“In the past five years, an average of one million new renter households were formed every year, which is a record amount.
It will take building an average of at least 325,000 new apartment homes every year to meet demand; yet, on average, just 244,000 apartments were delivered from 2012 through 2016.”
What led to this increased demand? It’s a perfect storm brewing in the multifamily industry, combining factors that include aging population, population growth through immigration, and a decline in home purchases.
New lifestyle trends reflect new demands. Not as many people are buying homes and those that typically buy are doing so later in life. “We’re experiencing fundamental shifts in our housing dynamics, as more people are moving away from buying houses and choosing apartments instead. More than 75 million people between 18 and 34 years old are entering the housing market, primarily as renters,” said Dr. Norm Miller, Principle at Hoyt Advisory Services and Professor of Real Estate at the University of San Diego. “Apartment rentals are on the rise, and this trend is expected to continue at least through 2030, which means we’ll need millions of new apartments in the U.S. to meet the increased demand.”
Aging also has a significant impact on the increased need for apartment housing. “People ages 65-plus will account for a large part of population growth going forward across all states. The research shows older renters are helping to drive future apartment demand, particularly in the northeast, where renters ages 55-plus will account for more than 30 percent of rental households.”
Building regulations and the amount of land available for development are just some of the challenges the U.S. apartment market is facing. Multifamily industry leaders are looking for ways to work with government policy makers to “lower barriers to development and better address the current and future housing shortage.”
The Weidner Cares team recently donated their time and talents in Oklahoma for CAP Tulsa, one of the largest anti-poverty agencies in the state.
CAP’s core values include accountability, innovation, honesty, transparency, and integrity. These values are evident in the services they offer so that every family and child can experience the same opportunity for success. “CAP empowers low-income families with the education and tools they require to break the cycle of poverty.”
The 40-person Weidner team spent the day landscaping, organizing, cleaning, and revamping their ECDC Reed Center facility where they offer early childhood education and care to nearly 300 toddlers. Having recently served as an elementary school for the Tulsa Public Schools, the facility was in dire need of some updates to make it more inviting and friendly to the children who will spend their days there learning, growing, and playing.
The green thumbs of the team went to work planting flowers, mulching around the front entrance, trimming trees and adding wood chips to the playground area. Inside, the Weidner Team laminated and made packets for the classrooms, painted large banners to display in the hallways, and cleaned and sanitized all of the children’s chairs. All of this was accomplished during the school day, with all 300 students in attendance!
Pam Smith, the Volunteer Coordinator for CAP Tulsa had the following message for the team, “We are so appreciative of your abundance of love and care in making the projects go so smoothly while updating our school site. Your focused employees moved so quickly through the varied project list! It was exciting to see the amazing improvements made at the end of the work day.”
We couldn’t be more pleased with the results and wish this extraordinary organization much success. Thank you, CAP, for all you do and for the opportunity to help make your facilities shine!
The Lofts at Rio Salado offers an artful mix of urban chic and modern conveniences in studio, one, two and three bedroom apartment homes. This property sits adjacent to Tempe Town Lake and also offers easy access to ASU, downtown Phoenix and Mill Avenue, making it one of the most ideal locations in Tempe. Whether you’re a college student, single professional, or raising a family, you’ll find everything you need at The Lofts at Rio Salado.
With these resort-style amenities, you can make the most of your free time without ever leaving the property. Relax by one of the sparkling pools under the cabana or get a solid workout in at the full-service fitness center. Invite some friends over for a barbeque, then relax in one of the spas. Need a change of pace from working from home? Take advantage of the business center with WiFi or head next door to Tempe Town Lake and commune with nature.
Inside, you’ll discover spacious apartment homes with all the extras that make it easy to call The Lofts at Rio Salado home. Gourmet-style kitchens, a full-size washer and dryer and Energy Star appliances are just some of the modern conveniences offered in these stylish apartment homes. Cozy up by the gas fireplace and binge watch your favorite television series or kick back with a good book on your private patio or balcony. There’s plenty of storage space in the kitchen pantry, linen closets, and walk-in closets. Vaulted ceilings accent large floor plans, giving you plenty of room to stretch out and relax or entertain in style.
In addition to all these amenities, Lofts at Rio Salado is a pet-friendly community! Now you can enjoy the good life at a Weidner Apartment Home with your furry companion by your side.
