The multifamily housing industry is built on a foundation of leadership, collaboration, and commitment—values that continue to define its strength and direction. As we stand at a pivotal point of transition and opportunity, the road ahead calls us to elevate our purpose, reinforce our... Continue Reading
The Apartment Association of Metro Denver (AAMD) proudly celebrated the outstanding contributions of its members at the June Awards Ceremony. The evening honored individuals who exemplify the values of service, leadership, education, advocacy, and community engagement. Below is a recap of our... Continue Reading
I can’t believe it has already been a year since I wrote my first incoming President’s article for Trends and delivered my installation speech at June Awards. I recently heard this statement from a good friend who said that whatever age you are in life translates to “the... Continue Reading
The First Regular Session of Colorado's 75th General Assembly concluded on May 7, 2025, marking the end of a busy 120-day legislative cycle. Legislators introduced 657 bills this year, slightly fewer than the 706 in 2024, but the impact was no less significant. For the Colorado Apartment... Continue Reading
At the 2025 Maintenance Maina on April 9, Executive Vice President Mark Williams announced a new annual award. The “Schell Cup” was named in honor of Ed Schell, long time Committee Chair and visionary of the Maintenance Mania program. “We are so honored to celebrate this truly... Continue Reading
Choosing a team is like choosing your circle of friends. Every group has a unique energy that makes them special. While friendships can come naturally at first, they take work to maintain, develop, and evolve—just like building a successful team. It’s not just about hiring the right... Continue Reading
In a sea of apartment ads and email campaigns, today’s renters are no longer impressed by broad-stroke marketing. They want to feel seen, understood, and catered to. And with the ever-expanding capabilities of data-driven tools, multifamily brands now have the opportunity to speak directly... Continue Reading
Maintaining a safe and healthy living environment in apartment buildings requires proactive management of environmental hazards. Issues such as asbestos, lead paint, mold, andmethamphetamine contamination can pose serious health risks to residents and financial liabilities for property owners.... Continue Reading
Sales can be a highly competitive market, regardless of what you're selling. I firmly believe in the power of networking. In my 15 years of experience in Multi-family on the property level has provided me with valuable insight and an expansive network. Cultivating your network and establishing a... Continue Reading
Move over winter, spring, summer and fall — in multifamily, the real seasons are budget season and peak leasing season. The latter, spanning from Memorial Day to Labor Day, is a three-month sprint that accounts for 70% of annual moves across the U.S. For operators, it’s a... Continue Reading
Colorado landlords who are not adequately informed about the state’s complex regulatory landscape face significant challenges and potential liability. Tenant Advocacy Groups (TAGs) began imposing new regulations on landlords when they gained control of the Colorado General Assembly. Since... Continue Reading
In an industry as dynamic as multifamily housing, success isn’t just about knowing the market—it’s about continuously evolving. Whether you’re leasing your first unit, managing multiple properties, or leading a company, the best in this industry share one trait: intentional... Continue Reading
Property management can feel like juggling flaming torches while riding a unicycle. Residents have urgent requests, vendors miss deadlines, and unexpected challenges pop up daily. In these moments, your inner voice can either help you stay steady, or knock you right off balance. A mental skill... Continue Reading
Alright, leasing pros, cue the dramatic music, because renewal season is here! The stage is set, the stakes are high, and the big question is: Who will accept the renewal rose and stay for another lease term? Listen, I’ve been in the trenches. Back when I was working onsite as a leasing... Continue Reading
Change is the only constant in life, and in property management, we know this all too well. Today, however, we are navigating an unprecedented pace of evolution driven by market shifts, centralization, and artificial intelligence. Adapting has always been our strength, but now, the scale of change... Continue Reading
Team culture functions exactly like an ecosystem. As a manager, you directly influence the type of ecosystem you create. Multifamily leadership is hard. And what makes it harder is that leaders aren’t given a clear framework to develop and sustain an ideal team culture. But through trial... Continue Reading
Now celebrating it's 25th year, AAMD's Maintenance celebration event (called "Maintenance Olympics" for the first 15 years), has grown from 60 attendees to over 1,500. This year's anniversary event will take place on April 9, and it is interesting to reflect on the origins and development of what... Continue Reading
Ryan Leak is a dynamic speaker, best-selling author, and strategic advisor renowned for his ability to inspire and transform individuals and organizations. As the CEO of a leadership development firm based in Dallas, Ryan and his team train over 30,000 leaders annually — from Fortune 500... Continue Reading
With the upcoming Education Conference and Trade Show, we’ve been hearing the phrase ‘Level Up’ a lot! It got me thinking—what does it really mean to ‘Level Up,’ and how can we apply it in ways that make a real impact? Whether it’s in our communities,... Continue Reading
FreshLo Hub 12444 East Albrook Drive, Denver Income Restrictions: 7 units at 30%, 17 units at 50%, 55 units at 60%, and 18 units at 70% of area median income. Located in the heart of the Montbello neighborhood, just half a mile north of I-70, the Montbello Organizing Committee has launched the... Continue Reading
In the multifamily industry, where operational efficiency, tenant satisfaction, and crisis management are critical, resilience is key. However, like many sectors, the multifamily industry is often under pressure—whether from fluctuating market conditions, staffing shortages, or the... Continue Reading
As AAMD’s first major event of 2025, the EconXchange conference brought together over 350members, industry experts, and economists for a day of networking and insights into navigating the challenges of the evolving economic landscape. Attendees received a full vacancy and rent report,... Continue Reading
In 2025, innovative technologies and shifting consumer behaviors are reshaping how multifamily properties approach marketing. Staying ahead of these trends can give properties a competitive edge in a saturated market. Here are the key digital marketing trends multifamily professionals... Continue Reading
In a world where first impressions can shape opportunities, your personal brand is more than just a professional asset—it’s a reflection of your essence, values, and how you show up for yourself and others. Whether you’re advancing your career, pursuing personal goals, or... Continue Reading
What made a kid popular in school? This seemingly simple question was the focus of a fascinating study, and I recently posed it to a couple of people to see their responses. The answers I received were mostly predictable: "They were good-looking," "They played sports," or "They had money."... Continue Reading
Among the most universally agreed-upon approaches for increasing rental housing affordability is increasing rental housing supply. A recent study by CoStar underscores this point: in American cities where rental housing supply increased by 3% in a given year, average rents fell by 2-3%.... Continue Reading
What’s the first thought that comes to mind when you hear the word network? Is it, excitement that you get to go meet new people? Panic that it’s going to be another awkward experience where you hide against the wall trying to not talk to anyone? Or is it more nerdy, like cables... Continue Reading
CLICK HERE FOR PHOTO ALBUM! Our 25th Anniversary Chili Cook Off brought the heat, and it was nothing short of chili-bration! This year’s theme, A World of Chili, took our taste buds on a traveling trip around the Redi Carpet Warehouse, with samples of chili full of international... Continue Reading
Rent has increased on average 1.1% annually over the past two years Continue Reading
At AMLI Residential, one of the most anticipated events of the year is the AAMD Chili Cook-Off. This time-honored tradition has become much more than just a fun competition; it’s a celebration of community, creativity, and camaraderie among our teams. For us at AMLI, theChili Cook-Off is... Continue Reading
The Ives 4470 Wadsworth Boulevard, Wheat Ridge Income Restrictions: 25 units have Project Based Vouchers (PBV) and are restricted to 30% to 50% Area Median Income (AMI). The remaining 25 units are restricted to 60% AMI. Located along Wadsworth Boulevard, one of the main thoroughfares in... Continue Reading
Whether you are large or small, seasoned or new, those with an in-house maintenance team know it is a critical component to the backbone of your multifamily operation. Sound maintenance will positively impact building upkeep, resident retention and satisfaction, cash flow, and overall asset... Continue Reading
The reputation of multifamily properties depends significantly on their online presence. Prospective residents increasingly rely on online reviews and Google Business Profiles to make informed decisions. Streamlining online reviews and maximizing your Google Business Profile is essential for... Continue Reading
There’s a growing misconception that large residential property management companies charge above market-rate rent by using computerized pricing algorithms. This claim is the basis of both a highly publicized class action lawsuit and a US Department of Justice probe/ PR campaign. The... Continue Reading
The ever changing legal landscape for property owners and property managers underwent a major shift in 2024. There were more proposed bills in 2024 impacting property management than gun control. It can be difficult to sort through all of the noise of the session, so the goal here is to make you... Continue Reading
Effectively establishing an on-site presence at small-to-mid size multifamily assets can pose challenges for investors and operators alike. If you are a self-manager, it can be difficult to visit your property often enough to keep tabs on what is going on day-to-day. Resident issues come up,... Continue Reading
Congratulations to Hannah Thomas with Greystar, our 2023-2024 Ambassador of the Year! The AAMD Ambassadors play such an important role by welcoming new members into the organization. They educate new members how to best utilize their AAMD investment. They support new members at our many events,... Continue Reading
AAMD celebrated a momentous occasion recently as it bid farewell to Susan Lind, a dedicated industry leader, upon her retirement. Recognizing Lind’s significant contributions to AAMD and the broader community, members expressed gratitude for her years of service and commitment. In... Continue Reading
It is the Association’s greatest asset to have the dedication and loyalty of its members. Silver Membership Awards At this year's June Awards, we were able to acknowledge 9 Companies who are celebrating their 25th Year of Membership with AAMD! Apartments.com with special... Continue Reading
Jack Luscombe "Pay It Forward" Award Congratulations to Lynett Brockman as the 2024 Jack Luscombe Award Recipient! Since 2001, we have been honoring individuals who have demonstrated giving back to their community and reaching out to people in need In Jack Luscombe’s honor. At June... Continue Reading
When you think about character, what comes to mind? Honesty, trustworthiness, loyalty, integrity, reliability, fairness, responsibility. Character is something we admire and strive to have and we all have that one special person: a family member, a friend, a business associate that we admire and... Continue Reading
By Alphonse Keasley In 2015, a report from McKinsey & Company found when an organization is run by a diverse management team, they experienced 35% more in financial returns above their industry mean. Additional studies on the impact of diverse management and teams over the last decade have... Continue Reading
By Ashley Tyndall Creating fresh, engaging content for your apartment community's social media channels, website, and resident newsletter can feel like a never-ending cycle. New ideas are constantly needed to capture attention and keep residents engaged. But what if you could create content... Continue Reading
By Jacob Kosior The push towards centralization represents a transformative shift in the housing industry on how services are delivered to both property owners and residents. It’s one more way property management is evolving in today’s rapidly transforming landscape. By leveraging... Continue Reading
Someone called me the “Ryan Seacrest” of Property Management the other day and I had to chuckle and agree with them. I have worked in so many different roles with so many different companies over my now 25-year career in the multi-family industry. Roles in Operations, Training,... Continue Reading
By Amie Robertshaw, AAMD President (2023-24) The warm June air has started to settle into Denver, and with that, the transition of another AAMD fiscal year is officially upon us.Over the course of the last few years, we’ve talked a lot of about the changing headwinds of our industry. It... Continue Reading
The Leading with Purpose: Education Summit 2024 kicked off with fervor on Friday, May 3rd at The Pines at Genesee, drawing industry leaders eager to enhance their leadership skills and gain valuable insights from seasoned experts. The summit, renowned for its focus on professional growth and... Continue Reading
A record number of bills were proposed in the Colorado Legislature this year. Of the 705 bills introduced this session, the Colorado Apartment Association (CAA) identified more than a dozen that would have been harmful to rental housing providers. CAA and its lobbyist team HBS minimized the... Continue Reading
