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2018 Multifamily Leadership Magazine 4th Edition

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SUMMIT <strong>2018</strong><br />

THE FUTURE OF MULTIFAMILY<br />

WHERE INNOVATION, TECHNOLOGY,<br />

AND LEADERSHIP CONVERGE


CONTENTS<br />

4 Recognizing Greatness in<br />

<strong>Multifamily</strong><br />

6 8 Key Areas of the Best<br />

Places to Work<br />

<strong>Multifamily</strong> Program<br />

8 Using Innovative Designs<br />

to Create Affordable<br />

Housing Solutions<br />

16 The Process: Best Places<br />

to Work <strong>Multifamily</strong><br />

Credible Research<br />

17 2019 Winning Company<br />

Profiles<br />

86 Employee Benchmark<br />

Reports & Data<br />

107 Meet <strong>Multifamily</strong> Housing’s<br />

Newest Influencer:<br />

Generation Z<br />

116 Smart Questions for<br />

Smart Apartments<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

2


THE FUTURE OF MULTIFAMILY<br />

Join me as we show the world that we can “Make an Impact<br />

through Mutlfiamily Success.”<br />

Our industry will go through rapid changes while new technologies<br />

bombard our communities. There is no better time to<br />

discover what it will take to lead the next generation of leaders.<br />

Talent is our last real competitive advantage and in times of uncertainty<br />

or rapid change, employee engagement can be the only<br />

real differentiator.<br />

Technology is changing the world and a leader’s toughest decisions<br />

are around people and their changing roles in an organization.<br />

The <strong>Multifamily</strong> Executive of the Future will need to bring<br />

<strong>Multifamily</strong> Real Estate fundamentals together with innovation,<br />

technoogy, and leadership.<br />

Join me in celebrating the 2019 Best Places to Work Multifmily<br />

Publisher<br />

Patrick Antrim<br />

480-719-4409 ext. 101<br />

patrick@multifamilyleadership.com<br />

Editor in Chief<br />

Carrie Antrim<br />

480-719-4409 ext. 102<br />

carrie@multifamilyleadership.com<br />

Subscriptions<br />

http://multifamilyleadership.com/join<br />

Reprints<br />

To request reprints, email:<br />

carrie@multifamilyleadership.com<br />

Licensing<br />

Email: contact@multifamilyleadership.com<br />

<strong>Multifamily</strong> <strong>Leadership</strong>, LLC<br />

20885 N. 90th Place<br />

Suite 120<br />

Scottsdale, AZ 85250<br />

Web: multifamilyleadership.com<br />

Phone: 480-719-4409<br />

Email: contact@multifamilyleadership.com<br />

All rights to the content of this magazine are owned in full by <strong>Multifamily</strong> <strong>Leadership</strong>, LLC and may not be reproduced in full or part without written permission from publisher. Neither the publisher, nor any of<br />

its agents, officers, or affiliates may be held responsible for errors or accuracy of information provided by partipating companies or advertisers.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

3


ANTHONY WONDERLY & CHANDLER WONDERLY<br />

PRINCIPALS | OLYMPUS PROPERTY<br />

REGISTER TODAY AT<br />

BESTPLACESTOWORKMULTIFAMILY.COM<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

4


RECOGNIZING<br />

GREATNESS<br />

IN MULTIFAMILY<br />

Our “Best Places to Work <strong>Multifamily</strong>”<br />

program results in significant organizational<br />

benefits for all who participate.<br />

Whether or not you think your organization would<br />

receive a “Best Place to Work <strong>Multifamily</strong>” distinction,<br />

we encourage you to participate. Gathering feedback<br />

from your employees will provide you with a baseline so<br />

you can see where your organization can improve.<br />

PHOTO CREDIT: JEN BERTRAND<br />

When an organization appears on the “Best Places<br />

to Work <strong>Multifamily</strong>” list, management, employees,<br />

and other stakeholders feel an overwhelming sense of<br />

pride within the organization. The “Best Places to Work<br />

<strong>Multifamily</strong>” award affirms an employee’s sense of<br />

belonging within the organization, therefore increasing<br />

employee engagement and retention. Organizations<br />

named to the “Best Places to Work <strong>Multifamily</strong>” list<br />

can see a tremendous impact on any marketing they<br />

conduct. They can use the distinction to enhance their<br />

employee recruiting efforts, increase effectiveness of the<br />

organization’s marketing to reach residents, and improve<br />

their reputation in the community, state, or industry.<br />

BEST PLACES TO WORK<br />

MULTIFAMILY<br />

The results of the survey process prove an invaluable tool for any<br />

participating organization, even if they do not make the list. After<br />

completion of the survey process, all participating organizations<br />

have the option to receive the Employee Feedback Report,<br />

which includes employee feedback for each survey question,<br />

employee comments, and aggregate organizational benchmarks.<br />

Benchmarking data allows organizations to compare their scores<br />

to the overall averages of both the list-making organizations as<br />

well as all program participants. To conduct this kind of in-depth<br />

research independently would normally cost between $5,000<br />

and $10,000 in consulting fees.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

5


KEY AREAS<br />

OF THE BEST PLACES TO WORK<br />

TM<br />

MULTIFAMILY PROGRAM<br />

1<br />

LEADERSHIP AND PLANNING<br />

2<br />

CULTURE AND COMMUNICATION<br />

3<br />

ROLE SATISFACTION<br />

4<br />

WORKING ENVIRONMENT<br />

5<br />

RELATIONSHIP WITH SUPERVISOR<br />

6<br />

TRAINING AND DEVELOPMENT<br />

7<br />

PAY AND BENEFITS<br />

8<br />

OVERALL ENGAGEMENT<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

6


How does<br />

your company<br />

compare?<br />

Check out the 2019 winning<br />

company profiles and register to<br />

participate in the Best Places to<br />

Work <strong>Multifamily</strong> program.<br />

Gathering<br />

information from<br />

your employees<br />

will provide you with a baseline<br />

so you can see where your<br />

organization can improve.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

7


CO-DWELL COURTYARD<br />

Residential entries face the interior courtyard and walkways which support<br />

social connections and security in KTGY Architecture + Planning’s R+D Studio’s<br />

Co-Dwell concept for co-living communities. Large folding doors provide a<br />

direct connection between Co-Dwell’s grand kitchen and courtyard to provide<br />

an indoor-outdoor experience for residents. (Image credit: KTGY Architecture<br />

+ Planning’s R+D Studio)<br />

By: Manny Gonzalez , FAIA, LEED AP | Photo: KTGY Architecture + Planning’s R+D Studio<br />

USING<br />

INNOVATIVE<br />

DESIGNS<br />

TO CREATE<br />

AFFORDABLE<br />

HOUSING<br />

SOLUTIONS<br />

Despite modest wage<br />

growth, a recent report by<br />

the National Low-Income<br />

Housing Coalition (NLIHC)<br />

revealed that no American<br />

state, city, or county’s fair<br />

market rent is affordable<br />

for a minimum wage worker.<br />

The report estimates<br />

that the U.S. has a shortage<br />

of 7.2 million rental homes<br />

affordable and available<br />

to extremely low-income<br />

renters, whose income is<br />

at or below the poverty<br />

guideline or 30 percent of<br />

their area median income.<br />

Most low-income households<br />

spend far more than<br />

the commonly advised 30<br />

percent of their income on<br />

rent alone. Such severe rent<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

8


Manny Gonzalez, FAIA, LEED AP is the managing prinipal<br />

with the Los Angeles office of KTGY Architecture + Planning<br />

and a member of the firm’s board of directors.<br />

burden leaves low-income<br />

renters with insufficient financial<br />

resources for other<br />

necessities, such as trans-<br />

potential for low-income<br />

households to break the<br />

cycle of poverty. What can<br />

be done to serve these<br />

KTGY Architecture + Planning’s<br />

R+D Studio has introduced<br />

several innovative<br />

housing design concepts<br />

that could be used to address<br />

the issue of affordable<br />

housing. KTGY’s R+D<br />

co-living concept, called<br />

“Co-Dwell,” is designed to<br />

accommodate a broad mix<br />

portation, food, healthcare,<br />

low-income<br />

households?<br />

of household compositions.<br />

childcare, retirement savings,<br />

and education. Thus,<br />

the decreasing availability<br />

and affordability of rental<br />

housing in every major<br />

city is diminishing the<br />

Although today’s co-living<br />

culture is still relatively new,<br />

the principles of and resources<br />

provided by co-living<br />

have a lot to offer low-income<br />

communities.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

9


“Shared amenities<br />

are located on the<br />

first floor and the<br />

residential units<br />

are located above.”<br />

PARK HOUSE<br />

KTGY Architecture + Planning’s R+D Studio’s Park House concept, which<br />

proposes combining shipping containers with unused parking structures to<br />

create apartment homes, is a possible solution for what will certainly be a<br />

paradigm shift in car culture in the United States. (Image credit: KTGY Architecture<br />

+ Planning’s R+D Studio)<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

10


THE DESIGN CONCEPT<br />

CENTERS AROUND A<br />

COMMON KITCHEN<br />

AND LIVING ROOM<br />

In addition to lower rents<br />

than apartments with comparably<br />

sized units, thoughtfully<br />

designed co-living<br />

communities offer low-income<br />

residents savings on<br />

tools. Household amenities<br />

and community programming<br />

in common areas can<br />

even potentially save residents<br />

money on social or<br />

fitness activities. Furthermore,<br />

living in collaboration<br />

with an active and intergenerational<br />

community<br />

encourages sharing other<br />

supportive services, such<br />

as child and elder care, skills<br />

training, and carpooling.<br />

shared utilities, groceries,<br />

and household supplies and<br />

Co-Dwell’s<br />

four-bedroom<br />

plan with a shared kitchen<br />

and living area makes space<br />

for a variety of combinations<br />

of single adults, families of<br />

various sizes, and couples,<br />

all while offering lower rents<br />

to residents. Co-Dwell unit<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

11


plans are also designed to find a balance<br />

between private and shared space, and<br />

thoughtfully designed community spaces<br />

encourage interpersonal connection, mutual<br />

support, and resource sharing. The design<br />

concept for each plan centers around a<br />

common kitchen and living room. Two private<br />

wings, each with two bedrooms and<br />

one shared bathroom, branch off the common<br />

kitchen and living space. Each wing<br />

has its own individual entry off the walkway<br />

and can be closed off from the common<br />

area with sliding doors to add another layer<br />

of privacy.<br />

Shared amenities are located on the first<br />

floor and the residential units are located<br />

above. There are four units per level with a<br />

“WHILE SITE WORK AND<br />

FOUNDATIONS ARE BEING<br />

CONSTRUCTED ONSITE,<br />

THE MODULES ARE<br />

MANUFACTURED OFF-SITE<br />

REDUCING CONSTRUCTION<br />

TIME, WHICH IN TURN,<br />

REDUCES COST.”<br />

HOPE ON ALVARADO<br />

Hope on Alvarado, designed by KTGY Architecture + Planning, uses standard<br />

shipping container-sized modular units to create a modern and affordable<br />

transitional housing community for the Los Angeles homeless population. The<br />

building is constructed around a central courtyard, providing privacy, safety<br />

and a deepened sense of community.<br />

(Image credit: KTGY Architecture + Planning)<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

12


total of 48 rentable bedrooms in the community.<br />

Open stairways and interior facing<br />

walkways promote social interaction with<br />

neighbors and help to create a sense of security.<br />

Another residential design solution from<br />

KTGY’s R+D Studio is Park House, which not<br />

only repurposes under-utilized parking garages<br />

for much-needed housing, but does<br />

so by using shipping containers that can<br />

simply be “plugged in” to maximize efficiency<br />

and minimize the disruption to the existing<br />

context.<br />

The Park House design concept has two unit<br />

types, a one-bedroom unit comprised of<br />

three shipping containers, and a two-bedroom<br />

unit comprised of three containers<br />

with a prefabricated extension. For example,<br />

using a parking structure that once<br />

provided 1,091 parking stalls, Park House<br />

proposes a 119-unit residential building<br />

with a density of 79.87 dwelling units per<br />

acre. With some modifications to the existing<br />

structure, the original utilitarian structure<br />

transforms into a building that’s hardly<br />

recognizable as its past function.<br />

KTGY currently has a half-dozen projects<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

13


utilizing modular construction in various stages of design.<br />

It’s just one of the alternatives for housing that KTGY is<br />

designing as a solution for rising construction and housing<br />

costs. KTGY is preparing to break ground on Hope on<br />

Alvarado, a modular residential building that will provide<br />

transitional housing and social services for homeless individuals<br />

in Los Angeles. KTGY is using standard shipping<br />

container-sized modular units to save transportation costs<br />

for what will be a five-story building organized around a<br />

central courtyard, providing privacy, encouraging safety<br />

and a sense of community.<br />

While site work and foundations are being constructed<br />

on-site, the modules are manufactured off-site reducing<br />

construction time, which in turn, reduces cost.<br />

Apartments are created using several modules that<br />

are manufactured to include the doors and windows,<br />

the exterior metal skin, and interior fixtures and finishes.<br />

Modules are transported by truck to the site<br />

where a crane will be used to fit and stack them together<br />

into the single doughnut-shaped building. Expansive<br />

glazing distinguishes the support-services office space on the ground-level, activating<br />

the street and engaging the community. Located within the building, parking<br />

spaces will be provided for social services staff and each resident will have a bike-storage space.<br />

Other solutions include micro-units, workforce housing, adaptive reuse and other areas that are<br />

sparking design innovation. “Necessity may be the mother of invention,” but it will take innovative<br />

designs to solve the necessity of creating affordable housing solutions.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

14


Yardi congratulates our clients awarded the<br />

2019 Best Places to Work <strong>Multifamily</strong> <br />

We can’t wait to see what you do next.<br />

800.866.1144<br />

Yardi.com<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

15


THE PROCESS<br />

1<br />

You can register through the program<br />

website by the program registration<br />

deadline.<br />

6<br />

You will receive notification as<br />

to whether or not your company<br />

made the list.<br />

2<br />

The research team sends confirmation<br />

of registration and instructions to you<br />

within 24 hours of submission, creates<br />

and sends invoices for program costs<br />

within 30 days.<br />

7<br />

You will receive an Employee<br />

Feedback Report within a<br />

month of receiving the notification.<br />

3<br />

You will complete the first part of<br />

the survey process, the Employer<br />

Benefits and Policies Questionnaire<br />

(EQ), where the research team<br />

gathers important information about<br />

organization policies, practices and<br />

demographics.<br />

8<br />

<strong>Multifamily</strong> <strong>Leadership</strong> then<br />

produces a special publication<br />

highlighting organizations<br />

named to the “Best” list,<br />

and holds a special awards<br />

gala to reveal the rankings<br />

at the annual <strong>Multifamily</strong><br />

<strong>Leadership</strong> Summit.<br />

4<br />

5<br />

Your employees complete surveys<br />

via online or traditional paper<br />

survey methods, according to the<br />

your selection at registration.<br />

When the survey process ends,<br />

Best Companies Group sorts and<br />

analyzes the gathered data and<br />

determines the “Best Places to Work<br />

<strong>Multifamily</strong>” list.<br />

If you want to know<br />

if it’s a great place<br />

to work, you ask<br />

the people who<br />

work there.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

16


2019<br />

Winning Company Profiles<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

17


RANKED #1 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

The Management Group, LLC<br />

7000 Peachtree Dunwoody Road NW | Building 14 | Atlanta, Georgia 30328 |<br />

tmg-living.com<br />

Live<br />

Life<br />

Well<br />

TMG leverages individuals’<br />

experience<br />

from varying secotrs<br />

to promote growth.<br />

The Management Group,<br />

LLC (TMG) is a full service<br />

real estate asset management<br />

provider. Comprised<br />

of professionals from the<br />

multifamily, retail, construction<br />

and development sectors,<br />

TMG is dedicated to<br />

leveraging technology and<br />

best practices across sectors to simplify every interaction<br />

between their service and the end customer.<br />

Guided by the principle that simpler is better, The<br />

Management Group’s mission is to increase the<br />

core value of managed real estate assets by leveraging<br />

technology and innovation to streamline operations<br />

and improve the customer experience.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

18


WHAT MAKES THEM GREAT<br />

They Have Fun<br />

To relieve workday stress and promote a culture<br />

of fun, The Management Group, LLC hosts<br />

video contests with amazing prizes and will<br />

surprise their team members by closing the<br />

office and treating them to lunch.<br />

The TMG Difference<br />

What makes The Management Group, LLC different<br />

from other management companies is<br />

that <strong>Leadership</strong> Development is a priority at<br />

TMG. Their philosophy is to identify talent and<br />

bolster it with training in order to provide the<br />

most opportunities for team member success.<br />

Taking Care of People, Profits Follow<br />

Having Owner and Senior Management support is necessary<br />

but it also takes a commitment to planning and execution<br />

for Employee Events and Programs on a consistent, regular<br />

basis.<br />

They Recognize and Reward their Teams<br />

Team members at TMG receive consistent recognition<br />

for performance. The Senior Team<br />

regularly visits and approaches each visit with,<br />

“what can we do to help you do your job easier/better?”<br />

They are very open to suggestions.<br />

They listen.<br />

Their focus is<br />

people centered<br />

As a team-member-focused organization, they<br />

are well aware that when they consistently<br />

nurture and pay attention to their valued team<br />

members, all other processes fall into place.<br />

They are mindful of the stresses their team<br />

members may encounter and look for solutions<br />

to make their job fun and easier. It takes<br />

more than one event per year for this recipe;<br />

regular events and recognition are the key ingredients<br />

to a healthy team environment.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

19


RANKED #2 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Olympus Property<br />

500 Throckmorton St. | Ste. 300 | Fort Worth, Texas 76102 | olympusproperty.com<br />

Innovation<br />

and<br />

Growth<br />

Olympus Property not<br />

only cares about their<br />

residents and associates,<br />

but also their<br />

community.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

20<br />

Olympus Property is an<br />

innovative and growing<br />

full-service multifamily investment<br />

and property<br />

management organization<br />

headquartered in Fort<br />

Worth, Texas. They were<br />

founded in 1992 with the<br />

intent to become a leader<br />

in the multifamily real<br />

estate business by providing<br />

superior living environments and unparalleled<br />

service. Through the collective talent and extreme<br />

discipline of their teams, entrepreneurial management,<br />

and leadership strength, they are able to<br />

achieve improved quality of life for their customers<br />

and profitable investments for their partners.<br />

Their valued team members experience the creative<br />

form of their existence and exceptional outline of what<br />

they stand for - first-rate results for their residents.<br />

They believe every individual offers something different,<br />

thus allowing their business to exceed all others.


