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  • Join CXC Talent Solutions… March 3, 2021

    Join Apartment Careers in San Antonio this April for the TAA ONE Conference & Expo! [video width="800" mp4="https://cxctalent.com/wp-content/uploads/2020/12/Hire-Candidates-Faster-and-More-Efficiently-Using-the-CXCTalent-Candidvue-Platform..mp4"][/video] Make your plans now to attend the 2021 TAA ONE Conference & Expo April 14-16 in San Antonio for cost-effective professional development and networking.    Join your colleagues from around the state and nation, expand your professional network and pick up new solutions that will help you succeed.   

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  • Hiring And Recruiting Are… January 28, 2021

    Congratulations! You're on your way! Now that you found us, use this page to submit your information and our talent team will assist you in finding a new position in the apartment industry! We’re anxious to help, and you’ve definitely come to the right place. Step 1 – Complete the preliminary online application. Step 2 – A staffing manager will review your application and be in contact with you. Please be prepared for a 5-10 minute phone interview. EMPLOYMENT APPLICATION Take a moment to fill out the form below, it will help out team when reviewing your skills and matching it to the positions available. [formidable id=2 title=true description=true]

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  • RealPage presents 2021 market… January 20, 2021

    recently presented a webinar forecasting the likely trends for the multifamily housing market over the next two years. Presenters were Greg Willett, Chief Economist, and Adam Couch, Market Analyst. The webinar spent significant time reviewing the performance of the multifamily housing market in 2020 in order to set the stage for what they expect to come. Some of this is material that was covered in , and will not be discussed here. This article focuses on RealPage’s view of what lies ahead. Employment drives the economy RealPage reported that the recovery of the huge number of jobs lost to the pandemic-inspired shutdowns is only half complete. There are still 9.2 million net jobs that have disappeared from the economy. RealPage based their forecasts for the next two years on the economy recovering 5 million jobs in 2021, mostly in the second half of the year, and another 2 million jobs in 2022. The apartment industry enters 2021 with overall occupancy running at a relatively healthy 95.6 percent, according to RealPage. By apartment class, occupancy is 94.6 percent in Class A properties, 95.7 percent in Class B properties and 96.3 percent in Class C properties. However, there is a huge pipeline of new product on the way and this is likely to put pressure on occupancy. The first chart, below, shows the RealPage forecast for new product deliveries over the next two years. While deliveries in 2020 hit a recent high, 2021 deliveries are expected to go even higher, reaching a little over 400,000 units. RealPage..

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  • Jobs market stalls at… January 20, 2021

    By Two recent reports from the (BLS) describe the current labor situation. They are the Employment Situation Report for December and the Job Openings and Labor Turnover (JOLT) report for November. They show a stagnant labor market. Total employment stagnant The BLS reported that the US unemployment rate remained at 6.7 percent in December, despite a drop of 140,000 in total non-farm employment. Note that the total labor force is nearly 150 million people. The labor force participation rate remained unchanged for the month at 61.5 percent of the adult population. The BLS also reported more detailed employment information on three job categories of interest to the multifamily industry. These are employment as residential construction workers, as residential property managers and as lessors of residential buildings. As usual, this more detailed data was reported with a month delay, so the latest figures are for the month of November. The first chart, below, shows the employment in these job categories relative to their levels in January 2019. The chart shows that residential construction employment has rebounded strongly from the low point it reached in April as the economy was shut down. The preliminary figure for November shows a small increase in employment for the month, the seventh month in a row where residential construction employment has grown. Employment in this category is also 0.6 percent higher than its level in November 2019. Employment for residential property managers has recovered more strongly, but less evenly, than has residential construction employment. The preliminary figure for November puts employment..

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  • NATIONAL APARTMENT ASSOCIATION ~… January 20, 2021

    Dear NAA Members, Earlier this evening, President-elect Biden revealed details of The American Rescue Plan, a sweeping COVID-19 relief package that includes several provisions of note for the rental housing industry. Of primary concern is a drastic federal eviction moratorium, to be in effect through September 30, 2021. On a positive note, the package also includes funding for $25 billion in rental assistance, $1,400 per-person stimulus checks for qualifying households and enhanced unemployment benefits. The President-elect did recognize the millions of struggling mom-and-pop rental housing owners and operators and claimed that his proposals will also be an “economic bridge to recovery.” However, as the apartment industry well knows, some level of federal eviction moratorium has been in place for nearly a year and targeted, direct rental assistance did not arrive until nine months after the pandemic began. More help is needed, and it is needed now without an eviction moratorium attached. While we applaud the Biden Administration for calling on Congress to pass further rental assistance, action must be taken immediately. We call upon Congress to enact additional rental assistance without delay, so that rental housing providers of all portfolio sizes may be made whole and can continue operations – keeping America’s 40 million renters safely housed while the pandemic continues to rage. Additionally, we urge Congress to avoid any extension of any eviction moratorium, which only cripples housing providers, hurts housing affordability and harms the very Americans it seeks to protect. As always, NAA will continue aggressively advocating for policies that meet the unique needs..

