News

05/052017

The Multifamily Leadership Podcast™ Launches for On-the-Go-Executives

Scottsdale, Arizona, May 5, 2017 (Newswire) -The Multifamily Leadership Podcast™, a podcast designed to engage Leaders for business success and prepare Multifamily professionals for the FUTURE of WORK, has just been released and is available to listeners for free subscription on iTunes, Google Play, Stitcher, and other platforms.
Learn from top Multifamily Leaders and Executives on how to create results for you and your Multifamily property or portfolio. The Multifamily Leadership Podcast™ will deliver valuable information and messaging to busy executives while they’re driving, walking, on long train rides, or at the gym, for instance.

The growth in smartphone technology, busy multitasking professionals, as well as mobile and connected devices offering a native podcast app, helped the decision to launch the Multifamily Leadership Podcast™.

Show host, Patrick Antrim, intends to deliver high caliber, compelling conversation and interviews with top leadership minds. Advertisers and supporting sponsors are looking for content that is designed to live on mobile platforms and reach executives where they are, thus the Multifamily Leadership Podcast™ is a perfect fit.
The Multifamily Leadership Podcast™ focuses on topics that will help Multifamily operators increase revenue through insightful discussion of innovation and industry best practices and is geared toward success strategies for Multifamily Professionals, CEOs, executive leaders and aspiring leaders that want to drive high performance results for their portfolio.
With the ability to listen on mobile devices, in your car, or in your office, listeners will get 24/7 access to the top leadership minds that they wouldn’t be able to reach otherwise. The most recent episodes featured information on brand management, organizational culture, and emotional intelligence.
“The Multifamily Apartment Industry has a big impact in our communities and how we live our lives. Having an outlet like the Multifamily Leadership Podcast™ is very important because apartments and their residents contribute more than 3.5 billion dollars to our economy every day. We believe it’s important to stay up to date on trends in leadership whether you are just starting out in the industry, managing a portfolio or have thousands of employees that you count on to drive yields for your investment properties,” states Antrim.
Fans of the podcast can reach out to MultifamilyLeadership.com to provide feedback and ideas for the podcast, become a guest on the show, or become a sponsor.
Based in Scottsdale, Arizona, the Multifamily Leadership Podcast™ serves listeners interested in practical issues and innovation that affect the Industry on a daily basis.

10/062016

Pinnacle on the Rise as a Leading Multifamily Manager in Houston

News by Multifamily Leadership

Jenifer Paneral Leads the Charge as Regional Vice President

HOUSTON, TX–(Marketwired – October 06, 2016) – Pinnacle, one of the nation’s leading multifamily management firms, rises as a leading player in the Houston market following a 214 percent increase in portfolio size over the last two years. Now the third largest residential property manager in the metropolitan area, the company is charged with enhancing the operational efficiencies of 37 communities totaling 10,836 apartment homes for four major institutional clients.

Jenifer Paneral joins Pinnacle as a regional vice president to oversee the portfolio and guide the efforts of more than 160 team members. She reports to Woody Stone, executive vice president of the Eastern Division, from a new regional office located at 3411 Richmond Avenue, Suite 460 in Houston.

“Pinnacle has been awarded a steady increase in Houston management assignments since the company’s recapitalization in 2014. Since then, our portfolio has more than doubled in size each year,” explains Stone. “Jenifer comes on board to complement the efforts of our existing team and build on the culture and processes in place. We are more than confident our clients will be pleased with their selection of our company to manage these properties.”

Reporting to Paneral will be Vice President Terry Henry, who has drawn on 30 years of experience to drive the company’s ongoing success in the Houston area, as well as three veteran and four new regional property managers. New to the team are:

Shelley Johnson, regional property manager, brings 28 years of experience to oversee a portfolio of 5 communities totaling 1,410 units.
Dana Dovell, regional property manager, brings 26 years of experience to oversee a portfolio of 3 communities totaling 976 units.
Lanie Harryman, regional property manager, brings 30 years of experience to oversee a portfolio of 5 communities totaling 1,376 units.
Crystal Jackson, regional property manager, brings 13 years of experience to oversee a portfolio of 6 communities totaling 1,642 units.

