MULTIFAMILYMINUTE
BOARD OF DIRECTORS
EXECUTIVE COMMITTEE
KAREN PERKINS, PRESIDENT
Willow Bridge Property Company, GFAA
AMANDA SIEGAL WILLIAMS, VICE PRESIDENT
BSC Holdings, PTAA
AMY RITCHY, TREASURER
Greystar, WAA
AMY TIMOCKO, SECRETARY
Caviness & Cates, TAA
LISA TAYLOR, IMMEDIATE PAST PRESIDENT
Greystar, GCAA
NORM PRAET, GENERAL COUNSEL
Brownlee Whitlow & Praet, PLLC
2025 BOARD MEETING DATES
JANUARY 15
Greensboro
MARCH 19
Zoom
MAY 12
Raleigh
AUGUST 20
Zoom
OCTOBER 22
Asheville
DECEMBER 17
Zoom
DIRECTORS AT LARGE
APARTMENT ASSOCIATION OF
WESTERN NORTH CAROLINA (AAWNC)
TINA GORBY BAKER
Apartments.com
BETHANY LYKINS
Greystar
KIMBERLY MEDEARIS
Fogelman Properties
GREATER CHARLOTTE APARTMENT
ASSOCIATION (GCAA)
GABRIELLE BOUKNIGHT
HHHunt Property Management
DANA FLAHERTY
BGSF
MICHELLE O'BRIEN
Loebsack & Brownlee
DEIDRE QUICK
Willow Bridge Property Company
GREATER FAYETTEVILLE APARTMENT ASSOCIATION (GFAA)
JENNIFER PITTMAN
Apartment Dynamics
ANGELA RAUPP
Apartment Dynamics
GREENVILLE AREA APARTMENT ASSOCIATON (GAPMA)
BRENDA WALTERS
CareMaster
PIEDMONT TRIAD APARTMENT ASSOCIATION (PTAA)
JAMES CRAIG
Ari Apartment Management
MARY GWYN
Apartment Dynamics
KRISTIN STANTON
Bell Partners
BERT WRAY
Chadwell Supply
TRIANGLE APARTMENT ASSOCIATION (TAA)
CRAIG NARDI
Blue Heel Development
CINDY NITSCHKE
Valet Living
SYDNEY PARTIN
Greystar
APRIL VASTA
Willow Bridge Property Company
WILMINGTON APARTMENT ASSOCIATION (WAA)
KRYSTI KESER
Highmark Residential
DORIANE MURRAY
Tribute Properties
KAREN SPAID
Highmark Residential
AANC STATE SUPPLIERS COUNCIL
LIZ NEWKIRK
Loebsack & Brownlee
PRESIDENT’S LETTER
Dear AANC Members,
I hope this message finds you well. As we reflect on a phenomenal season for the Apartment Association of North Carolina, I am filled with pride and gratitude for the energy, passion, and commitment of our members.
Last month, we came together in Raleigh for the 2025 AANC CONNECTed Conference - and what an extraordinary gathering it was! Over 720 multifamily professionals from across the state united to learn, network, and celebrate the strength of our industry. From the energizing keynote by Joel Zeff to engaging breakout sessions, the return of the AANC Trade Show, and an impactful Lobby Day at the Capitol, the conference was a true testament to the power of connection and collaboration.
I want to extend a HUGE thank you to Kristin Goins, AANC Director of Education &
Engagement, whose leadership, creativity, and tireless dedication were instrumental in bringing this event to life. Kristin’s passion for connecting people and delivering value shines through in everything she does. I also want to recognize the entire AANC Staff—Executive Director, Jon Lowder, Kat Nicholas, and Julie Powers—for their exceptional work behind the scenes. We are so grateful to have such an incredible and dedicated AANC team!
A heartfelt thank you also goes to the AANC Education Committee, particularly the AANC Conference Subcommittee led by Stephanie Loyd with Smart Apartment Data and Elizabeth Anne Richardson with Phillips Management Group. Their hands-on leadership and unwavering commitment were instrumental in delivering an experience that truly raised the bar!
We are also grateful for the 60+ volunteers who generously gave their time and energy to support the event. A special shoutout goes to Willow Bridge Property Company for having the most volunteers at the conference! In addition, we recognize the companies that sent the highest number of attendees, investing in their teams through education, career advancement, and legislative engagement. Congratulations to Willow Bridge for leading the way, followed by Drucker + Falk in second place, and Bell Partners in third. This level of engagement is what drives our industry forward—thank you all for making it happen.
