This week’s review of the top multifamily news stories starts off with a look at the rise of amenities aimed at making everyday life easier for older renters seeking to age in place. As covered in a recent Arbor webinar on senior housing trends, ride sharing services and grocery deliveries are enabling older renters to remain comfortable in an independent living setting longer than ever before. We’ll also examine the Top 10 markets for rent growth year-over-year as of May courtesy of Yardi Matrix data, learn about the relationship between small apartments and workforce housing affordability, and get a view of a future with human-free, drone-operated construction sites.

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Rise of Aging-in-Place Amenities in Multifamily

via Property Management Insider – July 6, 2017

“While apartment designers have splashed on the amenities to attract younger renters, home builders and remodelers are placing more emphasis on simple functionality so older residents can get around their habitats easier for years to come.”

Top 10 Markets for Rent Growth

via Multi-Housing News – June 29, 2017

“Here are the 10 markets that, despite the nationwide trend of deceleration, have had the greatest year-over-year rent growth as of May 2017.”

The Role of Small Apartment Properties in Workforce Housing Affordability

via ALEX Chatter – July 7, 2017

“The growing lack of affordability within U.S. rental housing has led to the creation of new loan programs aimed at strengthening and preserving the existing stock of multifamily that’s affordable for the workforce. It turns that a large portion of housing suitable for the workforce is found in smaller apartment properties.”

Expect Human-Free Drone-Operated Construction Sites by 2050

via Bisnow – July 6, 2017

“Unlike industrial automation, where machines do the work for humans — resulting in the elimination of jobs — smart tech and remote-operated machinery will still require human operators behind-the-scenes to teach the tech the nuances of construction work.”

3 Strategies for Maximizing Resident Satisfaction

via Multifamily Executive – July 6, 2017

“To stay competitive, owner–operators must have a strategy for constantly incorporating new amenities, providing top-of-the-line service, and maintaining a strong sense of community for their residents.”