WHAT MAKES THEM GREAT<br />

Teamwork<br />

With respect, they work together to accomplish<br />

goals and continuously improve.<br />

Trust<br />

With integrity, they hold themselves accountable<br />

to the highest ethical standards while making<br />

decisions for their customers, investors,<br />

and each other.<br />

Family<br />

Olympus Property truly cares about every person<br />

on an individual level. Coming into a job<br />

where you feel like you are part of a family and<br />

not just a number is a very rare thing to find.<br />

With heart, they care about their associates<br />

and partners and recognize everyone’s contribution<br />

to success.<br />

Customer-Centered<br />

With gratitude, they deliver value and extraordinary<br />

customer service to their residents at all<br />

times.<br />

Fun<br />

With happiness, they smile, laugh, and celebrate<br />

working at Olympus together.<br />

More Than Just A<br />

Place To Live<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

21


RANKED #3 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

The Bascom Group<br />

26 Corporate Park Drive | Ste. 200 | Irvine, California 92606 | bascomgroup.com<br />

A Culture<br />

of Growth<br />

and Development<br />

The Bascom Group, LLC is a<br />

private equity firm specializing<br />

in value-added multifamily,<br />

commercial, and<br />

non-performing loans and<br />

real estate related investments<br />

and operating companies.<br />

Bascom sources<br />

value-added and distressed<br />

properties including many<br />

through foreclosure, bankruptcy, or short sales and<br />

repositions them by adding extensive capital improvements,<br />

improving revenue, and reducing expenses by<br />

realizing operational efficiencies through implementation<br />

of institutional-quality property management.<br />

Bascom, founded by principals Jerry Fink, David<br />

Kim, and Derek Chen, is one of the most<br />

active and seasoned buyers and operators<br />

of apartment communities in the U.S.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

22


WHAT MAKES THEM GREAT<br />

Team Building and Incentives<br />

Bascom holds various company events. Some<br />

are competitive with generous prizes (i.e bowling,<br />

ping pong, and badminton tournaments).<br />

Some focus on team building (ziplining, camping,<br />

dinners), and some are educational (safety<br />

awareness, negotiations class).<br />

Benefits and Growth<br />

Bascom gives employees generous vacation<br />

benefits and year-end bonuses to employees.<br />

Employee growth and development is a main<br />

focus for the company.<br />

Bascom executes active management<br />

across all projects which incorporates innovation,<br />

entrepreneurship, and technology.<br />

Giving Back<br />

Bascom encourages employees to join<br />

non-profit boards, and has a one to one volunteer<br />

hours to vacation policy. For every hour<br />

spent giving back, employees earn an hour of<br />

vacation.<br />

Keeping Things Fun<br />

Bascom has a ping pong table, fooseball table,<br />

hockey table, xbox, and retro video arcade machine.<br />

Amazing Culture<br />

Bascom has created an amazing workplace<br />

culture by providing educational seminars and<br />

mentorship for employees, hosting company<br />

team building events, encouraging volunteering<br />

with local non-profit organizations, and<br />

having healthy work-life balance practices.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

23


RANKED #4 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Apartment Dynamics<br />

PO Box 1 | High Point, North Carolina 27261 | aptdynamics.com<br />

Building<br />

Value<br />

With<br />

Dynamic<br />

People<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

24<br />

Apartment Dynamics began<br />

in 1996 as a training and<br />

consulting firm. They have<br />

grown steadily and strategically,<br />

with the goal of growing<br />

only as fast and as far as<br />

they can maintain their culture<br />

all the way to the end<br />

user. They now manage<br />

over 2,300 multifamily units<br />

in North and South Carolina.<br />

Without exception they have improved the Net Operating<br />

Income of every asset managed, even in economic<br />

downturns. In part, this is the result of well-planned<br />

value add strategies and strong, creative marketing.<br />

But no matter how good the planning, it could never<br />

be accomplished without a team of skilled, caring and<br />

fully engaged team members! At Apartment Dynamics<br />

they often say they are surrounded by greatness,<br />

referring to the employees who bring about the excellent<br />

results their investors experience. They respect<br />

their employees as the trusted experts in their fields.


WHAT MAKES THEM GREAT<br />

Training and Education are Key<br />

Apartment Dynamics encourages and invites<br />

team members to attend their state’s Education<br />

and Legislative Conference each year in<br />

order to stay current on today’s issues.<br />

Always Accessible<br />

The owners strive to be always accessible to<br />

their team members in order to get answers<br />

and resources quickly to those who need them.<br />

They also know all team members by name.<br />

100% Benefits<br />

Dynamic Training and Marketing<br />

They have improved the NOI of every property they’ve managed.<br />

Even during economic downturns, income has grown<br />

year by year through well-planned value-add strategies,<br />

strong marketing and property positioning, and excellent recruitment<br />

of teams.<br />

They offer great benefits including 100% paid<br />

health/disability/life/dental insurance and<br />

generous PTO plan.<br />

They Support the Maintenance Team<br />

They have a maintenance tool program where<br />

they pay for major tools that are sometimes<br />

out of a team member’s budget. They reimburse<br />

half by payroll deduction, and after a<br />

year, they own the tools. It’s a win-win!<br />

“When people ask how we continually<br />

improve results even in<br />

tougher economies, we say unequivocally<br />

that we are surrounded<br />

by greatness! Our employees are<br />

the key to our success!”<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

25


RANKED #5 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Carter-Haston Real Estate Services, LLC<br />

3301 West End Avenue | Ste. 200 | Nashville, Tennessee 37203 | carterhaston.com<br />

Taking care<br />

of people<br />

Their management<br />

philosophy begins<br />

with a commitment<br />

to care for each<br />

other.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

26<br />

This company was founded<br />

on the principal that people<br />

are truly at the epicenter<br />

of their business. While<br />

most companies focus on<br />

a “top down” management<br />

style, they continually remind<br />

themselves that their<br />

success is a direct result of<br />

the quality communities<br />

they provide to residents.<br />

The leaders know that financial success is a byproduct<br />

of placing total focus on communities and staff<br />

- treating everyone in the organization like family.<br />

Even as they grow, the focus remains on the culture<br />

and the people, NOT on the bottom line. Of course<br />

they are a business and must be profitable, but<br />

their leaders know there must be balance between<br />

making a profit and cultivating long-lasting relationships.<br />

Trust and accountability, empathy and dedication,<br />

hard work and common sense - these are<br />

the ideals they cultivate across the entire company.


WHAT MAKES THEM GREAT<br />

Highest Emphasis on Culture<br />

They believe their success has been built upon<br />

their responsiveness to relationships and their<br />

ability to act upon them with integrity.<br />

They Make Themselves Available<br />

In an age where everything is electronic and<br />

staff is all over the country, the owners make<br />

themselves available to every person employed<br />

at Carter-Haston.<br />

“Our employees are the biggest asset we have,<br />

and we are invested in making them healthy,<br />

happy and successful! Our company is a large<br />

family – we are motivated to do the best for each<br />

other and for Carter-Haston. This culture and our<br />

people are truly what sets us apart!!”<br />

- Allyson Andrews , Vice President of Operations<br />

Effort is Appreciated<br />

The owners of Carter-Haston make time to<br />

thank and focus on the “boots on the ground”<br />

site staff because they know without them,<br />

they would not be successful.<br />

Wine Down Wednesday<br />

<strong>Leadership</strong> joins the site staff at one of their<br />

properties close to the corporate office to enjoy<br />

a glass (or two, or three) for a mid-week<br />

jump start and to catch up with each other.<br />

Do-Gooders<br />

Every office selects a local agency that needs<br />

voluteers (food pantry, veterans, schools,<br />

churches, anywhere!) and commits to helping<br />

in any way they can on a regular basis.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

27


RANKED #6 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Presidium Property Management<br />

3100 McKinnon| Dallas, Texas 75201 | presidiumre.com<br />

Innovation<br />

Integrity<br />

Persistence<br />

Family values make<br />

Presidium Property<br />

Manaement a standout<br />

in today’s industry.<br />

From humble beginnings<br />

in 2003, Presidium has<br />

grown to over 300 team<br />

members and over 70 assets<br />

under management,<br />

valued in excess of $1.5 billion.<br />

Today, the firm’s portfolio<br />

consists of 13,000+<br />

multifamily units, two office<br />

buildings, two retail<br />

centers, and a number of development sites at<br />

various stages of planning and development.<br />

Presidium’s team is distinguished by the diversity,<br />

depth and character of its people. We are highly motivated<br />

individuals who have a unique willingness to<br />

work with, and for, each other. Innovation, integrity,<br />

persistence, honesty and basic common sense are the<br />

hallmarks of our organization. As a company, Presidium<br />

invests time, money and creativity in everything we do.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

28


WHAT MAKES THEM GREAT<br />

They Are Fun<br />

Team members engage in silly office pranks and<br />

are provided surprise treats in lounge, movies<br />

and popcorn in the conference room. They also<br />

have monthly Happy Hours, office lunches and<br />

breakfasts, jersey day, and baby picture contests.<br />

<strong>Leadership</strong> Support<br />

Upper management is very approachable and<br />

will stop what they are doing to assist any team<br />

member, any time.<br />

Presidium’s team members are the backbone<br />

of this amazing company, and we would not be<br />

the company that we are today without our fun,<br />

dedicated, and hardworking Presidium Family.<br />

Custom Workspaces<br />

Team members have the ability to customize<br />

their own work space with decor, a standing<br />

desk, a medicine ball chair, and other fun options.<br />

Set Up For Success<br />

They provide job shadowing opportunities for<br />

every team member in all departments - great<br />

learning experience!<br />

Growth Potential<br />

Every team member’s personal and professional<br />

growth is a priority. The opportunities are endless!<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

29


RANKED #7 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

The RADCO Companies<br />

400 Galleria Parkway | Ste. 1200 | Atlanta, Georgia 30339 | radco.us<br />

Forward-<br />

Looking<br />

Innovators<br />

People are RADCO’s<br />

most valuable assets<br />

and are treated as<br />

such.<br />

The RADCO Companies<br />

(RADCO) challenges the<br />

conventions of real estate<br />

investment by creating exceptional<br />

opportunities for<br />

our partners, empowering<br />

our employees, and fulfilling<br />

a distinct need in our communities.<br />

The Atlanta-based<br />

company is an opportunistic<br />

real estate firm, specializing in value-added multifamily<br />

apartments and town homes. RADCO works to<br />

support the demand for quality multifamily inventory<br />

at a value to the market, which will continue to grow<br />

over the next decade. RADCO owns, manages and<br />

maximizes the value of a diverse portfolio of approximately<br />

19,700 units across the Southeast and Central<br />

United States. The company has been recognized for<br />

their rapid growth by the Atlanta Business Chronicle,<br />

Inc. 5,000, and the Association of Corporate Growth.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

30


WHAT MAKES THEM GREAT<br />

Wellness is Key<br />

Not only does RADCO cover 100% of each individual,<br />

full-time employee’s medical insurance<br />

premium, but they also provide monetary incentives<br />

for completion of certain wellness<br />

programs.<br />

Team Member Incentives<br />

Free tickets to professional sport games are<br />

raffled to employees throughout the year and<br />

complimentary snacks and beverages are always<br />

available to residents and team members.<br />

RADCO’s core values emphasize a culture of<br />

caring that embraces both their residents and<br />

their team members. The dedicated RADCO<br />

family is the true champion of RADCO’s dynamic<br />

culture and help make the company a very<br />

special place to work.<br />

They Take Care of Team Members<br />

The RADCO Companies strongly believes in<br />

taking care of their most valuable assets, their<br />

people. They are committed to ensuring their<br />

teammates live healthy, fulfilling lives. The<br />

company has created a comprehensive health<br />

and wellness program that empowers employees<br />

to take control of their financial, mental,<br />

and physical health.<br />

RADCO takes an innovative, multi-layered approach<br />

to employee wellness by incorporating<br />

financial security, low cost health insurance,<br />

and programs that promote work-life-balance.<br />

All RADCO team members have the same competitive<br />

benefits package, regardless of their<br />

tenure or level in the company. This is nearly<br />

unheard of in the multifamily industry. All fulltime<br />

employees are offered a generous 6%<br />

401(k) match.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

31


RANKED #8 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

LMC<br />

433 E. Las Colinas Blvd. | Ste. 450| Irving, Texas 75039 | livelmc.com<br />

Find Your<br />

Place<br />

LMC builds<br />

extraordinary<br />

communities for<br />

people who don’t just<br />

want a place to kick<br />

off their shoes…but a<br />

place to kick it.<br />

LMC creates extraordinary<br />

communities where people<br />

can live remarkably.<br />

They believe that people<br />

make the place, and that<br />

everything you do – from<br />

saying hello, to the way you<br />

design a space – speaks<br />

to how you’re different,<br />

unique, set apart. And above<br />

that, they give their associates the freedom to<br />

take risks, embrace ownership and lead success.<br />

They want you to fall madly, disgustingly in love with<br />

where you live. That’s why their communities are designed<br />

to be the ultimate combination of chic and<br />

cozy, with features like built-in wine fridges, floorto-ceiling<br />

windows, and the Lutron Dream Suite.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

32


WHAT MAKES THEM GREAT<br />

They Believe in People<br />

They believe people make the place, and that<br />

everything they do - from how they treat their<br />

people, to the ways they communicate, to the<br />

ways they design their spaces - speaks to how<br />

they are different.<br />

They Have Fun<br />

They have fun activities like snowball fights,<br />

softball teams, ping pong tournaments, holiday<br />

parties, community grand openings and<br />

more!<br />

“LMC was fortunate to win this award in 2016,<br />

especially given that we were only five years old<br />

and growing so quickly. It was a great honor to<br />

win, and it showed that as a company, our people<br />

feel very engaged, that their work matters, that<br />

their voice is heard, and that they are proud to be<br />

at LMC.”<br />

-Todd Farrell, President<br />

They Celebrate<br />

They celebrate both birthdays and work anniversaries<br />

with gifts and social media mentions,<br />

provide swag bags, and offer paid time for<br />

community service / team building.<br />

LMC Living<br />

is All About<br />

the Team<br />

LMC believes in finding great people, with<br />

great passion, and setting them up to shape<br />

the culture and management of their communities.<br />

Staying nimble, while hiring experts,<br />

keeps them true to their values as they grow<br />

and helps them deliver great service, wherever<br />

they go next.<br />

5<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

33


RANKED #9 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Gables Residential<br />