(continued)
(continued) Please join me in a salute to the following outstanding professionals:
2025 AANC 20 on the Rise Honorees: Cessily Allen, Micah Brown, Racheal Dinka, Robert Garrison, III, Dara Harris, Ryan Herrmann, Kerrington Keyes, Michelle Kingson, Sarah Lane, Michelle Linton, Megan Lord-Harvey, Sammy Neighbors, Alexis O’Buckley, Natasha Pinckney, Skyler Reak, Celia Smart, Lindsey Storer, Jamaula Sykes, Cristy Truesdale, and Sean Vaughan
2025 AANC Leadership Lyceum Graduates: Allison Allen, Jami Anderson, Vail Barnes, Hannah Boyd, Bill Clements, Jessica Coffil, Wilnilda Cruz, Natalie Hart, Kim Hayworth, Eliza King, Carrie Langley, Whitney Nye, and Natasha Pinckney.
We were honored to induct Chris Loebsack into the AANC Hall of Fame—a well-deserved tribute to an individual whose leadership and service have profoundly shaped our state and industry. His legacy is one of dedication, integrity, and impact-both within our association and beyond. We are honored to celebrate Chris’s achievements and look forward to his continued contributions.
We also proudly recognized the 2025 AANC DEI Scholarship recipients: Kyra Petty of Burkely Communities and Bernard Ross of The Hanover Company. These individuals exemplify the talent and dedication that drive our industry forward.
Finally, congratulations to Amanda Propst of Greystar, the recipient of the 2025 Larry Cranford Memorial Scholarship. Amanda’s commitment to excellence embodies the spirit of this special award—well done, Amanda!
A special thank you to Chris Burns, National Apartment Association Chair-Elect, for joining us at the conference and swearing in the 2025 AANC Board of Directors. We are grateful for his leadership and partnership as we work together to advance the multifamily industry.
As we carry the momentum of the CONNECTed Conference forward, I encourage all members to get involved— whether by joining a committee, volunteering at an event, or supporting a fellow industry professional. Together, we are stronger—and together, we can make a difference in the communities we serve.
Thank you for all that you do for AANC and the multifamily industry in North Carolina. It’s an honor to serve as your President, and I am excited for the opportunities that lie ahead.
With a grateful heart,
Karen Perkins, AANC President
AANC WEBINARS
Future Forward: Demystifying th e Multifamily AI Evolution
June 5, 2025 l 2:00pm 1 CEC
Join us for a fast-paced webinar where industry experts will break down how AI is reshaping employee experience, operations, leasing, marketing, and leadership. In this session you will learn how to reduce burnout, boost profitability, empower teams, implement AI today, and lead change at every level.
GOVERNMENT AFFAIRS
June 2025
Another Successful 2025 AANC Lobby Day
The 2025 AANC Lobby Day, held on May 14, was a resounding success. Members from local affiliates across North Carolina came together at the General Assembly to advocate on key policies impacting the rental housing industry and its residents. With dozens of meetings held with lawmakers and staff, advocates spotlighted top legislative priorities for AANC, including summary ejectment reform, rising building and development costs, and addressing unauthorized occupants, aka squatters. Thank you to everyone who made their voices heard at this year’s Lobby Day —your engagement is critical to AANC’s legislative success!
Legislative Session Update
The North Carolina General Assembly remains active in its long session, which began January 8 and is expected to continue into the summer. A week before Lobby Day, lawmakers passed the important “crossover” deadline, solidifying which bills remain eligible for consideration for the rest of the 2025-2026 biennium. Legislation we’re working on includes:
SB 648: AOC AGENCY REQUESTS.-AB At AANC’s request, this bill includes a clarifying amendment to ensure landlords are not discouraged from settling cases due to unclear language about attorney fee recovery in summary ejectment cases. The amended bill passed the Senate unanimously and now awaits a hearing in the House.
HB 96: EXPEDITED REMOVAL OF UNAUTHORIZED PERSONS AANC negotiated alongside other stakeholders in support of HB 96, which establishes an expedited removal process of an unauthorized person from residential property and defines an “unauthorized person” as a person who has no legal claim to occupy the property under a lease or otherwise. HB 96 has passed the House with bipartisan support and now awaits a hearing in the Senate.
HB 765: SAVE THE AMERICAN DREAM ACT The Local Government Development Regulations Omnibus, this bill aims to remove barriers imposed on housing developers by local governments that delay the construction of new development and increase the costs associated with building new developments. Most recently, HB 765 passed the House Committee on Housing and Development and now awaits a hearing in the House Committee on Finance.