At the Education Conference and Trade Show on May 14, AAMD President Amie Robertshaw announced the Finalists for Person of the Year. See the announcement video, or see the finalists by expanding the option below the video. The Person of the Year will be announced at June Awards on June 27 at... Continue Reading
Gone are the days when resort style pools and fitness centers were the sole selling pointsfor apartments. Today's residents crave amenities and a sense of belonging and connection. This desire for community thrives despite evolving needs, and forward-thinking propertymanagers are rising to the... Continue Reading
In March of 2023, after evaluating the devastating impact of poorly thought-out energy regulations coming out of the State and City of Denver, the Apartment Association took bold action. We began the process of educating members about the billions of dollars in costs associated with... Continue Reading
AVRA at RidgeGate Station 10900 High Note Avenue, Lone Tree Located within the RidgeGate master planned community in Lone Tree, Colorado, Regency Partners opened their newest mixed-use community, AVRA at RidgeGate Station. Greystar Management welcomed their first residents in October of 2023.... Continue Reading
The Online Renter Study published in January 2024 by SatisFacts Research provides unbiased, raw data directly from renters on a range of topics impacting the multifamily industry. One topic from the study that plays a significant role in a renter’s decision to contact or tour a... Continue Reading
In times of uncertainty and change, strong leadership is more crucial than ever. As we navigate through turbulent waters, leaders must rise to the occasion, guiding their teams with confidence and resilience. But what does it take to become a change catalyst in today's dynamic world? Enter... Continue Reading
From Predictive Maintenance to Personalized Experiences, Discover the Impact of A.I. on Apartment Living As the application of Artificial Intelligence (AI) becomes more common, it will continue totransform the way we live, work, and interact. While this may sound alarming, there are... Continue Reading
With so many services now classifying themselves as AI (Artificial intelligence), it's hard to tell whether or not they're actually based in tech or just using a catchy buzzword to distract us from the wizards behind the curtain. Here are six common misconceptions about A.I. and its potential... Continue Reading
It’s not that sexy, but it is required. With all the different compliance companies out there may at times seem very overwhelming. Do you recognize these names Yardi, RMIS, RealPage (aka compliance depot), Vendor-café, Vendor Depot, and the lists will continue to go on! These... Continue Reading
The customer experience (CX) journey, from initial tour to move-out, directly impacts the bottom line. In an era of unprecedented unit deliveries, enticing amenities, and economic challenges, creating exceptional CX is nonnegotiable. The story of Joshie the Giraffe at Ritz-Carlton serves as... Continue Reading
In response to the sweeping energy regulations introduced by the city and county of Denver, the Apartment Association of Metro Denver (AAMD) and Colorado Apartment Association (CAA) have taken proactive steps to navigate the challenges posed by the Energize Denver program. These FAQs are... Continue Reading
We are in the dead of winter, and many properties are using ice melt products. Here are some thoughts that will hopefully help select the best ice melt product for your property. Ice melt products do two things, provide traction, and melt ice. Any product will provide traction just by being... Continue Reading
Multifamily marketing is rapidly transforming, and social media stands at its core, pivotal in attracting and engaging residents. It's no secret that your residents are active across various online platforms. With the shift in marketing dynamics towards digital spaces, crafting a social media... Continue Reading
For the past five years, I've had the honor of deeply engaging with the Apartment Association of Metro Denver. Unlike some associations that primarily focus on social events, AAMD is dedicated to driving impact and value by fostering relationships, providing education, taking legislative action,... Continue Reading
Last month at NAA’s Assembly of Delegates, long time AAMD Leader and Hall of Fame member Ed Schell was installed as the Secretary of the National Supplier’s Council. Ed has been involved with NAA through committees and the National Supplier’s Council for approximately 10 years,... Continue Reading
Teo Nicolais was recently named the 2023 Certified Property Manager (CPM) of the Year by the Institute of Real Estate Management (IREM) Greater Denver for his work on Academic Engagement. Teo represented the property management industry at events at the University of Denver, served as a... Continue Reading
This is a big question! We think it needs to start with perception. Homelessness needs to be understood as a problem driven by a lack of access to housing. It is a market failure. People are forced out of stable housing or are unable to access it when housing markets don’t provide... Continue Reading
It's the new year - ready or not! The snow is falling, the holiday lights are coming down and if you work in our business... the slower leasing season has arrived (which can feel like our stockings got filled with coal). BAH HUMBUG! Generally, in these cold months of December and January, we feel... Continue Reading
This past summer, millions of people added the term “Atmospheric River,” to their meteorological lexicon. Just one of these flowing columns of condensed water vapor, gliding 10,000 feet overhead and extending over 2,000 miles long, can have an average flow rate 15 times greater... Continue Reading
It would be a safe bet to say that most real estate professionals, especially those of us who work in housing, are aware of the City and County of Denver’s (Denver’s) current inclusionary housing ordinance, know as “Expanding Housing Affordability” (EHA). According to... Continue Reading
Six-time Olympic gold medal champion swimmer Amy Van Dyken made history as the most successful athlete at the ’96 Summer Olympics in Atlanta, Georgia, becoming the first American female athlete to win four gold medals in a single Olympic games. But after a devastating ATV accident in 2014,... Continue Reading
Starting Jan. 1, 2024, covered building owners must have implemented the energy efficiency measures necessary to meet their first interim building performance standard requirement. The new year brings with it new legal expectations from the city and county of Denver that require all... Continue Reading
As you’re probably aware by now, the State of Colorado and the City of Denver through erroneous regulations and benchmarking are effectively outlawing natural gas in buildings over 50,000 square feet (State) and 25,000 square feet (Denver). This will impact an estimated 8,000 buildings in... Continue Reading
Congratulations to Angel Davila of Monarch Investments, for being recognized as an NAA Maintenance Legend earlier this year. Angel Davila began his career 19 years ago as a groundskeeper and most recently shifted from being a national maintenance trainer to a maintenance rover for the state of... Continue Reading
Monthly rent payments are more than just a transaction between a resident and a rental housing provider. It's a pivotal contribution to the American economy, community growth and the backbone of the rental housing industry. Rent payments directly support 17.5 million jobs. They also finance local... Continue Reading
Like many AAMD Members, Santee Metal Works owners Tonya and Travis Storovich bring a unique approach and perspective to being inclusive in the industry. How do you define inclusion & diversity? Embracing all persons to better our company, our work environment, and keeping an inclusive... Continue Reading
Going Beyond Proptech, Owner-operators are Upgrading Resident-facing Systems and Devices The pandemic helped usher in virtual tours, contactless leasing and software galore, but emerging technology and a flood of federal funding is changing the multifamily game again. Outdoor televisions, apps... Continue Reading
Once upon a time, there used to be a saying in the 20th century that went like this: Any press is good press. Any publicity is good publicity. The genie is out of the proverbial bottle. The toothpaste is out of the tube. Here in the 21st century, things are NEVER going back to the way they... Continue Reading
Kit Baker Carr, Executive Director for Entryway Denver, speaks at a recent Housing Summit When we can marry helping people philanthropically and helping people through our business goals it’s a win win proposition. Over the past few months AAMD has launched new partnerships with... Continue Reading
Balancing New Technology with Basic Principles As Multifamily Living is Reimagined In an era dominated by technological advancements and digital transformation, the phrase "Back to the Basics" has emerged as a rallying cry within the multifamily housing industry. This movement reflects a growing... Continue Reading
Organization focused on reducing situational homelessness names Kit Baker-Carr as Executive Director and selects City Advisory Board; AAMD donates $20,000 to launch the organization Continue Reading
One of the biggest misconceptions we come across in our workplace research is the idea that employees have to earn the trust of their managers. If you are a leader who still views loyalty this way, it’s time to flip your script. Because you can’t expect trust if you haven’t... Continue Reading
The era of print ads, flyers, and "Leasing Now" banners is drawing to a close. To engage with your target residents effectively, it's crucial to begin transitioning to digital marketing methods. Digital content that is well-crafted can lead your target resident from being just a lead to becoming a... Continue Reading
Amie Robertshaw delivered incredible leadership and accomplishments over the last year and left some big shoes to fill. AAMD will continue to focus on building on those accomplishments. I would like to thank the board of directors, committee chairs, vice chairs, members and supplier partners for... Continue Reading
As of January 2023, there were 40,000 new multi-family units under construction, with 20% to 30% of those units coming onto the market in 2023. To stay competitive, property owners and managers of older multi-family communities need to seek unique methods for attracting tenants, especially if... Continue Reading
Each year the Apartment Association recognizes someone as the “Person of the Year.” Here is a brief look at the finalists for this award. CARY BRUTEIG | Apartment Insights In the past year, when the researcher of AAMD's 40-year-old Vacancy and Rent report retired, Cary stepped up... Continue Reading
Expand for Table of Contents (QuickLinks) Table of Contents Most Outstanding Leasing Experience Most Captivating Amenity Experience Most Impactful Community Renovation Most Innovative Resident Lifestyle Experience Most Outstanding Executive Most Outstanding Regional Management... Continue Reading
AAMD is thrilled to announce the induction of Jim Lorenzen to the AAMD Hall of Fame! Jim has been a highly involved and impactful AAMD Member since 1991. His support for the Association has been primarily targeted within the critical area of Government Affairs where he has been a consistent and... Continue Reading
It is with a heavy heart that we share the news that Debbie Wilson passed away last weekend (May 5, 2023). Debbie’s extensive involvement and deep contributions with the Apartment Association were absolutely incredible. She was a fundamental part of everything we stand for through... Continue Reading
Last year, Dictionary.com selected “woman” as its word of the year for 2022. There were manywomen who set great milestones. Ketanji Brown Jackson became the first black woman Supreme Court justice and Laurie Leshin became the first female to lead JPL (leading USA’s first... Continue Reading
Recently the Metro Denver apartment market surpassed 400,000 apartment homes! This landmark gives us the opportunity to take a look back at the history of Denver’s housing development, a look forward to what’s next, a close look at who’s building in Denver, and an evaluation of... Continue Reading
Most of us must have heard the term "Jack of All Trades" at some point in our careers. However, it is essential to note that the abbreviated version of the phrase can be perceived as offensive. In reality, the original phrase was attributed to none other than William Shakespeare himself. The... Continue Reading
This week, the Apartment Association of Metro Denver (AAMD) released the 2023 First Quarter Vacancy & Rent Report for Metro Denver. The average vacancies and apartment rents remained very flat for the first quarter of 2023. Vacancies remained at 5.6%, the exact same as last quarter. Rents... Continue Reading
The 2023 Colorado Maintenance Mania was a fantastic success! A record 1,858 Maintenance Professionals and Supplier Partners and sponsors gathered and enjoyed a day of celebrating maintenance through education, networking and competitions! Thank you to HD Supply and RediCarpet for your... Continue Reading
What’s your favorite sports moment? Whether you grew up playing or simply watching, most of us can think of an iconic moment in sports history that is etched in our minds forever! Whether it’s the thrill of watching our team navigate the drama of pulling out the last-second victory, or... Continue Reading
Most apartment marketers have kept their focus on millennials and Generation Z. However, if your apartment caters to the senior living environment, you could be wasting your money and effort by marketing on the wrong platforms. When it comes to marketing to different generations, it's important... Continue Reading
High housing prices and rents are the result of a supply demand imbalance. If you don’t believe that, consider the recent well publicized case of egg prices. In this case, the chicken really did come first, and legislators are egging housing providers. Egg suppliers were forced to reduce... Continue Reading
For just $365/year, Enhanced Branding on the AAMD website and mobile app bring capabilities for Supplier Partners to further showcase their company, products and services. The following Enhanced Branding options will help your listing stand out in AAMDs Supplier Partners Guide and can be updated... Continue Reading
