In this week’s collection of the top multifamily reads, we take a look at how changing technology and behavior impact the apartment sector. First, Multifamily Executive walks through the ‘triple bottom line’ benefits — social, environmental and fiscal — of implementing energy and water efficiency programs. Next, an article from Property Management Insider expands on some low- and no-cost retrofits to reduce your utility bills. We then get a look at how driverless cars will impact commercial real estate from the Commercial Observer. Expect to see things like less parking and perhaps changes to underwriting. The roundup is rounded off by two articles taking a closer look at older renters. HousingWire shows us how Baby Boomers are leaving homeownership in droves, while NAREIT uncovers that senior housing occupancy has remained stable in spite of a building boom.  

Photo by Anna Holowetzki on Unsplash

Photo by Anna Holowetzki on Unsplash

Green Financing’s Triple Bottom Line

Multifamily Executive – October 12, 2017

“Encouragingly, many multifamily lenders have embraced innovative green-financing techniques that not only monetarily benefit apartment owners, but make life better for renters and improve the health of local communities.”

 

In Multifamily, Energy Efficiency Equals Fiscal Efficiency

Property Management Insider – October 18, 2017

“Low and no-cost retrofits are a really good way for a property owner or manager to dip their toe into the water of energy efficiency in a very sellable way.”

 

No One at the Wheel: What Will Driverless Cars Do to Real Estate?

The Commercial Observer – October 17, 2017

“Uber and Lyft have already started the revolution, but driverless cars promise to upend the way Americans live and work—and real estate with it”

 

Rental Listing Service Reports Baby Boomers Leaving Homeownership in Droves

HousingWire – October 19, 2017

“Data from the U.S. Census Bureau shows that it is actually not Millennials who are pouring into the rental market, but Baby Boomers, according got the latest report from RENTCafé.”

 

Senior Housing Occupancy Stable in Q3 Amid Building Boom

NAREIT – October 18, 2017

“Not only are more and more older Americans living in retirement communities than ever before, they are also moving in at younger ages.”