or company volunteers, or by sponsorship or fundraising campaigns. Instead, it is a true representation of the opinions and perspectives of those working in the industry.

The 2023 Best Places to Work Multifamily® for Women, in ranking order, are:

1. NorthPoint Management
2. Zocalo Community Development
3. FCI Residential
4. Luves Management LLC DBA City Heights Asset Management LLC
5. ApartmentGeofencing.com
6. Perennial Properties
7. The Garrett Companies
8. Passco Companies
9. Peg Property Management Group
10. Stoa Group
11. Leonardo247, Inc.
12. APARTMENT SEO, LLC
13. Picerne Real Estate Group
14. Respage
15. The KSC Group
16. Scully Company
17. Eenhoorn, LLC
18. Weller Management
19. Knock CRM
20. Hankin Apartments
21. BSR REIT
22. RealSource Properties
23. Apartment Dynamics, LLC
24. SYNC Residential
25. RentDebt Automated Collections
26. Berger Rental Communities
27. PLK Communities
28. The Franklin Johnston Group
29. IMT Residential
29. The Westover Companies
30. Baron Properties
31. Rently
32. Presidium
33. GoldOller Real Estate Investments
34. ITEX
35. The REMM Group
36. Portico Property Management
37. Indus Communities
38. The Life Properties
39. Northland Investment Corporation
40. JVM Realty
41. Mission Rock Residential, LLC
42. Carter-Haston Real Estate Services, Inc.
43. The RADCO Companies
44. Alco Management, Inc.
45. Laramar Group
46. Marquis Asset Management
47. Security Properties Residential LLC
48. Ashford Communities
49. Zego
50. Avanti Residential
51. Lantower Residential
52. ResProp Management
52. WRH REALTY SERVICES, INC.
53. GrayCo Properties, LLC
54. Decron Properties
55. DASMEN Residential
56. Peak Properties
57. Lawson
58. Keener Management

Media Contact:
Patrick Antrim (480) 780-3522
contact@multifamilyleadership.com
Source: Multifamily Leadership, LLC

 

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Multifamily Innovation® Advisory Council Recognizes PropTech Entrepreneur Kerry W. Kirby with Inaugural Bootstrapper Award

PHOENIX, Dec. 13, 2022 — Patrick Antrim, Founder and CEO of Multifamily Leadership and Chairman of the Multifamily Innovation® Advisory Council, introduced a new award at the 2022 Multifamily Innovation® Summit held in Phoenix, Arizona on December 7-8, 2022. The first recipient of the Multifamily Innovation® Bootstrapper Award is Kerry W. Kirby, Founder and CEO of 365 Connect, a leading PropTech firm exclusively serving the multifamily housing industry.

two men in suits standing on a red carpet holding a crystal award
Kerry W. Kirby and Patrick Antrim on the red carpet at the Multifamily Innovation® Summit in Phoenix, Arizona

The Multifamily Innovation® Bootstrapper Award recognizes entrepreneurs who have built successful businesses without raising rounds of venture capital or relying on funding from external sources. The award celebrates those who have focused on creating great products and services that serve the needs of multifamily owners and operators, while providing ongoing support to their clients.

Prior to founding 365 Connect in 2003, Kerry developed and invested in apartment communities across the Southern United States. It was through his work as a developer that he saw the need to provide technology services that would bridge the gap between properties, prospects, and residents. A technologist at heart, Kerry holds 97 technology awards, founded the largest media site in the multifamily industry, and is the co-host of the longest running podcast series in our space. He serves on the Board of Advisors of Rainbow, a national nonprofit organization in the affordable housing industry and as Chair of Technology Initiatives for the Multifamily Innovation® Advisory Council. Kerry, and his wife Melinda, are fixtures in the philanthropic community, where they support several initiatives focused on educational, healthcare, and equality programs through their charitable foundation.

“We are thrilled to recognize Kerry for his contributions to the multifamily industry through his innovative achievements in technology,” said Patrick Antrim. “Kerry’s passion for technology and his dedication to improving the lives of renters through his work make him a deserving recipient of the first-ever Multifamily Innovation® Bootstrapper Award. This award celebrates the hard work and dedication of visionary entrepreneurs who build thriving businesses without relying on venture capital, and we are proud to recognize Kerry as a leader in this category.”