5847 San Felipe | Ste. 3250| Houston, Texas 77057 | gables.com<br />

Associate<br />

Recognition<br />

Happens<br />

Daily at<br />

Gables<br />

Gables Residential is an<br />

award-winning, vertically<br />

integrated, real estate<br />

company. They are a privately<br />

held REIT specializing<br />

in the development,<br />

acquisition, financing, and<br />

management of multifamily<br />

and mixed-use (apartments<br />

plus retail) communities.<br />

At Gables Residential, they provide an exceptional work<br />

experience where associates come first and where living<br />

the company’s mission of “Taking Care of the Way<br />

You Live,” doesn’t just apply to the customers, but to<br />

associates as well. With the ability to give and receive<br />

recognition on a daily basis, share and celebrate success<br />

with the team along with the entire company,<br />

and a customizable rewards program that provides<br />

exciting incentive prize options, they don’t just say associates<br />

are their most important asset, they live it.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

34


WHAT MAKES THEM GREAT<br />

They Recognize Associates<br />

Gables Ovations: This online social recognition<br />

platform provides all associates with a way to<br />

celebrate birthdays and anniversaries, recognize<br />

associates who best model the company’s values,<br />

and achieve high levels of sales and service<br />

performance.<br />

Gables Day<br />

At their annual event, every associate company-wide,<br />

puts aside their normal daily work activities<br />

to volunteer in their region for a good cause<br />

as a group. They’ve contributed over 130,000<br />

hours and $1.349 million in goods and services<br />

since 2000.<br />

“Taking Care of the Way You Live” is not just a<br />

slogan—it’s Gables’ pledge to their customers,<br />

residents and fellow associates.<br />

Associate Feedback<br />

To ensure associates are happy and engaged,<br />

they conduct weekly pulse surveys which give<br />

them immediate feedback about what’s working<br />

and some opportunities to improve. Monitored<br />

by the CEO, COO, SVP of HR and SVP of Operations,<br />

all associates providing anonymous feedback<br />

receive daily responses to their questions,<br />

comments and suggestions further supporting<br />

their culture of caring and valuing associates.<br />

Associates Care for Each Other<br />

Sunshine Fund: Funded solely by associate contributions<br />

through payroll. It was established in<br />

2002 to assist associates in need due to an unexpected<br />

tragedy or medical emergency. It has<br />

collected over $276,253 and paid out $222,338<br />

since inception.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

35


RANKED #10 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Berger Rental Communities<br />

1275 Drummers Lane | Suite 220 | Wayne, Pennsylvania 19087 | rentberger.com<br />

Leading<br />

Without<br />

Limits<br />

Their roots date back to<br />

1972 when two brothers<br />

in their twenties joined<br />

together in acquiring and<br />

managing multifamily.<br />

Berger Rental Communities<br />

owns, operates, & provides<br />

third-party management services<br />

for 33 apartment communities<br />

across 3 states. BRC’s<br />

company standards are the<br />

core of the portfolio. They<br />

continue to focus on the same<br />

family-based values on which<br />

the company was founded<br />

in 1973. BRC’s success is the<br />

result of their award-winning<br />

team’s commitment & hard work. Some team members<br />

have been with them for over 30 years! They are always<br />

on the lookout for exceptional people to join the team so<br />

they can continue to offer residents the superior level of<br />

service they deserve. They provide generous benefit packages,<br />

support & training, & many opportunities for fun to<br />

their employees. At BRC, employee success is a top priority.<br />

If something could be done better, they are not afraid<br />

to make a change. They explore new training methods,<br />

remain current on changing technology, & conduct regular<br />

employee surveys. They are dedicated to serving customers,<br />

caring for one another, & delivering great results.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

36


WHAT MAKES THEM GREAT<br />

Collaboration and Teamwork<br />

They capitalize on the energy, creativity, and<br />

passion that working together synergistically<br />

creates. They believe working together creates<br />

a more enriching work environment and generates<br />

better results.<br />

They Have Fun<br />

While commitment to their mission is serious,<br />

they never fail to have fun. Joy and laughter bring<br />

them closer together and allows them to look<br />

forward to coming to work each day. Having fun<br />

is the spark that ignites their passions.<br />

The Berger Way<br />

Each week an employee provides a video message for the<br />

entire company about what a specific company fundamental<br />

means to him or her. These fundamentals guide BRC’s daily decision-making.<br />

They Refresh and Focus<br />

Each year the leadership team offers their “Annual<br />

BRC Retreat.” Every team member attends<br />

a 2-day retreat to refresh and refocus.<br />

They Give Back<br />

They’re committed to making surrounding communities<br />

better places in which to live and work.<br />

They demonstrate this commitment with both<br />

their money and their time. They believe there’s<br />

no better way to build community spirit than to<br />

volunteer time and energy in service to others.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

37


RANKED #11 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

CWS Apartment Homes, LLC<br />

9606 N. Mopac Expressway | Ste. 500 | Austin, Texas 78759 | cwsapartments.com<br />

It’s Not Just<br />

a Job, It’s a<br />

Purpose.<br />

CWS takes pride in<br />

hiring talented people<br />

to provide world-class<br />

service.<br />

CWS Apartment Homes<br />

specializes in the management<br />

of luxury apartment<br />

communities in fast<br />

growing American cities.<br />

They operate by a strong<br />

set of core values (honoring<br />

their word, ethical<br />

dealings are paramount,<br />

a respect for people, requirement<br />

for profitability and sustainability, and<br />

a demand for excellence with a sense of urgency).<br />

Their purpose statement of Enhancing Lives...<br />

the CWS Way holds true in all of their interactions<br />

and plays a huge part in their family-like culture.<br />

One of their best investments has always been<br />

the people that work with them. They care deeply<br />

about the well-being of their employees. Supporting<br />

and developing every member of their talented<br />

team is an important key to their overall success.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

38


WHAT MAKES THEM GREAT<br />

Employee Recognition and Rewards<br />

They provide access to an online recognition<br />

program (YouEarnedIt). CWS employees send<br />

each other recognition (points) and they can<br />

turn in points for rewards in the program. The<br />

CWS team celebrates their team success at regional<br />

events to build comraderie and foster<br />

teamwork.<br />

National Day of Caring Employees<br />

Employees can volunteer together in regional<br />

events during work hours. The National Day of<br />

Caring Employees brings together leaders that<br />

are inspired to give back in their local communities.<br />

Differentiating With Education<br />

From mastering a new role to preparing for the next professional<br />

challenge, their in-house training programs equip<br />

associates with the tools they need to architect a career. This<br />

emphasis on learning and development contributes to the<br />

distinct culture enjoyed by CWS associates.<br />

Fitness and Wellness Programs<br />

CWS offers fitness bucks so employees can<br />

purchase wellness items and be reimbursed<br />

with the CWS fitness bucks.<br />

Employee Incentive Programs<br />

The CWS leadership team rewards employees<br />

with special anniversary gifts, extended vacations,<br />

and travel gifts based on their loyalty<br />

and service.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

39


RANKED #12 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Fogelman Properties<br />

6060 Poplar Avenue | Ste. 200 | Memphis, Tennessee 38119 | fogelman.com<br />

Proven<br />

Way<br />

Forward<br />

A well-known tradition<br />

of philanthropy and<br />

community support.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

40<br />

As a third generation privately-held<br />

and family-owned<br />

company, Fogelman is different.<br />

They know what it<br />

takes to be the best, and<br />

it is their people. Many of<br />

their community managers<br />

have over 10 years of<br />

service. They just celebrated<br />

one who has 40! When<br />

you have good people in<br />

place, everything else tends to work out as planned.<br />

Their teams work hard and do so with a smile because<br />

they know they trust them and have confidence<br />

in their decision-making. They take every opportunity<br />

to show them appreciation as well. Being nimble and<br />

open to associate suggestions is important to success.<br />

Additionally, Fogelman demonstrates concern for<br />

the community, which isn’t a new thing for them.<br />

Fogleman has been connected to their local communities<br />

for over 50 years. Tone truly stars at the top<br />

and they have seen this throughout their portfolio.


WHAT MAKES THEM GREAT<br />

Their Associates Get Involved<br />

Fogelman CARES provides opportunities for<br />

associates to become directly involved with<br />

local charities. They encourage and support<br />

the importance of volunteerism by providing<br />

8 hours of paid time annually for volunteering.<br />

Tenured Operations Team<br />

Their regional operations team is one of the<br />

most tenured in the multifamily industry, averaging<br />

over 20 years in the multifamily industry<br />

and over 10 years with Fogelman.<br />

We pride ourselves on cultivating a truly<br />

authentic company culture that remains focused<br />

on family and allows our associates to go<br />

above and beyond to show our customers the<br />

Fogelman Difference.<br />

Community Partnerships<br />

Outside their annual initiatives, Fogelman<br />

has been the corporate adopter of Richland<br />

Elementary School for over 30 years and is<br />

a founding partner of Homes Fit for Heroes,<br />

which provides temporary housing for wounded<br />

members of the special forces of our military.<br />

Company Recognition<br />

Team members enjoy regular contests, quarterly<br />

gatherings and “pamper” days, regional and<br />

property-specific retreats and outings, and social<br />

media promotions and birthday recognition.<br />

Team Approach<br />

Fogelman CARES brings together not only the<br />

Fogelman team, but also provides opportunities<br />

for their residents, vendors, and other<br />

partners to work with them on their handson<br />

volunteerism and fundraising efforts.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

41


RANKED #13 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

The REMM Group<br />

15991 Red Hill Avenue | Suite 200 | Tustin, California 92780 | remmgroup.com<br />

Going<br />

Beyond the<br />

Expected<br />

Each day at The REMM<br />

Group begins with the<br />

drive to exceed your<br />

expectations.<br />

The REMM Group provides<br />

real estate solutions that<br />

create value for clients.<br />

They are an experienced,<br />

talented, and dedicated<br />

real estate marketing<br />

and management team<br />

that will maximize the return<br />

for their clients’ investments.<br />

Going beyond<br />

the expected results, they challenge themselves<br />

to be the best in the industry, to act with integrity,<br />

commitment, accountability, and innovation.<br />

The spirit of The REMM Group team also extends<br />

outward to improving their community. The REMM<br />

team works closely with Mercy House Transitional<br />

Living Center where their CEO, Sara D’Elia,<br />

served on the Board of Directors for 14 years.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

42


WHAT MAKES THEM GREAT<br />

Great Incentives<br />

Leasing incentives for every move-in and lease<br />

renewal. All leasing office associates and service<br />

managers are eligible for the incentives. Teams<br />

are offered year end bonuses based on achieving<br />

net operating income goals.<br />

Corporate & Onsite Recognition<br />

The REMM Group leadership team selects two<br />

employees each month for their “Employee of<br />

the Month” recognition. Everyone is eligible and<br />

only one is chosen from the corporate office and<br />

one is chosen from onsite associates.<br />

Drive to Exceed<br />

Expectations<br />

Their charitable Giving/Community Support Task Force<br />

organizes monthly donation programs. These programs<br />

include both corporate, regional, and onsite teams. The<br />

REMM Group is also committed to do its part to sustain<br />

the environment, increase energy conservation awareness,<br />

and make the lives of those around them healthier. They<br />

have added technologies, switched to green products, and<br />

embraced procedures that conserve resources and reduce<br />

their impact on the environment at each of the multifamily<br />

communities they manage.<br />

Professional Growth & Mentoring<br />

The leadership team inspires professional<br />

growth and mentoring. They offer team building<br />

events, encourage healthy lifestyles, including fit<br />

bit challenges and contests to win prizes.<br />

Community Involvement<br />

The REMM Group partners with local non-profit<br />

organizations. The Thanksgiving Food Drive<br />

donates 40 complete Thanksgiving meals with<br />

handmade decorated boxes.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

43


RANKED #14 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Hankin Apartments<br />

707 Eagleview Boulevard | Exton, Pennsylvania 19341 | hankinapartments.com<br />

Strategic<br />

Focus<br />

Hankin Apartments<br />

make their mark by<br />

focusing on their people<br />

first and foremost.<br />

For three generations, Hankin<br />

has been a leader in developing<br />

distinctive residential<br />

communities around Chester<br />

County, PA. From the<br />

beginning, their vision has<br />

been to build and retain<br />

their residential communities.<br />

They reinvest in their<br />

properties because they care<br />

about the quality, but they’re more than just a developer.<br />

Years in the making, the vision of Hankin Apartments<br />

was shaped in 2013 to establish a name and place in the<br />

multifamily industry for their dedicated management<br />

services. Hankin Apartments prides itself on innovative<br />

approaches, quality design and environmental integrity<br />

- a combination that gives them a coveted position in<br />

the local and national market. Hankin’s goal is to uphold<br />

their tradition in building exceptional communities and<br />

delivering the very best service and care to residents.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

44


WHAT MAKES THEM GREAT<br />

They Care for Team Members<br />

Hankin Apartments offers enerous compensation<br />

and bonus packages. They also provide ample<br />

time off with holidays and PTO.<br />

They Care for Others<br />

Corporate Social Responsibility is a priority - they<br />

have a Hankin Foundation that matches donations<br />

to various non-profits.<br />

“Hankin Apartments is committed to building the<br />

best experiences, relationships, community and<br />

sustainable environments for all residents.”<br />

- Becky Reeves, Vice President of Operations<br />

Health and Well-Being Matter<br />

Hankin Apartments offers a Wellness Program<br />

which includes free gym memberships for team<br />

members.<br />

Growth is Key<br />

Providing growth opportunities from within and<br />

various employee engagement events is a major<br />

priority for Hankin Apartments and promotes<br />

team member longevity within the organization.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

45


RANKED #15 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

JVM Realty<br />

903 Commerce Drive | Suite 250 | Oak Brook, Illinois 60523 | jvmrealty.com<br />

Love<br />

Coming To<br />

Work<br />

In every aspect of their<br />

business, they are guided<br />

by firm principles.<br />

Always.<br />

A truly strong culture offers<br />

mutual support, promotes<br />

trust, rewards<br />

employees’ efforts, and<br />

ensures that employees<br />

know their work is meaningful.<br />

Instead of growing<br />

employees’ skills to match<br />

the companies needs, JVM<br />

looks for ways to grow the company based on employees’<br />

passions. JVM also offers a Personal Development<br />

Plan (PDP) for an employee to tell them<br />

what they would like to do next as a career path.<br />

Great property management creates and maximizes<br />

property value. JVM does both—and much more.<br />

They attract and retain dedicated, on-site management<br />

teams at each apartment community.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

46


WHAT MAKES THEM GREAT<br />

Core Values<br />

The JVM core values reflect the attributes that<br />

they look for in all JVM associates: Respect, Integrity,<br />

Commitment, Professionalism, and Accountability.<br />

They know that an investment in<br />

quality people is as important as an investment<br />

in quality communities.<br />

Associate Recognition and Fun<br />

The Power of Connection<br />

JVM believes in connection! Monthly lunch meetings<br />

and happy hours keep everyone at the corporate<br />

office connected and the “Hug a Building<br />

Program” connects the corporate team with the<br />

community teams through an onsite community<br />

work day.<br />

JVM Nest, their internal communication portal provides<br />

a platform for associate recognition and fun.<br />

All associates can post and participate in Throwback<br />

Thursday (sometimes sharing baby pictures)<br />

and Playlist Friday (sharing associates favorite songs).<br />

<strong>Leadership</strong> and Training<br />

JVM makes work fun! Events throughout the<br />

year including the leadership conference, annual<br />

awards and training classes, include fun team<br />

building opportunities such as wine and canvas,<br />

WhirlyBall, and corporate cooking classes.<br />

JVM focuses on community service through<br />

providing an extra PTO day that associates<br />

may utilize for a community service project of<br />

their choice and up to $500 matching contribution<br />

to the charitable organization of their<br />

choice.<br />

Team members receive added sick days as a<br />

new benefit as well as on-call pay of $125 per<br />

week for on-call maintenance staff!<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

47


RANKED #16 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Portico Property Management<br />

1400 Ravello Drive | Suite 110 | Katy, Texas 77449 | porticopm.com<br />

Family<br />

Values<br />

Portico’s core family<br />

values set them apart<br />

from other organizations<br />

in today’s industry.<br />

Portico works diligently to<br />

keep a small company family<br />

feel to their organization. In<br />

their business, the front line<br />

teams are their most valuable<br />

assets by far...and every<br />

decision they make goes towards<br />

growing, recognizing,<br />

and supporting those teams.<br />

They are incredibly candid<br />

and transparent in what they’re working on, trying to accomplish<br />

and where everyone fits within the organization.<br />

They communicate honestly and regularly and their<br />

team members know exactly what is expected of them.<br />

Goals and objectives are clearly detailed<br />

and explained and they publish the metrics<br />

they are scoring their progress on regularly.<br />

Portico is truly and extension of family. At the<br />

end of the day, they treat every single individual<br />

within the organization with respect and support.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

48


WHAT MAKES THEM GREAT<br />

Clear Winning Vision<br />

The Portico Scorecard is a transparent metrics<br />

system that ranks every single property in<br />

their portfolio in 8 categories. Teams appreciate<br />

knowing what a “win” looks like and how to get<br />

there.<br />

Results Oriented<br />

At Portico, they focus on results. They strive high<br />

and hold themselves accountable for results. It’s<br />

the only way Portico knows.<br />

Every company in the world says their people are<br />

their best asset. Portico is the rare company that<br />

actually means it...and acts like it. Here at Portico,<br />

we are providing the most important item in the<br />

world...every single day. We provide homes.<br />

Fun is Key<br />

Portico believes we spend too much of our lives<br />

working to not have fun where we work. Portico<br />

makes having fun a priority...and you should too!<br />

“We want to be a<br />

great company, not<br />

a big<br />

company.”<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

49


RANKED #17 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Alco Management, Inc.<br />

35 Union Avenue | Suite 200 | Memphis, Tennessee 38103 | alcomgt.com<br />

Strength<br />

in People<br />

They measure success<br />

by the strength of the<br />

relationships they build<br />

with their partners,<br />

residents, employees,<br />

investors, and regulators.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

50<br />

Building an apartment community<br />

is more than just<br />

construction. ALCO acquires<br />

properties with excellent investment<br />

potential by identifying<br />

market trends and<br />

demand. They make timely<br />

capital improvements<br />

and continually market the<br />

property. They care about<br />

excellent service to their<br />

residents, and invest in their associates with training<br />

and technology. They understand their properties often<br />

address critical housing shortages for those most<br />

in need in the neighborhoods they serve. They invest<br />

in residents by partnering with Agape Child and Family<br />

Services and the Neighborhood Christian Center. They<br />

also support local agencies such as The Child Advocacy<br />

Center, The Boys and Girls Club, and Habitat for Hope.<br />

They have the ability to respond to the strengths<br />

and weaknesses of each property, delivering<br />

well-timed decisions that maximize results.