Paneral comes to Pinnacle from Crossbeam/Concierge Management Services where she served as the chief operating officer and senior vice president for more than eight years. Prior, she was in leadership positions at both Alliance Resident Management and SCG Realty Services. Paneral brings with her a passion for the industry and for the difference she can make as a team builder and well-connected leader. A 25-year veteran, she is well-versed in managing growing companies, property repositioning, renovations, efficiency programs, new construction and lease-ups.

Currently, Paneral serves as a board member and past president of the Houston Apartment Association and a board member for the National Apartment Association and Texas Apartment Association, where she is active with media relations and budgeting committees. Paneral is a Certified Property Manager from the Institute of Real Estate Management, a licensed Texas real estate broker, and a graduate of Minnesota State University.

About Pinnacle Property Management Services, LLC

Pinnacle Property Management Services, LLC, (“Pinnacle”) is a privately held national real estate provider specializing in third party management of multifamily residential communities. As one of the nation’s preferred third-party managers, Pinnacle’s portfolio includes over 165,000 residential units and 2.5 million square feet of commercial assets. With the Corporate headquarters located in Dallas, Texas, Pinnacle has more than 4,000 employees located in 32 states. For more information, visit www.pinnacleliving.com.

10/062016

Lennar Multifamily Venture Reflects Strength in Leadership

News by Multifamily Leadership

Understanding the long-term strategy of an organization can play a key role in employee engagement and satisfaction. In fact, in order to thrive as an employee, the employee must have confidence in the leadership of the firm for whom they work. This understanding and confidence leads to higher engagement and loyalty from workers across the board. Lennar is now fully-funded to develop and own multifamily communities across the nation, “Lennar Multifamily Venture” (LMV), which is a long-term venture that is coming to fruition.

Securing capital from investors for this venture solidifies the confidence placed with Lennar and their ability to develop these multifamily communities in 25 markets throughout the United States. Rick Beckwitt, President of Lennar Corporation, said, “The success of the LMV capital raise demonstrates the confidence venture investors have placed in LMC and our new build to core strategy that will allow us to maintain an ownership interest in a portfolio of income producing communities going forward. We continue to see growing demand in housing, both in our core homebuilding business as well as our multifamily platform. This venture is a key building block for one of our growing ancillary businesses.”

Information about Lennar

Lennar Corporation, founded in 1954, is one of the nation’s largest builders of quality homes for all generations. The Company builds affordable, move-up and retirement homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of the Company’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about the Company may be obtained at the “Investor Relations” section of the Company’s website, www.lennar.com.

10/032016

Community Service Key Driver of Multifamily Employee Engagement

News by Multifamily Leadership

Employee engagement is a hot topic in the Multifamily Industry today as top management companies are looking for ways to increase productivity and decrease employee turnover. One key driver of employee engagement that is often overlooked is community service. Pinnacle, one of the nation’s leading management firms, has announced that they are devoting the entire first week of October to helping improve the local communities their properties serve.

Together with the United Way, Pinnacle employees will be assisting local food banks, working on restoring local schools and parks, and providing support to local social service agencies. “Pinnacle is built on a caring culture and we are providing our employees with an opportunity to assist a non-profit of their choosing during the work week,” explains Chief Operating Officer Larry Goodman. “Everyone has busy lives and it is sometimes difficult to find the time to serve a particular community need. This gives every team member the chance to participate.”

Providing opportunities to your employees to participate in community service projects is not only beneficial for the local communities you serve, but also for your employees to gain a sense of pride and loyalty to the firm, thus improving your employer brand. Employees who are proud to work for a particular organization will be vocal to their personal and professional networks through the various forms of social media, which will in turn attract higher quality candidates to the firm.

