Property management is evolving, and those who embrace a hospitality-driven mindset are thriving in today’s competitive market. Successful property managers understand that beyond maintaining buildings and collecting rent, their role involves creating exceptional living experiences for residents. Just as top hotels focus on guest satisfaction, property management companies like Ross Companies can benefit from adopting…
Category Archives: Property Management
Property management is evolving, and those who embrace a hospitality-driven mindset are thriving in today’s competitive market. Successful property managers understand that beyond maintaining buildings and collecting rent, their role involves creating exceptional living experiences for residents. Just as top hotels focus on guest satisfaction, property management companies like Ross Companies can benefit from adopting…
The property management industry is undergoing rapid transformation in 2025, driven by technological advancements, sustainability efforts, and evolving market demands. As the industry adapts to changing tenant expectations, regulatory shifts, and economic fluctuations, property managers must stay ahead by embracing new technologies and innovative strategies. From automation and artificial intelligence to flexible leasing models and…
Urban development is undergoing a significant shift, with mid-rise buildings—typically 5 to 12 stories tall—emerging as a transformative force in reshaping cityscapes across the United States. These structures, often referred to as "five-over-ones" or the "missing middle," represent a perfect balance between density and livability. Mid-rise buildings are revolutionizing the way we think about urban…
Remote work has transformed industries, and the rental market is no exception. As more professionals work from home, there is an increased demand for larger living spaces, flexible locations, and enhanced amenities such as high-speed internet and home office setups. Property managers, like those at Ross Companies, have had to adapt by offering these features…
In the competitive world of property management, one factor stands out as a cornerstone of success: tenant retention. While attracting new tenants is important, keeping existing ones can be even more crucial for long-term profitability and operational efficiency. This article explores why tenant retention should be a top priority for property managers and owners, and…
Community amenities have become increasingly important in property management, offering significant benefits to both residents and property owners. Here's an overview of their growing importance: Attracting and Retaining Residents High-quality amenities make properties more desirable to potential residents, helping to attract and secure quality tenants. Popular amenities include: Fitness centers Swimming pools Outdoor spaces like…
In 2024, sustainability has become a crucial aspect of property management, with an increasing focus on environmentally friendly practices and green initiatives. This shift is driven by growing environmental awareness, regulatory pressures, and the potential for cost savings and increased property value. Key Benefits of Sustainable Property Management Implementing sustainable practices in property management offers…
Property management is a crucial aspect of real estate that involves overseeing the operation, control, and maintenance of properties. As the real estate market grows more competitive, property owners and investors are increasingly seeking ways to maximize efficiency and profitability. One effective solution is outsourcing property management to professional teams. This article explores the various…
Integrating technology into your property management strategy is no longer optional in today's fast-paced real estate environment. With the right tech tools, property managers can enhance operational efficiency, improve tenant satisfaction, and stay competitive. This guide explores essential technologies and provides practical steps for seamless integration. Assessing Your Current Property Management Needs Before diving into…