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IN THIS ISSUE

CAA News
  • Preview 2014 Sponsorship — only 5 spots left
  • Apt.itudes online version link now available on CAA website
  • CAMME is 85 percent sold — Don't Wait To Register!
  • Welcome new members!


  • Education In Focus
  • Maintenance techs — are you ready for the Mania?!
  • Leasing professionals: Get your National Designation!


  • Industry News
  • Multifamily sector booming
  • Luxe lobbies set the tone for apartment, condo buildings
  • Global lockmaker seeks key to future profits in the cloud
  • Unconventional play on rental properties
  • Scammers right at home in sizzling rental market
  • Transforming Chicago's public housing
  • Where are the highest apartment rents in Chicago?
  • Four Seasons shows businesses how to use Pinterest
  • Keys for successful urban retail investments




  • Preview 2014 Sponsorship — only 5 spots left
    CAA
    Target your Message — New Legislation Creates a Need for Your Service in 2014

    Don't miss a unique opportunity if your company service includes exterminating, legal support, construction, engineering, security and advisory services, consulting, marketing strategies, public relations, energy management and billing, and more. Plus a snapshot of what to expect in 2014 so your company can get a leg up on how to market your message to apartment industry decision makers. All for $650 and a free seat at the event for you!

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    CAA quarterly magazine — Apt.itudes online version link now available on CAA website
    CAA
    The Chicagoland Apartment Association has partnered with Naylor LLC, to produce our quarterly magazine, Apt.itudes. Available in both print and digital editions, Apt.itudes includes valuable information on upcoming CAA events and education, important legislative issues and pertinent articles for the CAA membership. View the latest issue here.
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    CAMME is 85 percent sold — Don't Wait To Register!
    CAA
    The CAMME awards are 85 percent sold and space is limited; don't wait to register for this signature event. Visit the CAMME Web page to register today. Seats are sold on a first-come, first-served basis.
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    Welcome new members!
    CAA


    Associate members
    Essential Water Technologies LLC First Housing Guardian Security Services Inc.

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    Maintenance techs — are you ready for the Mania?!
    CAA
    On Nov. 14, more than 100 multifamily maintenance technicians will come together at JC Restoration in Rolling Meadows to share best practices and compete in skill-based table games (in addition to a pinewood derby). Registration is now open and sponsorships are available and selling fast. Don't miss the opportunity to support and cheer on some of our industry's most valuable players!
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    Leasing professionals: Get your National Designation!
    CAA
    Enhance your professional growth in the apartment industry, and take your career to the next level. Designation training helps you manage your apartment community and your team more effectively.
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    UPCOMING COURSE SCHEDULE

    Date Event Location

    Complete Course Calendar
    Registration now open! 2013 Maintenance Mania
    Sponsorships are available!
    Sponsors
    Attendees
    Sept. 25 Apartment All-Stars U.S. Cellular Field Conference Center, 333 W. 35th, Chicago (free parking)
    Oct. 8 & 9 National Apartment Leasing Professional (NALP) 9 a.m.- 4 p.m. CAA Office - 557 W. Randolph St., Suite 201, Chicago
    Oct. 9 Fair Housing 9 a.m. CAA Office - 557 W. Randolph St., Suite 201, Chicago
    Oct. 16 Bed Bug Essentials Chicago Education & Conference Center, 205 W. Wacker, Chicago (Appraisal Institute)
    Nov. 14 Maintenance Mania Competition & Education Conference 8:30 a.m. - 5 p.m. JC Restoration, 3200 Squibb Ave. Rolling Meadows, Ill.