From December 2022 to February 2023, the National Apartment Association (NAA) commissioned ndp | analytics to conduct interviews with housing providers and developers from three different markets impacted by rent control policies and proposals: St. Paul, Minn; Santa Ana/Santa Barbara; Calif; and... Continue Reading
AAMD Members can now post Open Positions for Free on ProApartments.com Continue Reading
I started running when I was 4 years old. Running is big part of who I am and has influenced me in many ways and it continues to do so. People will ask, “Why do you do that? That looks like no fun.” While others understand the pull of that early morning run that drags you out of... Continue Reading
How your customers have emerged as a creeping threat to your business Almost overnight, fraud has become a pervasive – and even celebrated – part of our daily lives. Just look at Netflix's new game show, appropriately titled "Bullsh*t," hosted by Howie Mandell. On the program,... Continue Reading
The multifamily marketing landscapes ever-evolving, and it’s essential to understand the current digital marketing trends to remain competitive. In 2023, multifamily marketers should be aware of key trends likely to shape their strategies. Digital marketing trends that apartment... Continue Reading
What Stephen R. Covey, Varsity Blues, and Punk Rock taught me about managing apartments. As every Broncos fan has experienced for the past seven seasons, I am sitting here in football misery knowing that my team is not going to a play-off game, let alone winning a championship any time soon.... Continue Reading
"IT’S NOT ABOUT BEING THE BEST IN THE WORLD…IT'S ABOUT BEING THE BEST FOR THE WORLD." A Professional Drummer for over 20 years, CLINT PULVER played with top headlining fellow musicians in venues like the Vivint Arena, the Stadium of Fire, and the Kodak Theater in Hollywood. In... Continue Reading
What does 2023 have in store for Gen Z job seekers? If it’s anything like 2022, change is guaranteed. We have entered a year defined by record inflation, economic uncertainty, hybrid workplaces, and the influx of Gen Z — the largest generation to enter the workforce. Considering... Continue Reading
Natural elements cause extensive damage to buildings. Due to the Colorado climate, we experience all of the most common damaging weather elements that property owners and managers need to plan for as they typically have an immediate impact on the condition of a property. Water and freezing... Continue Reading
On Thursday, January 19th, approximately 75 AAMD members gathered at the Jefferson County Fairgrounds for an all-new addition to the POWER Program. Focusing on both personal and professional wellness, Be Your Own G.O.A.T. (Greatest of All Time) was the first AAMD event of its kind, opening... Continue Reading
In response to the Colorado State House introducing bill HB23-1115, which would allow municipalities to enact rent control to the detriment of their communities, Drew Hamrick, general counsel and senior VP of government affairs, of the Colorado Apartment Association issued the following... Continue Reading
This week, the Apartment Association of Metro Denver (AAMD) released the 2022 Fourth Quarter Vacancy & Rent Report for Metro Denver. The average apartment rent went down $32 from the 3rd quarter, which amounts to an extra $384 of savings per year in the pockets of Denver area renters –... Continue Reading
Staff turnover was already a major issue in the multifamily industry before the pandemic. According to the National Apartment Association, after rising steadily since 2010, the average turnover rate at apartment firms reached 33% in 2019, far above the 22% average for all workplaces at the... Continue Reading
AAMD joins the Denver multifamily industry in congratulating Mary Oldenburg on her retirement! The moment Mary began her career in Denver, she immediately became involved with the Apartment Association, chairing nearly every committee at one time, and serving as the National Apartment... Continue Reading
The right mentor at the right moment can change the trajectory of a life! When an individual has the desire and the will to get to the next level, it’s a mentor that can step in to light the path and show them the way. Do you remember the first time that someone closed a door in... Continue Reading
Did you know it costs $3,976 to replace one of your residents when they don’t renew their lease? Zego found the average turnover costs to include: Lost rents: $1,598 Unit repair costs: $775 Concessions: $1,240 Marketing and advertising: $364 As a multifamily professional, you know that... Continue Reading
Practical Initiatives to Get Started On Here are four practical ideas to implement change that has a staying, powerful and longterm impact at your company: 1. Review Company Materials Your handbook, onboarding policies, websites/digital media, career development, hiring practices -... Continue Reading
Congratulations to the finalists and winners of our 2022 Chili Cookoff! It was great to be back in person and INSIDE RediCarpet's warehouse as usual. Thanks to Redi for being our amazing host sponsors for so many years! Check out Pictures from the Event! People's Choice Awards: ... Continue Reading
Cardinal launched it’s DEI Council in the Summer of 2020. The purpose of the council is to ensure that all team members can bring their best true selves to work each day. The council seeks to empower each team member while elevating their voice in the future trajectory of the company... Continue Reading
It is hard to imagine, yet, here we are, days are shorter, and it is noticeably cooler. Winter is right around the corner. Here are a few quick tips to help you, your community, and your residents prepare for the upcoming heating season. Heating System Inspections. We have all heard the idiom;... Continue Reading
For the first five years of my career, I worked in student housing in Gainesville, Florida. Partly because I was young in my career and partly because Gainesville is a small town, I really had no idea how big the industry was that I was working in. It wasn’t until I moved to Denver in 2007... Continue Reading
The Apartment Association of Metro Denver has conducted an industry compensation study every other year since 1999. Compensation data was collected from 32 different management companies, and included specific data for 3,354 individual people who work in the Metro Denver apartment industry. The... Continue Reading
For this issue we will step away from the traditional apartment communities that we normally feature to address some non-traditional trends that are breaking the mold in the rental market. We will focus on three properties that represent the most popular development types, including the... Continue Reading
Pets can create quite a conundrum for landlords who want to appeal to a broad group of tenants but are also concerned about potential damage to their rental property. If you're wondering whether to offer your rental property to tenants with pets, here are a few key benefits. The Rise of Pet... Continue Reading
Want to earn AAMD Bucks and support AAMD's charitable initiatives at the same time? Refer a new member! With AAMD's new Referral Program, current members who refer a new member now receive a $75 bonus - $50 in AAMD bucks and a donation in your name of $25 to the Apartments Giving Back... Continue Reading
Despite the economic climate, now is not the time for apartment communities to ignore social media. Social media is critical to attracting and engaging with residents. There’s no ifs, ands, or buts about it — your residents are actively online, using multiple social media platforms. ... Continue Reading
What are chameleons known for? Chameleons possess a host of physical adaptations which help them survive. Most notably, they are known for their swiveling eyes that help them pinpoint fast-moving prey and their color-changing skin helps them blend in, stand out to potential mates, and... Continue Reading
Digital nomads are remote workers who take advantage of their location-independent jobs to travel and live where they choose, whether domestically or internationally. According to a research study from the MBO Partners State of Independence, there are around 15.5 million digital nomads in the US,... Continue Reading
Through the Apartments Giving Back campaign, AAMD honored each of the 2021-2022 Leadership team members by making a special donation in their name to the non-profit organization of their choice. Below are the organizations chosen by our leadership team: Danette Barrett: Go-Humanitarian Teri... Continue Reading
Carol Levey (1946-2022) was one of the most uniquely powerful and warm hearted individuals I’ve ever known. She was a force for education in the apartment industry and touched tens of thousands of industry professionals during her 50+ year career. Carol’s impact on our local... Continue Reading
On June 6, the Apartment Association of Metro Denver (AAMD) launched Mentoring into New Dimensions (MIND), a mentorship initiative connecting young talent in the multifamily housing sector with industry veterans, helping them nurture the skills and confidence they need to succeed. Spearheaded by... Continue Reading
I spent a good deal of time over the last year or so trying to decide what my goals would be during my time as AAMD President. I actually spoke with several past presidents to gather their advice – and what I heard was fairly consistent – it was to narrow down my ideas to one or two... Continue Reading
At June Awards on June 16, 2021-2022 President Angela Fletcher awarded Tonya Storovich (Santee Metal Works) and Jared Miller (Redpeak) the Person of the Year Awards. Tonya Storovich, Angela Fletcher & Jared Miller Tonya Storovich has contributed to AAMD through so many different... Continue Reading
"Life is not about finding our limitations; it’s about finding our infinity." – Herbie Hancock We have all found our infinity dealing with all that we have accomplished over the past two plus years with COVID. Navigating through COVID we all faced breakthroughs and setbacks. Each of... Continue Reading
Last month, the Apartment Association of Metro Denver (AAMD) released 2022 first quarter results from the Denver Metro Area Apartment Vacancy and Rent Survey, conducted by the University of Denver’s Daniels College of Business and Colorado Economic Management Associates. The metro... Continue Reading
In August 2021, the Supreme Court’s rejection of the Biden Administration’s eviction moratorium provoked a wave of outrage from lawmakers, renter advocates and housing experts. ‘Millions of residents will be forced from their homes,’ they declared. ‘Prepare for an... Continue Reading
Marketing an affordable housing community sounds daunting, but in reality, you can easily use the same marketing tools and techniques as you would for multifamily and conventional housing. The main difference? Your audience. The affordable housing community is in a very unique position in that... Continue Reading
Many municipalities across Colorado have minimum habitability standards for rental properties written into their housing or rental codes. Whether focusing on specific electrical or HVAC requirements or on more general wellbeing and safety, all these standards are intended to make rental... Continue Reading
Dr. Stevie Dawn Carter is a professional speaker, coach, and author based out of Mansfield, Texas, Dr. Stevie Dawn is addicted to success. As a 4-time business owner, Stevie Dawn has created multi-million dollar success in the areas of dance, corporate training, business, and coaching. As a... Continue Reading
When Sparks Fly- Ditch the Drama by Giving Your Team the Tools they Need to Manage Conflict Energize your teams by sending them to the AAMD Educational Conference! It has been a long time since many in our industry have gathered to share the fun and the unbelievable stories from our properties... Continue Reading
One of the biggest pain points in the rental housing industry today is the competition for talent. Not only are owners and operators competing with each other for great team members, they are competing with literally every other industry! Many companies are evaluating innovative ways to try and... Continue Reading
There’s No Quick Fix For Current Hiring Problems, but Your Team Could Play A Role As we settle firmly into 2022, one thing is clear: the COVID-19 pandemic has altered the workforce, possibly forever. Employees resigned in droves early in the pandemic – dubbed the Great Resignation -... Continue Reading
There’s No Quick Fix For Current Hiring Problems, But More Flexible, Adaptable Employees And Teams Could Play A Role. In the coming years, mature and older workers will play an increasing role in Colorado’s workforce.Between 2010 and 2040, the category of Coloradan workers over the... Continue Reading
We are so proud and excited to announce the selection of Brandon Rich and Reed Rice into the AAMD Hall of Fame! Two very deserving individuals who have both made an enormous contributions to the Apartment Association of Metro Denver and our great industry in Colorado. Brandon and Reed will be... Continue Reading
Alton Fitzgerald White captivates audiences whenever and wherever he performs. The triple talented singer, actor, dancer has starred in six smash Broadway hits! He made his Broadway starring debut as John in Miss Saigon with his powerful heart rending performance of the anthem “Bui... Continue Reading
Are your apartment communities on TikTok? Here's how this exceptionally popular app can boost your online presence among multiple generations of renters. Over the past 18 months we have seen an increasing number of businesses switch to online operations, and many including the real estate industry... Continue Reading
It is a low energy word that sucks the life straight out of my soul to even say it. Synonymous with exhaustion. Overwhelm. Unchecked chronic debilitating stress leading to illness and depression. Weariness that leads to collapse and ultimately breakdown. Perhaps you can relate. I started my real... Continue Reading
The National Apartment Association announced last month that Gio Ponce, Senior Property Manager for Windsor Communities, was selected for the 2022 NAA Diversity Leadership Program. The Diversity Leadership Program is a yearlong program where individuals will gain leadership experience through... Continue Reading
