Many apartment companies went through some painful downsizing during the recession. Economic uncertainty and turmoil in the financial markets sidelined acquisition and new construction activity, forcing many firms to scale back their forces. However, demographic shifts and changes in consumer preferences continued to drive demand for rental homes even as the industry contracted.
Now the economy is in recovery, and the industry is scrambling to ramp up to meet that growing apartment demand. This means more jobs, which is welcome news, but it also means apartment firm executives have to be more strategic about both talent retention and recruitment to fully benefit from the market’s upside.
Read more...Got Talent? | Multi-Housing News Online
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