|
|
Advertisement
|
2024 CAA Board of Directors Announced
CAA
During their annual meeting on January 17, 2024, the full slate of board members was sworn in. We welcomed four new members, building on our strong reputation of leadership on behalf of the multifamily apartment industry. Please join us in welcoming Almedin Kahvedzic (Waterton), Sarah Kolkman (Redwood Residential), Christina Olson (Group Fox) and Derek Reich (CYM Living). With our new president, Gina Fortune-Harmon (Habitat), we look forward to working with this wonderful group of professionals. For a complete listing of the board members, click here.
|
Advertisement
|
2024 Business Exchange
CAA
Associate Tickets and Sponsorships go on sale through the link below at 10:00 a.m. CT on Thursday, Feb. 1. You must be logged into your CAA account to register. Register Here
Join us on from 1:30 – 5:30 p.m. on Tuesday, April 16 at the Hyatt Regency for a reverse trade-show style event; consistently ranked as one of the most valuable events of the year by our members.
This event provides associate members an opportunity to meet one-on-one with owner/management company executives in an in-person speed-networking format.
How it Works: Each owner/management company that registers is assigned a table for their staff. Associates (vendors) may attend and have the opportunity to visit each table for a seven-minute networking meeting.
Owners and Management Company Decision Makers
Registration for member property owners and management company decision makers is FREE of cost, so reserve your spot today! Benefits include:
- Networking with new and current vendors to receive budget feedback
- Short face to face meetings with multiple vendors at one place in one afternoon
- Prime opportunity to network with executive-level peers
Register Here
*A $50 charge will be invoiced to owners/managers who do not show without notification to CAA staff.
Associate/Vendor Members
Associate (vendors) members may attend for $825 per person (limit two per a company). You must be a CAA member in good standing at the time of the event.
Reception and bag sponsorships are also available for this event! View the sponsorship package details here.
|
2024 NYKO Recap
CAA
Thank you to everyone who supported and attended our Jan. 17 New Year Kick Off (NYKO) event at the Old Post Office. It was so wonderful to see over 300 of our friends and colleagues! Special thanks to our amazing sponsors! Click here to view the event photos on the CAA Facebook page.
During the event, CAA hosted our annual peanut butter & jelly food drive in partnership with CORT and the nonprofit Move for Hunger. Member companies engaged in a spirited competition to provide the largest donation. Morguard Management blew everyone away with their generous donation (pictured) and received the title of "NYKO 2024 — Hunger Fighting Heroes!"
We are thrilled to report that members donated a total of 433 lbs of food. Combined with the monetary donations collected that night, this is enough to provide 439 meals! Our friends from CORT Chicago picked up the food and delivered it to the Northern Illinois Food Bank.
Thank you to all our amazing members and partners for making a New Year's resolution to help fight hunger!
|
Advertisement
|
Promoted by Chicago Housing Authority
Are you looking to fill your vacancies with long-term, stable tenants in 2024? Now is the time to join the 13,000+ housing providers who currently rent their properties to HCV families. In this video, you’ll learn about the many benefits of this federal subsidy program, what to do when a voucher holder contacts you plus everything else you didn’t know to ask. Watch Video
|
Education Calendar
CAA
Frontline Leasing 1.0 with Lisa Trosien
9:00 a.m. – 2:00 p.m. on March 7, 2024
BluSky Restoration Contractors in Rolling Meadows, IL
A new year brings new challenges! We've gone from waiting lists to having apartments available and in some cases, even concessions or incentives to get people to move in. With all of the virtual and self-guided tours that took place in the last couple of years, many Leasing Professionals may find themselves needing a refresher course in basic leasing techniques. Managers — you may also have had some new hires you haven't been able to fully train. You also may want to supplement your current training program with techniques from the top leasing educator in the country, Lisa Trosien.
Lisa's courses for the National Apartment Association, apartment association affiliates, management companies and more consistently receive the highest scores for her presentation skills, content, cutting-edge information and most importantly, RESULTS.
Here are some attendee comments from recent sessions:
The best leasing class out there - no question!
Love, love, love Lisa's classes. She's funny, smart and engaging.
I've been leasing for years and still learned so much! She knows how to sell, that's for sure!
Best. Class. Ever.
Don't wait...this session WILL SELL OUT!
Blended CAM: Certified Apartment Manager
Starts March 13, 2024
Six days total - three days in-person and three days virtual
Increase your effectiveness by enhancing your knowledge of the multifamily industry. The CAM curriculum is designed to maximize the experience of the on-site professional and clear a path for growth and recognition. Your enrollment will enhance and advance your own career by demonstrating your commitment to education and higher standards of excellence. Learn More
|
Associate Members — Call for Webinar Proposals
CAA
Submit a proposal for a one‐hour webinars to be offered in the second quarter of 2024. To submit a proposal, you must be a current CAA Associate Member. The proposal will be reviewed by CAA's Professional Development Committee based on the evaluation criteria in the PDF below. The webinar must be industry related and relevant and cannot be specific to your organization. If selected, there will be a $250 host fee due upon scheduling.
