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Hello, Commercial Real Estate Pros! 🏢

Multifamily teams are learning that centralization only works when data, roles, and service come first. Clean systems and pilot-first rollouts build trust and deliver measurable efficiency.

Are your shared teams scaling clarity or spreading confusion?

📰 Upcoming in this issue

• 🏢 Centralizing Multifamily Operations, the Right Way

• ⚖️ CRE Listing Giant Faces Antitrust Scrutiny

• 🏢 CoStar: Multifamily Prices Retreat in September

📈 Trending news

• Panel Insights Across Key CRE Sectors

• Councils Can Speed Solar for Leaseholds

• Resident Value Beats Shiny Perks in LA

🏢 Centralizing Multifamily Operations, the Right Way

Propmodo explains how centralization boosts efficiency when it rests on clean data, clear roles, and resident-first service. Rushed rollouts and tool sprawl undermine trust and outcomes.

Read the full article here »

Key Takeaways:

• 🧭 Outcome First: Define targets such as faster leasing, lower cost per work order, and higher resident satisfaction, then align scope and metrics.

• 🧱 Standardize Foundations: Clean data, standardized processes, and integrated systems enable shared teams to work accurately across properties.

• 👥 Design the Org: Clarify central roles versus onsite tasks, set SLAs, and train teams to prevent dropped handoffs and confusion.

• 🔁 Pilot, Measure, Scale: Test in a few communities, compare to baselines, gather resident feedback, then expand with playbooks and change management.

⚖️ CRE Listing Giant Faces Antitrust Scrutiny

A commercial real estate platform faces claims of exclusionary tactics and tight control over data. The case raises questions about market power and fair access.

Read the full article here »

Key Takeaways:

• 🧩 Alleged Lock-Ins: Exclusive contracts and bundling reportedly limit competitors’ access, squeezing smaller listing services and new entrants.

• 🔎 Data Control: Disputes center on ownership of listings and traffic, with accusations that the platform restricts data portability for brokers and owners.

• 🏛️ Regulatory Interest: Antitrust scrutiny intensifies as enforcers examine pricing power, barriers to entry, and potential harm to customers.

• 🧭 What It Means: Brokers and landlords are watching for remedies that ensure open standards, interoperable feeds, and more competitive advertising options.

🏢 CoStar: Multifamily Prices Retreat in September

CoStar’s index shows national multifamily values slipping in September amid higher financing costs and slower rent growth. The activity focuses on top assets with clean fundamentals.

Read the full article here »

Key Takeaways:

• 📉 Monthly Decline: Prices tick down in September, reflecting tighter underwriting and reduced buyer leverage in a higher-rate backdrop.

• 🧾 Cap Rates Edge Up: Yields expand modestly, pushing valuations lower even where occupancy remains stable.

• 📦 Volume Stays Thin: Fewer trades close as sellers hold out for stronger pricing, widening the bid-ask gap in many markets.

• 🗺️ Performance Divergence: Coastal and supply-constrained submarkets prove more resilient, while high-delivery Sun Belt nodes see sharper resets.

📊 Take This Edition’s Poll:

Why It Matters

Centralized operations lift speed and accuracy when grounded in standardized data and clear accountability. Start small with pilot properties, measure outcomes, and scale with training and SLAs.

Resident-first execution keeps growth sustainable and reputation intact.

Catch you in the next issue,

Anne Morgan
Editor-in-Chief
Commercial Real Estate Weekly

P.S. Interested in sponsoring a future issue? Just reply to this email and I’ll send packages!