Tempe, AZ is an eclectic suburban city located 11 miles outside of downtown Phoenix and 6 miles outside of Scottsdale. Residents enjoy easy access to Phoenix, upscale shopping in Scottsdale, and the easy charm of boutiques, eateries and entertainment venues in the Mill Avenue district. Arizona State University is nearby, as is Tempe Beach Park, and Hayden Butte Preserve.
Whether you’re in the mood to lounge by the pool at home, or check out the local shopping, dining, entertainment and nature excursions, The Lofts at Rio Salado offers something for everyone in Tempe, AZ.
Do you have a multi-family investment opportunity you think we might be interested in? Please contact our Vice President of Acquisitions, Kevin Colard, at Kevin@Weidner.com or 425-250-2955
The Weidner Cares team recently partnered with Urban Peak in Colorado Springs for their 2017 Weidner Cares event. Urban Peak is a “non-profit organization in Denver that provides a full convergence of services for youth ages 15 through 24 experiencing homelessness or at imminent risk of becoming homeless.” Their mission is to “help these youth overcome real life challenges and become self-sufficient adults.”
The Weidner team stepped up to assist with landscaping, building, painting and cleaning their facility which includes a 20-bed shelter. Inside, the team painted and cleaned the shelter rooms and hallways, installed ventilation, and hung art ledges so some of the residents’ artwork could be better showcased. They also cleaned the kitchen and put together a number of meal kits in preparation for those in need.
Outside, the team spent some time revamping the outdoor recreation area where residents spend much of their time, doubling the size of the existing shade structure so residents can experience the full enjoyment of summer. Next, they installed a new basketball hoop, built new picnic tables, raised garden beds, mulched the large outdoor courtyard, re-stained all of their existing benches and painted the exterior of the facility.
With an 85-person team, the Weidner Cares team were able to accomplish great things for this deserving organization. The residents and staff at Urban Peak wanted to give thanks and sent over a framed poster with their messages of appreciation for the hard work contributed.
Thank you Urban Peak, and thank you to the Weidner Cares team in Colorado for another job well done!
The annual Arizona Multifamily Association recently held its annual Tribute Awards and Weidner is proud to congratulate winners, Jessica Karl – Community Manager of the Year, 125 units or more, and Stacey Searl, Property Supervisor of the Year.
“Represents ethical rental housing providers in legislative, legal and regulatory matters
Provides services, products, educational programs and networking opportunities that enhance the general welfare and economic health of all our members
Cultivates opportunities for quality rental housing throughout Arizona”
More About the Winners
Stacey Searl started with Weidner Apartment Homes on January 3, 2012, in the Phoenix, AZ region. Stacey began her career in property management in 1986 as a part-time leasing consultant while attending Arizona State University. She studied Broadcast Journalism at ASU but quickly realized she had a natural talent and passion for Leasing and Property Management. At the age of 23, she was managing 128 units and within 2 years she found herself managing a community of 856. In 1990 she obtained her AZ real estate license and continued to work for the local management company, Bernard/Allison. In the late 90’s she was offered a unique position to manage a rental property located in the Right of Way owned by the AZ Department of Transportation. “Overseeing this project from lease up to relocation to demolition for over 1000 renters and commercial tenants was a tremendous but satisfying challenge!” Once this project was complete, Stacey returned to Bernard/Allison Management Services as a District Manager for an average portfolio of 7-9 communities. During her career with Bernard/Allison she assisted the firm with new programs, training, won numerous awards for revenue growth, expense control, associate development and creative collaboration. “I enjoyed working with innovative clients who influenced me to take risks and push the limits with new ideas in our industry.”
Stacey was encouraged by a vendor to apply at Weidner. That proved to be sage advice for Stacey. Weidner’s Arizona region was at 6500 units when she joined in 2012. Today, Weidner owns over 12,000 units in AZ.
“I am so proud to be a part of this growing region and to work for a company that truly cares about the people. Every day that I work for Weidner, I fall in love with this business all over again”. Stacey is the only Senior Area Director in AZ and she mentors 2 other Weidner employees.
Stacey and colleague Lisa Stoss launched the very first “Wake up with Weidner” program, created the Gold Star leasing program and she is now developing a maintenance resource program for the AZ region. “I am so proud to be recognized by my colleagues and represent Weidner as this year’s Property Supervisor of the Year. What an honor!”
Stacey has been married to her husband Jim for 27 years. They have 3 grown children and are starting to remodel their “empty nest.”