I cannot believe I have been in the multifamily industry for over 19 years! I began my adventure as a leasing consultant and quickly learned that it wasn't another job; it was the start of my career. Not only was it rewarding as I was helping someone find their place to call home or assisting a... Continue Reading
Since the toughest economic times of the past 100 years was during the Great Depression of the 1930s, and because experts have drawn many similarities between the conditions that led to the Great Depression of 1930s and current times, my curiosity compelled me to do some research about that period... Continue Reading
With over 25 years of selling into multifamily I have found that there are four areas of focus that will help sellers be most successful. Many suppliers will already know these and use them every day. Some Suppliers will discover these through this article. Some Suppliers will be reminded and... Continue Reading
In order for a multifamily professional to be successful, they must approach their target residents where they are. In the past, this meant placing billboards on their route to work or an advertisement on an apartment search site. As technology has radically evolved, digital marketing has changed... Continue Reading
Our industry has been challenged over the last two years to continue working through the pandemic. While residents have increasingly been working from home, our industry showed up every day to take care of our customers. Times may have been tough, and our industry was tougher. Property management... Continue Reading
Last month, AAMD hosted hundreds of industry professionals at ECON 2022, its annual economic forecasting conference for the Denver multifamily housing industry. With presenters from Governor Jared Polis to economist Bryan Kaplan pronouncing the need for new housing, the conference’s... Continue Reading
Vacancies Remain Low as the Apartment Market Stabilizes This week, the Apartment Association of Metro Denver (AAMD) released 2021 fourth quarter results from the Denver Metro Area Apartment Vacancy and Rent Survey, conducted by the University of Denver’s Daniels College of Business and... Continue Reading
Ed Schell was recognized at the NAA Assembly of Delegates in Cincinnati with a 2021 NSC Chairman Award in recognition of outstanding contributions. Ed was a National Suppliers Council Board Member at large in 2021 assigned to Supplier NAAPAC fundraising. NAA set a lofty goal for Supplier... Continue Reading
Companies within our industry and others have started committing to their diversity and inclusion programs by hiring, promoting or assigning company stewards into roles leading these efforts. We have interviewed four of these Diversity and Inclusion leaders to learn more about how they got into... Continue Reading
Hundreds of families were displaced by the Marshall Fire in Boulder County. Here are a few ways you can aid their recovery. On Thursday, Dec. 30, the Marshall Fire ripped through Colorado’s Front Range. Fueled by 100 mile per hour winds and drought conditions, the blaze spread quickly... Continue Reading
There is a lot more that goes into your apartment marketing strategy than just publishing posts on Facebook and sending out a generic email newsletter. Who is your target audience? How old are they and what do they want out of their living experience? What are their biggest pain points and... Continue Reading
I know many of us for the last 2 years have been in a mental fog. What we used to know in the past years that worked is no longer the “Norm”. By the way what is the new norm? Our industry has been on the fast track and cutting edge of pivoting into the new world order during and... Continue Reading
It Was Never an Option to Shut Down Maintenance During the Pandemic January 2020 began as a normal year, then a few months later COVID-19 hit. Seemingly overnight the country changed. In an unprecedented move, the government began shutting down travel, hospitality, sporting events, the... Continue Reading
The Colorado Apartment Association (CAA) is launching a housing directory (https://www.caahq.org/available-apartments-for-displaced-families) for residents displaced by the Marshall Fire, helping them locate vacant rental housing units available for immediate move-in. CAA will also make an... Continue Reading
Jack Luscombe "Pay It Forward" Award: Jenny Jorgensen When you think of Jenny, the first word that comes to mind is Passion! She has been involved with AAMD and served in a leadership role for more than a decade. She has served on several different committees and is currently serving as the... Continue Reading
Denver Housing Authority’s vision statement articulates that every individual or family shall have quality and affordable housing in communities offering empowerment, economic opportunity, and a vibrant living environment. This vision remained intact throughout the Covid-19 pandemic in which... Continue Reading
Last Year, Thompson Thrift properties donated over $500 and collected backpacks for Family Homestead’s Back to School Backpack Campaign. The teams filled the backpacks with over $250 in donated items. On a national level, Thompson Thrift’s community service partner is Next Step, an... Continue Reading
Individuals and local businesses alike have suffered greatly due to the effects of COVID-19, and the management company for SloHi Flats Apartments decided to do what they could to help. Envolve LLC, one of the country’s largest affordable multifamily property owners and managers, wanted to... Continue Reading
With a motto of “Energize Communities…Bring People Together”, RedPeak focuses on giving back to the neighborhoods we serve. Last June, as civil unrest was erupting nationwide and emotions were running high, we decided to do what we could for our Capitol Hill community.... Continue Reading
Beginning in January of 2021, Volunteers of America senior housing properties hosted vaccine clinics through a national partnership with a vaccine distributor. VOA was able to arrange these vaccinations for vulnerable senior residents and frontline staff. Vaccination availability began at VOA... Continue Reading
As we continue to progress through the pandemic and a return to “normal,” I am so grateful for the areas of light we had during a time filled with so much darkness and uncertainty. On-site partners and management companies alike really had an opportunity and in the spirit of giving... Continue Reading
One of out every eight women in the United States will likely develop breast cancer, according to research from the American Cancer Society. This alarming number of diagnoses is growing as incidence rates in recent years have increased by 0.5% per year. In honor of those who have survived or... Continue Reading
Griffis/Blessing employees participated in their annual Volunteer Day on Friday, September 17th, by spending the day working with non-profit organizations in lieu of their normal daily activities. Members of the corporate, Multifamily, and Commercial groups donated their time and energy to one... Continue Reading
The multifamily housing industry is unique by nature, as it provides a primary need – housing. Not only that, but apartment communities, owners and management companies spend tens of thousands of dollars and thousands of hours contributing to the needs of their community in different areas... Continue Reading
"We are excited about the opportunity to partner with them to provide needed services to our renters who fall below the 60% median income level. Provided a clubhouse for them to work out of at one of our properties." BLDG Management and Warren Village, a Denver-based organization focusing on... Continue Reading
During 2020/2021 Steadfast STAR REIT teamed up with Girls, Inc., The Animal Debt Project, and a Precious Child to give back to the communities around Colorado. Though the pandemic made it more difficult to find areas in our communities to volunteer, we knew it was important to our team that we... Continue Reading
One of Avanti Residential’s core values is “Be A Good Citizen.” To us, that means embracing, participating, and enhancing the communities in which we live, work, and do business. To live that value, one of the things we do each year is a company event called The Giving Week. The... Continue Reading
At BH Management, we believe that what we do matters. We know the importance of giving back to our communities, helping those in need, and making a lasting impact that creates a better future for all of us. That’s why BH created BH Gives Back, the company’s charitable initiative.... Continue Reading
DENVER (Oct. 27, 2021) – This week, the Apartment Association of Metro Denver (AAMD) released 2021 third quarter results from the Denver Metro Area Apartment Vacancy and Rent Survey, conducted by the University of Denver’s Daniels College of Business and Colorado Economic Management... Continue Reading
To say Housing Credit compliance is difficult would be an understatement. There is so much to learn, comprehend, and execute and the rules are just plain complicated. Add in the state-specific rules, numerous gray areas, and the likelihood of other programs being on your property, and you have the... Continue Reading
The last year and a half have not been good for mental wellness.The pandemic and its resulting lay-offs, remote work, onsite work, work where the rules changed daily, the “stay 6 feet away” habit (both emotionally and physically) the incessant roller coaster of safety vs. threat,... Continue Reading
When a property fails a REAC Inspection, the property owners and managers often take it personally. It can feel like a gut punch, and often the initial response is defensive. A defensive response is entirely normal; it’s even human. However, this response often gets property owners in... Continue Reading
At any given time, Low-Income Housing Tax Credit (LIHTC) properties all over the country are helping tens of thousands of households by providing decent, safe and sanitary affordable housing. A property can continue to do so if the responsible management professionals follow the basic rules of... Continue Reading
Affordable housing has been one of the hottest political topics in Colorado during the last decade. At the root of the issue has been massive population growth (particularly between 2013 and 2017) with lagging production of new housing units. The economic upheaval caused by virus related business... Continue Reading
The cost of housing has increased dramatically in Colorado. The average cost of buying a house has gone up 49% in the last 5 years (10% per year). The average rent rate has increased 18% over that same period of time (3.6% per year). Perhaps because many people own houses, the increased cost of... Continue Reading
The Director of the Centers for Disease Control and Prevention (CDC) had imposed a nationwide moratorium on evictions of any tenants who make certain declarations of financial need. The U.S. District Court for the District of Columbia has issued an Order overturning the CDC eviction order on the... Continue Reading
The Centers for Disease Control (CDC) forced the United States Supreme Court to legally slap the agency (and the Biden Administration) exceptionally hard in Alabama Association of Realtors, et al. v. Department of Health and Human Services. The Court had performed legal backflips to allow the CDC... Continue Reading
In a million years would we have ever imagined living through the last 18 months? A global pandemic touching and impacting every area of our lives; where we work, live, how we shop, how we dine out, nothing left untouched. We stretched in ways we could have never imagined. And so here we are -... Continue Reading
11 Expert Tips for Social Media Marketing Success Even if you have a great social media strategy and a lot of followers, there are always new things to try to improve your property’s online presence to double your growth, increase form submissions, and ultimately add to your bottom... Continue Reading
The order applies to counties with high COVID-19 cases. While the Order is "new," it is essentially an extension of the previous CDC Order that has been in place since September 2020. Continue Reading
The following companies have maintained theirMembership to AAMD for consecutive years and we want to recognize and congratulate them! This year, there are 130 members celebrating a membership milestone, with 37 of them being members for more than 35 years! Click here to see the full spread of... Continue Reading
Rental market remains a good value for renters, as costs of goods and real estate spike Continue Reading
Through the Apartments Giving Back campaign, AAMD honored each of the 2020-2021 Leadership team members by making a special donation in their name to the non-profit organization of their choice. Below are the organizations chosen by our leadership team: Danette Barrett: Go-Humanitarian Teri... Continue Reading
“An individual has not started living until he can rise above the narrow confines of his individualistic concerns to the broader concerns of all humanity.” – Martin Luther King Jr. Earlier this year, AAMD launched a new initiative and committee committed to inclusion and... Continue Reading
There Were Many Milestones Despite Pandemic Who would have thought back in June of 2020 that nearly the entire last 12 months would have been spent on Zoom? Taking that into consideration and looking back at what we accomplished over this last year,it is truly remarkable. To say it has been a... Continue Reading
Recapping the most challenging legislative session for housing providers in Colorado history The most challenging legislative session for housing providers in Colorado history has now ended. This was the Year of The Crisis. The sheer number of anti-landlord bills, coupled with the erratic nature... Continue Reading
Today, Governor Polis announced Executive Order 120, extending for the third time the requirement for landlords to serve 30-day rent demands instead of 10-day rent demands. In addition, the new order keeps EO-110 in effect, which requires landlords to serve the DOLA FAQs with every type of... Continue Reading
On June 25, AAMD Hall of Fame Chair Terry Simone annouced the 2021 Hall of Fame Inductees. The induction will take place at the Conference Kick off at the Education Conference & Trade Show on July 28 at 8:45 a.m. Carrie Gillis As an association icon and legislative warrior for our business... Continue Reading