WHAT MAKES THEM GREAT<br />

Rewarding Great Results<br />

They have a monthly performance report measuring<br />

four metrics they feel are applicable to all<br />

of their properties, regardless of the size or type<br />

of property. They offer a cash bonus to the top<br />

three properties monthly. In addition, they offer<br />

PTO as an incentive for any property scoring well<br />

on any regulated inspections. All employees are<br />

eligible for a bonus. They have quarterly bonuses<br />

for their property level employees based on<br />

the performance of the property and annual bonuses<br />

for their Corporate employees based on<br />

company performance.<br />

“We are thrilled to be receiving this honor, but<br />

most of all we’re happy because what this really<br />

means, is that we’re doing a great job as an<br />

employer. We’ve known for a long time that the<br />

greatest asset we have at ALCO are the people<br />

who work here.”<br />

- Frank Jemison, Chief Executive Officer<br />

Flexible Schedules<br />

They work to allow team members the opportunity<br />

to have more flexibility in their schedules to<br />

accomodate personal events and situations.<br />

Professional Development<br />

ALCO offers annual seminars for all site team<br />

members that include training as well as fun<br />

event outings. The leadership team offers departmental<br />

team building activities.<br />

Employee Appreciation<br />

They take the time to recognize the value of their<br />

team members with their “Employee Appreciation<br />

Week” to recognize the outstanding jobs<br />

done by their community teams.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

51


RANKED #18 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Cardinal Group Management<br />

4100 E. Mississippi Ave. | Floor 15| Denver, Colorado 80246 | cardinalgroup.com<br />

Doing<br />

the Right<br />

Things<br />

They are driven by<br />

human interaction,<br />

relationships and the<br />

joy of life itself, not the<br />

bottom line.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

52<br />

Cardinal Group is a fully integrated<br />

real estate management,<br />

investment, construction,<br />

and marketing<br />

firm focused on multifamily<br />

housing throughout the<br />

country. Headquartered in<br />

Denver, Colorado with offices<br />

throughout the United States,<br />

Cardinal Group is firmly built<br />

atop the company’s “Cardinal<br />

Culture.” Since 2007, the company has been operating<br />

successful partnerships and is relentlessly focused on creating<br />

efficiency and above market performance via their<br />

commitment to challenging the status quo of the industry.<br />

Cardinal Group is filled with exceptional men and women<br />

that want to be a part of something bigger than<br />

themselves, that want to go the extra mile in order<br />

to change an industry and challenge the status quo.


WHAT MAKES THEM GREAT<br />

They Grow Together<br />

The Cardinal Group culture embodies many different<br />

elements: it’s about improving as a team<br />

and having fun while growing together, personally<br />

and professionally; it’s about achieving the<br />

improbable with fewer people and fewer resources;<br />

it’s about openness, taking risks, and<br />

not being afraid to make mistakes. But most of<br />

all, it’s about having faith that if they do the right<br />

thing in everything they do, every time, then they<br />

will succeed and build something great.<br />

We’ve been purposeful in the design and drive<br />

of Cardinal’s culture. It succeeds because we all<br />

truly believe in our values and strive to implement<br />

them every day.<br />

Adventurous and Creative<br />

They challenge all of their teammates to strive<br />

for greatness and to never let obstacles stand in<br />

the way of success. They find ways to improve<br />

and look for ways to innovate.<br />

Love What they Do<br />

They want people to love what they do so much<br />

that they pursue personal and professional<br />

growth and have an appetite for learning. Their<br />

teams never assume they know everything there<br />

is to know and never settle for “good enough.”<br />

Open and Honest Communication<br />

They are open and honest with their team members,<br />

and not only are people happier, but the<br />

people around them are better off. They talk less<br />

and say more. Regardless of title or expertise,<br />

leadership is always willing to listen to career<br />

goals, innovative ideas, and company feedback.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

53


RANKED #19 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Blue Ridge Companies, Inc<br />

5826 Samet Drive, Suite 105 | High Point, NC | blueridgecompanies.com<br />

Creating<br />

a Positive<br />

Impact<br />

Doing things in the<br />

best interest of the<br />

community; the client;<br />

and in the best interest<br />

of their people.<br />

Blue Ridge’s mission is “Creating<br />

a positive impact for<br />

all we touch so that we leave<br />

each community better than<br />

we found it.” At Blue Ridge,<br />

they believe that Positive Impact<br />

is not attained by doing<br />

things the “easy way” but by<br />

doing things the right way.<br />

They invest in industry leading training for each of their<br />

team members in order to ensure they are empowered<br />

to make a difference and are provided with the resources<br />

needed to succeed in their roles with them. As such, their<br />

team includes some of the industry’s best professionals<br />

who enjoy the great benefits of working with an established<br />

company. They are The Positive Impact People.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

54


WHAT MAKES THEM GREAT<br />

Professional Growth<br />

Blue Ridge Companies invests in their people.<br />

They believe that significant investments in the<br />

professional growth of their associates through<br />

education, coaching, training and leadership<br />

oppurtunites creates a valuable impact for the<br />

communities, clients and associates they serve.<br />

Culture Counts<br />

A Commitment to Give Back<br />

The leadership team provides opportunities to<br />

give back to the community at large via multiple<br />

company-wide charitable initiatives but also<br />

through support of causes that may be individual<br />

to associates.<br />

“Blue Ridge Companies’ Culture is defined by our values. We<br />

are individually & collectively committed to honoring these<br />

values in everything we do: Excellence, Talent, Teamwork, Adaptability,<br />

Relationship Centered, Purposefulness, Integrity &<br />

Visionary. Being “E.P.I.C.” is a way of life for us.”<br />

Supporting the <strong>Multifamily</strong> Industry<br />

Teams are encouraged to get involved with industry<br />

advocacy, specifically via trade associations.<br />

They promote the advancement of personal<br />

leadership through industry involvement.<br />

Relationship Centered<br />

They care about being engaged with their teams,<br />

compassionate, and sincere. A company that<br />

intends to nurture reciprocal loyalty. They are<br />

committed to being a great corporate citizen and<br />

collaborating for the success of all.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

55


RANKED #20 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

IMT Residential<br />

15303 Ventura Boulevard | Suite 200 | Sherman Oaks, California 91403 |<br />

imtresidential.com<br />

Putting<br />

You<br />

First<br />

IMT prides itself on<br />

creating an environment<br />

where associates are<br />

part of a team.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

56<br />

IMT Residential is a nationwide,<br />

multi-family residential<br />

investment and property<br />

management firm headquartered<br />

in Sherman Oaks, California.<br />

Founded in 1992, IMT<br />

owns and manages a portfolio<br />

of 18,000 units that extends<br />

throughout Arizona, California,<br />

Colorado, Florida, Georgia,<br />

Tennessee and Texas.<br />

The IMT company mission “Putting You First” drives all policies,<br />

practices and decisions. They understand the key<br />

to superior service is superior associates. They have dedicated<br />

teams to recruit high quality associates, train them<br />

effectively, and work towards high associate engagement.<br />

The engagement and cultural focus is driven is from executives,<br />

but we view creating an environment that is challenging,<br />

rewarding and fun is everyone’s responsibility.<br />

IMTeam: Integrity. Motivation. Teamwork. Excellence.<br />

Accountable. Memorable. That describes who they are.


WHAT MAKES THEM GREAT<br />

They Welcome New Leaders<br />

IMT makes their new associates feel special on<br />

their first day. They go as far as placing a sign<br />

welcoming them at the entrance, desk or maintenance<br />

office, decorations and IMT goodies,<br />

and a team lunch.<br />

Caring <strong>Leadership</strong> Team<br />

IMT Executives get involved and show appreciation.<br />

When they visit a site, they greet every<br />

associate, express appreciation and pay compliments<br />

to the property condition, every time!<br />

IMT recruits and hires the best people and then<br />

trains, challenges, and retains them by rewarding<br />

their outstanding contributions to the success of<br />

the company. By using leading-edge technology,<br />

IMT capitalizes on the skills and abilities of associates<br />

to provide superior service to residents.<br />

Great Welness Programs<br />

The leadership team offers health programs that<br />

are free and voluntary. Teams partipate in a contest<br />

for the best healthy recipe, health assessments<br />

at the office, healthy cooking class, and<br />

boot camp classes.<br />

Creating Unique Experiences<br />

The IMTeam Cafe at the corporate office is<br />

stocked with a variety of coffee drinks, teas, cold<br />

beverages, granola bars, fresh fruit, oatmeal,<br />

yogurt, cheese, almonds and pretzels. The IMT<br />

internal blog site features associates and their<br />

experiences like the story about an act of kindness<br />

from an IMT associate, and their first day<br />

experience.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

57


RANKED #21 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Pollack Shores | Matrix Residential<br />

5605 Glenridge Dr. NE | Ste. 775 | Atlanta, Georgia 30342 | matrixresidential.com<br />

Making<br />

Great Places<br />

Even Better<br />

The dynamic, handson<br />

culture encourages<br />

responsibility on every<br />

level.<br />

Pollack Shores Real Estate<br />

Group | Matrix Residential<br />

believes in providing<br />

the best possible lifestyles<br />

for the people who reside<br />

in the communities they<br />

manage. Their dynamic,<br />

hands-on culture encourages<br />

responsibility on every<br />

level of their firm. They<br />

see both the big picture and the smallest details.<br />

They constantly train their people and are committed<br />

to participating in industry associations to<br />

share and expand their knowledge. They also believe<br />

in helping the areas in which they work and<br />

live, by volunteering and supporting local causes.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

58


WHAT MAKES THEM GREAT<br />

Highly Motivated<br />

Matrix values top talent, highly motivated individuals<br />

seeking successful careers within an<br />

organization standing behind its employees<br />

and committed to their vision, growth and the<br />

ability to make a difference.<br />

They Have Fun<br />

They have fun activities like goal dinners, culture<br />

committee events, pot-luck Friday, dance<br />

challenges and more!<br />

THE MATRIX MISSION:<br />

Creating exceptional experiences for the people<br />

who live with us, work with us, and invest with us.<br />

Birthdays and Paid Holidays<br />

Birthdays are given as paid holidays and uniforms<br />

are provided for on-site employees and<br />

events.<br />

They Make Promises<br />

When it comes to managing communities, the<br />

Matrix Mission captures the promises they<br />

make to every resident, every property, and<br />

every client. It’s more than words – it’s what<br />

they bring to work every day.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

59


RANKED #22 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Drucker + Falk<br />

11824 Fishing Point Drive | Newport News, Virginia 23606 | druckerandfalk.com<br />

People<br />

Process<br />

Performance<br />

It’s a simple process, but<br />

effective and has stood<br />

the test of time. Their systematic<br />

approach allows<br />

for success across multiple<br />

states.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

60<br />

Drucker + Falk is a third<br />

generation, third party,<br />

multifamily management<br />

regional powerhouse overseeing<br />

a portfolio of 30,000<br />

apartments in nine states.<br />

The leadership, financial<br />

success and longevity they<br />

enjoy in an industry their<br />

founders helped shape,<br />

is rooted in the consistent,<br />

passionate, dependable and dogged delivery by<br />

their people, of optimal asset value to their clients.<br />

They are proud of their leadership in embracing<br />

a platform of inclusion, integrity and respect on<br />

which the firm was founded. They are a work family<br />

where team members are valued as people first.<br />

They have made extraordinary monetary and other<br />

investments in the well-being and engagement<br />

of staff at all levels of the organization It is a privilege<br />

to be in a business that impacts people in<br />

such a personal way, where they live and work.


WHAT MAKES THEM GREAT<br />

Individual and Team Incentives<br />

Individual leasing and team renewal incentives<br />

that reward their on-site associates as it relates<br />

to both individual sales performance as<br />

well as team engaged renewal results.<br />

Stress-Busters<br />

Summer work hours, casual Friday’s, massages,<br />

manicures & pedicures are just some of the<br />

incentives they offer.<br />

Our goal has never been to be the<br />

biggest. It has always been to be<br />

the best!<br />

Unparalleled Stability<br />

Drucker + Falk demonstrates unparalleled stability<br />

in this industry — delivering optimal asset<br />

value to their clients. And they have never<br />

wavered in their resolve to maintain the people,<br />

processes and performance needed to deliver<br />

on that charge.<br />

Family Character<br />

What started in 1938 as a small family business<br />

is today among one of the nation’s top<br />

property management companies. Why? Because<br />

Drucker + Falk never lost sight of the<br />

family character that embodies this firm, one<br />

rooted in over-the-top service and the delivery<br />

of optimal asset value to their clients.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

61


RANKED #23 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Centra Partners Management<br />

3730 Cypress Creek Parkway | Houston, Texas 77068 | centrapartners.com<br />

Hands-On<br />

Personal<br />

Committment<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

62<br />

Centra Partners is an Accredited<br />

Management Organization<br />

(AMO) specializing in<br />

asset and property management,<br />

financial, brokerage<br />

and receivership services for<br />

commercial and multifamily<br />

properties in Texas and the<br />

Southwest for Institutional clients<br />

and other substantial private<br />

owners of real property.<br />

As a ‘work family’ they celebrate the triumphs and in<br />

the toughest of times they hold each other up, not just<br />

from team member to team member, property to property,<br />

but also the love and encouragement from the<br />

Centra Partners senior management is unparalleled.<br />

The support, understanding and compassion shared<br />

in births, illnesses, deaths, as well as celebrating individual<br />

and family accomplishments, we believe is a<br />

very large part of the long-term success, foundation,<br />

and essence of which Centra Partners prides itself.<br />

They are all proud to be a part of the “Centra Family.”