Jessica Karl is a graduate from University of Wisconsin Stout with a Bachelor of Science, a major in Real Estate Property Management, and a minor in Business Administration. While attending UW-Stout, Jessica accepted a 10-week internship with Weidner in the Arizona Region, at Mozaic at Steele Park and Acclaim. Jessica experienced hands-on Property Management involving administration and people management. She fell in love with residential property management and hasn’t thought twice about her career choice.
After graduation, she continued her education and training with Weidner Apartment Homes, Manager in Training Program (MIT) in 2014. Six months later, she was placed as acting Assistant Community Director at Mozaic at Steele Park (399 units) while completing the MIT program. The MIT program allowed Jessica to be trained in all areas of RPM and establish relationships with multiple mentors. In the fall of 2015, Jessica was promoted to Community Director at Natura Villas Apartments (340 units) in Peoria, AZ. In the spring of 2016, Jessica was promoted to Skyline Lofts (332 units) a Downtown Phoenix Mid-rise Community. In the fall of 2016 Jessica was given the opportunity to add Proxy 333 (118 unit) to her portfolio. Proxy 333 is a Downtown Phoenix Mid-Rise Community, which was a new acquisition to Weidner portfolio and only 30% leased. The lease- up offered a new perspective to RPM that Jessica did not have prior experience with. In a challenging and developing sub-market, Proxy has reached 95% occupied in July of 2017; a huge achievement for the team.
In addition to Jessica’s accelerated journey with Weidner, she was nominated for 2016 AMA- Assistant Property Manager and again in 2017 for Community Director 125+ units, where she brought home one of the two awards for Weidner. Jessica also became a Certified MIT Mentor in 2017 and is an active NAA Ambassador, where she passes on her experiences to future RPM leaders. She is truly dedicated to continuing her growth, education, and development of skills with Weidner Apartment Homes.
Jessica enjoys traveling to WI to visit her family and friends, and loves to go to dog parks with her new puppy, Oliver. She spends most of her time in AZ with her Weidner Family and adores all the people she’s met.
Weidner Apartment Homes is pleased to congratulate Jessica and Stacey for their exemplary service in a position that is met with a variety of daily challenges. Managing the needs of residents and finding innovative, effective ways to overcome challenges and deliver consistent, quality service is no easy feat. We recognize that our success is due to the passion, hard work, and dedication of our employees and we couldn’t be more proud of their contribution.
Congratulations, Jessica and Stacey for a job well done!
Summer in Seattle might just be our best-kept secret! As residents know and tourists soon learn, Seattle sparkles in the summer, and so do our pools.
Here are a few safety rules and pool etiquette reminders, then we’ll explore some fun excursions to keep you cool in and around Seattle.
Safety Rules and Etiquette by the Pool
Please pay attention to the hours of operation for the pool and spa areas, which are set by the management team and designed for your safety and for the courtesy of all Weidner residents.
Residents must be 14 years of age or older to use the pool without the supervision of a Resident who is at least 18 years of age or older. All residents between the ages of 14 and 17 must use the buddy system (two residents at a time) when using the pool or spa.
You must be at least 18 years of age and legally responsible (able to give consent for medical aid) for anyone under the age of 14.
Management must be made aware of instances where a Resident entertains more than two (2) guests at one time. Residents must accompany, and stay with their guests. No adult shall supervise more than three minors at one time.
There is no lifeguard on duty! It is the responsibility of every resident to monitor their own and their guest’s behavior and to observe safety rules at all times.
Glass containers are prohibited in the pool, spa and deck areas at all times. Please use plastic containers only.
Alcoholic beverages are not allowed in the pool and deck areas.
Residents are responsible for cleaning up their trash before leaving the pool and deck areas. Please be considerate of others who are using or are going to use these areas.
Diapered children will not be allowed in the pools at any time. Running, screaming, playing loud music or acting in a boisterous manner is prohibited in the pool, spa and deck areas.
Jumping on or off of any item of furniture, retaining wall, fence or pool rails will not be tolerated. Diving into the pool is not allowed.
Please do not bring floating air mattresses or inflatable toys around the pools and deck areas for safety reasons.
Pets are not allowed in the pool, spa or deck area at any time, with the exception of service animals.
Please do not wear any thong bathing suits, jeans, cut offs, or street clothes in the pool. Wearing clothes in the pool will absorb the chlorine that keeps the pools clean.
Persons suffering from any illness or communicable disease may not use any pool at any time.
Smoking is prohibited in the pool areas at all times.
All Residents and guests are required to shower before using the pool or spa.
Safety equipment is only to be used in an emergency.