Kerry W. Kirby stated, “What an honor to receive this highly prestigious inaugural award from an organization that truly focuses on innovation in our industry. With over 43 million Americans calling a rental apartment their home, we have remained focused on reimagining workflows that will better serve renters and eliminate redundant tasks, while not being distracted by outside funding. I am proud to be an integral part of our industry and humbled to be recognized by my industry peers.”

To learn more about the Multifamily Innovation® Summit and the Multifamily Innovation® Bootstrapper Award, visit MultifamilyInnovation.com.

ABOUT THE MULTIFAMILY INNOVATION® SUMMIT: The Multifamily Innovation® Summit is a premier industry event with notable, thought-provoking speakers, informal peer-to-peer discussions, and unparalleled educational content. The two-day summit focuses on managing the apartment of the future, shifting paradigms in digital leasing, and the power of leveraging people as a competitive advantage. For more information visit MultifamilyInnovation.com

MEDIA CONTACTS
Media Relations
350526@email4pr.com
480-780-2611

SOURCE Multifamily Leadership

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National Best Places to Work Multifamily®: 2023 Official Ranking Announced

Multifamily Leadership has announced the official ranking for the National Best Places to Work Multifamily® for 2023

SCOTTSDALE, Ariz., Dec. 9, 2022 /PRNewswire/ — Multifamily Leadership announced the official ranking for the 2023 Best Places to Work Multifamily® Program. Listmakers found out how they ranked at the Multifamily Innovation® Summit in Phoenix, AZ featuring the Multifamily Innovation® Showcase, remarks from top CEOs and Executives, red carpet photos, high-energy music, and an incredible evening of celebration.

In addition to attendees from the ranking top multifamily companies, there were hundreds of multifamily owners and operators who attended to better understand what these organizations are doing in order to have received this honored designation.

The Multifamily Industry, serving apartments and their residents, contributes more than $3.4 trillion to the economy annually, supporting more than 17.5 million jobs. Not only do apartment homes drive jobs that strengthen local communities, individuals and families also realize the value of renting as a smart choice in today’s economy.

As CEOs and executive teams create culture and innovation around the resident experience, employee engagement is seen as a key driver to meet multiple challenges. The Best Places to Work Multifamily® program recognizes those companies that have established and consistently fostered outstanding workplace environments often acknowledging that employees can be a company’s strongest and most valuable asset.

The rigorous assessment process evaluated each company’s employee policies and procedures as well as responses from the company’s employees. The program is part of a long-term initiative to encourage growth and excellence throughout the Multifamily Apartment Industry and to attract new leaders to the industry.

Patrick Antrim, Founder and CEO of Multifamily Leadership says, “If you want to know if it’s a great place to work, you ask the people who work there. Next-generation leaders want to know their company is making a positive impact on the world. They want to know the vision and mission of the organization and that the leaders of the organization are going to drive that mission and vision.”

The program also helps companies who want to improve their business. Whether or not they make the list, an “Insights Report” is presented to each participating company. This report summarizes employee engagement and satisfaction data, the “Multifamily Leadership Benchmark Report,” and the transcript of employee written comments. It is then used by many organizations to make significant improvements in their workplace culture.

The business environment of the 21st century is characterized not just by competition and ever-increasing technologies, but also by a heightened appreciation for the quality of the workplace. In a world of continuously shrinking margins and challenges attracting a next-generation workforce, a progressive leadership strategy is critical to creating and sustaining a competitive advantage. One measure of such strategies is the quality of the workplace experience. Indeed, the enhanced awareness of the importance of creating great workplaces is evidenced by the growing body of literature regarding workplace excellence.