WHAT MAKES THEM GREAT<br />

They Celebrate Together<br />

Centra Patrners Management celebrates the big<br />

stuff with annual holiday parties and ceremonies<br />

as well as a staff dinner with the owners and senior<br />

management team.<br />

Team Member Incentives<br />

Team Members are appreciated with chair massages,<br />

nail salon gift certificates, and recognition<br />

to the entire company via email shout-outs.<br />

Our mission is to provide an environment<br />

for our clients and associates to effectively<br />

fulfil their needs, goals, and visions.<br />

Forward-Thinking<br />

Centra Partners Management provides their<br />

team members with the ability to attend industry<br />

educational conventions to keep up with the<br />

ever-growing <strong>Multifamily</strong> industry of today.<br />

Actions Are The<br />

Foundation Of<br />

Their Success<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

63


RANKED #24 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

RealSource Management<br />

2089 E. Fort Union Boulevard | Salt Lake City, Utah 84121 | realsource.net<br />

Vision &<br />

Ambition<br />

RealSource’s “people<br />

first” culture has allowed<br />

them to become an<br />

employer of choice in<br />

the <strong>Multifamily</strong> Industry<br />

today.<br />

At RealSource Management,<br />

there is no substitute for<br />

drive, passion, and experience.<br />

They strive for a “people<br />

first” culture combined with<br />

vision, ambition, and a fiduciary<br />

responsibility to make<br />

their company successful<br />

in the multifamily industry.<br />

Over the past few years, their hands-on management<br />

has enabled them to bring proven processes and, most<br />

importantly, the right people to provide unparalleled multi-management<br />

services that their clients can depend on.<br />

With the organic collaboration of their knowledgeable<br />

and diverse team, they are able to bring their ideas<br />

and imagination to life, creating a welcoming environment<br />

for both their employees and residents.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

64


WHAT MAKES THEM GREAT<br />

Financial Success<br />

The RealSource team offers new lease, renewal<br />

and aged receivable bonus-paid monthly to all<br />

onsite associates. In addition they offer employee<br />

appreciation (bonus, flowers, gift cards, certificates,<br />

tenure pins) for anniversaries, birthdays,<br />

mystery shopping reports, premiere performers<br />

and employee of the month.<br />

Special Recognition<br />

When yearly goals are met, the owner takes all<br />

corporate employees and spouses on all-expense-paid<br />

vacation.<br />

We must foster an environment of collaboration,<br />

where it feels safe to make mistakes, so<br />

individuals don’t judge themselves and become<br />

defensive when they’re the most vulnerable.<br />

Encourage an atmosphere of no fear in our<br />

hearts.<br />

-Teresa Rose, Senior Vice President<br />

<strong>Leadership</strong> Development<br />

Associates are offered annual destination <strong>Leadership</strong><br />

Conferences to futrther invest in their<br />

skills, provide opportunities for growth, and deliver<br />

high value for their investor owners.<br />

Celebrations<br />

All associates birthdays and anniversaries are<br />

recognized. They receive monetary gifts, recognition<br />

across all social media platforms, are featured<br />

in the company newsletter, and receive<br />

fresh flowers/gift boxes and framed certificates.<br />

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RANKED #25 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

ResMan Property Management Software<br />

2901 Dallas Parkway | Suite 200 | Plano, Texas 75093 | myresman.com<br />

Service<br />

Is Key<br />

Great leadership,<br />

inspiration, and<br />

innovation keep<br />

ResMan ahead of the<br />

game.<br />

ResMan Property Management<br />

Software was founded<br />

on commitment to service. As<br />

a team, they serve and support<br />

each other. Their leaders aim<br />

to inspire the greatness they<br />

know exists within everyone,<br />

and challenge them to put<br />

that greatness in full display.<br />

Most importantly, ResMan is a great place to work because<br />

they know life is about more than work. Jobs in <strong>Multifamily</strong><br />

are often taken home at night each and every day.<br />

Long hours, being on call, and keeping “housing” as fitting<br />

“homes” is a tough job. That intimacy with their customers<br />

and commitment to their success is a shared value across<br />

the team that sets ResMan apart. Plus, they are all eager<br />

to create the most successful software company in the industry,<br />

and that drive to win makes it a great place to work.<br />

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WHAT MAKES THEM GREAT<br />

Livin’ Large<br />

ResMan encourages comfort and productivity,<br />

which includes taking breaks. They have ping<br />

pong, air hockey, foosball, board games, and<br />

major sporting events on TV around the office.<br />

They pop fresh, movie theater popcorn every<br />

day. Snacks and beverages all day!<br />

Associate Autonomy<br />

ResMan encourages prudent risk taking and trying<br />

new things. They want everyone taking responsibility<br />

and ownership of their roles.<br />

The ResMan team is passionate<br />

about our customers’ success.<br />

They Support Each Other<br />

ResMan has a “chip” recognition system where<br />

employees can award each other chips for a job<br />

well done or going above and beyond, and those<br />

chips can be redeemed for prizes.<br />

They Give Back<br />

ResMan gives back through their involvement<br />

in various local area charities, including Emily’s<br />

Place, a shelter for women who have been victims<br />

of spousal abuse.<br />

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RANKED #26 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Coast Property Management<br />

2829 Rucker Avenue | Everett, Washington 98201 | coastmgt.com<br />

The<br />

Ultimate<br />

Experience<br />

Coast was founded<br />

in 1987, bringing over<br />

100 years of combined<br />

management experience<br />

to the Pacific Northwest.<br />

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Coast’s founders are brothers<br />

and brought a closeness<br />

to the workplace. From that<br />

foundation, they have created<br />

a pleasing atmosphere<br />

in an historic building where<br />

they headquarter in Everett<br />

and tried to duplicate that<br />

atmosphere in their other<br />

office locations in Bellevue,<br />

Portland, and Spokane.<br />

Built in 1898 and remodeled ten years ago when it was<br />

acquired, their headquarters building creates a sense<br />

of stewardship for their part of its colorful history which<br />

translates out to their work. They invite schools to tour the<br />

building and often hold community events in it to create<br />

a sense of connectedness to the community. Their quarterly<br />

staff meetings in the large foyer have grown into<br />

speaker-driven events in part because of this commitment<br />

to a workplace that is warm, meaningful, and conducive<br />

to the founder’s stewardship culture and vision<br />

of a close-knit family no matter how large they might be.


WHAT MAKES THEM GREAT<br />

Strong Core Values<br />

Do the Right Thing - They do what’s right even<br />

when it’s not easy and when no one is looking.<br />

They are honest and won’t compromise our integrity.<br />

They are respectful and live out the ‘golden<br />

rule’ of “do unto others as you would have<br />

done unto you”. They tell the truth and they own<br />

up to mistakes and take it upon themselves to<br />

correct them and learn from them. Doing the<br />

right thing builds trust and loyalty and binds the<br />

work of the team to accomplish more together<br />

than they ever could on their own.<br />

Get it Done - Whatever it takes, they will come<br />

together to get the job done and find a solution.<br />

They compete to win in the marketplace. They<br />

never give up. They are curious – always learning.<br />

They honor their commitments. The difference<br />

between them and the competitors is the<br />

fortitude and willingness to do the hard work<br />

necessary to win.<br />

“Coast is an immensely exciting place for people<br />

who desire to serve others in a dynamic, progressive,<br />

and modern organization. Those who<br />

want to transform the work life around them<br />

find fertile soil here. ”<br />

– Matt Shaffer, President<br />

Others-Centered - They are here to help others.<br />

They care deeply for, and are deeply committed<br />

to the success of others. They will not let theirteammates<br />

down. They build others up and will<br />

not tear them down.<br />

Professionalism - They conduct themselves in<br />

all environments with high standards, respect,<br />

timeliness, good judgment, politeness, dignity,<br />

accountability, preparedness, and a confidence<br />

in these qualities. Even in difficult situations their<br />

words are constructive. Their work product is a<br />

quality output of their high competence.<br />

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RANKED #27 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Continental Properties<br />

W134 N8675 Executive Pkwy | Menomonee Falls, WI. 53051 | cproperties.com<br />

Creativity<br />

& Strength<br />

Creating an atmosphere<br />

where people are<br />

encouraged to share<br />

their ideas, to develop<br />

their paths, and to<br />

contribute to the greater<br />

good.<br />

Continental Properties has<br />

been developing and managing<br />

multifamily apartment<br />

communities nationally<br />

for over 25 years. Each of<br />

their Springs branded communities<br />

deliver unrivaled<br />

customer service, beautiful<br />

grounds, high-quality<br />

buildings, professionally<br />

designed interiors and luxury amenities.<br />

Continental fosters an environment where team members<br />

are expected to share their ideas, develop their careers<br />

in a way that utilizes their passions and skills, and<br />

contributes to our success. They work hard because<br />

they enjoy what they do and the people they work with.<br />

Continental takes great pride in providing affordable,<br />

quality apartments homes to their residents and rewarding<br />

career opportunities to their team members.<br />

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WHAT MAKES THEM GREAT<br />

Building Great Careers<br />

At Continental, they provide that environment<br />

- an environment built through tireless efforts<br />

to ensure their team has the right people, with<br />

the right skills, taking on exciting challenges. It<br />

is reinforced when their people are empowered<br />

to do whatever is needed to do the job right. It<br />

is solidified when the best and the brightest in<br />

the industry are given opportunities to learn new<br />

skills, take on bigger challenges, and advance<br />

within the organization.<br />

“I believe that the Continental Creed is not only<br />

a guideline but provides the ideal environment to<br />

develop not only career but also my passion here.”<br />

–Prince Solomon, Marketing Projects Specialist<br />

Employee Appreciation<br />

Employees receive recognition email blasts,<br />

summer fun days, Maintenance Appreciation<br />

Week, State of the Company (SOC) meetings,<br />

with the President or CEO attending/leading at<br />

each property.<br />

Rewarding Success<br />

They pay a bonus to eligible stabilized Property<br />

Managers and Maintenance Supervisors if they<br />

reach goals relative to their budget. Leasing<br />

commissions are eligible to all employees and<br />

are paid out on a tiered basis (ie, more leases get<br />

a higher dollar value paid per lease).<br />

Learning & Development<br />

Learning and Development programs that offer<br />

budgeted amounts, by position, for eligible employees<br />

to use toward learning opportunities<br />

outside the company.<br />

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RANKED #28 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

PayLease<br />

9330 Scranton Road | Suite 450 | San Diego, California 92121 | paylease.com<br />

Innovative<br />

Marketing<br />

PayLease offers online<br />

payment services, resident<br />

billing, and utility<br />

management solutions to<br />

multifamily<br />

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companies.<br />

With offices in San Diego, CA<br />

and Chicago, IL PayLease has a<br />

truly unique company culture.<br />

PayLease creates a meaningful<br />

atmosphere by being<br />

transparent about their business,<br />

rewarding employees’<br />

efforts, providing upward mobility<br />

for anyone, and ensuring<br />

a fun, cohesive workplace.<br />

PayLease feels that part of<br />

what has made their company thrive is by doing something<br />

simple, but that often isn’t done in other companies<br />

- they continually thank and reward employees<br />

for their work. Some of the ways they say “thank you” is<br />

with monthly social events, monthly Rock Star employee<br />

awards (employees who go above and beyond the<br />

call of duty are entered for $1,000), and regular freebies<br />

(high-quality company swag, lunches, snacks, etc).<br />

They do their best to facilitate a sense of connection between<br />

employees. They recognize the importance of providing<br />

multiple avenues for employees to advance their careers.


WHAT MAKES THEM GREAT<br />

They Hang Out Together<br />

PayLease holds regular social events for employees.<br />

These range from happy hours, Padres<br />

games, a day at the Del Mar race track. All events<br />

include free food/drinks and most allow a +1.<br />

They even give out free Uber rides to/from selected<br />

events.<br />

Summertime Fun<br />

Employees love that PayLease provides the opportunity<br />

for summer hours, meaning employees<br />

can leave 3 hours early every Friday during<br />

the summer.<br />

By infusing fun into our daily lives, PayLeasers<br />

form strong bonds with one another and love<br />

coming to work. As a result, our team is productive,<br />

successful and has rapidly grown over the past<br />

15 years.<br />

Focusing On Strengths<br />

PayLease provides a company-paid Strengths-<br />

Finder assessment, which uncovers employees’<br />

top 5 personality strengths. After the test, employees<br />

get 1-1 time with a certified Strengths-<br />

Finder coach to help them understand their talents<br />

and to apply those strengths in life.<br />

They Give Back<br />

PayLeasers get free days to work at a charity of<br />

their choice, they just ask they submit a photo<br />

of themselves that day. At the end of the year,<br />

everyone who spent time working at a charity is<br />

entered into a drawing for $1000 to go to their<br />

charity.<br />

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RANKED #29 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Perennial Properties<br />

1924 Piedmont Circle | Ste. 100 | Atlanta, Georgia 30324 | perennialproperties.net<br />

Investing<br />

Well Pays<br />

Off In The<br />

Long Run<br />

Perennial Properties’ greatest<br />

investment is their PEO-<br />

PLE - They view the Perennial<br />

family as an extension of their<br />

own. They strive to build their<br />

employees through professional<br />

devlopment, while encouraging<br />

a healthy work-life<br />

balance. They celebrate their<br />

teams and top performing individuals<br />

throughout the year to show gratitude for the<br />

hard work that each team member brings to the company.<br />

#PerenninalPride is creating a culture that is inclusive of all<br />

of their team members by fostering a fun working environment<br />

where everyone is valued. They offer competitive compensation<br />

and great benefits, as well as opportunity for advancement.<br />

Their teams are filled with dynamic individuals<br />

that make Perennial Properties grow stronger every year.<br />

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WHAT MAKES THEM GREAT<br />

They Celebrate Together<br />

Working for Perennial Properties provides a<br />

feeling of family -- they recognize and celebrate<br />

birthdays, holidays like Mother’s Day and Father’s<br />

Day, wedding and baby showers, etc. -- as<br />

well as work anniversaries.<br />

They Work and Play Together<br />

They offer team outings: some are just for fun,<br />

like bowling or the annual Kick-Boo game (a late-<br />

October game of extreme kickball in costumes!);<br />

some are for ‘doing good’, such as BeltLine landscaping.<br />

At Perennial Properties, they’re not satisfied<br />

with status quo, they are active participants in<br />

challenging the way they design, develop and<br />

manage.<br />

Fun & Creative Spaces<br />

The owner’s extensive collection of contemporary<br />

art is displayed in the Corporate office,<br />

which makes a beautiful gallery work environment.<br />

The Perennial Properties mission is<br />

to offer exceptional housing and retail<br />

experiences with extraordinary<br />

service for our residents, commercial<br />

tenants and their customers.<br />

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RANKED #30 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Pegasus Residential<br />

1750 Founders Pkwy. | Suite 180 | Alpharetta, GA 30009 | pegasusresidential.com<br />

People<br />

Come First<br />

The Company’s brand<br />

of premier customer<br />

service begins with hiring<br />

talented associates and<br />

offering rewarding multifamily<br />

careers for the<br />

ambitious.<br />

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Established less than a decade<br />

ago, Pegasus Residential is a<br />

fast-rising property management<br />

firm in Atlanta attracting<br />

unique talent by appreciating<br />

each associate’s quirks and<br />

differences. Pegasus associates<br />

pride themselves on<br />

being creative, innovative,<br />

goal-oriented, and hard-working.<br />

Further, to balance out<br />

the hard work, associates are treated to retreats, team<br />

outings, team lunches, and more! The corporate office<br />

proudly boasts a corn hole table and video games! Leasing<br />

teams are encouraged to bring new ideas and creativity<br />

to goal setting by making W.I.G. boards with memes and<br />

celebrities. There’s even an internal Facebook group dedicated<br />

to sharing ideas, jokes, and accolades. A few of the<br />

perks associates enjoy most are excellent health and dental<br />

benefits, the option to work from home once a week,<br />

and discounts on rent if they stay at a Pegasus Community.