View the evaluation criteria and learn more here
All proposals and questions should be sent to Alana White at alana@caapts.org.
Proposals will be accepted until Feb. 9, 2024
|
Advertisement
|
|
|
|
Promoted by CSC ServiceWorks
|
|
CAA In-Focus
CAA
Register for NAA Advocate 2024 in Washington D.C.
The time has come again for the rental housing industry to travel to Washington D.C. and advocate for our issues to members of Congress. Advocate is NAA's annual advocacy conference, and it is the perfect opportunity to meet with your representatives by joining rental housing suppliers, property managers, owners and operators in Washington D.C. CAA will be leading and coordinating the hill advocacy activity for our members that attend.
It is important for our representatives to know that we are engaged and take an active role in policy decisions that impact our industry. The issues that we intend to discuss with lawmakers include:
- Improving the Section 8 Housing Choice Voucher program to attract and better serve private sector rental housing providers;
- Incentivizing local governments to lower barriers to development and increase the supply of rental housing by passing the Yes In My Backyard (YIMBY) Act; and
- Ending the CARES Act 30-day notice-to-vacate requirement for federally-backed and federally-assisted rental properties by passing the Respect State Housing Laws Act (H.R. 802).
Advocate 2024 will be held at the Grand Hyatt in Washington DC March 12-13, 2024, and registration is open now. CAA is encouraging as many members to register and attend as possible. Please visit the NAA Advocate website to learn more about registration, travel information and the events schedule.
Chicago Aims to Phase Out Natural Gas with New Ordinance
On Wednesday, Alderman Maria Hadden introduced the Clean and Affordable Building Ordinance (CABO), which will phase out carbon emissions in newly constructed or majorly renovated buildings in Chicago. This ordinance is largely based on the Chicago Building Decarbonization Working Group recommendations from October 2022 and prohibits the indoor combustion of any substance that emits 25 kilograms or more of carbon dioxide per million British Thermal Units. Once the ordinance takes effect, one year after passage, it will apply to newly constructed buildings and buildings with additions that increase the conditioned floor area by 10,000 square feet or 25% of the pre-addition floor area. The ordinance includes a small list of exceptions, such as commercial cooking equipment, emergency backup power, crematoriums, industrial production and others.
A group of business associations and labor unions, who believe this ordinance is neither clean nor affordable, have begun organizing in opposition, and Alderman Villegas introduced his own resolution on Wednesday to require stakeholder input in the process. A major concern that remains to be addressed is whether the current infrastructure can handle the increase in electricity demand, and whether average ratepayers will have to absorb the cost of upgrades. CAA is seeking input on this ordinance from its members and will inform its approach accordingly.
|
Advertisement
|
Advertisement
|
Multifamily Deliveries Will Top Last Year's Levels by 50%
GlobeSt
Under the basic understanding of economics and the relationship between supply and demand, there comes a time when more inventory means less money. Customers can have their pick; competitors come to a point where they start lowering prices. Pricing power gets harder to come by in general. Read More
|
Advertisement
|
The High Cost of Creating Affordable Housing
Crain's Chicago Business
Encuentro Square, Evergreen Real Estate Group's latest affordable housing project at the west end of The 606 trail, includes attractive amenities such as a teaching kitchen, children's room, lounge and courtyard. It also rings up at $766,350 for each of the 89 apartments, a quarter of a million dollars more than a typical "luxury" apartment in River North or Lincoln Park. Read More
|
$500M Construction Funding Secured for 400 Lake Shore Drive
Urbanize
Related Midwest has officially secured approximately $500 million in construction financing for 400 Lake Shore Drive, paving the way for construction to commence on the first of two towers. Planned to rise on the site of the former Chicago Spire proposal, the residential towers will reshape Chicago's skyline where the Chicago River meets Lake Michigan. Read More
|
Advertisement
|
Promoted by Entrata
Entrata commissioned Forrester Consulting to examine the potential return on investment enterprises may realize by deploying Entrata. Join Entrata’s President, Chase Harrington, and Sanitra Desai, Forrester analyst, for a discussion on the recent study. You'll learn the methodology Forrester uses to determine Total Economic Impact™, how Entrata's platform and services address common challenges, & how Forrester quantified benefits to Entrata users. Learn More
|
Apartment Developer Survey Indicates Dramatic Decrease in Starts This Year
Building Design + Construction
Over 56 developers, operators, and investors across the country were surveyed in John Burns Research and Consulting's recently-launched Apartment Developer and Investor Survey. The November 2023 report collected two month's of data to find clarity in the multifamily market, including capital access, lease-up challenges and the overall development pipeline. Read More
|
|
|
|
Welcome our newest members! CAA members are encouraged to use each other for business needs, promote successes, recruit new members and assist in growing their business. Doing business with members is good business!