Nationally Ranked 2023 Best Places to Work Multifamily®, in order by category:

Management/Owners Under 5,000 Units

  1. NorthPoint Management
  2. Frankforter Group
  3. FCI Residential
  4. Redwood Property Investors, LLC
  5. Stoa Group
  6. Luves Management LLC DBA City Heights Asset Management LLC
  7. Baron Properties
  8. The Garrett Companies
  9. Hankin Apartments
  10. The RADCO Companies
  11. StoneRiver Company
  12. Croatan Investments
  13. Confluence Communities
  14. Apartment Dynamics
  15. Zocalo Community Development
  16. Perennial Properties
  17. CHARLESGATE
  18. Marquis Asset Management
  19. The Prime Company
  20. Peg Property Management Group
  21. Ginsburg Development Companies
  22. O’Brien Realty Group
  23. Lawson
  24. Keener Management

Management/Owners 5,000 – 20,000 Units

  1. Scully Company
  2. RealSource Properties
  3. The Bascom Group
  4. Eenhoorn, LLC
  5. Picerne Real Estate Group
  6. The Franklin Johnston Group
  7. Continental Properties
  8. Weller Management
  9. The REMM Group
  10. PLK Communities
  11. GoldOller Real Estate Investments
  12. ITEX
  13. Presidium
  14. Passco Companies
  15. Peak Properties
  16. Indus Communities
  17. IMT Residential
  18. JVM Realty
  19. The Life Properties
  20. Alco Management, Inc.
  21. Chestnut Hill Realty
  22. BSR REIT
  23. SYNC Residential
  24. Berger Rental Communities
  25. The Westover Companies
  26. Carter-Haston Real Estate Services, Inc.
  27. Lantower Residential
  28. Laramar Group
  29. LURIN Property Management
  30. Decron Properties
  31. DASMEN Residential
  32. GrayCo Properties, LLC
  33. Portico Property Management
  34. WRH Realty Services, Inc.
  35. ResProp Management
  36. Ashford Communities
  37. Avanti Residential

Management/Owners 20,000+ Units

  1. Fogelman Properties
  2. Gables Residential
  3. Mission Rock Residential, LLC
  4. Valiant Residential
  5. Northland Investment Corporation
  6. Morgan Properties
  7. Security Properties Residential

Suppliers/Vendors

  1. ApartmentGeofencing.com
  2. Poole & Poole Architecture, LLC
  3. Leonardo247, Inc.
  4. Knock CRM
  5. The KSC Group
  6. RentDebt Automated Collections
  7. Respage
  8. REPLI
  9. Domuso
  10. Rently
  11. LoanBoss
  12. Apartment SEO, LLC
  13. Zego
  14. MRI Software
  15. WeDoTrash

For more information about, and to register for, the Best Places to Work Multifamily® program, go to www.multifamilyleadership.com

Media Contact:
Patrick Antrim
contact@muiltifamilyleadership.com
480-719-4409

Meet the Sponsors Series – RealPage Smart Building

Multifamily Leadership, is an events, news, and media platform. It’s where Multifamily Innovation, technology, Investments, and Leaders converge. As part of our Multifamily Innovation® Summit, we share time with innovative brands as part of our “Meet the Sponsors” series that showcases those brands that are supporting the platform to advance technology, innovation, leadership, and investments.

Be sure to register for the Multifamily Innovation® Summit at multifamilyinnovation.com

Today Patrick shares time with Mark Schmulen who is now the General Manager at RealPage SmartBuilding, but was the Co-Founder and CEO of Chirp Systems, a company acquired by RealPage.

In this episode, Patrick and Mark discuss:

  • What is RealPage Smart Building and how is it making life better for apartment owners and operators?
  • Mark shares how brands like Stratis, Chirp Systems, and RealPage come together while remaining focused on delivering great value to apartment property staff and management in a seamless manner.
  • Mark discusses how he Co-Founded Chirp Systems and what the process was like for them as they worked closely with Camden Property Trust to develop the product, which ultimately led to the acquisition by RealPage.
  • Patrick and Mark talk about how smart apartment homes and smart multifamily buildings are becoming less of an amenity and more of a necessity, and what RealPage Smart Building is doing to centralize building management and automation.
  • Mark is excited about their apartment retrofit solutions and talks about the new innovations that are allowing operators to get more creative and find ways to realize cost savings, staff productivity, and operational efficiencies.

Connect with Mark on LinkedIn at: https://www.linkedin.com/in/markschmulen/
Connect with Patrick on LinkedIn at: https://www.linkedin.com/in/patrickantrim/
Register for the Multifamily Innovation® Summit: https://multifamilyinnovation.com/