    Multifamily sector booming
    NuWire Investor
    The U.S. housing market recovery continues and the multifamily sector is also seeing its share of new growth. Analysts say developers will have created 145,000 new units in 2013 with more in the pipeline, but demand is keeping apace. The new units and as well as those planned for the years to come are being absorbed by people who are looking to rent rather than buy, especially in urban areas where home costs are high. Rents are residing despite a flood of new units in places like Seattle, Austin, Raleigh and Washington, D.C.
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    Luxe lobbies set the tone for apartment, condo buildings
    Chicago Tribune
    Wander into the lobbies of some Chicago-area condo and apartment buildings and you may never want to leave. Posh sofas beckon with luxurious cushions. The delicate fragrance of fresh flowers mixes with the aroma of brewing coffee. Residential lobby, you've come a long way.
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    Global lockmaker seeks key to future profits in the cloud
    Reuters via Chicago Tribune
    Despite the rapid pace of technology that has overhauled many consumer goods, the front door lock and key is little changed since the 1800s. That is about to change — to virtual keys in data clouds, if the world's biggest lockmaker gets its way.
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    Unconventional play on rental properties
    The Motley Fool
    Numerous companies are attempting to take advantage of the previously weak housing prices and the surging demand for rental properties. So far, all of the models are unproven as the complexity of managing houses with individual characteristics at a corporate level faces many hurdles to reach an efficient scale. The traditional model has been to purchase distressed properties in housing markets hit by the financial crisis and turn the houses into rental properties.
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    Scammers right at home in sizzling rental market
    The Seattle Times
    A man says he lost about $3,500 on a scam Craigslist rental ad. Landlords get calls about their properties being up for rent at unbelievably low rents. Scammers create phantom ads using photos posted by the real landlords and even create phony email addresses using the landlord's name.
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    Transforming Chicago's public housing
    Urban Land
    Chicago's plan to transform its entire portfolio of public housing is still unfinished after 13 years, more than $1 billion in investment, and the displacement of tens of thousands of public housing residents — displacement that continues to this day for some families. But the Chicago Housing Authority has managed to turn some of its strongest critics into supporters, including one housing expert who carefully tracked Chicago's public housing residents over more than a decade of tumultuous change.
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    Where are the highest apartment rents in Chicago?
    Crain's Chicago Business
    A new 500-unit tower at 500 N. Lake Shore Drive tops the list of 10 most expensive apartment buildings in downtown Chicago. Four of the top 10 buildings are in River North and six are new, part of a downtown development wave expected to continue through at least 2015. Crain's compiled the list from interviews with landlords and a report from Chicago-based consulting firm Appraisal Research Counselors. The average apartment in the top 10 is 898 square feet and rents for more than $2,800 a month, according to Appraisal Research.
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    Four Seasons shows businesses how to use Pinterest
    By Suzanne Mason
    According to a June study by Semiocast, there are approximately 70 million users on the visual social media site Pinterest. The study also found only 500,000 businesses on the site. Many businesses have embraced marketing through social media, but few know what to do with a visual site like Pinterest. Four Seasons Hotels and Resorts showed what can be accomplished with the recent launch of an interactive concierge Pinterest program called “Pin.Pack.Go."
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    Keys for successful urban retail investments
    GlobeSt.com
    In the years leading up to the housing bust, retailers and retail investors were chasing rooftops further out into far suburbia and the cornfields. Easy money fueled this trend as urban dwellers sought to purchase new homes in fast-growing areas and retailers took advantage of good bargains on land and building costs.
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    TRENDING ARTICLES
    Missed last week's issue? See which articles your colleagues read most.

        Apartment outlook brightens for Chicago renters (Chicago Tribune)
    Housing Authority of Cook Country (HACC) — Source of Income/protected class FAQs (CAA)
    Glenview's downtown to soon see construction on major projects (Chicago Tribune)
    Apartments planned for shuttered Lincoln Park elementary school (Crain's Chicago Business)
    Fair Housing FAQs — are you in compliance? (CAA)

    Don't be left behind. Click here to see what else you missed.


     

    CAA In Focus
    Colby Horton, Vice President of Publishing, 469.420.2601
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    Ashley Whipple, Senior Content Editor, 469.420.2642  
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