This last year has been challenging on so many levels, but as President of AAMD it has been amazing to watch and see all that we were still able to accomplish as an organization. So many people went above and beyond. From challenges with Pandemic… Challenges on the legislative... Continue Reading
Data Suggests an Increase of Pet Owners in Apartments Many apartment operators have worked diligently to improve their pet-friendliness levels. And if pet friendliness wasn’t already a primary focus, it definitely should be now. New data indicates that the well-documented spike in pet... Continue Reading
The National Apartment Association (NAA) has announced the winners of the 2021 NAA Best Places to Work Awards, which recognize member organizations that foster a culture of collaboration, innovation and hard work. Further, the awards pay tribute to management companies and industry suppliers that... Continue Reading
Increase your rent and resident retention with sustainable apartment living When a property can present creative ways to make residents’ lives easier, it can be a valuable form of relationship-building. Millennials and Gen Zs, in particular, are increasingly energy conscious, so offering an... Continue Reading
First time renters are excited to live in your community! Continue Reading
Colorado’s rent collection rate 0.9 percentage points higher than the national rate DENVER (June 10, 2021) – Colorado’s rent collection rate was 97.9% as of May 27, 2021, which is 1.1% higher than rent collections from the previous year, with a 96.8% rate recorded in May... Continue Reading
Provide your prospective renters with an apartment brand they will remember by utilizing your social media and apartment website to tell your community’s story. Are you ready to kick off an apartment marketing strategythat requires more of a caring team effort than a big budget? The... Continue Reading
We hear the cry all the time – “Takethe politics out of sports!” Take the politics out of education, out of movies, out of everything!” And I confess, I agree. I don’t want to know what my favorite athlete or actors’ politics are. I don’t care whether... Continue Reading
As we have all witnessed over the last year, life as we know it can change in an instant. Last April, not a day went by that we weren't being inundated with a barrage of bad news and challenges we were facing in our communities and companies. Even to this day, when we read the news and face the... Continue Reading
Today, almost all multifamily marketing efforts revolve around a digital strategy. Whether it’s monitoring your property’s online presence or using new software to collect data on your target audience, it is critical to stay ahead of the marketing technology (martech) curve. While... Continue Reading
The Apartment Association of Metro Denver’s quarterly report on vacancy and rental rates shows a 2.2% uptick in average rent and a slight decrease in vacancy for the first quarter of 2021. The average monthly rent in the Denver metro area is $1,544, compared to $1,510 one quarter ago.... Continue Reading
Eight Key Practices to Set Both Parties Up for Success Continue Reading
In the multifamily industry, “resident retention” is a buzzword phrase that keeps onsite team members, regionals and owners alike looking for ways to refine current practices and create new ones. Resident retention is incredibly important to our communities as well as our bottom... Continue Reading
Much like people, each social media platform has its own personality, and through it, its own specific use. Facebook is more visual, personal, and explanatory — ideal for establishing your property as a helpful resource and engaging with residents. Think of it as your storefront greeter,... Continue Reading
When the pandemic started last year, it immediately put the maintenance team atmy community - Colorado Station - on high alert. We had to get creative and start making adjustments to fight COVID 19. The first thing we started to do was to find cleaning supplies like sanitizer, latex gloves, hand... Continue Reading
In 2020, Coloradans Stayed at Home and Worked from Home, and Apartments are home for many of them. Here's how the Multifamily Industry Responded The year 2020 started out with hope and prosperity; a new decade, an election year and another chance for fresh beginnings. Unfortunately, in a matter... Continue Reading
There exists a misconception that rental housing owners enjoy large margins and can continue operating in the absence of rent payments, and with so much discussion around rents during COVID-19, the National Apartment Association (NAA) has released resources that help explain the breakdown of $1 of... Continue Reading
In order for a multifamily professional to be successful, they must approach their target residents where they are. In the past, this meant placing billboards on their route to work or an advertisement on an apartment search site. As technology has radically evolved, digital marketing has changed... Continue Reading
No matter your role in the global community, COVID-19 forced us all to take stock in Spring 2020. How do we feed our families, what plans will be forced to be put on hold, which of our loved ones are higher risk? Tightening the lens as members of the multifamily industry, taking stock meant asking... Continue Reading
A strong onsite leasing team is the bread and butter of asuccessful apartment community. Your property can have a fantastic marketing game and the best amenities around, but if your leasing associates aren’t practicing the best habits, your property is going to struggle.So just what are... Continue Reading
Rent collections in Colorado continue to exceed national rates with mid-90s for eleventh month in a row Continue Reading
A return this fall and early winter of surges in COVID-19 reported cases along with civil unrest in some markets during the summer of 2020 may have long term effects on housing choices, work location, and remote work, that are still playing out. We can attempt to monitor effects of location choice... Continue Reading
Rent collections in Colorado continue to exceed national rates with mid-90s for tenth month in a row. Continue Reading
Renters have additional housing inventory and flat rent rates going into 2021 Continue Reading
9 Ways Suppliers Can Stay Relevant During the Pandemic For nearly a year, we have been living in an age where from one day to the next we are often unsure of what to expect. We are so used to the day to day routines of our lives and when they are dramatically disrupted, we must develop coping... Continue Reading
Cut back work orders by providing residents a few tips As apartment operators, we spend considerable time and energy discussing ways to empower our teams. By providing our teams with the tools, training, and authority they need to excel in their positions, employees are naturally more motivated... Continue Reading
You may recall that last summer, our Colorado legislature passed two bills which made “source of income” and “immigration status” protected classes statewide. We want to remind you that these laws have now taken effect as of Jan 1, 2021. If you have not already done so, you... Continue Reading
Anticipation for the COVID-19 vaccine is quickly growing following the Food and Drug Administration’s (FDA) December11 approval of an emergency use authorization for the first vaccine candidate. Healthcare workers across the country received the first doses just days later, but many are... Continue Reading
As we start the 2021 New Year and put 2020 behind us, I want everyone to reflect on leadership and teamwork to help make the upcoming year fantastic. “Lessons from Geese” is a lesson learned. A Foundation for life. We can learn about leadership and teamwork from looking at the way... Continue Reading
AAMD partners with Family HomeStead to feed Colorado families this Thanksgiving Continue Reading
The Apartment Association of Metro Denver (AAMD) is honored to be acknowledged by the National Apartment Association (NAA) at the 2020 NAA Excellence Awards, or Excels, with the Affiliate Community Service award for its community efforts and work. The Excel’s aim to highlight excellence and... Continue Reading
Rent collections in Colorado continues to exceed national rent payments levels Continue Reading
A good multifamily professional knows that resident retention is key to the success of the community and bottom line. Retaining residents is just as important, if not more so, than getting new ones. Reducing resident turnover doesn’t only make financial sense, but it can also lead to... Continue Reading
When it comes to making a house a smart house, homeowners have the option to install things like smart thermostats, smart security cameras, and smart doorbells. However, renters have fewer options when it comes to making their home smart. Therefore, they will be more inclined to rent in an... Continue Reading
Colorado ballots will soon be mailed to voters. There is one question that has the potential to impact nearly every Coloradan, especially multi-family property owners – Amendment B. This $500 million property tax increase would raise property taxes at a time when the multi-family industry... Continue Reading
High rates of rent payments and low eviction rates show ‘eviction crisis’ is not on the horizon Continue Reading
Important Documentation to Include in Rent Demands Continue Reading
The administrative order does nothing to help renters pay rent or help rental housing providers. Continue Reading
Something I really want to talk about today is a problem I see most people dealing with and that’s comparing yourself to others. You know, I meet with a lot of people day in, day out, clients, peers, mentors even. A constant theme is always looking around and comparing yourself to either... Continue Reading
Rena's GoFundMe project raised over $10,000 to help Colorado Residents who needed help paying rent amid COVID-19 Continue Reading
AAMD is the 6th largest apartment association in the country - representing nearly 2,475 Member organizations, and nearly 1,500 communities with over 245,000 apartment units. Amongst our membership is nearly 600 supplier partners with over 300 different areas of expertise and countless products... Continue Reading
Mentorship is something that I think needs to be better explained. A mentor is anybody that you usually have a relationship with who has seen success or is a little further on in their career or life than you are. They’re somebody that you want to get that wisdom from so that you can apply... Continue Reading
Sitting outside of a property right now. Been out cold calling and anybody that does this sort of work knows what it's like when you get shut down a lot. You have that day kind of, call it a “No” day. Right? You get nowhere. You’re not talking to anybody. Nobody's giving you the... Continue Reading
Let's discuss organic growth or word of mouth marketing. It is the cheapest, sometimes the easiest, sometimes the hardest way to market your business and I would personally say the most impactful. You will develop a reputation in any industry that you’re working in. Whenever you have a good... Continue Reading
One of the biggest issues that I tend to see with a lot of sales reps is a lack of follow up and even follow through if you want to call it that. We’ll get out, we’ll meet the customer, we’ll make a relationship, we’ll find out what they need, we’ll put a bid... Continue Reading
FAST FACTS With Janelle Born & Raised: I was born in Aberdeen, South Dakota and raised on a farm near the small town of Stratford, SD Education Background: Associates degree in Hospitality Management Family / Pets: Married for 34 years, two adult sons. Favorite Food / Drink / Restaurant:... Continue Reading
HOW TO APPLY FOR EMERGENCY RENTAL ASSISTANCE FOR PROPERTY OWNERS (POP) DOWNLOAD PDF VERSION 1. Visit the Eviction and Foreclosure Prevention page on the Colorado Department of Local Affairs (DOLA) website: https://cdola.colorado.gov/housing-covid19-eviction 2. Click the blue drop down menu: ... Continue Reading
Have you ever walked into an office or worked in an environment with somebody who is just an absolute pessimist? They are negative about everything. Any input they give is why something won't work or why something is a bad idea. But, they never come up with a reason why something could work. Now... Continue Reading
Colorado Apartment Association and its members partnered with the Resident Relief Fund, which now has more than $120,000 in donations to help Coloradans pay rent. Rena Brittan, a 13-year-old in Denver announced in June that as part of her bat mitzvah project she was going to raise funds for... Continue Reading
Denver (July 21, 2020) – Today, the Apartment Association of Metro Denver released Q2 2020 results from the quarterly Denver Metro Area Apartment Vacancy and Rent Survey conducted by the University of Denver’s Daniels College of Business and Colorado Economic Management... Continue Reading
Effective July 17, 2020 there is a mandatory statewide mask order, requiring all people in Colorado over age ten to wear a face covering over their nose and mouth in any public indoor space to alleviate the spread of COVID-19. The order is currently in effect through November 12, 2020 but could... Continue Reading
Apartment operators spend thousands of dollars and thousands of hours training their onsite leasing professionals. Faced with the new (temporary) normal of reliance on virtual leasing tours, there’s no reason to rely on guesswork and your agent’s smartphone to get this right. Virtual... Continue Reading
Being inundated with leads? Here’s a look at how marketing automation for multifamily properties can help in popular markets like the Denver area. The Greater Denver area leads the nation in population and rental growth as the local market continues to prosper. With such high renter... Continue Reading
2002 AAMD President, Melanie Madonna Mary Kibble (Melanie Murphy) Melanie Madonna Mary Kibble - A devoted wife, mother, and grandmother. Melanie transitioned Friday, May 15, 2020, while at home surrounded by her loving family. In addition to her parents, she was preceded in death by her son... Continue Reading
On June 25, AAMD held its first ever Virtual June Awards, and with nearly 200 people logged in, the 2020-2021 AAMD Board of Directors and President Janelle French were installed. Dave Janecek from RediCarpet and Donna Seward from Interstate Restoration covered the hosting duties from AAMD's... Continue Reading
