Posts filed under ‘Apartment Careers’

PTAA and Goodwill of NWNC Maintenance Job Placement Program Pays Dividends

1508_GoodwillJobFair1For the past few years PTAA and Goodwill of NWNC have been partnering to make NAA’s CAMT designation a central part of the maintenance program that Goodwill and Forsyth Technical Community College developed as one of their job training programs. A couple of times a year PTAA and Goodwill team up to host a job fair so that PTAA members can meet graduates of the program as well as other qualified candidates identified by Goodwill.
On the morning of August 19, 2015 one such job fair was held at Goodwill and so far the results have been impressive: five maintenance technicians and one maintenance supervisor were hired by participating PTAA members. Considering that these job fairs are fairly small this kind of result is very impressive and highlights the value of having a highly targeted event that focuses on quality versus quantity.

1508_GoodwillJobFair2As most people in the local apartment industry are aware, the maintenance tech position is one of the hardest to staff given that there’s often a great deal of turnover and the candidate pool is very limited. PTAA’s partnership with Goodwill of NWNC is a critical component of our efforts to help address this issue for our members. If you would like more information, and in particular if you would like to be notified directly the next time we schedule a job fair, please contact Carrie Langley at 336-294-4428.

September 16, 2015 at 3:49 pm Leave a comment

Ten Influential Women in the Apartment Industry

Multifamily Executive’s list of “The 10 Most Influential Women in Multifamily” includes PTAA member Bell Partners CIO Lili Dunn. Here’s an excerpt from her profile:

As Bell’s CIO, Dunn has committed herself to growing the firm’s investment platform, which typically delivers about $1 billion in transactions annually. Her recent accomplishments include the $1.8 billion sale of 64 properties with Bell joint-venture partner DRA ­Advisors, in only 60 days. Also under Dunn’s leadership, Preqin, a data research firm for alternative assets, has ranked Bell Partners as having one of the most consistent top-­performing funds in the world for the past two years…

Dunn also played an integral role early on at AvalonBay, assisting in an IPO that grew the firm’s assets from $300 million to $12 billion and helping coordinate the merger of its predecessors, Avalon Properties and Bay Apartment Communities, in 1998.

Having experienced two major downturns, Dunn knows the business cycle changes quickly and one has to be ready for anything.

“Fiscal and geo-political events can dramatically affect our economy and industry very quickly,” she says. “I take time to appreciate the good moments, because, in a blink, things can change.”

Cindy Clare, President of Kettler Management and Vice-Chairman of the National Apartment Association Board of Directors was also profiled.  Those are just two of ten very impressive people on this list.

 

March 20, 2015 at 6:20 pm Leave a comment

The Skinny of the Apartment Industry

That’s not a typo in the headline since this post really is about the comparatively skinny people of the apartment industry. According to this piece at  TheAtlantic.com the “real estate, rental and leasing” industry is one the less obese in the country:

Obesity Prevalence Percentage by Industry from TheAtlantic.com

It wouldn’t be too much of a stretch to conclude that if you adjusted for age then the industry might not come out looking quite as good. In other words the industry is full of very young people and that likely helps at least partially explain the low numbers. On the other hand, the study tends to show a correlation between tough work conditions and the rate of obesity so it’s also not a stretch to see this as good news for the industry. No one’s saying property management is not a stressful job, but compared to working for the government or in the health care industry it seems like a pretty good deal.

March 31, 2014 at 6:43 pm Leave a comment

Support Your Local Apartment Association and Vice Versa

In the October, 2013 issue of Units Magazine there’s a nice piece by a member of the Arizona Multihousing Association on the value of membership in local apartment associations.

 

Now surrounded by peers (AMA members) who had been in the industry longer, who had managed portfolios larger than ours and who had been influencing Fair Housing laws for years, I felt I was finally supported and armed for greater success in my profession.

The past six or seven years have been exciting. Flagstaff has grown and the inevitable competition has made its way to our little hamlet. I’m proud to say: We were not caught off guard. My time with the association has kept me aware of marketing and maintenance trends, saved me from exposing myself to undue legal liability and prepared me to hold my own with the “big boys.”

Of course we wholeheartedly agree that membership in a local association is a great benefit for any multifamily professional, but of course you should go read the entire article and see for yourself.

 

October 21, 2013 at 7:23 pm Leave a comment

Congrats to PTAA’s 2012 Diamond Award Winners

On April 25, 2013 PTAA held its annual Diamond Awards event at the Greensboro/High Point Airport Marriott. Below are all of the 2012 Diamond Award winners. Congratulations to them all!

