RAD is a lifesaver for many PHA’s. This program allows units to get the much-needed renovation, and the placement of project-based rental assistance has made the units affordable for all residents. It will also enable rents at a level to meet reasonable financial needs of the project and fund strong reserves.
I often use the following analogy to describe the effective transition of a property management company for a large multifamily asset and a scenario common for many property management companies. A moving train…What makes it go? Who is the conductor? Are there...
Regardless of the endeavor, having a concrete plan in place is an important first step in ensuring that the implementation, when confronting any challenge, goes as smoothly as possible. When your teams are dealing with emergency situations, those unthinkable events...
Anticipating what could or may happen in our businesses is required of leaders every day. But the only way we can create clarity out of the uncertainty and prepare our on-site property management teams to respond when the unthinkable happens is to develop a detailed, written emergency preparedness plan. As discussed in my previous blog, the detailed, written plan should focus on addressing four specific areas of concern — harm to individuals, damage to property, unlawful activity, and reputation management. The emergency preparedness plan should also answer the Who, What, When, Where and How questions outlined in this blog.
Several years ago, I encountered a tough situation at one of our properties that my team was ill-prepared to address, because of the very nature of the issue. A young woman, who lived at a purpose-built student housing property that my company managed, disappeared after a night out with friends. That tragedy, in and of itself, created a myriad of concerns for the on-site team. In addition to dealing with the young woman’s family as sensitively as we could, we had to navigate through constant media scrutiny and numerous requests from local law enforcement. Needless to say, our team had no chapter in our emergency preparedness “playbook” for such a unique scenario.
Actively Pursuing the Ethics of Excellence To be a truly excellent, well-respected company, our integrity as an organization must be beyond reproach. How can we achieve that? We must actively pursue excellence - ethically. OUR COMPANY CAN NEVER BE SOMETHING THAT OUR...
We can all play a role in bolstering our nation’s morale and confidence by the way we do our work. Each of us can play a part in reaffirming the belief that there is greatness still welling up among us and that our country’s movement towards a future of hope and progress is unrelenting and irreversible.
Lessons Learned from the Indianapolis 500 Indianapolis has long been known for being the “Biggest Spectacle in Racing” – the Indianapolis 500. In years past, car owners and their teams have come to Indianapolis during the month of May to qualify for and to win the...
Ten Ways in Which Your Thinking Can Become Distorted In the last two blogs in this series about how 'Your Thinking Style Determines Your Results,' we examined how people process information and the four unique thinking styles that scientists have identified. Now...
Scientists have identified two main streams of information processing — perception and ordering — and four thinking styles. Let’s explore those four thinking styles in more depth and help you identify your own unique thinking style.
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