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  • TAAEF’s “Be the Next… January 11, 2021

    By Becca Ramati, TAAEF Vice President Dec. 8, 2020 Synopsis As part of the Room to Grow campaign, the Texas Apartment Association Education Foundation is again launching the “Be the Next Room to Grow Ambassador” video challenge—this time for maintenance professionals only! Key takeaways The “Be the Next Room to Grow Ambassador” initiative is an internal video challenge for industry employees in maintenance positions to tell us their stories and to be an Ambassador for the industry. Submissions will be accepted beginning on January 4 and the process is easy—simply record a short video of yourself telling us who you are, what you do and what you love about your job. Encourage your friends and maintenance staff to submit a video, too—one of you just might be our next ambassador! By popular demand, the Texas Apartment Association Education Foundation is excited to bring back the “Be the Next Room to Grow Ambassador” video challenge, part of the campaign. This year the campaign is focusing on maintenance professionals, the often-unsung heroes of the multifamily industry who keep properties in working order and safe. Not only do they keep things running smoothly, they also help our residents feel at home. Maintenance is the #1 need when it comes to recruiting and staffing for multifamily properties. TAAEF hopes this focus on maintenance provides more stories to share that resonate with Texans looking for not just a job but a career. To participate in this year’s “Be the Next Room to Grow Ambassador” video challenge, submit your video between..

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  • Cybersecurity on the Frontlines… January 11, 2021

    December 15, 2020Securing apartment community networks involves more than just phishing tests. By Jeffrey Kok As onsite processes continue their rapid advance toward digital, multifamily housing organizations have increasingly focused on cybersecurity in recent years. Companies are taking cybersecurity more seriously at the board level as investors have pushed for more stringent data-privacy measures, and many of the practices are funneling to the site level, especially with the emergence of the Internet of Things (IoT). But significant gaps remain in the industry’s grasp of cybersecurity and data privacy effectiveness and how to improve it. That is regularly evident in the incomprehensive contracts written throughout the industry by different providers. In addition, 80 percent of observed cyberattacks used vulnerabilities reported and registered in 2017 and earlier, according to data from Entrata. More than 20 percent of the attacks exploited vulnerabilities that are at least 7 years old. While the industry has taken steps to promote cybersecurity awareness in several areas, particularly regarding phishing attacks and ransomware, a large part of the shift has been reactive. For instance, when new legislation is introduced—such as the California Consumer Privacy Act (CCPA)—companies are only then more likely to focus on how their data privacy and cybersecurity practices are being upheld. As 2020 has brought a host of new threats from opportunistic infiltrators, many organizations don’t yet have a comprehensive understanding of contract law and the company’s obligation to further secure data. Legal teams are helping to bring awareness to existing and forthcoming threats, but it remains in the early..

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  • Lessons from Single Family:… January 11, 2021

    December 21, 2020 In the era of COVID-19, self-guided tours have moved from forward-looking innovation to necessity, with the early adopting single-family market offering a roadmap for multifamily professionals.  By Samantha Chalmers Before COVID-19, self-guided tours were a cautiously adopted solution throughout the multifamily housing industry. But as panelists discussed in the session, “Lessons from Single Family” at APTvirtual, single-family housing was an early adopter that experienced significant success with this touring model. The path of that experience provides an effective roadmap for multifamily operators as COVID-19 accelerates adoption of self-guided tours throughout the industry. The effectiveness of that roadmap is found in the data from single-family self-guided tours that indicates that residents frequently utilize self-touring, which also shortens the lead to lease conversion timeline.  “Customers want to be able to find information about an apartment community in any way that they want,” explained Todd Katler, CEO and founder of Anyone Home. “Operators who allow prospects to trade in their own currency will see the benefits of providing multiple platforms in the form of increased conversion and accelerated leasing velocity.” According to an analysis of the 2018 leasing activity of Anyone Home’s single-family clients, 61.3% of prospects who booked a tour chose only a self-guided one, while 30.1% chose only a tour with an associate and 8.6% booked both tour types. Those who used self-guided tours converted to a lease at nearly twice the rate—9.3 % vs. 5%—than those who didn’t. Single-family prospects who completed a self-guided tour at any point in the leasing process..

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  • Explaining the Breakdown of… January 11, 2021

    January 4, 2021There exists a misconception that rental housing owners enjoy large margins and can continue operating in the absence of rent payments, and with so much discussion around rents during COVID-19, the National Apartment Association (NAA) has released resources that help explain the breakdown of $1 of rent. Because education is an effective way to counter harmful public policy and negative industry stereotypes, NAA offers this explanatory and companion breaking down a dollar of rent into its component parts. The apartment industry must help society understand the benefits of rent payments for all Americans, whether or not they reside in rental housing. From supporting 17.5 million jobs to the dollars reinvested into apartment communities to ensure quality living for more than 40 million residents, and through paying property taxes that finance schools, emergency services and other local needs to investor returns that include public pensions and 401(k)s, a rent payment is much more important than one might otherwise realize.

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