Additionally, many times people are hungry to get involved with their communities, but face obstacles such as lack of time, resources, and/or knowledge of how to get find a reputable project. By providing a solution to those perceived obstacles, employers can foster a sense of community within their own organization by having employees work together on these crucial service projects and give them a sense of fulfillment both personally and professionally.

09/192016

The Apartment Industry Set to Recognize and Rank the Best Places to Work at the Multifamily Leadership Summit

Multifamily Leadership Summit, News 3 by Multifamily Leadership

Scottsdale, Arizona, September 20, 2016 (Newswire.com) – The Multifamily Leadership Summit has announced the alpha list for the 2017 “Best Places to Work Multifamily” Program. List makers will find out how they rank at the upcoming leadership summit being held December 6-8, 2016 in Scottsdale, Arizona. The Multifamily Industry, serving apartments and their residents, contributes more than $3.5 billion to the economy everyday, supporting more than 12.3 million jobs. Not only do apartment homes drive jobs that strengthen local communities, individuals and families realize the value of renting as a smart choice in today’s economy.

As CEOs and executive teams create culture and innovation around the resident experience, employee engagement is seen as a key driver to meet multiple challenges. The 2017 Best Places to Work Multifamily program recognizes those companies that have established and consistently fostered outstanding workplace environments.

The rigorous assessment process, administered by the Best Companies Group, evaluates each company’s employee policies and procedures as well as responses from the company’s employees. The program is part of a long-term initiative to encourage growth and excellence throughout the Multifamily Apartment Industry and to attract new leaders to the industry.

If you want to know if it’s a great place to work, you ask the people who work there. Patrick Antrim, Founder and CEO of Multifamily Leadership says, “Employee engagement is actually a much more powerful indicator of organizational success than the size of the company, as employee engagement is tied to behavior and higher performance.”

The program also helps companies that want to improve their business. The “Employee Feedback Report” is presented to each participating company, even if it did not make the list. The report summarizes employee engagement and satisfaction data, the “Multifamily Leadership Benchmark Report,” and the transcript of employee written comments. The report is used by many organizations to make significant improvements in their workplace culture.

Antrim further states, “companies have been measuring resident satisfaction for years and the leading indicator for organizational success is the link between employee engagement and the resident experience. Employees are presented with hundreds of opportunities each day to be their best, but it’s the behavior that drives a successful organization, not satisfaction or size. You can be a large company with satisfied employees and not engaged or aligned with the company mission or values – this creates complacency and an unfavorable resident or customer experience.”

Each winning company will find out how it ranked at the Multifamily Leadership Summit December 6 – 8, 2016 at The Scottsdale Resort at McCormick Ranch in Scottsdale, Arizona.

Leaders looking to drive their teams forward are encouraged to register to attend regardless if they are participating in the Best Places to Work Program. At the summit, benchmark data compiling research specific to the Multifamily Industry from organizations reaching across 42 states and D.C will be revealed. Multifamily leaders looking to fast-track their success will leverage what best in class organizations are doing to create great resident experiences and strong financial results through the engagement of their employees.

The business environment of the 21st century is characterized not just by competition and ever-increasing technologies, but also by a heightened appreciation for the quality of the workplace. In a world of continuously shrinking margins and challenges attracting next generation workforce, a progressive leadership strategy is critical to creating and sustaining a competitive advantage. One measure of such strategies is the quality of the workplace experience. Indeed, the enhanced awareness of the importance of creating great workplaces is evidenced by the growing body of literature regarding workplace excellence.

Numerous studies show a strong correlation between profitability and creating a great place to work. In addition to the positive effect the award has on their employee relations and recruitment, the driving force for companies to participate is the remarkable effect that workplace improvements can have on their bottom line.