The Apartment Association of Metro Denver is proud to announce this year’s Person of Year is Peggy Panzer. Peggy quickly “stepped up to the plate” and led a group of industry leaders as we all tried to navigate the ever-changing waters during this crisis. Often times, guidelines... Continue Reading
DENVER (June 30, 2020) – RealPage, a data analytics firm for the real estate industry, reported that Colorado’s rent collection percentage for June was 95.4% as of June 23. RealPage’s analytics show Colorado rent collections ranking No. 9 out of the 47 states that reported... Continue Reading
Our 2020 legislative efforts saved the industry $252,049,000 during the next year. Many of the legislative victories we achieved this year cannot be easily quantified because the costs are speculative or would have been administrative burdens that are not easy to turn into a monetary impact. ... Continue Reading
In the early stages of the crisis, face masks were one of the most controversial topics. Many experts reported masks were not helpful in preventing the spread, which went against everything we knew. Whether you watched M*A*S*H, General Hospital, E.R., or Grey’s Anatomy growing up, face masks... Continue Reading
In March 2020 the world, and our way of life as we knew it, changed. The Coronavirus pandemic required not only the AAMD to postpone key events and education but threw the industry into a state of confusion. The pandemic created chaos with daily changes to the way the apartment industry –... Continue Reading
On April 24, President Trump signed into law The Paycheck Protection Program (PPP) and Healthcare Enhancement Act (HR 266), allocating an additional $310 billion to the lending program administered by the Small Business Administration (SBA). The bill also provides an additional $60 billion to the... Continue Reading
For many communities, the biggest value-add for leasing up is the resort-style swimming pool, on-site fitness center, Starbucks coffee bar, and community events — all of which must be postponed or shutdown due to the COVID-19 outbreak.While it’s an uncertain time in the multifamily... Continue Reading
DENVER (May 27, 2020) – The Colorado Apartment Association reported that 95.2% of renters paid May rent in full by the end of the month. This is an improvement over April, when approximately 91% of residents had paid by the end of the month. The improvement by over 4 percentage points shows... Continue Reading
At Echelon Property Group, we are seeing firsthand how the economic impact of this crisis is affecting our residents and neighbors. It has been amazing to see how we have all joined together to help our residents and one another during this unprecedented time. What we may not be able to witness,... Continue Reading
DENVER (May 13, 2020) – The Colorado Apartment Association reported that 88.8% of renters paid Mayrent in full by May 5. This is a significant improvement over April, when 83.6% of residents had paid byApril 6 (a 5.2 percentage point increase in rent payment). This shows that, despite... Continue Reading
Aimco, a real estate investment trust (REIT) headquartered in Denver, Colorado, is one of the largest owners and operators of apartment homes in the United States. The company’s shares are included in the S&P 500 and are publicly traded on the New York Stock Exchange under the symbol... Continue Reading
The National Apartment Association (NAA) has tirelessly advocated on behalf of the apartment industry and our members as the nation grapples with COVID-19. On March 13, NAA sent a letter to Congress that expressed our strong opposition to any broad-based moratorium on evictions. Additionally, we... Continue Reading
QOZ. QOF. QOZBP. Most individuals who own or provide services for commercial real estate have heard these terms floating around, nevertheless how many of us truly understand the opportunity and are in a position to use it to our advantage. WHAT & WHY: QOZ & QOF The Qualified Opportunity... Continue Reading
What if one day you woke up and the entire country closed down?? Wait….that did happen! However, many suppliers to the apartment industry didn’t close down, we just changed everything! As suppliers to an essential industry, we had to act quickly to modify our operations and ensure... Continue Reading
These days, we’re all spending a little bit more time at home, a little less time socializing, and a lot more time distracted by what’s happening in our world. Navigating any crisis, including the COVID-19 pandemic, is challenging when we’re used to building a connected... Continue Reading
Data collected through March 11 and is not inclusive of coronavirus impact Denver (April 24, 2020) – Today the Apartment Association of Metro Denver released results from thequarterly Denver Metro Area Apartment Vacancy and Rent Survey conducted by the University ofDenver’s Daniels... Continue Reading
There are two types of work from home people right now: the ones who work from home regularly and the ones who are having to do it out of emergency necessity. Those who work from home regularly will give you advice like this (and I can say that because in a quick Google search, these all came up... Continue Reading
Last month, Governor Jared Polis provided an update on how the state is responding to COVID-19 and provided further clarification on what the Safer-at-Home phase of the pandemic will look like for Coloradans. “I want to reiterate, the Safer-at-Home phase is not going back to life as normal.... Continue Reading
DENVER (April 17, 2020) – The Colorado Apartment Association is reporting that approximately 91% ofColorado renters were able to pay their April rent on time. CAA reports that the April rent delinquency rate was 9%, which is 1.8% higher than the average Januaryand February delinquency... Continue Reading
DENVER (April 13, 2020) – The Colorado Apartment Association has concerns about the Denver CityCouncil’s Proclamation No. 20-0350, set to be considered during tonight’s Denver City Council meeting. “Colorado Apartment Association’s top concerns are the health and... Continue Reading
Last month, the AAMD Hall of Fame elected to induct the following three individuals to the Hall of Fame based on their experience, leadership and impact on the Denver multifamily industry. The induction is scheduled to be held at June Awards on June 25, 2020 at the Vehicle Vault in... Continue Reading
Call to ACTION: The Three Principles of FOCUS Vision / Commitment / Momentum FOCUS has been superseded by uncertainty, as a staggering number of long-term management practices are disrupted by the challenges of 2020. For some this is a season of survival, for others, an opportunity to shine!... Continue Reading
DENVER (April 7, 2020) – The Colorado Apartment Association issued the following statement fromMark Williams, executive vice president of the Colorado Apartment Association, in response to the rentstrike protest during today’s town hall meeting with Governor Polis and KUSA... Continue Reading
DENVER (April 8, 2020) – The Colorado Apartment Association today reported that 17.3% of residentswere late on rent as of April 6. The results came from a rent collection poll to which 44 housingorganizations responded representing approximately 80,000 units throughout Colorado. This... Continue Reading
Tips to Protect Your Sanity Are Just A Click Away Fears about COVID-19 can certainly take an emotional toll but you’re not powerless. Your world has shifted and lives have been transformed. While you’re creating your new normal, we’re finding new ways to help you manage... Continue Reading
he American Red Cross responds immediately to more than 70,000 disasters each year, including house or apartment fires (the majority of disaster responses), hurricanes, floods, earthquakes, tornadoes, hazardous material spills, transportation accidents, explosions and other natural and man-made... Continue Reading
Am I responsible to make sure residents at my community wear face masks? No member’s existing lease explicitly requires residents to wear a mask. Consequently, in order to plausibly claim that a resident has an obligation to wear a mask, the owner would have to rely on the unlawful... Continue Reading
Dear Supplier Members, The Governor (on a statewide level), the Mayors of Denver and Boulder (on local levels) and the Tri-County Health Depart (for Arapahoe, Douglas and Adams Counties) have issued orders that affect the operations of businesses. The issue is fairly straight forward for... Continue Reading
DENVER (March 24, 2020) – Today the Colorado Apartment Association’s COVID-19 task force, which is made up of representatives from nearly 45 medium and large housing communities and housing providers throughout the state, announced its recommendations for Colorado rental housing... Continue Reading
We are Lincoln Charities. We are for people. Our goal is to try to add hope to an impossible situation and to reset things to zero financially to empower the next step after a catastrophe. Our mission is to serve our employees and their families in times of need, distress, or tragedy. We are... Continue Reading
I woke up this morning and scanned my iPhone. What did 3/17/20 have in store for me personally? First, I noticed it was March 17, - St. Patrick’s Day? Crazy, it didn’t feel like St. Patrick’s Day at all. I didn’t even consider looking for that one green striped shirt I... Continue Reading
The below are best practices gleaned from various rental housing management companies throughout the region and do not represent recommendations from the Colorado Apartment Association or any of its subsidiaries. CORPORATE MANAGEMENT OFFICE ATTENDANCE Use remote and flexible working... Continue Reading
DENVER (March 17, 2020) – Following news of mandated closures throughout Colorado in therestaurant and hospitality industry, the Colorado Apartment Association has created a guide to helpColorado renters in the face of income shortfalls. “The basic shutdown of much of our economy in... Continue Reading
Every management company will do things differently – mindful that their top priority is the health and wellbeing of their residents and employees. The Centers for Disease Control and Colorado Department of Public Health and Environment have the most up-to-date guidelines and information... Continue Reading
DENVER (March 10, 2020) – Today, Drew Hamrick, senior vice president and general counsel at theColorado Apartment Association, offered a statement regarding Broomfield Ordinance 2100, LocalGovernment Authority Promotes Affordable Housing Units: “Tonight, the Broomfield City Council... Continue Reading
Click here for the latest AAMD statement on emergency prepardeness (3/11/2020) Table of Contents NMHC: Coronavirus Preparedness for Apartment Firms NAA: Statement and Position NMHC: Coronavirus Preparedness for Apartment Firms The Center for Disease Control (CDC) is currently... Continue Reading
Every October, Simpson Property Group hosts a Make a Difference Day event across the country. Employees select organizations to volunteer their time at, including Wellspring, Volunteers of America, Shiloh House, and Zuma’s Ranch. We choose to support organizations that align with our core... Continue Reading
There has never been a more important time to invest in your teams. According to the Colorado Department of Labor and Employment, the current unemployment rate in Colorado is at an all-time low of 2.6 percent compared to the National Average of 3.5 percent. What does this mean for you? It means... Continue Reading
It’s time for the 2020 Census. Landlords have certain legal duties to assist with the Census and it is also in our industry’s best interest to help. The data collected will determine how approximately $675 billion in federal funding is distributed each year for things like... Continue Reading
The “roaring” 1920s was a decade of economic prosperity across the United States. New inventions like the automobile, the airplane, and the radio transformed the technology landscape and gave Americans renewed hope for the future. A century later in 2020, Americans are again exploring... Continue Reading
Our employees participate in the B.R.I.D.G.E. program by volunteering at any institution, agency or community service program. CWS contributions to the chosen cause by rewarding each employee $20 per hour for each volunteer hour contributed up to 12 hours per year ($240). Half of the funds are... Continue Reading
2020 Membership Challenge: January 28 - May 7 The AAMD Membership Challenge is on and our goal is simple. 100 New Members in 100 Days. (January 28 - May 7) This is the best time to join AAMD, as we have lots of great discounts for new members ONLY during this membership drive! For each new... Continue Reading
Quarterly results are the lowest growth in rents since 2011, but a worrisome slowdown in newunits could impact renters’ gains Denver (January 22, 2020) – Average rents across the Denver Metro area decreased slightly to $1,503 inthe fourth quarter of 2019, according to the Denver Metro... Continue Reading
Last year the Colorado legislature enacted a new statute dealing with landlord and tenant obligations regarding bedbugs (C.R.S. 38-12-1001). The legislation had a delayed effective date of January 1, 2020. Consequently, now is good time to revisit the requirements of the new law. The issues can... Continue Reading
We all have been dealing with current unemployment rates that are at an all-time low across the country and the Denver metropolitan area. Finding good people has become one of the industry’s greatest priorities. The challenges and cost to recruit qualified talent are ever increasing. This... Continue Reading
IoT Trends and Tech in Commercial Real Estate Back during the turn of the 21st-century, businesses and commercial real estate professionals alike speculated about the concept of a “smart space,” one that was fueled by innovative technology — now, it has become a... Continue Reading
The Apartment Association of Metro Denver recently completed the renovation and expansion of its current office space. The office now features an expanded Glass room, Education Room and an all new Hands On Maintenance Education (HOME) Room. All training rooms now feature the latest upgrades in... Continue Reading