Cooling Trends in Seattle
If you’ve never tried Paddle Board Yoga, you’re in for a treat- and a workout. A combination of balance, nature and paddle boarding, this excursion will keep you cool and fit.
Sailing never gets old, unless you are prone to getting sea sick, then we suggest lounging by your community pool. Check out some of Seattle’s finest sailing excursions here.
Or, perhaps you’d like a little scenery with your cooling. Check out the Sea Planes at Kenmore Air.
At nearby Lake Washington, you’ll discover plenty of ways to cool down. The second largest lake in Washington State, Lake Washington borders Seattle, Kirkland, and Renton and is a favorite among the locals. From picnicking, to fishing, to tubing, canoeing, and kayaking, there’s something for everyone at Lake Washington.
Enjoy your cool adventures this summer and don’t forget to share your pics with us at #LifeatWeidner!
Summer is synonymous with barbecues. Whether you’re grilling on one of Weidner’s community grills or on your private deck or patio, here are a few recipes, rules and reminders to keep you grillin’ and chillin’ safely and with panache this summer!
Weidner Grill Rules
As you will note in your Resident Handbook, “A charcoal barbecue grill or other open-flame cooking devices may be stored on patio areas, depending on code restrictions enforced by the local municipality. Please refer to your lease contract for any restrictions regarding the use/storage of a barbecue on your patio or balcony. Liquefied-petroleum-gas-fueled cooking devices and containers, including portable camping-type containers, are NOT ALLOWED.” See page 10 of the Resident Handbook.
Now that we’ve got that important reminder out there, here are some recipes to try out this summer season:
For those of you located in cities where the seafood is fresh and easily accessible, this recipe is sure to become a quick favorite. Your friends, family, and neighbors will think you labored over this all day, but this easy shrimp and pineapple recipe is ready in under 30 minutes.
In May 2017, Weidner Apartment Homes held the “Weidner Cares!” community service days in Midland and Abilene, Texas.
The Weidner Cares Team recently partnered with Casa de Amigos in Midland, TX, where 120 volunteers helped paint, clean, and organize their facility. According to their website, “Casa de Amigos is a multicultural neighborhood center that provides comprehensive services in four main areas: Adult and Youth Education, Social Services, Health & Wellness and Senior Services. They offer a variety of services such as ESL classes, medical care, childcare, job counseling services, a senior citizen day center, and much more.”
The Weidner Cares Team repainted, deep-cleaned, and replaced flooring in the nursery of the facility. They also cleaned and organized the storage room, garage, and computer room. The board room, doctor’s office, and 3 of the classrooms received a much needed new coat of paint. The kitchen was cleaned and painted and the library was redesigned with a new house-shaped book shelf and seating area. More than 1,000 books were sorted and organized. Outside, the playground was painted, cleaned, and new shade tarps were added. Additionally, the basketball court received a makeover with a fresh coat of paint on the benches and new games were added to the court.
The Casa de Amigos team was appreciative and excited, and Executive Director Tonya Eckert commented, “Everybody loves to come into an environment that feels good and looks good. This is just is so inviting. Our clients are going to be so astounded to see the changes that were made in just a 24-hour period. We cannot say how much we appreciate the change this will make for our clients.”
In Abilene, TX, the Weidner Cares team partnered with the City of Abilene’s Neighborhood Initiative, working specifically in the Alameda Neighborhood. Over the past few years, the City of Abilene has been working to clean up some of these under resourced neighborhoods in order to help revitalize the community, and empower their residents to help change perceptions surrounding where they live.
The Weidner Cares Team painted and repaired two houses in the neighborhood of Abilene, TX. The team replaced siding on the houses which had been damaged by termites and carpenter ants, donated new air conditioning units to the owners and landscaped the yards of both houses.
Miss Marie, an Alameda resident for some 60 years is elderly with a family that lives out of town. She needed help with her lawn in addition to various repairs around the house. Marie was very happy to take a look at her newly renovated home. “To me, this neighborhood is just as good as the richest neighborhood. It’s just memories here and the love that I had here in this house.”
Homeowner, Miss Shelly is surviving on a fixed income while caring for her brother who has a disability. Her home received a coat of fresh paint from the Weidner Cares Team as well as exterior landscaping and repairs. Jerry Heald is Weidner’s Regional Maintenance Director for Texas and commented, “A lot of times we get wrapped up in our own world and we do not realize that there’s a lot of needs out there. And now we are able to see beyond the horizon of our own lives and see that there are a lot of needs out there and we can give back just a little bit to help in that area.”
