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Trends Affecting Multifamily Communities

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Real estate development professional Frank Roessler brings nearly 10 years of experience to his role as the managing principal of Ashcroft Capital. Frank Roessler is responsible for a real estate portfolio that includes more than 2,600 units across 11 multifamily communities.

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Trends Affecting Multifamily Communities

  1. 1. Trends Affecting Multifamily Communities Frank Roessler
  2. 2. Introduction • Real estate development professional Frank Roessler brings nearly 10 years of experience to his role as the managing principal of Ashcroft Capital. Frank Roessler is responsible for a real estate portfolio that includes more than 2,600 units across 11 multifamily communities. Trends affecting the management of multifamily assets include an increase in the number of individuals seeking rental properties as opposed to those interested in purchasing houses. Compared to the same time period in 2015, the first quarter of 2017 saw a 10-percent increase in people seeking to purchase houses as opposed to renting. This means property managers need to increase their property’s perceived value in order to compete for the reduced number of renters. Integrating energy-efficient features is another trend, which aligns with consumers placing a priority on environmentally friendly properties. Additionally, residents are increasingly seeking electronic payment options for their monthly bills, including rent, as well as accommodations for package deliveries, such as secure on-site facilities where packages can be held until residents pick them up.

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