HB 768:
CLARIFY EMERG. COMM. EXEMPTIONS/FIRE
CODE This legislation includes provisions that could reduce development costs by hundreds of thousands of dollars—savings that ultimately benefit renters. HB 768 passed the House with only one no vote and now awaits a hearing in the Senate.
AANC’s public policy priorities reflect our industry’s commitment to increase the housing supply and reduce the costs that contribute to North Carolina’s affordability crisis. Whether in urban, rural, or growing communities, we continue to advocate for solutions that expand housing options and create a healthier rental housing market statewide.
SUPPORT MULTIFAMILY
THANK YOU to everyone who participated in the PAC raffle at the 2025 AANC CONNECTed Conference!
We raised $13,725, bringing our total raised to date to $25,976. These dollars help support candidates standing for the issues important to the multifamily industry.
Thank you to our 2025 PAC supporters!
Your PAC contributions play a vital role in a candidate’s ability to win elections and every dollar, no matter how large or small, counts. We still have a long way to go to meet our goal of raising $150,000 by the end of 2026, so join us and support the multifamily industry in North Carolina by donating today!
The Multifamily Housing Coalition of North Carolina (MHCNC) strategically directs resources where they will make the biggest impact. Whether it’s running targeted campaigns, funding advocacy efforts, or responding swiftly to legislative threats, the MHCNC ensures that the rental housing industry isn’t left scrambling for resources at the last minute.
By building a strong financial foundation now, MHCNC can effectively safeguard North Carolina’s multifamily housing sector against future regulatory and legislative challenges.
Stay engaged, support the cause, and help shape the future of rental housing in North Carolina.
To donate to the MHCNC, visit the AANC website for more information, or email Jon Lowder at jon@aanconline.org.
AANC HALL OF FAME
The Apartment Association of North Carolina is proud to induct Chris Loebsack into the AANC Hall of Fame, recognizing his outstanding contributions to the multifamily housing industry. Chris’s journey is a testament to dedication, excellence, and service, making a lasting impact on the industry and the communities he serves.
A proud Clemson Tiger and a graduate of Duke Law, Chris has built an extraordinary career marked by integrity, hard work, and an unwavering commitment to excellence. As the founder and Managing Principal of Loebsack & Brownlee, PLLC, he has established a firm renowned for its trust and expertise in the multifamily housing sector. For over a decade, property management professionals across the Carolinas, Georgia, and Virginia have relied on Chris and his team for legal guidance, innovative solutions, and steadfast support.
Beyond his professional achievements, Chris’s dedication to giving back has left an indelible mark on the industry. His leadership and service have strengthened key organizations such as the AANC, the Greater Charlotte Apartment Association, and the Wilmington Apartment Association. His contributions extend beyond the housing industry as well, serving on the Clemson University Humanities Advancement Board since 2015. His commitment to education and cultural enrichment reflects his belief in lifting others and building a brighter future.
Chris’s accolades further underscore his impact. He has been named to the North Carolina Super Lawyers list for ten consecutive years, a testament to his skill and expertise. In 2023, he received one of the highest honors in the industry, the prestigious Lex Marsh Award from the Greater Charlotte Apartment Association. These recognitions highlight the respect and admiration he has earned from peers, clients, and colleagues alike.
Chris’s influence extends far beyond awards and titles. He is known for his genuine passion for people, serving as a mentor, leader, and advocate who inspires those around him to strive for excellence. Chris’s ability to connect with and uplift others is a defining characteristic of his career and personal life. In addition to his professional commitments, Chris is devoted to his family, drawing strength and joy from them. Balancing a thriving career with personal life is no easy feat, yet he approaches it with the same dedication and care that defines his work.
Chris Loebsack’s contributions to the multifamily housing industry, his unwavering leadership, and his commitment to service have set a high standard for excellence. His work has not only shaped the industry but has also positively impacted the lives of countless individuals. As he receives this well-deserved honor, his influence will undoubtedly continue to grow in the years to come.
LEADERSHIP LYCEUM
AANC could not be prouder of the Leadership Lyceum Class of 2025 that graduated in May at the AANC CONNECTed Conference Recognition Lunch!
