Ever wonder how PropTech and leasing centralization are reshaping the multifamily landscape? In this episode, Mike Brewer welcomes multifamily expert Andrew Bowen for an engaging discussion on the evolving landscape of property management and PropTech. Tune in as they explore leasing centralization, the changing operational model in multifamily, and how large language models (LLMs) influence property management communication strategies. Andrew shares his thoughts on harnessing maintenance centralization, adapting to move-in cost changes, and the intersection of people and technology to create exceptional resident experiences. They also reflect on innovation through chaos, the rapid acceleration of technology in multifamily, and strategies for balancing shiny new tech with sound business decisions. Plus, Andrew highlights the mission behind his new podcast, "Unscripted." Whether you're a multifamily operator, property manager, or someone fascinated by PropTech's impact on the industry, this conversation is packed with actionable insights you won't want to miss! Enjoyed the conversation? Be sure to like this video, subscribe to our channel, and hit the notification bell to stay updated on future episodes. Comment below if you have thoughts or questions – we’d love to hear from you! https://www.multifamilycollective.com

PropTech & Multifamily: How Sensor Technology is Revolutionizing Property Management Did You Know? A SpaceX rocket is equipped with 10,000 sensors to monitor its every move. Now, imagine if we applied that level of attention to multifamily properties! In my chat with Dom Beverage yesterday, we explored this very idea. Unlike rockets, most multifamily properties don’t have that many sensors—aside from the occasional leak detector. Yet, so much can go wrong on a property, from curb to commode. Without the right monitoring, issues can disrupt both team members' and residents' experiences. But what if we harnessed the power of IoT (Internet of Things) and placed sensors across our properties? With sensor technology, you can monitor the health of mechanical systems, common areas, and individual units. The beauty? You catch issues before they become problems, ensuring a smooth experience for everyone. Plus, you gather invaluable data to inform smarter decisions moving forward. It’s not a new concept, but it’s definitely one worth considering as we build and retrofit properties. Let's get ahead of potential issues and enhance the multifamily living experience! If you found this insight helpful, hit that like button and subscribe for more PropTech and multifamily leadership content.

Amazon’s big move back to the office—will multifamily follow suit? Let’s explore the implications for our industry. In today’s episode of Multifamily Collective, we discuss the ongoing debate about returning to the office. With Amazon announcing a full five-day office return starting January 2nd, the question looms—how will multifamily organizations respond? While remote work and hybrid models have thrived post-COVID, the collaborative energy and spontaneous innovation of in-person work are hard to deny. I reflect on the multifamily world, where remote work has long been part of regional managers’ roles. Will property management firms return their teams full-time, stick with hybrid models, or stay remote? The benefits of in-person work—collaborative thinking, cross-departmental engagement, and those invaluable "water cooler" moments—are clear, but the push for flexibility remains strong. What’s your take? Will your teams be back in the office, or will multifamily continue to lead the charge in remote work flexibility? Join the conversation! Please share your thoughts in the comments below, and remember to like and subscribe for more insights on the future of work in multifamily.

Is the multifamily market on the brink of a major shift? Let’s dive into the latest insights and what they mean for you. In this episode of Multifamily Collective, we break down the emerging signs that transaction volumes in multifamily real estate are poised to rise. With giants like Waterton closing a $1.7 billion fund and Ares raising a record $3.3 billion, the stage is set for a wave of activity in the distressed real estate market. But here's the kicker—many players have managed to "kick the can down the road" on debt restructuring. Will this reduce the volume of distressed assets? And how does this impact mid-market players competing with institutional giants like Blackstone and BlackRock? Tune in to hear my thoughts on the evolving landscape and share your insights. Is this the start of a new real estate cycle, or will fewer distressed assets make it harder for smaller players to grab a piece of the action? If you’re curious about where the multifamily market is headed, make sure to like this video and subscribe to the Multifamily Collective for more updates and expert insights.

Welcome back to the Multifamily Collective! In today's episode, I discuss my key takeaways from Blueprint 2024 in Las Vegas. This is the conference for anyone invested in PropTech and the built space. From tech innovators to investors and operators, Blueprint brings around 3,000 minds to spark conversations that lead to game-changing ideas. Last year, the room felt a bit tense, with an uncertain economy, rising interest rates, and VC funding drying up in PropTech. But this year? The energy was different, in a good way. It felt like the ice was finally starting to thaw. People are gearing up for new opportunities to invest in and deploy technology in multifamily and real estate. I'll be breaking down some of the most exciting insights from the event in upcoming posts, but let’s say things are looking up for now. If you’re serious about being on the cutting edge of multifamily or PropTech, Blueprint 2024 is the place to be—and I highly recommend budgeting for next year’s event! Don't forget to like, subscribe, and stay tuned for deeper insights into PropTech and multifamily leadership.

How to Raise the Bar in Multifamily: Elevating Every Experience What does it take to elevate every aspect of your business—your team, customers, and partners? Let’s break down a strategy to raise the bar and create unforgettable experiences. In today’s Multifam Collective episode, we dive into the art of raising the bar in your multifamily business. Inspired by Airbnb’s Brian Chesky, we explore how to continuously elevate the experience for your team members, customers, investors, and supplier partners. Chesky’s annual "Level 10" exercise pushes his team to think beyond the norm, and we’ll show you how to apply this same concept to multifamily. From envisioning the best possible customer service to creating standout employee experiences, we discuss how to push the boundaries with a scale that doesn’t stop at 10—it reaches for 11. This process is all about turning bold ideas into actionable plans that enhance every interaction within your organization. If you’re ready to raise the bar in your business, hit that like button and subscribe! Let us know in the comments what your version of a “Level 11” experience looks like in multifamily.

Challenging Convention in Multifamily: Strategies to Stay Cutting-Edge How do you challenge the status quo in an industry that’s constantly evolving? Today, we’re diving into two powerful strategies to keep your multifamily operations ahead of the curve. In this episode of Multifam Collective, we explore the concept of challenging convention in property management. Inspired by a recent conversation, we’ll look at how to break free from outdated processes and stay relevant in today’s fast-changing landscape. I’ll share two key strategies: forming an action committee to regularly review and refine your systems, and using a "red teaming" exercise to uncover potential threats to your business model. These approaches ensure your organization remains agile, innovative, and prepared for whatever the future holds. Whether you're aiming for the cutting edge or the bleeding edge, these methods will keep you sharp. If you found this episode helpful, hit the like button and subscribe for more insights into multifamily leadership and innovation. Have thoughts on challenging convention in your business? Share them in the comments below!

We’ve all had those days where life throws an unexpected curveball. You plan, prepare, and yet, something comes up that knocks you off course. So, how do you respond when things don’t go as planned? Let’s dive into it! In today’s video, we tackle the inevitable—those moments when circumstances challenge your plans and disrupt your flow. Whether it's in the world of Multifamily or PropTech, unexpected challenges are part of the game. But here's the twist: within those struggles lie the keys to personal and professional growth. We’ll talk about how to shift from reacting in frustration to responding with wisdom, and how each trial is a rep in building your leadership muscle. This isn’t just about getting through tough times; it’s about thriving because of them. Join us as we explore how embracing challenges can sharpen your leadership, make you more resilient, and help you guide your team through chaos with grace. If this message resonates with you, hit that like button and subscribe to the channel for more leadership insights in the Multifamily and PropTech space. Don’t forget to share your thoughts in the comments below—we’d love to hear how you’ve turned trials into triumphs!