What Features Do Apartment Renters Value Most? via NREI

To attract residents, apartment managers are mixing amenities like swimming pools with activities like fitness classes.

“It isn’t enough to have the fitness center, clubhouse, pool mix… Instead, provide these as services that busy millennials and active boomers want,” says Tara Jeffcoat, senior research analyst for research firm Yardi Matrix, based in Scottsdale, Ariz.

To get the right combination of apartment amenities, services and features, developers and property managers need to look at research on what their residents want, so that they can tailor the properties to their local apartment markets.

Read more...What Features Do Apartment Renters Value Most? via NREI