Congratulations to Allison Allen (Bell Partners), Jami Anderson (Middleburg Communities), Vail Barnes (Hawthorne Residential Partners), Hannah Boyd (Carlisle Residential), Bill Clements (Environmental Diversified Services), Jessica Coffil (RKW Residential), Wilnilda Cruz (Sweetwater Property Management), Natalie Hart (The Liberty Group), Kim Hayworth (Greystar), Eliza King (Pegasus Residential), Carrie Langley (Burkely Communities), and Natasha Pinckney (Greystar)
And a special thanks to our class sponsors, Affinity Waste Solutions and Brownlee Whitlow & Praet.
STATE SUPPLIERS COUNCIL
A Message from the Chair of the SSC
Hello AANC Members,
As Chair of the AANC State Suppliers Council, I want to extend a heartfelt thank you to all of our incredible supplier partners for your continued support and engagement. Your involvement plays a vital role in the success of the AANC and the strength of our multifamily industry as a whole.
We were thrilled to host our fourth stand-alone Trade Show at the 2025 AANC Conference in May and Bill Clements, AANC State Suppliers Council Vice-Chair, Kristin Goins, and I are proud to share that it was a SOLD OUT event, with 45 companies represented! The energy on the floor was unmatched, and the meaningful engagement between suppliers and owner/operators truly highlighted the power of in-person connection. To top it off, we were excited to give away over $3,500 worth of prizes, adding a fun and rewarding twist to the experience.
To all of our 2025 Conference sponsors, thank you. Your generous support makes this event possible, and we are grateful for your partnership in helping us raise the bar year after year.
Looking ahead, suppliers, mark your calendars! Sponsorship and exhibit opportunities for the 2026 Conference will be available this October. These opportunities go fast, so be sure to act early.
Finally, don’t forget to explore ongoing ways to stay connected and visible throughout the year, including advertising in the Multifamily Minute and sponsoring upcoming AANC webinars for additional brand visibility.
Thank you again for being such an integral part of our community. We look forward to even more success together in the year ahead!
Warm regards,
Elizabeth (Liz) Newkirk Chair, AANC State Suppliers Council
AANC can help get your message out to the multifamily housing industry across the state. Visit our website to discover a variety of sponsorship opportunities to help you elevate your brand throughout North Carolina.
AANC NEXTGEN
On behalf of the AANC NextGen Committee, we are excited to highlight the inaugural
AANC 20 on the RISE
These highly deserving individuals attended the AANC CONNECTed Conference this Spring in Raleigh: Cessily Allen, Micah Brown, Racheal Dinka, Robert Garrison, III, Dara Harris, Ryan Herrmann, Kerrington Keyes, Michelle Kingson, Sarah Lane, Michelle Linton, Megan Lord-Harvey, Sammy Neighbors, Alexis O’Buckley, Natasha Pinckney, Skyler Reak, Celia Smart, Lindsey Storer, Jamaula Sykes, Cristy Truesdale, and Sean Vaughan.
SMASH NextGen News with Ashley Vetter & Sam Amato
WE ARE MULTIFAMILY
STORIES FROM THE GROUND UP
AANC Board Highlight: Angela Raupp
Angela Raupp (she/her) is a dedicated multifamily professional, with a story rooted in resilience, hard work, and advocacy. Born and raised in Karthaus, Pennsylvania, Angela spent her high school summers working in a powdered metals factory, where her mother oversaw quality control. Her responsibilities included drilling, tapping, molding, and baking metal components in a sweltering warehouse. The challenging environment inspired Angela to pursue a college education and explore a long-term professional path.
In October of 2000, Angela moved to Fayetteville, North Carolina. Once settled, she realized how much she enjoyed being away from the snow, so she made North Carolina her permanent home. In 2012, Angela married her husband Andrew, who was active in the military. Today, her and her family live in a house they built years later, in Hope Mills, NC.
After moving to North Carolina, Angela completed her associate degree in Business Administration from Fayetteville Technical Community College. She then applied for a Leasing Professional position, drawing on her experience renting rooms and promoting amenities as hotel front desk clerk in Kansas. Angela has been active in the multifamily industry ever since, holding a variety of roles ranging from Leasing Consultant to Manager, Regional Manager, and Director of Operations.
Now, with over 24 years in the industry, Angela is currently the Remote Training and Support Specialist for Apartment Dynamics, where she has been for the last two and a half years. She shares “I’m fortunate to be in a position where I can share both industry and company knowledge with team members - and I truly love helping others grow and succeed in multifamily.”
FAVORITES
PIE: Warm apple pie with a good crust – Vanilla Ice Cream is a plus!
COLOR: Pink
SPORTS TEAM: Pittsburgh
Steelers
MUSIC GENRE: Kids Bop, because kids!