Thank you to all the volunteers on the Weidner Cares team for your dedication and talent on these important projects. To the City of Abilene and the team at Casa de Amigos, we thank you for the opportunity to make a small difference in these vibrant communities.
Nothing says “Surprise!” like opening up your utility bill after a hot summer month. Rising temperatures can mean a huge jump in utility costs with air conditioners running at their peak performance and the fridge working harder than usual. Here are a few tips to lower your summer utility bill so you can save surprises for birthdays and unexpected gifts like new cars and ponies.
A Room with a Cool View
Windows aren’t just for admiring the view. If you live in a climate that cools down at night, consider the possibility of opening the window and letting the cool air in while you sleep. If you’re concerned about security, try an adjustable lock that slides into the ledge of the window and lets you control the width of the opening. In the morning, shut the windows and blinds to keep the cool air in.
Mind Your Thermostat
Make sure to keep the temperature in your apartment home consistent and don’t set the thermostat too low or it can freeze the air conditioner, rendering it useless. For the best average savings, try setting it at 78°F. Close the vents to rooms you aren’t using and keep your closet doors closed. No need to cool off those winter coats!
Get Some Fans
Everyone needs a few fans – with or without paparazzi. Ceiling and floor fans can increase efficiency in home cooling, allowing you to raise the thermostat a few degrees. Remember to turn off all fans when you exit the room.
Keep the Appliances in Check
Make sure to unplug appliances that are not in use. Turn off lights that you aren’t using, as they give off indirect heat that accumulates in the apartment home and raises the temperature. Wash full loads of dishes and clothes and consider running the dishwasher at night, after peak hours. You can also turn off the “dry” cycle on the dishwasher and let the dishes drip dry. If you turn it on at night, they’ll be dry by morning. If your apartment home has an in-unit washer and dryer, try washing your clothes in cold water and drying lighter items on hangers in the bathroom or on a drying rack in your living room. Please don’t hang your laundry on the patio. We appreciate your style, but it doesn’t do much for our curb appeal. Avoid using too much electricity during the afternoon when energy rates run higher.
Get Cool at the Pool
Take a refreshing swim in the pool and cool down your core body temperature. You’ll get all the benefits of feeling cool without spending any extra money.
Implementing these few tips can save you money over time and take the surprise out of your utility bill.
Sweet wafts of smoke coming from the grill. Laughter and lounging, poolside. City parades and plenty of red, white and blue in the crowd. A glorious, extra day off work, and…fireworks! This is the celebration we welcome each year as the 4th of July.
As you might guess, there’s one detail in the description above that isn’t welcome at Weidner Apartment Homes, and that is – fireworks.
Fireworks are prohibited at any Weidner community.
Exciting and entertaining as they are, fireworks are strictly prohibited at any Weidner Apartment Homes community. For details on this important safety rule, please see page 7 of your resident handbook. Please note that we have a no-tolerance policy for discharging or displaying fireworks. please view this site for more safety tips on 4th of July.
Celebrations and Events Near You
Fortunately, most cities have meticulously planned 4th of July celebrations that are tailor-made for fun. Here are a few highlights of celebrations and events near you the entire family will enjoy:
From scavenger hunts and festivals to concerts and 4th of July fireworks cruises, Seattle, and the surrounding area has a wide variety of events to enjoy. Head over to Whidbey Island for the fireworks show, or reserve your table at one of the many downtown restaurants and watch the fireworks while you dine on the sumptuous fare.
The Fabulous Phoenix 4th celebration attracts more than 100,000 visitors and boasts entertainment venues, festivals, food booths and arts and crafts to keep the entire family entertained. Or check out the Phoenix Zoo for their “4th of Zooly” event!
Whether you prefer to watch the Minneapolis skyline light up from a nearby restaurant rooftop, or from Stone Arch Bridge or Gold Medal Park, this city has plenty to choose from. Or, find a space on the grass, lay down your blanket and enjoy the view from Nicollet Island.
With 19 hours of daylight to work with, 4th of July in Anchorage has a plethora of events to help you ring in Independence Day. Anchorage’s Delaney Park Strip hosts a pancake breakfast, where you can easily head over to the parade, and from there you can proceed on to the festival. Or, head over to Mulcahy Stadium to catch the fireworks after the second game.
However you decide to celebrate Independence Day, we wish you and your family a fun, safe holiday weekend!