And the 2017 Best Places to Work Multifamily, arranged alphabetically, are:

Apartment Dynamics
Benson Integrated Marketing Solutions
Carter-Haston
Drucker & Falk, LLC
Fogelman Management Group
Gables Residential
IMT Residential
JVM Realty
Lincoln Property Company
LMC a Lennar Company
Matrix Residential and Pollack Shores Real Estate Group
MC Residential Communities
Q10 Property Advisors
ZRS Management, LLC

For more information about the “Best Places to Work in Multifamily” program and the Multifamily Leadership Summit, go to www.MultifamilyLeadership.com. #MFLSummit

Media Contact:
Patrick Antrim (800) 803-8094
[email protected]

08/162016

Milhaus Announces Expansion to Carolinas with New VP of Development Rachel Russell

Career, News by Multifamily Leadership

Milhaus announces it is expanding its footprint to the Carolinas market. To lead the company’s new development efforts in the Southeast region, Milhaus hired Rachel Russell to serve as vice president of development for the Carolinas.

With the company’s goal to develop and acquire properties with a market value exceeding $4 billion by 2020, Milhaus identified the Carolinas as an extremely desirable market for expansion due to the region’s strong job growth and high demand for multifamily and mixed-use properties in urban neighborhoods. Milhaus currently has a site under contract in Asheville, North Carolina, and Russell will be actively looking for other sites within the Carolinas.

Based in Charlotte, North Carolina, Russell will be responsible for managing the development lifecycle of each project in this new market, including land acquisition, financial analysis, market research, product visioning, construction management and transitioning to operations. She brings extensive multifamily and mixed-use property development experience in the Carolinas to her new role at Milhaus.

Prior to joining the company, she served as vice president, real estate development at Charlotte, North Carolina-based multifamily and mixed-use developer Grubb Properties. Before completing her master’s degree from the University of North Carolina at Chapel Hill in city and regional planning with a specialization in real estate, design and preservation, Russell worked for the National Trust for Historic Preservation in Washington, D.C.

“Milhaus shares my passion for designing thoughtful urban core properties that enhance the livability and vibrancy of its neighborhoods,” said Russell. “The company fills a unique need in urban housing by developing both small and large scale properties, and I look forward to bringing our mission of creating high-quality, timeless multifamily and mixed-use properties to the Carolinas.”

News of the company’s recent Asheville, North Carolina site under contract follows other recent site acquisitions in Nashville, Tennessee and Tampa, Florida. With 11,400 apartment units under management and in development this year, the company is pursuing strategic growth opportunities in new and existing markets to reach its goal of having 20,000 units in 10 markets by 2020. Milhaus currently has projects under development in Cincinnati, Ohio; Kansas City, Missouri; Louisville, Kentucky; Memphis, Tennessee; Milwaukee, Wisconsin; Nashville, Tennessee; Oklahoma City, Oklahoma; Pittsburgh, Pennsylvania and Tampa, Florida.

“As we begin our expansion in the Carolinas and enter the Southeast market, we’re pleased to have Rachel Russell’s leadership, vision and experience to help us drive our continued momentum,” said Jeremy Stephenson, Milhaus principal and president of Milhaus Development and Milhaus Construction. “She shares our strong belief that the right development can and should improve the neighborhood around it, which is exactly the type of product we intend to bring to several urban core locations within this new market.”

Milhaus. (2016). Milhaus Announces Expansion to Carolinas with New VP of Development Rachel Russell [Press Release]. Retrieved from http://milhaus.com/news/milhaus-announces-expansion-to-carolinas-with-new-vp-of-development-rachel-russell/

08/112016

Top Apartment Industry Experts to Speak at the Multifamily Leadership Summit

News by Multifamily Leadership

Scottsdale, Arizona, August 11, 2016 (Newswire.com) – The Multifamily Leadership Summit has invited top Multifamily Influencers to speak at its annual Leadership Summit coming to Scottsdale, Arizona December 6-8, 2016. There are many conferences centered on strategies to acquire new residents and drive financial results for owners through transactional operating activities and marketing, but at the Multifamily Leadership Summit, attendees will learn from top influencers about how to achieve all of that through people.