WHAT MAKES THEM GREAT<br />

They are Generous<br />

Corporate employees are afforded one day each<br />

week to telecommute, one month paid sabbatical<br />

after 7 years of service, and monthly car detailing.<br />

History of Success<br />

Pegasus Residential was founded in 2008, by<br />

Lindy Ware and Debbie Conley. The history of<br />

their founding partners is long and successful as<br />

they have both worked with some of the most<br />

recognizable property management companies<br />

in the nation. Their Principals have in-depth<br />

knowledge and involvement with a variety of<br />

asset types, to include: urban and suburban locations,<br />

as well as Class A-C, mid-rise, high-rise,<br />

lease-ups and repositioning communities.<br />

Every employee, no matter the position,<br />

has a voice and is able to heard.<br />

Pegasus Residential provides expertise in acquisitions,<br />

new development, and re-development.<br />

They also serve as consultants in building and<br />

construction services for our clients. Their management<br />

combines both national and local market<br />

knowledge for optimal performance.<br />

“We strive for employee satisfaction and feel<br />

all of our success is directly associated with<br />

their happiness. The Best Places to Work<br />

in <strong>Multifamily</strong> program has allowed us to<br />

acknowledge their requests and establish<br />

their overall contentment.”<br />

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RANKED #31 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Alliance Residential<br />

2525 East Camelback Rd. Ste 500 | Phoenix, AZ 85016 | allresco.com<br />

Positioning<br />

for Value<br />

Approaching every asset<br />

as if they own it. The<br />

team creates marketing,<br />

leasing and operational<br />

processes to align with<br />

their clients’ investment<br />

strategy.<br />

First and foremost, Alliance<br />

recognizes they are not just<br />

a builder; they build homes,<br />

support lifestyles and create<br />

opportunities. And they do so<br />

for both associates and residents,<br />

because they believe<br />

their journeys and their needs<br />

along those journeys are integral<br />

to one another. They hear,<br />

value, and share stories time and time again of residents<br />

following their Alliance family – yes, they said family. Oftentimes<br />

they get asked why their associates feel that way.<br />

And it all goes back to a culture of trust built on the backs of<br />

an ethos that values each individual’s autonomy, mastery<br />

and purpose — the autonomy to make empowered decisions,<br />

the mastery to progress their vision with a unique<br />

skillset and the purpose to engage in the right things at<br />

the right time in the right way to build it better together.<br />

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WHAT MAKES THEM GREAT<br />

Team Building<br />

From baseball games to guest speakers, Alliance<br />

provides their managers with a budget to host<br />

quarterly team events. National team-building<br />

occurs annually at ARCX -- 3 days of education,<br />

networking and celebration for their managers.<br />

Alliance InStyle<br />

Fashion-forward career apparel--Alliance InStyle<br />

is a wardrobe allowance program that provides<br />

work apparel choices from popular retailers. Associates<br />

can choose on-trend colors and styles to<br />

wear proudly at work.<br />

Alliance is a Best Place to Work because they<br />

love what they do and they do what they love —<br />

building better lives for their associates, residents<br />

and clients, and building them together.<br />

Awards & Recognition<br />

Annual awards & recognition--Associates and<br />

their guest are treated to extravagant regional<br />

award ceremonies where they celebrate individual<br />

and company successes. In addition to great<br />

food and beverages - prizes are given out from<br />

gift cards to cool tech gear.<br />

Alliance Cares<br />

This program is dedicated to giving back. To engage<br />

their teams in their efforts, they orchestrate<br />

a variety of campaigns including toy and school<br />

supply drives, and green-minded efforts, such as<br />

tree-planting.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

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RANKED #32 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Baron Properties<br />

17550 N. Perimeter Drive | Suite 140 | Scottsdale, Arizona 85255 |<br />

baronproperties.com<br />

It’s Not<br />

Work When<br />

You’re<br />

Having Fun!<br />

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Baron Properties is a privately<br />

owned, full service real estate<br />

firm focused on investments,<br />

development, and management<br />

of multifamily, industrial,<br />

and self-storage properties.<br />

Since 1983, Baron and its sister<br />

companies have invested<br />

in, developed, or redeveloped<br />

$2B worth of properties across<br />

Colorado, Arizona, Texas, and<br />

Midwest. Headquartered in Denver with a regional office<br />

in Phoenix, Baron employs more than 150 professionals.<br />

Baron is a very family oriented organization that<br />

cares about it’s employees. They strive to ensure<br />

a pleasant work environment for everyone.<br />

Baron does their best to keep associates when properties<br />

are sold and, to date, have been very successful in making this<br />

happen. Baron is a very caring company and a great place to<br />

work. It doesn’t seem like “work” when you are having fun.


WHAT MAKES THEM GREAT<br />

Baron Values<br />

Guided by their core values and philosophies,<br />

Baron’s vision is to inspire innovation and create<br />

industry setting standards. They take pride<br />

and ownership in their commitment to the recruitment<br />

of extraordinary talent and the partnerships<br />

they develop through trust and mutual<br />

understanding of expectations. In doing so, they<br />

have created a company culture unparalleled to<br />

their competitors, delivering operational excellence<br />

and exceptional customer service.<br />

PROFESSIONALISM<br />

Baron’s culture is the backbone of the<br />

organization and being recognized as one of the<br />

Best Places to Work in <strong>Multifamily</strong> enhances<br />

that culture and our ability to recruit top level<br />

associates when needed. It’s all about the<br />

people!<br />

COMMITMENT<br />

ACCOUNTABILITY<br />

INTEGRITY<br />

CHARACTER<br />

TEAM WORK<br />

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RANKED #33 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Karya Property Management<br />

8901 Gaylord Drive | Suite 100 | Houston, Texas 77024 | karyamanagement.com<br />

People Are<br />

The Best<br />

Assets<br />

Karya offers a true endto-end<br />

solution in our<br />

comprehensive service<br />

suite.<br />

At the core of Karya Property<br />

Management is the drive and<br />

ambition for constant growth<br />

and improvement. From<br />

humble beginnings working in<br />

D Class properties to accruing<br />

over $ 1.5 billion in revenue<br />

and managing over 14,500<br />

units, Karya has its sights set<br />

on becoming one of the top<br />

multi-family companies in the industry. The company<br />

has always taken the day to day challenges head-on by<br />

evolving to the changing landscape, employing innovative<br />

methods, and investing in individual employee growth.<br />

Their proven record in property acquisition, rehabilitation,<br />

tenant retention, as well as ROI augmentation<br />

has made Karya the number one ranked Houston-based,<br />

fastest growing company by the Inc. 5,000.<br />

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WHAT MAKES THEM GREAT<br />

Constant Improvement<br />

As a company, Karya values personal, professional,<br />

and mental growth, and takes measures<br />

to ensure their team grows in each area continually.<br />

Growth and Education<br />

Karya provides ample opportunity for growth,<br />

promotes work / life balance, and pursuit of<br />

training and certifications for team members.<br />

“When you become successful, your job often<br />

becomes easier; the deals come to you, and you<br />

don’t have to try as hard. That’s when there’s a<br />

chance you might lose your footing and start<br />

having ego issues. But, remembering your roots<br />

helps you keep that drive and remain humble.”<br />

-Swapnil Agarwal, CEO and Founder<br />

Time for Fun!<br />

Karya provides the opportuity to go to various<br />

sporting events and even meet the athletes!<br />

They also have a ping pong table to foster that<br />

competitive spirit at work.<br />

Experienced Management Team<br />

The Karya team is highly sophisticated relative to<br />

competitors in the sector with a group of experienced<br />

individuals that takes an active, hands-on<br />

management approach. The Karya team’s investment<br />

and operations experience (including<br />

during recessionary environments) results in the<br />

ability to capitalize on operational inefficiencies<br />

related to revenue management. Karya has the<br />

ability to execute and oversee extensive rehab<br />

projects via its experienced in-house team of<br />

renovation experts.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

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RANKED #34 NATIONALLY IN THE BEST PLACES TO WORK MULTIFAMILY<br />

Pathlight HOME<br />

3200 W. Colonial Drive | Orlando, Florida 32808 | pathlighthome.org<br />

Truly<br />

Making A<br />

Difference<br />

Pathlight HOME is<br />

creating a better world<br />

through their mission of<br />

helping the homeless in<br />

Florida.<br />

Pathlight HOME provides<br />

affordable housing and economic<br />

opportunities to low<br />

income persons and especially<br />

the homeless in the State<br />

of Florida. They are known<br />

for their work in the community<br />

providing permanent<br />

and permanent supportive<br />

housing to homeless persons.<br />

Pathlight HOME provides great benefits, competitive<br />

pay, growth opportunities and a comfortable work environment<br />

to keep employee morale high and motivated<br />

in an area of work that serves difficult-to-serve<br />

populations. They always strive to go above and beyond<br />

the routine paycheck. The majority of their staff<br />

has been there over 5 years, and some as many as 10<br />

to 26 years. They plan employee events three to four<br />

times a year to provide some time away from the work<br />

place and to allow them to build and support their team.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

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WHAT MAKES THEM GREAT<br />

Generosity Reigns<br />

Not only do Pathlight HOME team members<br />

have a great PTO plan, they also take care of<br />

each other by having the opportunity to share<br />

PTO with other team members who have emergencies.<br />

They Enjoy Being Together<br />

Team members receive recognition and enjoy<br />

a respectful environment while at work. Team<br />

members are also treated to quarterly outings<br />

to increase comraderie and bonding.<br />

The mission of Pathlight HOME is to change the<br />

lives of homeless and low-income individuals<br />

by providing affordable housing and economic<br />

opportunities.<br />

Committed to Growth<br />

Pathlight Home provides on-site and off-site<br />

trainings for staff to maintain and increase skills<br />

and expertise.<br />

We change<br />

lives through<br />

our employees’<br />

effort.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

85


BEST PLACES TO WORK<br />

MULTIFAMILY<br />

PERCENTAGE % OF<br />

POSITIVE RESPONSES<br />

EMPLOYEE<br />

BENCHMARK REPORT<br />

LIST<br />

MAKERS<br />

NON LIST<br />

MAKERS<br />

LEADERSHIP AND PLANNING<br />

86<br />

81<br />

CORPORATE CULTURE AND COMMUNCATIONS<br />

84<br />

81<br />

ROLE SATISFACTION<br />

89<br />

86<br />

WORK ENVIRONMENT<br />

91<br />

90<br />

RELATIONSHIP WITH SUPERVISOR<br />

TRAINING AND DEVELOPMENT<br />

PAY AND BENEFITS<br />

90<br />

84<br />

79<br />

89<br />

79<br />

72<br />

OVERALL EMPLOYEE ENGAGEMENT<br />

90<br />

85<br />

AVERAGE OF ALL CATEGORIES<br />

87<br />

83<br />

This report summarizes results of the Best Places to work <strong>Multifamily</strong> program.<br />

Our goal is to provide forward-thinking executives with a snapshot of what<br />

charactarizes the Best Places to Work <strong>Multifamily</strong>. Each report contains examples<br />

of the benefits and perks offered by participating organizations, as well as employee<br />

engagement and satisfaction averages from our survey process.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

86


<strong>Multifamily</strong> <strong>Leadership</strong><br />

87


BEST PLACES TO WORK<br />

MULTIFAMILY<br />

The chart below provides a glimpse into some of the results from the detailed employer<br />

benchmark report from participating organizations, which are all <strong>Multifamily</strong> property<br />

managers. The orange bar represents the percentage of Best Places to Work in <strong>Multifamily</strong>,<br />

while the light grey bar represents the percentage of all other program participants.<br />

I UNDERSTAND THE LONG-TERM<br />

STRATEGY OF THIS ORGANIZATION<br />

85<br />

90<br />

I HAVE CONFIDENCE IN THE<br />

LEADERSHIP OF THIS ORGANIZATION<br />

84<br />

89<br />

THE LEADERS OF THIS ORGANIZATION<br />

CARE ABOUT THEIR EMPLOYEES’ WELL<br />

BEING<br />

85<br />

88<br />

SENIOR LEADERS LIVE THE CORE<br />

VALUES OF THE ORGANIZATION<br />

83<br />

86<br />

Participating in the Best Places to Work in <strong>Multifamily</strong> Program<br />

is a reflection of our commitment to upholding standards<br />

of excellence, delivering an entrepreneurial environment<br />

and leading the industry by thinking disruptively — all<br />

of which directly impacts our ability to attract and retain top<br />

talent.<br />

Greta Schneider, Vice President of Alliance<br />

Talent Management<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

88


THERE IS ADEQUATE PLANNING<br />

OF DEPARTMENTAL OBJECTIVES<br />

76<br />

82<br />

THERE IS ADEQUATE FOLLOW-<br />

THROUGH OF DEPARTMENTAL<br />

OBJECTIVES<br />

76<br />

81<br />

THE LEADERS OF THIS ORGANIZA-<br />

TION ARE OPEN TO INPUT FROM<br />

EMPLOYEES<br />

79<br />

85<br />

THIS ORGANIZATION’S<br />

CORPORATE COMMUNICATIONS<br />

ARE FREQUENT ENOUGH<br />

82<br />

87<br />

HOW DOES YOUR COMPANY COMPARE?<br />

We participate in the Best Places to Work in <strong>Multifamily</strong> Program<br />

Now that you’ve<br />

to get<br />

seen<br />

anonymous<br />

a sample of<br />

feedback<br />

benchmarking<br />

from<br />

data<br />

our<br />

for<br />

employees.<br />

Best Place to<br />

We<br />

Work<br />

use<br />

in<br />

the<br />

<strong>Multifamily</strong>,<br />

results<br />

how does<br />

to help<br />

your<br />

plan<br />

organization<br />

our employee<br />

compare?<br />

strategy<br />

Find out<br />

for<br />

by<br />

the<br />

participating<br />

next year,<br />

in<br />

examining<br />

the<br />

Best Places to Work in<br />

areas<br />

<strong>Multifamily</strong><br />

we can<br />

program.<br />

build a better workplace, improve communication,<br />

respond to employees’ opinions we may not otherwise<br />

have known. It has been an added benefit and an honor to have<br />

been a finalist all 3 years we have participated!<br />

Mary Gwyn, CEO<br />

Apartment Dynamics<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

89 39


BEST PLACES TO WORK<br />

MULTIFAMILY<br />

The chart below provides a glimpse into some of the results from the detailed employer<br />

benchmark report from participating organizations, which are all <strong>Multifamily</strong> property<br />

managers. The orange bar represents the percentage of Best Places to Work in <strong>Multifamily</strong>,<br />

while the light grey bar represents the percentage of all other program participants.<br />

THIS ORGANIZATION’S CORPORATE<br />

COMMUNICATIONS ARE DETAILED<br />

ENOUGH<br />

81<br />

87<br />

I HAVE A GOOD UNDERSTANDING OF<br />

HOW THIS ORGANIZATION IS DOING<br />

FINANCIALLY<br />

69<br />

73<br />

I CAN TRUST WHAT THIS<br />

ORGANIZATION TELLS ME<br />

80<br />

85<br />

THIS ORGANIZATION TREATS ME LIKE<br />

A PERSON, NOT A NUMBER<br />

84<br />

87<br />

The success of Berger Rental Communities is the result of<br />

having outstanding employees that are dedicated to serving<br />

their customers, caring for one another, and delivering great<br />

results. I am proud of the outstanding culture that our team<br />

has built and the results we have achieved.<br />

Dan Berger, President<br />

Berger Rental Communities<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

90


THIS ORGANIZATION GIVES ME<br />

ENOUGH RECOGNITION FOR<br />

WORK THAT IS WELL DONE<br />

74<br />

81<br />

STAFFING LEVELS ARE ADEQUATE<br />

TO PROVIDE QUALITY SERVICE<br />

68<br />

73<br />

QUALITY IS TOP PRIORITY WITH<br />

THE ORGINIZATION<br />

83<br />

87<br />

SAFETY IS A TOP PRIORITY WITH<br />

THIS ORGANIZATION<br />

87<br />

91<br />

HOW DOES YOUR COMPANY COMPARE?<br />

Now that you’ve seen a sample of benchmarking data for Best Place to Work in<br />

<strong>Multifamily</strong>, how While does it’s your great organization to win an compare? award, we Find strive out to by always participating improve in the<br />

Best Places to Work and the in <strong>Multifamily</strong> information program. learned from this process is invaluable.<br />

Todd Farrell, President<br />

LMC<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

39 91


BEST PLACES TO WORK<br />

MULTIFAMILY<br />

The chart below provides a glimpse into some of the results from the detailed employer<br />

benchmark report from participating organizations, which are all <strong>Multifamily</strong> property<br />

managers. The orange bar represents the percentage of Best Places to Work in <strong>Multifamily</strong>,<br />

while the light grey bar represents the percentage of all other program participants.<br />

I BELIEVE THERE IS A SPIRIT<br />

OF COOPERATION WITHIN THIS<br />

ORGANIZATION<br />

83<br />

87<br />

MY EMPLOYER ENABLES A CULTURE<br />

OF DIVERSITY<br />

89<br />

91<br />

I LIKE THE PEOPLE I WORK WITH AT<br />

THIS ORGANIZATION<br />

93<br />

93<br />

AT THIS ORGANIZATION, EMPLOYEES<br />

HAVE FUN AT WORK<br />

87<br />

87<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

92<br />

At The REMM Group we strive to enrich those around us and<br />

encourage growth both professionally and personally. This<br />

award is meaningful because it is awarded by our associates<br />

in a confidential and honest forum. We take great pride<br />

in knowing that our culture is embraced by our associates<br />

....going beyond creating value, has become a way of life.<br />

We work as a team, everyone has a voice and everyone can<br />

add value. Together we elevate our expectations and each<br />

other!<br />

Sara D’Elia, CEO<br />

REMM Group


I FEEL I CAN EXPRESS MY HONEST<br />

OPINIONS WITHOUT FEAR OF<br />

NEGATIVE CONSEQUENCES<br />

76<br />

81<br />

CHANGES THAT MAY AFFECT<br />

ME ARE COMMUNICATED TO ME<br />

PRIOR TO implementation<br />

69<br />

76<br />

I LIKE THE TYPE OF WORK<br />

I DO<br />

93<br />

95<br />

I AM GIVEN ENOUGH AUTHORITY<br />

TO MAKE DECISIONS I NEED TO<br />

MAKE<br />

85<br />

87<br />

To lead our team of talented and devoted professionals in the<br />

service of helping others is an honor and privilege. That their<br />

feedback was a basis for this achievement speaks volumes<br />

about the commitment, spirit and passion required in making<br />

a difference in our community. We are thrilled to be a Best<br />

Places to Work <strong>Multifamily</strong> finalist!<br />

Helaine Blum, President<br />

Pathlight HOME<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

93


BEST PLACES TO WORK<br />

MULTIFAMILY<br />

The chart below provides a glimpse into some of the results from the detailed employer<br />

benchmark report from participating organizations, which are all <strong>Multifamily</strong> property<br />

managers. The orange bar represents the percentage of Best Places to Work in <strong>Multifamily</strong>,<br />

while the light grey bar represents the percentage of all other program participants.<br />