National Model Shows that Denver Would Lose Estimated $462 Million in Property Value and $3.5 Million in Tax Revenue Denver (January 8, 2020) – Denver area population has grown dramatically faster than construction of new housing units. Just under 500,000 new people have mover to the... Continue Reading
2 days with Extreme Community Makeover, on multiple projects throughout the Denver Urban neighborhoods. Extreme Community Makeover is a partnership with residents of specific Denver neighborhoods to complete home and neighborhood improvement projects. During our volunteer days, we clean up alley... Continue Reading
At Zócalo, it is a core value to rebuild and strengthen vibrant, inclusive, equitable communities. We created the Zócalo Partnership to extend our commitment beyond our daily operations and create a robust partnership that allows us to support causes and nonprofits through giving,... Continue Reading
Mission Rock is proud to provide volunteer support to the Ronald McDonald House Charities. They are an independent nonprofit organization that provides a home environment for families when they have a hospitalized child.The families are provided with home-cooked meals, private rooms, and playrooms... Continue Reading
Starry, Inc., a technology and internet service member of AAMD has entered into a partnership with the Denver Housing Authority (DHA), Providing low-cost internet access for DHA’s affordable and public housing portfolio. More than 600 households at VIDA in West Denver and Connole... Continue Reading
Marketing teams today have a number of stakeholders. And we’re responsible for communicating effectively to all of those key stakeholders and to cater those communications based on their specific needs and interests. For instance, on-site teams need training on marketing tools, resources... Continue Reading
Average rents decreased slightly to $1,506 during the third quarter of 2019, according to the Denver Metro Area Apartment Vacancy and Rent survey published today. The total reflects a 2.8% increase in average rents from the same quarter last year. This marks the fourth consecutive year in which... Continue Reading
The new notice requirements of Colorado’s Warranty of Habitability (effective August 2, 2019) require a landlord to type, long before making repairs. The requirements are specific and time sensitive. They will doom the reasonable, but inexperienced landlord to losing the dispute, regardless... Continue Reading
By Cassie Mahoney Ask every property manager what they wish they could get their residents to understand better, and I bet recycling falls into the top five. Between wish-cycling and waste-bin confusion, our waste management budgets seem to be getting higher each time a contamination charge hits... Continue Reading
Your Ally to Increase Brand Awareness and Sell Your Product By Adriana Anderson The most important content marketing trend in 2019 is video. According to Business Insider, over one million minutes of video are shared per second and over 80% of content consumed on the Internet is video. Visual... Continue Reading
Starry, Inc., a technology and internet service member of AAMD has entered into a partnership with the Denver Housing Authority (DHA). They now provide low-cost internet access for DHA’s affordable and public housing portfolio. More than 600 households at VIDA in West Denver and Connole... Continue Reading
By Emily Klipp When it’s time to start promoting your next event on Facebook it can often be difficult to get timing and coordination down for flawless execution. According to Wish Pond, on average, there are 4.75 billion items shared by Facebook users each day, so it can be easy for your... Continue Reading
With 2019 coming to an end, we’re taking a look into one of the most influential marketing platforms of the last decade – Social Media. According to the Pew Research Center1, 69 percent of all U.S. adults now use at least one social media platform and this number growing... Continue Reading
If you’re a mid-sized property manager or apartment owner, you probably employ more than a 100 leasing agents. Combined, they probably communicate with more than a thousand prospects a day. According to our internal data, 42 percent of those communications are about scheduling tours or... Continue Reading
Denver City Councilwoman Robin Kniech recently expressed concern about housing affordability in Colorado in a commentary published by Colorado Politics ("Let's restore local governments' power to regulate rent," Aug. 30). We share Kniech’s concerns about the lack of attainable housing in the... Continue Reading
Today’s residents are not just relying on Facebook recommendations or Craigslist to find their next multifamily apartment home. They are turning to alternative tools as well for research, guidance, and inspiration, such as on-line bookmark and picture-sharing site Pinterest. What once was a... Continue Reading
Did you know that the most common source of new leads are referrals? Or that it costs 5 to 25 times more money to acquire new residents than to keep existing ones happy? Loyal residents grow a multifamily property much quicker than marketing or sales, and it all begins with a strong resident... Continue Reading
Last summer I went to Africa with my seventeen-year-old son. We did some humanitarian work for a couple weeks in Ghana and then flew to Tanzania and hiked Mount Kilimanjaro. Mount Kilimanjaro is one of the Seven Summits. The Seven Summits are the highest mountains of each of the seven continents.... Continue Reading
The record-breaking amount of new apartment construction in the last several years has yielded exactly what economists would predict: rent growth has fallen from double digit highs earlier this decade to below the rate of inflation over the last 12 months. You read that right: average rents are... Continue Reading
It's budget season once again. The sound of pencils being sharpened, spreadsheet macros being tuned up and bottomless cups of coffee and Red Bulls being poured are heard throughout the property management land. Frantic questions about revenue growth expectations, utility increases and how much... Continue Reading
The Colorado General Assembly passed multiple landlord tenant bills this session. Two of these Bills (The Warranty of Habitability or “WHB” and the Bed Bug Bill or “BBB”) create significant ongoing communication requirements for landlords. The WHB is effective August 2,... Continue Reading
IROC Member and Friend, Allen Yockey Last month, we lost a beloved member of the AAMD family. Longtime apartment owner, AAMD member and friend, Allen Yockey, passed away a few weeks back. For those of us that knew Allen, we were always greeted with a genuine smile and at least a couple of... Continue Reading
FAST FACTS WITH SCOTT Born & Raised: Front range of Colorado with ties to Chicago Education Background: Inner city kid graduating from East High School attended both University of Northern Colorado and the University of Colorado in Boulder Family / Pets: Two cats (Dreamsicle and Mr. Tuffy),... Continue Reading
The Apartment Association of Metro Denver hosted its annual conference Summer Econ 2019. Every year, the conference attracts industry leaders and professionals as participants, presenters and sponsors, and serves as an educational opportunity to understand the Colorado housing environment. This... Continue Reading
In conjunction with the 2019 Education Conference and Trade Show, the Apartment Association of Metro Denver officially launched Housing4Colorado.org, a platform which provides various resources, housing news, and frequently asked questions to help Colorado renters and home seekers find attainable... Continue Reading
On April 18, the Apartment Association of Metro Denver celebrated the 20th Maintenance Olympics at the Denver Mart. Over 1,800 maintenance service technicians and apartment industry leaders from across the state gathered together for a day of competition, fun and educational seminars in... Continue Reading
The Colorado Apartment Association Maintains Opposition to Rent Control Legislation Today, the Colorado Apartment Association announced its support of four new pieces of legislation that aim to address the state’s housing affordability and access crisis, while maintaining firm opposition to... Continue Reading
The Board of Public Health & Environment will hold a public hearing and vote on adopting the Rules and Regulations Governing the Green Building Ordinance at their meeting on May 9th (NOTE NEW DATE). Only very minor clarifications and corrections have been made since the last version that was... Continue Reading
The Colorado Apartment Association today released the results of a poll commissioned in late March that indicates strong public opposition to the enactment of rent control policies as a solution for addressing housing affordability in Colorado. The results come on the heels of a rent control bill,... Continue Reading
Average rents declined to $1,456 and average vacancy increased to 5.8% in the Denver metro area during the fourth quarter of 2018 according to the Denver Metro Area Apartment Vacancy and Rent survey published today. The construction of 12,324 new apartments in 2018 – a volume nearly three... Continue Reading
As of January 1, 2019, if a Section 8 voucher holder is a good candidate, most Denver Landlords will be required to accept the voucher and cooperate with the Denver Housing Authority (DHA) rules, HUD regulations, inspections and policies. Many Landlords do not accept Section 8 voucher holders, as... Continue Reading
We face real challenges to the affordable housing issue. In both the public and political arena, the increase in demand for attainable housing, coupled with hurdles to create more housing, is a growing problem. Limited government funding, headwinds of increased regulatory requirements such as... Continue Reading
The best pricing of the year is here! Our biggest sale of the year is open to all AAMD Members! Save up to 65% off dozens of events, sponsorships and advertising. Make Sure You Have an Active Account The sale is all online this year, so make sure you have an active account to take... Continue Reading
Over fifty awards presented to top-performing individuals, suppliers and communities across Metro Denver’s rental property communities On November 9, the Apartment Association of Metro Denver (AAMD) hosted over 1,300 members and allies from across the region for its 2018 Tributes Awards... Continue Reading
Apartments built in the 1970s lease for 42% less on average than apartments built in this decade and an estimated 29,051 apartments in the Denver metro area rent for $1,000 or less. Average rents in Denver fell by $19 per month in the third quarter of 2018, continuing a three-year trend in... Continue Reading
Earning a national credential can help elevate your skill set and take your career in the multifamily industry to the next level. With five Credentials to choose from, there is a Credential out there for everyone. The National Apartment Leasing Professional (NALP) recognizes that leasing... Continue Reading
Drainage issues are a common headache for property managers, and they become especially evident as watering increases during the summer months. The desire to keep lawns and planters green and lush often results in overwatering. Broken pipes, leaks and short periods of intense rainfall are also... Continue Reading
I admit it…I let my emotions get to me at work one day. I was alone in the office all day, and quite frankly, I was “done!” Have you ever been there? When you cannot handle one more phone call, or request, or someone asking “When is Amazon getting here???” and on and... Continue Reading
Look out Millennials, Generation Z is gaining ground. This group of individuals — born between the mid-1990s and 2010 — are beginning to come of age, with the oldest members in their early twenties. And if they aren’t already, Gen Z will be the next slew of renters at your... Continue Reading
I am a new regional director for a company expanding into the local market. Right off we have positions unfilled at several of our apartment communities; especially in the maintenance area. Moreover, as we expand our local operation and evaluate existing onsite staffs I’m anticipating an... Continue Reading
Nominations Now Accepted Through July 15. Continue Reading
I’m a maintenance professional and I enjoy moving in residents who appreciate our efforts to provide a quality apartment home. Recently I have been transferred to a property where several rent increases have resulted in higher turnover of existing residents after long tenancies. This means a... Continue Reading
US Rep. Mike Coffman of Colorado Congressional District 6 and industry representatives Matt Pacheco, Joint Legislative Advisory Council Chair; Scott Kirkwood incoming Joint Legislative Advisory Council Chair, Peggy Panzer, Debbie Wilson, Teo Nicolais, Terry Simone and Nancy Burke, vice president... Continue Reading
Developing a successful marketing strategy for your community has a variety of components. While an online presence is important to attract prospects to the property, how you present the community once they arrive is just as important, if not more so. Modern Renters The rental market has changed... Continue Reading
Overall, most tenants are good. They carry out the prime directive by paying their rent on time, and don't bother other folks, including your on-site team. However, if you have been in the rental industry long enough, you almost certainly and unfortunately have encountered the chronic complaining... Continue Reading
“The grass is greener over there” - We have all thought it once or twice; maybe it was about someone we were dating, our jobs, our cars or maybe we have done it with our own apartments. This can make life difficult for those of us responsible for getting current residents to... Continue Reading
By Courtney Clark, 2018 Education Conference & Trade Show Speaker How these Four Surprising Stress Symptoms Might Be Sabotaging Your Work Stress has become so familiar that we think we know exactly whatit looks like. But sometimes stress can fool us. Several symptoms of stress don’t... Continue Reading
By Traci Brown, 2018 Education Conference & Trade Show Speaker From projecting self-confidence in an interview to landing a hot date, never underestimate the importance of body language in non-verbal communication Actions speak louder than words. How many times have you heard that? Probably... Continue Reading
