Multifamily properties have always been ahead of the curve when it comes to delivering highly sought-after amenities. Would-be residents start grading a property before they step foot in their own apartment—and they have come to expect professional property management, cutting-edge spaces and services, and a cohesive sense of community from any place they would choose to call home.
This “hotelization” has only grown in importance as more people look to multifamily properties to provide a place to live, as well as a place to work, socialize, relax and create long-lasting social bonds. Property owners must continually raise the bar to meet demand and exceed tenant expectations. Of course, the rewards are worth the investment.
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