 

PresidentsChoice_SundsethGolladayCrenshaw
President’s Choice
Angela Crenshaw
Shana Golladay
Emily Sundseth

OwnerVolunteer_Barker
Owner Member Volunteer
Maria Barker

VPVolunteer_Yedlosky
Vendor Partner Volunteer
Kim Yedlosky

 

Rookie_Mason
Rookie of the Year
Casey Mason, Cottonwood Residential

Leasing_DiMatteo
Leasing Professional of the Year
Chelene Dimatteo, Abbington Place Apartments (100 shop score!)

AsstMgr_Chithtamath
Assistant Manager of the Year
Vanida Chithtamath, Addison Point

Manager_Cummings
Manager of the Year
Virginia Cummings, Cedar Trace Group

MaintTech_Beisner
Service Tech of the Year
Garret Beisner, Campus Crossing

MaintSuper_Pegram
Service Supervisor of the Year
Bobby Pegram, Campus Crossing
Regional_Goodman
Regional Manager of the Year
Emily Goodman, CORE

CorpPro_Redmon
Corporate Professional of the Year
Katrina Redmon, HAWS (Kelly Church pictured accepting on behalf of Katrina)

Turnaround_LodgeAtLakeshore
Turnaround
Lodge at Lakeshore, Signature Property Group

CommunityUnder300_BellBridford
Community of the Year Under 300 Units
Bell Bridford, Bell Partners, Inc

CommunityOver300_Amesbury
Community of the Year Over 300 Units
The Amesbury, Signature Property Group

AdCategory_Crenshaw
Advertising & Promo
Apartments.com

InteriorContractor_GYF
Interior Contractor
Got You Floored

ExteriorContractor_DisasterOne
Exterior Contractor
Disaster One

Landscaping_LongBrothers
Landscaping
Long Brothers Landscaping

AdminProServices_Stir
Administrative Professional Services
Stir Creative Group

OpProServices_WasteIndustries
Operational Professional Services
Waste Industries

Supplier_Wilmar
Suppliers
Wilmar

May 2, 2013 at 4:10 pm Leave a comment

The Coming Apartment Industry Leadership Vacuum

PTAA member Emily Goodman wrote a very thought provoking piece for Multifamily Insider about what the future holds for leaders in property management. In a nutshell there appears to be a pretty high likelihood of a leadership vacuum within ten years:

In his talk to IREM, Mr. Lee made several thought provoking observations, but one in particular stands out for its value to those of us in the industry.  Mr. Lee predicts that in the course of the next ten years, our industry will face an exodus of founders, senior-level executives, and experienced professionals. He forecasts that by 2025 more than 65% of present senior leaders will have left their roles. Mr. Lee comments that, “the combination of the exiting Boomers and a lack of infusion of young/next-generation talent (Xers who aren’t ready and Ys who are still learning) will result in a potential talent vacuum.”

Further evidence from federal labor data indicates that the numbers of jobs in the real estate industry have been growing at a minimal level for some time. Between 2000 and 2009, the number of real estate and community association managers had increased from 145,340 to 150,850, a gain of only around 5,500 at a time of growth within the industry.In addition, projections by the Bureau of Labor Statistics indicate that real estate property management will have an average of only 7,800 new job openings per year up to 2018.This presents challenges both to those seeking to gain entry to the industry, but also to those already working to differentiate themselves from their peers in order to excel in their chosen career.

Emily rightly points to the importance of young professionals in the industry to take control of their careers and pursue professional education opportunities.  She’s the current president of the local IREM chapter and highlights the IREM Certified Property Manager designation, and of course we’d be remiss if we didn’t point out the excellent designation programs offered by the National Apartment Association both online and through PTAA – National Apartment Leasing Professional, Certified Apartment Maintenance Technician,  Certified Apartment Manager and Certified Apartment Portfolio Surpervisor.

Truly there will be fantastic career opportunities in the apartment industry for those who are willing to invest in their futures. The combination of mass retirements of current senior executives, and the relative lack of incoming talent means that those who do take the initiative now will rise to top a few years down the road.

May 3, 2012 at 2:14 pm Leave a comment

Happy People

According to this report property management is the second happiest job in America:

Citing the work that they do and the people they work with as the main drivers of their happiness, property managers ranked No. 2 – tied with executive chefs and surpassed only by software quality assurance engineers – in a recent survey conducted by the online jobs site CareerBliss.com to determine the 20 happiest careers in America. Property managers have had the added distinction in recent years of appearing twice in CNN’s and Money magazine’s annual ranking of the 50 “Best Jobs in America.”

Thanks to Emily Goodman for passing this along.

April 26, 2012 at 8:27 pm Leave a comment

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