By Jennifer Hanzlick, 2018 Education Conference & Trade Show Speaker Most people get their information about hoarding disorder from the TV show where the individual is surrounded by piles and piles of things and the drama letting go of anything is portrayed. In reality, the homes may look... Continue Reading
By Terri Norvell, 2018 Education Conference & Trade Show Speaker The skills that got you to where you are today will not be the skills that get you to where you want to go. This is true no matter how you define your current level of success, from reaching for a promotion, maximizing your... Continue Reading
At my age, I have the earned perspective to see what has been and what may be. Do you remember the Woman’s Division? It was started back in the late 70’s by Carol Luinstra and Pris Damon. They held monthly luncheons and if we had 80-90 attendees we were thrilled! Let’s remember... Continue Reading
I am a Maintenance Supervisor with a team of four. I mostly enjoy my assignment which I’ve had for about a year, but I find that I am managing personalities more than anything else. Do you have any suggestions for handling the demands of a prima (that’s what I said), an introvert that... Continue Reading
NAA/NMHC have been in close contact with Rep. Luetkemeyer and other key allies to share insights into how the industry uses consumer data and how we protect it. While details of the proposal have yet to be released, NAA/NMHC have advocated that it includes: A clear Federal preemption of the... Continue Reading
With so many stories concerning sexual harassment in the media today, it is important that housing professionals and maintenance staff have a heightened awareness of the current laws and the risks of certain conduct, ranging from inappropriate comments to outright sexual assault. The Fair Housing... Continue Reading
As part of the budget agreement reached on February 7 to keep the government open, two tax incentives that support energy efficiency investments in apartments, which expired in 2016, were renewed through 2017.The Energy Efficient Commercial Buildings Deduction allows owners of buildings with four... Continue Reading
Christopher Dean: The way we do business in the Apartment industry, our tools and resources etc. have obviously changed a lot over the course of 50 years. What are some of the significant changes, differences or trends that have been altered or don’t even exist anymore? Susan: A big one is... Continue Reading
I’m an experienced maintenance tech. I recently became aware that my company is considering offering me a maintenance supervisor position. I’m pleased about the potential promotion, but I have been privately considering a changeover to operations. Operations appeals to me and I believe... Continue Reading
Is 2018 the year that Congress finally passes housing finance reform and puts an end to the conservatorship of Fannie Mae and Freddie Mac? Housing finance reform is at the forefront of a full slate of issues that Congress may tackle in 2018. Both the House and Senate are actively working on... Continue Reading
In today’s complex digital landscape, email marketing is the most commonly used digital media marketing tactic. Currently, 3.3 billion people around the world have an email account, which is an astonishing number of potential leads, right at your fingertips. According to Blue Corona, 57% of... Continue Reading
When I first got started in the multifamily industry as a leasing consultant I thought I was going to be rock star. I really did. Prior to getting into multifamily housing I had a successful career sales management and I figured that would translate well into the multifamily industry. Wrong! I... Continue Reading
The 2018 AAMD Economic Conference was the official kick of the Apartment Association’s 50th Anniversary, where over the course of the year several activities and celebrations are planned. The first ever “Golden Loyalty” Award was presented to Standard Interiors for 50 years of... Continue Reading
AAMD is proud to announce the following industry icons and Association leaders as our 2018 inductees to the AAMD Hall of Fame. The following individuals will be inducted and recognized at June Awards on June 21, 2018 at the Hyatt DTC. Karen Gladney Pat Hutchison Rick Kanas Peter Kudla DJ... Continue Reading
AAMD is proud to announce the Keynote Speaker for the 2018 Education Conference and Trade Show, John O'Leary! John's book, "On Fire: The 7 Choices to Ignite a Radically Inspired Life" was an instant #1 National Bestseller with over 100,000 copies sold and translated into 12 languages. John has... Continue Reading
Average rents in Denver fell for the second quarter in a row, dropping to $1,396 at the end of 2017 down from $1,420 three months prior. “After including average concessions valued at $65, the average effective rent for an apartment in Denver fell to $1,331 per month at the end of... Continue Reading
A parable is told of Arkad of Babylon. When his son reached adulthood and prepared to journey out into the world, Arkad gave the young man a bag of gold and a clay tablet containing the lessons Arkad had gained in his many years on earth. The son went forth and after ten years of toil,... Continue Reading
By Mark Montini Leadership is arguably the most valuable asset an organization can possess but yet, for some reason, it almost always seems to be in short supply. Countless organizations, both for-profit and non-profit, fall frustratingly short of achieving their full potential due to a... Continue Reading
As we (Denver Community Planning & Development) prepare to implement the Denver Green Roofs Ordinance beginning January 1, we have drafted a "rules and regulations" document to help guide CPD's administration of the ordinance. The draft rules and regulations aim to clarify key terms and... Continue Reading
By Terri Norvell The challenge of running an organization or property full of independent, smart, willing- to-learn people can be a bit overwhelming. After all, many of us jumped into a leadership role without having the benefit of ‘leading’ or ‘managing’ people. We may... Continue Reading
We are proud to partner with the City of Denver’s new LIVE Denver affordable housing program. The City of Denver has issued a “Call for Units” If you would like more information on how to participate in this one of a kind public private partnership, please click the logo below: Continue Reading
Vacancy Up, Rents Down Amid Record Construction Levels Average rents fell $8 between the second and third quarter of 2017 and average vacancy increased from 5.0% to 5.4% over the same period, according to the report. “Housing cost may be soaring in Denver’s single-family home and... Continue Reading
Legislative advocacy is one of the primary pillars of the association. From time to time, we have to call on our members to stand up and fight against bills or initiatives that would harm our industry, livelihoods and residents. Denver Ballot Initiative #300 is one of those initiatives. This... Continue Reading
In order for a multifamily developer to be successful, they must approach their target residents where they are. In the past, this meant placing billboards on their route to work or an advertisement on an apartment search site. As technology has radically evolved, digital marketing has changed the... Continue Reading
Most Landlords, Property Managers/Owners and Real Estate Agents are well aware of the federal Fair Housing Act (“FHA”) and its prohibitions against “steering”. With only a few narrow exceptions, Landlords, Property Managers and other housing professionals may not attempt to... Continue Reading
A new Maintenance Apprenticeship Program (MAP) launched earlier this summer through the Apartment Association of Metro Denver. 24 students were enrolled in the first of five sessions. Over 80 percent of the students graduated from the program now most have full time jobs in the apartment... Continue Reading
Question I’m a regional vice president experiencing more difficulty holding onto key team members. The economy is returning and offering more external opportunities; in and out of our industry. I believe that people are leaving important team assignments that will lead to promotions. What... Continue Reading
As members of AAMD, we want you to know about the latest events, classes, industry trends and legislative news. This new website is the first step in better communicating with you, along with increased social media presence and a new email broadcast platform MailChimp. MailChimp is the industry... Continue Reading
Welcome to the new Apartment Association of Metro Denver website! AAMDHQ.org has a brand new look and features to optimize your member experience! This is a huge upgrade, and while we are still ironing out some details, we're excited about the following new features you can do with your new... Continue Reading
1st Place Team & Owner's Cup Winner with a score of 61: Holland Partner GroupDarrow Rogers, Bob Coppess, Garth Renall, Pete Stachell 2nd Place Team: Monarch Investments & Management Group & Elkco Property Services sponsored by Sherwin-WilliamsRyan Brown, Willie Barbour, Quentin Mege,... Continue Reading
Keep your eye out for the following two :30 spots on Facebook and Twitter throughout the month of May - directing people to ProApartments.com! Continue Reading
Vacancy rates dipped and rents edged up as Denver set another record in apartment construction in the first three months of 2017, according to the Denver Metro Area Apartment Vacancy and Rent Report released today. “Denver saw 3,246 new apartments delivered in the first quarter,”... Continue Reading
Campaign to Run Through End of May by Christopher Dean In preparation for Apartment Careers Month in April, and National Apartment Day on April 6, AAMD has launched a new media campaign to promote apartment careers. The campaign will run through May, with the first few weeks promoting 50 open... Continue Reading
The AAMD Education Advisory Council (EAC) has worked hard to develop five new seminars for the spring education calendar. The EAC determined the seminars based on the feedback provided at the annual Knowledge Exchange comprised of Regional Property Managers, Marketing Directors and Trainers from... Continue Reading
Quarterly decrease is the largest dollar amount decrease ever in Metro Denver by Christopher Dean For the second quarter in a row the average cost of renting an apartment in Denver has decreased, according to the Denver Metro Area Apartment Vacancy and Rent Report released today. The survey... Continue Reading
AAMD President reflects on Mark Sanborn's influence in his career by Derek Avery Over the course of my career, no book has had a greater influence in the way I look at driving extraordinary customer service than The Fred Factor by Mark Sanborn. Mark’s book tells the story of how he was... Continue Reading
by Christopher Dean Denver-metro rents decreased for the first time in nearly three years. Average rents fell from $1,371 to $1,368 during the third quarter according to the Denver Metro Area Apartment Vacancy and Rent Report released today. Apartment rents rarely decrease during... Continue Reading
The Apartment Association of Metro Denver has earned a 2016 ASAE Power of A Silver Award for it's New Talent Initiative, which focused on promoting careers in the apartment industry to young professionals in Metro Denver. ASAE honored AAMD for the success of the initiative, which resulted in over... Continue Reading
by NAA/NMHC The Labor Department issued its final rule on May 18 that lifts the overtime pay threshold from $23,660 to $47,476 – impacting an estimated 4.2 million workers nationwide. Effective Dec. 1, executive, administrative and professional employees who are paid by the hour, or earn... Continue Reading
by Betty Knecht Ed Schell, CAS, will be honored at the NAA Education Conference this month with the CAS Designee of the Year award. Ed has a resume of achievement in the multifamily industry and within his company that are definitely worthy of recognition. Ed has performed at a high level... Continue Reading
Brooke Chesnut will be presenting multiple presentations at the 2016 Education Conference. by Brooke Chesnut The demographics of today’s workforce are changing rapidly. What happened in May 2015 was historic: for the first time in history the population of the Baby Boomer generation was... Continue Reading
We’ve all heard, “You never get a second chance to make a first impression.” You are perceived as likeable or unlikeable by others in mere seconds. A positive first impression is very important in the multifamily industry- our customers, current and future, judge us by our curb... Continue Reading
A robust Denver metro area apartment market is good news for job seekers as the Apartment Association of Metro Denver (AAMD) promotes an aggressive recruitment initiative to fill employment opportunities within the apartment living industry. Those efforts are coming to a crescendo with open... Continue Reading
What Maintenance Staff Should and Should Not Do by Debbie Wilson Maintenance staff are hardworking, skilled members of a Housing providers staff. However, many times, the maintenance staff members are not afforded the training and Fair Housing classes that office staff receive on an annual... Continue Reading
by Chris Abernathy and Amy Gillaspie As the Maintenance Olympics draws near, we thought it would be important to spotlight the importance of our maintenance teams to the success of our communities, specifically in the area of resident retention. Our maintenance teams are on the front lines and... Continue Reading
by Carol Levey I am a community manager with a team of seven. I enjoy my assignment which I’ve had for about a year but I’m finding that my maintenance guys don’t feel part of the team. They do a good job but I’ve been at properties where everyone works together and this is... Continue Reading
Estimated 6,000 families positively impacted since 1991 Since 1991, the Apartment Association of Metro Denver has partnered with Family Homestead, a Denver charity that assists struggling families in transitioning out of homelessness. Over the 25 years the Apartment Association of Metro Denver... Continue Reading
Former Denver Bronco Terrell Davis will be the Keynote Speaker at our Education Conference and Trade Show on May 25! Terrell Davis helped lead the Broncos to two Super Bowls in 1998 (in which he was named Super Bowl XXXII MVP) and 1999. Davis' signature "Mile High Salute" and intensity on the... Continue Reading
