Rehabilitation of multifamily properties has always been a difficult decision for the owner, and to make green upgrades is a tougher call because of the reputation of green upgrades being costly. The upfront cost, hassle of managing the rehab, issue of split incentive, i.e., owner pays for the upgrades while the tenants receive the benefits, often leads owners to not even consider a rehab — let alone green upgrades.

The CBRE Investor Survey was sent to influential senior housing investors, developers and brokers throughout the U.S. with the objective of identifying key trends in the senior housing real estate industry in an effort to better understand the state of the rapidly evolving senior housing and care market.

The Apartment Association of New Mexico has partnered with Cozy, a leading provider of property management software, to bring modern rent collection and screening tools to AANM members. AANM serves over 725 companies and individuals, like yourself, that own or manage more than 53,000 apartment homes in New Mexico. Unfortunately, many of our members still regularly deal with late rent, paper checks, and bad tenants who slip through the screening process. We have partnered with Cozy to help you avoid these pitfalls, and to provide you with the tools needed to be successful.

RealShare Apartments East kicked off on Wednesday at the Thompson Hotel in Miami Beach. The biggest question on everyone’s mind in the morning session was the volatility in the government-sponsored enterprises (GSEs).

As rent prices continue to rise and a growing number of households are choosing to rent instead of buy, some individuals are looking to alternative options like Airbnb and other short-term living solutions that offer a more flexible lifestyle instead of committing to a year-long lease. Sky-high rents have resulted from demand outpacing supply in most markets, and in 2015, renter households spent $535 billion on rent, up $19 billion from 2014, Zillow reported.

AANM offers over 500 hours of education every year.

Sign up for a specific offering below or visit our website for a detailed list of all classroom seminars, luncheons, and events.

Paul Rhodes, NAA National Maintenance & Safety Instructor will be in the AANM classroom starting April 26, 2016 to provide all educational courses required.

Celebrate your maintenance teams with our annual maintenance competition on March 29, 2016 at Expo New Mexico!

 Click here for information about the event and to get registered.

 

 

 

April's Membership Luncheon is on Thursday April 21 from 1130 AM- 1:00 PM at Sheraton Albuquerque Uptown. Register today.

The Annual Golf Classic is held in June and is a popular fundraising event for the association.

Apartment Conference & Tradeshow August 17,18 & 19,2016

In overwhelmingly bipartisan fashion, the House Financial Services Committee voted 54-0 to support the "Flood Insurance Market Parity and Modernization Act" on March 2. NMHC and NAA have long called for the legislation’s passage to help increase private market competition for flood insurance coverage outside the National Flood Insurance Program (NFIP).

NMHC and NAA are encouraging lawmakers to enhance the Low-Income Housing Tax Credit (LIHTC) by increasing program resources to promote the production of more affordable housing. The nation is short 3.9 million affordable units for extremely low-income households.

Back in November, the House of Representatives, as is its tradition, released the work schedule for the coming year. Besides the standard recess periods around holidays and the month of August, there would be six additional weeks of recess where members would be in their districts, not in Washington. As is my tradition since joining NAA, I checked the 2016 Capitol Conference schedule to see if one of these extra recess periods overlapped with our Lobby Day. Indeed, it would. The Senate would be in session on March 9, but the House would not. While I had confidence that our members knew the value of meeting with Congressional staff, I was worried that our attendance would be hurt by the lack of Representatives in Lobby Day meetings. Boy, was I wrong!