October was a great success. We raised much-needed PAC money from our Fall Golf Tournament and our first-ever, Fall Festival, enjoyed over 200 people coming out for a day of family fun and adventure. We have been working behind the scenes to continue to deliver the highest-quality networking... Continue Reading
Rents Continued Their Climb in the Third Quarter Average effective rent growth through the first half of the year for Greater Fort Worth was almost 7% on the back of skyrocketing apartment demand. Though net absorption slowed somewhat in the third quarter (Q3), rent growth continued its upward... Continue Reading
AATC has been around for over 50 years. It has been providing high-quality networking events to facilitate business development. If you don't know by now, this is a relationship business. Every event, committee, and educational class you attend serves the purpose of building those... Continue Reading
For most AATC members, mathematics means addition and subtraction (e.g., revenue minus expense equals net operating income; budget variances; effective rent; etc.). Math serves as a tool. Don't tell your asset manager, but their econometric models, algorithms, net present values, Reimann... Continue Reading
As a multifamily owner/operator, the past two years have been fiscally, physically, and emotionally draining. The old line about a crisis-building character is way overrated!! Given all the stress in 2020 and 2021, I can honestly tell you have learned a lot about myself, our industry, my... Continue Reading
AATC has recently tackled one of its most important roles by carefully considering and recommending within this article its 2022 leadership team. It was my privilege to chair this year's Nominating Committee discussion just last month – a task focused solely on selecting the Association's... Continue Reading
Once again, we held a fabulous Maintenance Mania event! Thank you to everyone who showed to both compete and cheer on your teams. Highmark Residential took top prizes by winning 5 of the 7 events. Kudos goes out to MAA and Integrated for rounding it out. Highmark Residential also took home the... Continue Reading
You are essential. There. We said it! Out loud, where everyone could hear it. How often over the past few months have you sat down and thought, “am I essential?” My guess is probably never! We KNOW we are essential. Every person that works on-site is essential to the overall success... Continue Reading
Once again, AATC will offer its selection of sponsorships for 2022 beginning Oct 15 @ 2 pm! Our Title Sponsor Auction will kick off on Friday, Oct 15 @ 2 pm and then our first-come, first-served items will go on sale starting Wed, Oct 20 @ noon. Don’t miss out! Details... Continue Reading
The REDBOOK contains a wealth of legal information for residential rent property owners and operators. You probably consult your REDBOOK when you have a question about the TAA Lease and addendums or if you have a fair housing or tricky eviction case. However, the REDBOOK is way more than... Continue Reading
Government budgets typically involve billions and/or trillions of dollars! Legendary Illinois United States Senator Everett Dirksen allegedly quipped “A billion here, a billion there, and pretty soon you're talking real money.” Whether apocryphal or not, Dirksen’s remark about... Continue Reading
New Construction Deliveries Continue Their Torrid Pace It’s been more than six months since checking in on the Greater Fort Worth new construction pipeline. Deliveries have continued to outpace recent years, and projects continue to be added to the overall pipeline almost at the pace of... Continue Reading