I BELIEVE MY JOB IS SECURE<br />

84<br />

85<br />

DEADLINES AT THIS ORGANIZATION<br />

ARE REALISTIC<br />

78<br />

85<br />

I FEEL I AM VALUED IN THIS<br />

ORGANIZATION<br />

80<br />

84<br />

I FEEL PART OF A TEAM WORKING<br />

TOWARD A SHARED GOAL<br />

85<br />

87<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

94<br />

We are honored to be recognized as one of the nation’s leading<br />

multifamily property management and investment firms. We pride<br />

ourselves on cultivating a truly authentic company culture that remains<br />

focused on family and allows our associates to go above<br />

and beyond to show our customers the Fogelman Difference. The<br />

team is thrilled to see Fogelman associates being nationally recognized<br />

for both the culture and exceptional performance they work<br />

hard to create every day.<br />

Melissa Smith, Chief Administrative Officer<br />

Fogelman


I AM ABLE TO MAINTAIN A REA-<br />

SONABLE BALANCE BETWEEN<br />

WORK AND MY PERSONAL LIFE<br />

82<br />

82<br />

MY JOB MAKES GOOD USE OF MY<br />

SKILLS AND ABILITIES<br />

85<br />

90<br />

I HAVE A CLEAR UNDERSTANDING<br />

OF MY JOB ROLE<br />

94<br />

93<br />

I UNDERSTAND THE IMPORTANCE<br />

OF MY ROLE TO THE SUCCESS OF<br />

THE ORGANIZATION<br />

93<br />

95<br />

We have created an atmosphere where team members are<br />

encouraged to share their ideas, develop their careers in a<br />

way that utilizes their passions and skills, and contribute to<br />

our success. As an organization, we feel it is our honor and<br />

responsibility to provide our team members with the support<br />

and resources to be the CEO of their area and provide the best<br />

service possible to their customers and team.<br />

Heather Riggs, VP <strong>Multifamily</strong> Operations<br />

Continental Properties<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

95


BEST PLACES TO WORK<br />

MULTIFAMILY<br />

The chart below provides a glimpse into some of the results from the detailed employer<br />

benchmark report from participating organizations, which are all <strong>Multifamily</strong> property<br />

managers. The orange bar represents the percentage of Best Places to Work in <strong>Multifamily</strong>,<br />

while the light grey bar represents the percentage of all other program participants.<br />

MOST DAYS, I FEEL I HAVE MADE<br />

PROGRESS AT WORK<br />

88<br />

92<br />

MY PHYSICAL WORKING CONDITIONS<br />

ARE GOOD<br />

94<br />

95<br />

MY GENERAL WORK AREA IS<br />

ADEQUATELY HEATED/COOLED<br />

89<br />

91<br />

THERE IS ADEQUATE NOISE CONTROL<br />

TO ALLOW ME TO FOCUS ON MY<br />

WORK<br />

87<br />

90<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

96<br />

This award is a testament to building a company that is<br />

built on Culture first. To all team members - past and present<br />

- thank you for being a part of this Team and a part of<br />

the Cardinal Story.<br />

Alex OBrien, President<br />

Cardinal Group Management


MY WORKSPACE HAS ADEQUATE<br />

PRIVACY FOR ME TO DO MY JOB<br />

84<br />

86<br />

I FEEL PHYSICALLY SAFE IN MY<br />

WORK ENVIRONMENT<br />

94<br />

94<br />

MY SUPERVISOR TREATS ME<br />

FAIRLY<br />

90<br />

91<br />

MY SUPERVISOR TREATS ME WITH<br />

RESPECT<br />

92<br />

92<br />

Gables is proud to be nominated for such a distinguished award. This<br />

award is meaningful as it encompasses everything we strive to do every<br />

day not only for our customers, but also for our associates, investors<br />

and community. Our company knows that our greatest asset and<br />

distinguishing strength is our people. This nomination helps to reaffirm<br />

that what we work towards every day makes a difference.<br />

Sue Ansel, President & CEO<br />

Gables Residential<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

97


BEST PLACES TO WORK<br />

MULTIFAMILY<br />

The chart below provides a glimpse into some of the results from the detailed employer<br />

benchmark report from participating organizations, which are all <strong>Multifamily</strong> property<br />

managers. The orange bar represents the percentage of Best Places to Work in <strong>Multifamily</strong>,<br />

while the light grey bar represents the percentage of all other program participants.<br />

MY SUPERVISOR HANDLES MY<br />

WORK-RELATED ISSUES<br />

SATISFACTORILY<br />

89<br />

90<br />

MY SUPERVISOR HANDLES MY<br />

PERSONAL ISSUES SATISFACTORILY<br />

90<br />

90<br />

MY SUPERVISOR ACKNOWLEDGES<br />

WHEN I DO MY WORK WELL<br />

87<br />

89<br />

MY SUPERVISOR TELLS ME WHEN MY<br />

WORK NEEDS IMPROVEMENT<br />

91<br />

92<br />

The backbone of Blue Ridge Companies is a high performance<br />

team of like-minded individuals who share common values and<br />

goals. We are very proud of the culture they have built. Being a<br />

finalist in the <strong>2018</strong> Best Places to Work <strong>Multifamily</strong> is truly an<br />

honor and affirms that we represent words with actions.<br />

Susan Passmore, Executive Vice President<br />

Blue Ridge Companies<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

98


MY SUPERVISOR IS OPEN TO<br />

HEARING MY OPINION OR<br />

FEEDBACK<br />

88<br />

89<br />

MY SUPERVISOR HELPS ME<br />

DEVELOP TO MY FULLEST<br />

POTENTIAL<br />

82<br />

85<br />

I FEEL I CAN TRUST WHAT MY<br />

SUPERVISOR TELLS ME<br />

87<br />

88<br />

THIS ORGANIZATION PROVIDED<br />

AS MUCH INITIAL TRAINING AS I<br />

NEEDED<br />

77<br />

81<br />

Our employees are the biggest asset we have, and we are invested<br />

in making them healthy, happy and successful! Our<br />

company is a large family – we are motivated to do the best for<br />

each other and for Carter-Haston. This culture and our people<br />

are truly what sets us apart!!<br />

Allyson Andrews, Vice President of Operations<br />

Carter-Haston<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

99


BEST PLACES TO WORK<br />

MULTIFAMILY<br />

The chart below provides a glimpse into some of the results from the detailed employer<br />

benchmark report from participating organizations, which are all <strong>Multifamily</strong> property<br />

managers. The orange bar represents the percentage of Best Places to Work in <strong>Multifamily</strong>,<br />

while the light grey bar represents the percentage of all other program participants.<br />

THIS ORGANIZATION PROVIDES AS<br />

MUCH ONGOING TRAINING AS I NEED<br />

80<br />

85<br />

THIS ORGANIZATION PROVIDES THE<br />

TECHNOLOGY, EQUIPMENT AND<br />

RESOURCES I NEED TO DO MY JOB<br />

WELL<br />

86<br />

89<br />

THE COMPUTER OR OTHER<br />

HARDWARE I USE TO DO MY JOB IS<br />

DEPENDABLE<br />

84<br />

86<br />

THE SOFTWARE AND PROGRAM<br />

APPLICATIONS I USE TO DO MY JOB<br />

ARE ADEQUATE<br />

84<br />

87<br />

I’m trying to create a concept of conscious capitalism. We’re<br />

trying to create a model which is a win-win model for investors,<br />

employees, the community, and tenants that call our<br />

properties homes.<br />

Swapnil Agarwal, CEO and Founder<br />

Karya Property Management & Nitya Capital<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

100


TECHNOLOGY ISSUES ARE RE-<br />

SOLVED IN A TIMELY MANNER<br />

86<br />

86<br />

TECHNOLOGY ISSUES AFFECTING<br />

MY WORK ARE COMMUNICATED<br />

TO ME IN A TIMELY MANNER<br />

74<br />

82<br />

I UNDERSTAND WHAT IS EXPECT-<br />

ED FOR CAREER ADVANCEMENT<br />

73<br />

80<br />

I AM ENCOURAGED TO EXPLORE<br />

GROWTH OR ADVANCEMENT<br />

OPPORTUNITIES WITHIN THE<br />

ORGANIZATION<br />

72<br />

80<br />

Our people are the very engine of all we do. Without them...<br />

we’re just selling lumber. Walls and doors. With the right<br />

team...we’re building vibrant communities. Places worthy of<br />

calling home.<br />

Darren Williams, President<br />

Portico Properties<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

101


BEST PLACES TO WORK<br />

MULTIFAMILY<br />

The chart below provides a glimpse into some of the results from the detailed employer<br />

benchmark report from participating organizations, which are all <strong>Multifamily</strong> property<br />

managers. The orange bar represents the percentage of Best Places to Work in <strong>Multifamily</strong>,<br />

while the light grey bar represents the percentage of all other program participants.<br />

THERE IS ROOM FOR ME TO ADVANCE<br />

AT THIS ORGANIZATION<br />

72<br />

80<br />

I TRUST THAT IF I DO GOOD WORK,<br />

I WILL BE CONSIDERED FOR A<br />

PROMOTION<br />

72<br />

80<br />

MY PAY IS FAIR FOR THE WORK I<br />

PERFORM<br />

67<br />

73<br />

OVERALL, I’M SATISFIED WITH THIS<br />

ORGANIZATION’S BENEFITS PACKAGE<br />

74<br />

81<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

102<br />

The Best Places to Work <strong>Multifamily</strong> program allows us to<br />

stay informed about the things that matter to our employees<br />

and in turn to do the work needed to consistently be one of the<br />

Best Places to Work in the multifamily industry. Our employees<br />

are the heartbeat of the company; their job satisfaction,<br />

work environment and the benefits we offer provides the lifeblood<br />

needed for them to be successful which translates into<br />

success for the company now and well into the future.<br />

Wendy Drucker, Managing Director<br />

Drucker & Falk Real Estate


I’M SATISFIED WITH THE AMOUNT<br />

OF VACATION (OR PAID TIME OFF)<br />

75<br />

84<br />

I’M SATISFIED WITH THE SICK<br />

LEAVE POLICY<br />

74<br />

85<br />

I’M SATISFIED WITH THE AMOUNT<br />

OF HEALTHCARE PAID FOR<br />

69<br />

74<br />

I’M SATISFIED WITH THE DENTAL<br />

BENEFITS<br />

76<br />

79<br />

At CWS, we believe our people are our greatest asset; we understand<br />

our core values and culture create a dynamic environment<br />

for people to be their best every day. Being nominated for this<br />

prestigious award is a reflection of our amazing team and the<br />

culture we have built together at CWS, and we couldn’t be more<br />

proud.<br />

Marcellus Mosley, Senior Vice President<br />

CWS Apartment Homes<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

103


BEST PLACES TO WORK<br />

MULTIFAMILY<br />

The chart below provides a glimpse into some of the results from the detailed employer<br />

benchmark report from participating organizations, which are all <strong>Multifamily</strong> property<br />

managers. The orange bar represents the percentage of Best Places to Work in <strong>Multifamily</strong>,<br />

while the light grey bar represents the percentage of all other program participants.<br />

I’M SATISFIED WITH THE VISION CARE<br />

BENEFITS<br />

77<br />

80<br />

I’M SATISFIED WITH THE RETIREMENT<br />

PLAN BENEFITS<br />

72<br />

79<br />

I’M SATISFIED WITH THE LIFE<br />

INSURANCE BENEFITS<br />

77<br />

82<br />

I’M SATISFIED WITH THE DISABILITY<br />

BENEFITS<br />

73<br />

79<br />

We are thrilled to be receiving this honor, but most of all we’re<br />

happy because what this really means is that we’re doing a<br />

great job as an employer. We’ve known for a long time that the<br />

greatest asset we have at ALCO are the people who work here<br />

and I think being added to this list just confirms our belief.<br />

Frank Jemison, Jr., Chief Executive Officer<br />

Alco Management, Inc.<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

104


I’M SATISFIED WITH THE TUITION<br />

REIMBURSEMENT BENEFITS<br />

56<br />

69<br />

OVERALL, I AM VERY SATISFIED<br />

WITH MY EMPLOYER<br />

88<br />

91<br />

MOST DAYS, I LOOK FORWARD TO<br />

GOING TO WORK<br />

82<br />

88<br />

MY JOB PROVIDES ME WITH<br />

A SENSE OF MEANING AND<br />

PURPOSE<br />

82<br />

88<br />

In an age of corporate transparency, this program provides<br />

valuable insight into what our associates feel, and also shows<br />

that we are actively listening. It’s no longer about “the squeaky<br />

wheel getting the grease,” but about nurturing a corporate culture<br />

that makes JVM the most desirable employer in the industry.<br />

Jay Madary, President and CEO<br />

JVM Realty<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

105


BEST PLACES TO WORK<br />

MULTIFAMILY<br />

The chart below provides a glimpse into some of the results from the detailed employer<br />

benchmark report from participating organizations, which are all <strong>Multifamily</strong> property<br />

managers. The orange bar represents the percentage of Best Places to Work in <strong>Multifamily</strong>,<br />

while the light grey bar represents the percentage of all other program participants.<br />

I AM PROUD TO WORK FOR THIS<br />

ORGANIZATION<br />

86<br />

91<br />

I FEEL THIS ORGANIZATION HAS<br />

CREATED AN ENVIRONMENT WHERE I<br />

CAN DO MY BEST WORK<br />

81<br />

87<br />

I AM WILLING TO GIVE EXTRA EFFORT<br />

TO HELP THIS ORGANIZATION<br />

SUCCEED<br />

92<br />

96<br />

I PLAN TO CONTINUE MY CAREER<br />

WITH THIS ORGANIZATION FOR AT<br />

LEAST TWO MORE YEARS<br />

83<br />

88<br />

<strong>Multifamily</strong> <strong>Leadership</strong><br />

106<br />

RealSource Management takes pride in serving our teams using a<br />

people centric approach, as we are passionate about their personal<br />

and professional growth. First and foremost, we strive to listen to<br />

feedback and implement change, empower our teams, and develop<br />

our people so that they can pay it forward. With the right principles<br />

and the right culture, we believe our people will do extraordinary<br />

things.<br />

Teresa Rose, Senior Vice President<br />

RealSource Management


I WOULD RECOMMEND THIS OR-<br />

GANIZATION’S PRODUCTS/SERVIC-<br />

ES TO A FRIEND<br />

88<br />

91<br />

I WOULD RECOMMEND WORKING<br />

HERE TO A FRIEND<br />

85<br />

90<br />

HOW DOES YOUR COMPANY COMPARE?<br />

Now that you’ve seen our benchmarking data for Best Place to Work <strong>Multifamily</strong>, how<br />

does your organization compare? Find out by participating in the Best Places to Work in<br />

<strong>Multifamily</strong> program.<br />

Employee engagement is actually a much more powerful indicator<br />

of organizational success than the size of the company,<br />

as employee engagement is tied to behavior and higher performance.<br />

Patrick Antrim, Chief Executive Officer<br />

Multifamiliy <strong>Leadership</strong><br />

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BORN IN THE<br />

DIGITAL<br />

AGE<br />

MEET MULTIFAMILY HOUSING’S NEWEST INFLUENCERS: GENERATION Z<br />

By: Kerry W. Kirby | Founder, CEO 365 Connect<br />

For years, the buzzword in the multifamily housing industry<br />

has been “Millennials.” This unique demographic<br />

has been responsible for leading the surge in rental<br />

housing, as well as pushing it into a more digitized<br />

space. They have actively reshaped how we market,<br />

deliver services, and interact online.<br />

Although Millennials, ranging from ages 22 to 37, are<br />

still active in the rental market, there is a new demo-<br />

graphic that you should<br />

pay close attention to.<br />

Meet Generation-Z, which<br />

accounts for nearly 61<br />

million people in the U.S.<br />

alone, and is quickly outpacing<br />

Millennials in<br />

terms of population size.<br />

With its oldest members<br />

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GENERATION-Z ACCOUNTS FOR<br />