Join the Multifamily Industry’s Leading Experts:

Patrick Morin is an experienced CEO, strategist, and recognized thought leader on building high-performance organizations, especially those that want to be more sales and marketing driven. Patrick is a 15-year consulting principal and 2-time turnaround CEO. He’s a top-ranked executive trainer, speaker, and business columnist, experienced officer of a NYSE-traded company and private equity partner. Patrick is an Investment Banker with Transact Capital and specializes in middle-market companies with enterprise values of $5MM – $100MM.

Catherine Swaback oversees Alliance’s national marketing strategy, with a heavy focus in lease-up initiatives and planning. She leads the regional marketing strategists in providing expert-level assessment and tactical direction to their designated portfolios to increase occupancy and revenue, and drives marketing initiative roll-outs, training and adoption company-wide. Catherine’s background encompasses extensive multifamily and advertising agency experience.

Amy Smith currently serves as Vice Chair of the Arizona Multihousing Association (AMA) Board of Directors and Chair of the Tributes Committee. She also serves the National Apartment Association (NAA) as the Regional Vice President for Region 7. With 25 years of experience in the multifamily industry, Amy has learned to create a company culture based on trust, engagement and character. Her background encompasses all facets of management including strategic planning, leadership development, financial accountability, and property operations. She is passionate about facilitating others’ journeys in reaching their full potential as leaders.

Beth Tuttle strategically plans and executes Marketing and Branding for Lennar Multifamily Living at the corporate and site level. She is responsible for the LMC rebranding efforts as well as supporting pre-development, marketing and promotion, and developing leasing programs for a national portfolio of new construction projects.

Sheri Killingsworth is the Vice President of Marketing and Communications where her responsibilities encompass all facets of marketing and communications for the company’s conventional division, corporate branding management, employee engagement and retention, supplier partnerships and client services. Her specialties include brand identity, search marketing, reputation management, and leasing and marketing systems and processes.

Additional show highlights include:

Special Sessions – The Multifamily Leadership Summit opens with high-level, forward-looking sessions designed to deliver leadership strategies to attract next generation renters, through inspiring next generation leaders. As CEOs and executive teams create culture and innovation around the resident experience, employee engagement is seen as a key driver to meet multiple challenges. There are bottom-line results to investing in engaging employees. The highly engaged employee will invest extra effort to create great resident experiences and support the mission and vision of Multifamily Operators. Attend the Multifamily Leadership Summit and learn from top Multifamily Influencers and their real world experience in developing and maintaining an engaged workforce.
Best Places to Work Multifamily – Many of the event attendees include top management companies from 42 states and D.C. who are focused on increasing the value of their company, property, or portfolio with engaged teams. The Multifamily Leadership Summit will explore the most important data in Multifamily. We review the national Best Places to Work Benchmark data and reveal what best employers are offering, how they are attracting next generation leaders, and how to build great places to work.
The Multifamily Mastermind — We collect the top minds together to help small and large multifamily operators discover valuable leadership practices designed to create great resident experiences and strong financial results while understanding the next generation workforce. Summit attendees walk away with actionable steps that drive financial performance, productivity, and effectiveness with Multifamily teams.

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About the Multifamily Leadership Summit

The Multifamily Leadership Summit is a premier event which takes place December 6th – 8th at the Scottsdale Resort at McCormick Ranch in Scottsdale, Arizona. The Multifamily Leadership Summit is the only conference that helps Apartment Professionals prepare Multifamily Leaders for the Future of Work, attract new leaders to the apartment industry, help multifamily operators get better with people, and recognize the Best Places to Work in Multifamily.

You should register to attend if:
You are a Leader of small or large teams, an Aspiring Leader, Asset Manager, Property Owner, CEO, COO, CMO, Talent Management Professional, Regional Manager, Vice President, Hiring Manager, Training & Marketing Professional, Brand Manager, and, or Marketing Teams. The event will provide you the opportunity to come together with visionaries from top management companies from 42 States and D.C. who are focused on increasing the value of their company, property, and portfolio with engaged teams.

Visit http://MultifamilyLeadership.com