NEARLY 61 MILLION PEOPLE IN THE U.S.<br />

GENERATION<br />

Z IS QUICKLY<br />

OUTPACING<br />

MILLENNIALS<br />

IN TERMS OF<br />

POPULATION<br />

SIZE<br />

trustworthy information.<br />

Are incredibly fluent in<br />

social media and leverage<br />

rental and job markets.<br />

Although Generation-Z is<br />

following in the footsteps<br />

of Millennials, the two<br />

generations are not one<br />

in the same. Both are incredibly<br />

smart, pro-tech,<br />

and progressive in their<br />

personal views, but Gen-Z<br />

is the first demographic<br />

the power of digital channels.<br />

Require speed and<br />

mobility due to their eight<br />

second attention span.<br />

born completely within<br />

hovering around ages 18<br />

to 22, this group is now<br />

“The Digital Age,” knowing<br />

only how to lead a life<br />

where resources, products,<br />

and services are in-<br />

Gen-Z also possesses real<br />

purchasing power within<br />

the multifamily industry.<br />

It’s estimated that<br />

beginning to enter the<br />

stantaneous.<br />

Numerous<br />

members of Generation-Z<br />

studies conducted on<br />

Generation-Z reflect that<br />

this new wave of renters:<br />

Highly values education<br />

and entrepreneurship.<br />

Turns to online reviews for<br />

will spend an average of<br />

$226,000 on rent before<br />

ever owning a home, compared<br />

to roughly $200,000<br />

for Millennials.<br />

To capitalize on this<br />

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SEAMLESS ACCESS<br />

emerging demographic, many companies<br />

will need to up their technology game, especially<br />

when it comes to mobile-friendly digital<br />

platforms. Gen-Z spends an average of<br />

26 hours per week on their mobile phones,<br />

so they expect all content to be easily accessible<br />

and formatted to fit screens across<br />

multiple devices. Because they are always<br />

connected, Gen-Z also expects seamless<br />

access to information and services with the<br />

swipe of a finger.<br />

But, as hard as you may try when it comes to mobilizing<br />

your web presence, you cannot try too<br />

hard in your marketing campaigns. Gen-Z does<br />

not like to be sold to; instead, they want to be<br />

informed, so they can formulate their own opinion.<br />

In other words, you must be relatable, transparent,<br />

and authentic in your marketing. Most<br />

notably of all, you need to deliver information –<br />

not a pitch – to your targeted audience. Just think<br />

content marketing versus traditional advertising.<br />

Additionally, Gen-Z sees no difference between<br />

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TO INFORMATION<br />

online and offline business<br />

transactions and demands<br />

the ability to connect<br />

with you anywhere<br />

and on any device they<br />

happen to be using at the<br />

moment.<br />

Other than being a generation<br />

that is dead-set on<br />

their opinions, Gen-Z is<br />

also known as “the nonverbal<br />

generation,” being<br />

among the many who own<br />

a smartphone, but rarely<br />

use it to make phone<br />

calls. By communicating<br />

through text, social media<br />

messaging, and the occasional<br />

email, the ultimate<br />

goal for this generation is<br />

to engage in as little human<br />

interaction as possible.<br />

Smart apartment operators<br />

are living in those<br />

channels, communicating<br />

with prospects and residents<br />

in real time with bi-<br />

“Many companies<br />

will need to up their<br />

technology game,<br />

especially when it<br />

comes to mobilefriendly<br />

digital<br />

platforms.”<br />

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112


directional texting, while<br />

keeping fresh content<br />

flowing in their social media<br />

channels to stay relevant<br />

in local search.<br />

Similar to the shifting expectations<br />

in communication<br />

methods, the bar<br />

continues to rise when it<br />

comes to amenities. Popular<br />

amenities among the<br />

Gen-Z set include blazing<br />

fast Wi-Fi, seamless mobile<br />

phone connectivity,<br />

and any smart home technologies<br />

that help them<br />

better manage their lifestyle<br />

at-home. Yes, for this<br />

generation, digital amenities<br />

are valued more than<br />

the traditional community<br />

swimming pool.<br />

With all of their original<br />

preferences, who would<br />

expect their ideas to be<br />

any different? It’s true<br />

that Generation-Z is by far<br />

the most entrepreneurial<br />

generation to date —<br />

even more so than Millennials.<br />

They are certainly<br />

no strangers to obtaining<br />

freelance work on a regular<br />

basis or even starting<br />

their own online businesses.<br />

Platforms like Etsy and<br />

Upwork, along with the<br />

rise of social media influencers,<br />

have shown them<br />

the roadmap to making<br />

money is not limited to<br />

their physical location or<br />

educational background.<br />

In response to this trend,<br />

some communities are<br />

adding co-working spaces,<br />

and what is known<br />

as “makerspaces.” These<br />

unique environments inspire<br />

creativity and productivity<br />

in providing a<br />

variety of resources, from<br />

3-D printers and sewing<br />

machines to woodworking<br />

tools and laser cutters.<br />

Even giants in co-working<br />

spaces, such as WeWork,<br />

PHOTO: CARTER-HASTON<br />

PHOTO: IMT RESIDENTIAL<br />

PHOTO: GABLES RESIDENTIAL<br />

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GEN-Z WILL BRING A<br />

LOT OF CHANGE TO<br />

THE MULTIFAMILY<br />

HOUSING INDUSTRY<br />

are testing integrated living environments,<br />

like WeLive, to capitalize on this<br />

rapidly growing market.<br />

The next time you see a designated rideshare<br />

pickup zone, Amazon Hub locker<br />

system, or an option to tour an apartment<br />

without encountering any human<br />

life, it probably happened with a little<br />

influence from someone you just read<br />

about.<br />

When all is said and done, Gen-Z will<br />

bring a lot of change to the multifamily<br />

housing industry. So, be sure to strap<br />

car because from the looks of it,<br />

we’re in for quite a ride.<br />

ABOUT THE AUTHOR:<br />

Kerry W. Kirby is a renowned<br />

entrepreneur, speaker, and<br />

technology innovator. He is<br />

the founder and CEO of 365<br />

Connect, a leading provider<br />

of award-winning marketing,<br />

leasing, and resident<br />

technology platforms for<br />

the multifamily housing<br />

industry.<br />

on that seatbelt in your autonomous<br />

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SMART QUESTIONS FOR SMART<br />

APARTMENTS<br />

And before we go any further, I’d like to put<br />

some of those conversations in (anonymized)<br />

By: Felicite Moorman | CEO | Stratis & BuLogics<br />

writing. After all of my conversations over the<br />

years, there has only been one person who<br />

asked me every pertinent question. In fairness,<br />

there was another who came in a close<br />

second; however, the executive of the future<br />

needs to know what questions to be asking in<br />

order to make the most informed and impactful<br />

decisions for his or her organization.<br />

It has been my distinct honor, in the <strong>Multifamily</strong><br />

and student housing industries,<br />

to have answered a question on technology,<br />

either directly or indirectly, by someone<br />

at every single “top-rated” company<br />

in those industries. Whether from the<br />

stage as a contestant, keynote, or panelist<br />

(I spoke at 22 technology, <strong>Multifamily</strong>,<br />

or student housing conferences last<br />

year), or via email, webinar, phone call,<br />

or meeting, and sometimes through a<br />

partner, over the last five years at STRA-<br />

TIS, I’ve spoken with so many of you.<br />

What the heck is the “IoT?”<br />

IoT stands for “Internet of Things.” In <strong>Multifamily</strong>,<br />

the Internet of Things includes property-wide<br />

connections of devices to each other<br />

and to the Internet. These IoT devices are<br />

known as “smart,” “wireless,” and “connected,”<br />

to name a few. Examples would be door<br />

locks, thermostats, lighting, and leak sensors<br />

controlled by various software and apps. It is<br />

estimated that 900 Million IoT devices for the<br />

Smart Home will be installed by 2022.<br />

What is “Facilities IoT?”<br />

Facilities IoT is an independent, building-wide<br />

It’s been a phenomenal learning and educating<br />

experience, and I’m grateful.<br />

network of devices whose use cases prioritize<br />

the perspective of the Property Manager. A<br />

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FELICITE MOORMAN<br />

CEO | STRATIS & BuLOGICS<br />

Property Manager and Resident should<br />

use one application to manage all of<br />

these Smart Appliances, Door Locks,<br />

Thermostats, Multi-Sensors (leak, smoke<br />

humidity, etc.) and even enterprise voice<br />

control, otherwise known as “Things!”<br />

For all the buzz and excitement around<br />

Smart Apartments, the foundation built<br />

from the start determines whether your<br />

project is “smart.”<br />

Why does “Facilities IoT” matter?<br />

There are operational efficiencies, revenue<br />

opportunities, and increased valuations<br />

to be gained. With some forethought,<br />

there’s an easier way to do<br />

many of the things that we do in <strong>Multifamily</strong><br />

today and intelligent buildings<br />

can help.<br />

What is a Smart Apartment?<br />

A Smart Apartment is connected to a<br />

property-wide IoT network (not a hospitality-style<br />

WiFi network), and often<br />

includes electronic door locks, smart<br />

thermostats, smart lighting, leak sensing,<br />

shade control, fan control, outlets,<br />

and more.<br />

All devices automatically assign to the<br />

Resident at move-in and revert to Prop-<br />

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erty Management control at move-out, no hands-on<br />

reset of devices.<br />

What does integration mean?<br />

Integration is used frequently to refer to technical partnering<br />

of various devices and related softwares.<br />

What does “future proof” mean?<br />

Future proof means the product was created to be<br />

easily iterated upon after installation. This allows for<br />

products that become relevant in the future, next generations<br />

of Nest or Apple HomePod, for instance, to be<br />

included.<br />

What is a Hub/Gateway/Controller?<br />

The Gateway connects IoT devices<br />

on the property to the<br />

internet, so that they can be<br />

monitored and controlled.<br />

Gateways are placed strategically<br />

throughout the building<br />

(and occasionally per unit, depending<br />

on use case) to create<br />

a robust and reliable network.<br />

What is Z-Wave? Zigbee?<br />

You probably use Bluetooth<br />

and WiFi in your personal life<br />

today, and maybe in a Smart<br />

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with WiFi to your WiFi router. They also enable different<br />

devices (like light switches, sensors, and outlets),<br />

with better battery life and decreased lag time.<br />

What is LoRa?<br />

LoRa is a new long range wireless protocol. A data collector<br />

can cover several miles (as opposed to feet or<br />

even a building). This allows technologists to deploy<br />

across sites with fewer data collectors in the future<br />

(part of cost reduction and future proofing).<br />

Home or even Smart Apartment<br />

application. Z-Wave and<br />

Zigbee are wireless connectivity<br />

protocols similar to Bluetooth<br />

and WiFi, but with some<br />

added and different benefits.<br />

What is an API?<br />

API stands for Application Programming Interface.<br />

Your chosen platform should work technologically via<br />

deeply integrated device APIs, so that Property Managers<br />

and Residents are not required to use multiple<br />

apps for multiple devices.<br />

SMART APARTMENT<br />

Can Residents bring their own smart “things?”<br />

Choose a platform that allows “BYOT” or “Bring Your<br />

Own Thing” for maximum Resident retention.<br />

Both are mesh networking<br />

protocols, meaning they each<br />

create a robust wide range<br />

web of connections, instead<br />

of point to point connections<br />

like a Bluetooth Speaker to<br />

your phone, or your laptop<br />

Can I control vacant apartment devices?<br />

Yes. If a unit is vacant, either during lease up or turn,<br />

there are several features that should enable you to<br />

control that unit in exciting ways, like thermostat setbacks,<br />

lighting, and obviously mobile keys. This is an<br />

opportune time to achieve return on your technology<br />

investment.<br />

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SMART CONTROLS<br />

Can I just start with access management and control?<br />

Yes. You may start with one module, access, energy,<br />

or automation (like lighting or leak sensing) and add<br />

additional modules as you realize a return on investment.<br />

This is a “bite size is the right size” philosophy<br />

that enables easy adoption in the cost-conscious and<br />

practice of taking spoken word<br />

(directions, like, “turn on the<br />

light”) as input to a computer<br />

program.<br />

In addition to Siri and Alexa,<br />

there are Samsung’s Bix-<br />

risk averse.<br />

Can I do Smart Apartments without smart locks?<br />

Of course! However, I generally see some of our fastest<br />

return on investment on properties using electronic<br />

access.<br />

Can I use Resident WiFi for Smart Apartments?<br />

I do not recommend using Resident WiFi because Property<br />

Management cannot control the vacant unit when<br />

the Resident ends their WiFi service. Vacant units are a<br />

great time to realize labor and energy savings.<br />

What is a “Scene?”<br />

A “scene” is a group of directions to devices triggered<br />

by one direction. For instance, saying “Alexa, Good<br />

morning!” or selecting the “Good Morning!” scene in<br />

your Mobile App would turn on select lights and set<br />

the temperature according to preference upon waking.<br />

What is Voice Recognition (VR)?<br />

Voice recognition, also called speech recognition, is the<br />

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y and Google, all of which<br />

can be integrated into your<br />

Smart Apartment or Intelligent<br />

Building to provide voice<br />

control for both Residents<br />

and Property Managers using<br />

Enterprise (Business) Applications<br />

(for instance, “Alexa,<br />

how many maintenance tickets<br />

are outstanding?”).<br />

How do I reset devices when I turn a unit?<br />

Devices should automatically return to Property Management<br />

control when a Resident is moved off your<br />

rent roll.<br />

How are devices updated after installation?<br />

Choose devices that can be updated remotely via software.<br />

This is called OTA (over-the-air) updating.<br />

Will my Utility cover the cost of the smart thermostat?<br />

Often. It depends on the utility, but your IoT Platform<br />

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provider will research that for you.<br />

Will my Insurer cover the cost of the<br />

leak sensors?<br />

Often. It depends on the insurer, but<br />

your IoT Platform provider will research<br />

that for you.<br />

Can Staff/Vendors/Guests/Concierge<br />

Services use IoT Mobile App?<br />

Yes! Everyone should use the IoT Mobile<br />

App for increased operational efficiencies<br />

and reduced labor costs, with<br />

Property Management Permissions, especially<br />

with regard to “sidewalk to sofa”<br />

access control and energy management!<br />

What are and who has permissions?<br />

Permissions range from a staff person<br />

with no permissions to Portfolio and<br />

Property Managers with full permissions<br />

to use all features and options in a Platform.<br />

Each Property Manager with full<br />

permissions will establish permissions<br />

for others, per property and portfolio.<br />

What network do you use?<br />

I recommend an IoT specific device network,<br />

not Resident WiFi, not just 4G<br />

(we’ve all faced cellular challenges in<br />

buildings), and not a common wifi network.<br />

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Does your IoT Platform assist with:<br />

Package Management? Agentless Leasing?<br />

Lease-up? Property-wide Energy<br />

Management? Device Life Cycle Management?<br />

Billable-grade Energy Monitoring?<br />

Demand Response? Payments?<br />

Do Residents need more than one<br />

app?<br />

No. Residents can unlock all property<br />

access points with their STRATIS Mobile<br />

App or with their STRATIS hard credential<br />

(fob) as backup. This is the same app<br />

that Residents use to control their unit<br />

thermostat, lighting, shades, outlets,<br />

submit maintenance requests, & send<br />

visitor access!<br />

What revenue lift/rent raise will I see<br />

on a site?<br />

Properties are seeing between $30-50/<br />

unit/month average revenue lift in their<br />

connected-device deployments. I recommend<br />

focusing on increasing NOI<br />

via operating efficiencies to safeguard<br />

against market fluctuations.<br />

What cost savings can IoT provide?<br />

Calling a locksmith one time to conduct<br />

a rekey, help with a lock-out, etc. will<br />

cost more than the entire cost of one<br />

electronic lock. A leak in a high-rise (e.g.<br />

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123


greywater testing on the 22nd floor), can destroy an<br />

entire column of units, causing massive reconstruction<br />

costs & delayed resident move-ins. Mass energy<br />

control of thermostats & lighting has substantial<br />

cost saving impacts, especially in student housing<br />

where vacancy is higher during a few months of the<br />

year.<br />

Set limits on how high or low residents can set the<br />

thermostat (within a reasonable range). This simple<br />

fix eliminates the huge energy waste we see from<br />

the extreme ends of thermostat setpoints. Your<br />

platform should control thermostats & lighting in<br />

common areas, amenity areas, and vacant units<br />

with the click of a button.<br />

Are there electronic door locks that are ADA-compliant<br />

and fire rated for <strong>Multifamily</strong>?<br />

Yes. Only ADA-compliant, fire-rated electronic door<br />

locks should be used in <strong>Multifamily</strong> installs.<br />

ABOUT THE AUTHOR<br />

Felicite Moorman, CEO STRATIS & BuLogics<br />

Felicite Moorman is an award-winning technology<br />

entrepreneur and attorney with over twenty-five<br />

years of experience founding and building companies.<br />

She’s an EY Entrepreneur of the Year® Award<br />

recipient and has earned an international reputation<br />

as a go-to IoT industry expert, developing pioneering<br />

strategic partnerships and unprecedented<br />

technology strategies and initiatives in the Internet<br />

of Things.


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