Angela and husband Andrew
AANC Board Highlight: Angela Raupp (continued)
Angela’s experience and dedication to the multifamily industry has led to a variety of leadership positions and recognition. She served as Vice President of the Cumberland County Apartment Association (CCAA, now the Greater Fayetteville Apartment Association, GFAA) in 2012-2013 and President of CCAA in 20142015. Angela currently represents GFAA on the AANC Board of Directors. Her recognitions include:
• 2014 AANC Leadership Lyceum Graduate
• 2018 National Apartment Association Community Manager of the Year
• 2018 Fayetteville, NC 40 Under 40 Recipient
• 2018 GFAA Community Manager of the Year.
Outside of her busy life in the multifamily industry, Angela’s personal life is equally as active. Her days often begin with an early morning run, keeping herself in shape for her next half-marathon (she’s already completed five!). She is a committed and proud mother of three: Myles (24), and 8-year old twins Madison and Mitchell. She reflects that “Twins are the BEST buy-one, get-one free!” When the weather turns warm, you can often find her and the kids enjoying their backyard pool or eagerly awaiting their next trip to Disneyworld.
Angela’s commitment to helping others extends far beyond her work. When she was pregnant with the twins, she learned that one of them (Madison) had markers for Trisomy 21 (Down Syndrome) and a heart defect. It was a time of fear, uncertainty, and overwhelming questions.
Madison spent the first 75 days of her life at the Duke NICU, underwent multiple surgeries, and faced more medical challenges than many adults see in a lifetime. Angela shares that today, Madison is “absolutely thriving and truly rocking her extra chromosome—with a whole lot of sass and personality to match.” Her experience has made her a fierce advocate for Madison and others in the Down syndrome community. She asks that “If you’re a parent facing a prenatal diagnosis, have questions, or just need someone to talk to— I’m here. Please don’t hesitate to reach out.”
Angela has built a life defined by service and compassion. From the factory floor to the boardroom, and from the fear of the unknown to championing others in the Down syndrome community, she’s an inspiration to us all.
Myles, Angela, Mitchell, and Madison
AANC SCHOLARSHIP RECIPIENTS
On behalf of the AANC DE&I Committee, we congratulate our 2025 DE&I Scholarship Recipients: Kyra Petty (Burkely Communities) and Bernard Ross (The Hanover Company)
These future change agents attended the 2025 AANC CONNECTed Conference at no cost with a lodging and food stipend.
Congratulations to the 2025 recipient of the Larry Cranford Scholarship, Amanda Propst. Amanda is a Community Manager with Greystar in Wilmington, North Carolina and will receive up to $1,000 toward earning her CAM designation.
AANC would like to thank the Wilmington Apartment Association Board for their diligence in selecting this year’s recipient.
The mission of the scholarship is to foster the professional apartment industry education and career development potential of selected upand-coming multifamily rental housing industry leaders in NC. 15
LEGAL CORNER
This article is for informational purposes only and should not be construed as legal advice, nor does it constitute an opinion, recommendation, or endorsement of any kind. It is not intended to provide, and should not be relied on as, legal advice, nor does it represent the views, opinions, or recommendations of AANC. Readers are encouraged to consult their own legal counsel for advice specific to their circumstances. The information provided herein does not create an attorney-client relationship.
Shifting Sands of Federal Agency Actions Impact Cares Act Duties
By Chris Loebsack, Managing Principal - Loebsack & Brownlee, PLLC
While we all wait for Congress to take action and pass the "Respect State Housing Laws Act" that has been introduced for 3 consecutive years in Congress, there have been some interesting developments from two Federal Agencies that will still impact the Multifamily Industry's actions with regard to tenants who are in default of their Leases. The 1st is from the FHFA, aka Fannie Mae and Feddie Mac - in 2024, the Agency put forth a rulemaking that would have required all new loans issued by the Agency after Feb. 28th , 2025, to make mandatory the CARES Act's 30-day Notice to Vacate as part of the loan obligations. But just before that deadline, the Agency's new management put a pause on that rule and directed that no further action be taken until at least May 31st, and as of today, no new directive has been issued.
What this means in practical terms for Multifamily buyers is that, until further notice, there is no current mandate for new FHFA Loans to insist on 30-day Notices as part of the financing package given to the buyer by the Agency. Will that requirement be re-instated?
Find out more by reading the full article here.
AFFILIATE UPDATES
WHAT’S HAPPENING AROUND THE STATE IN THE MULTIFAMILY INDUSTRY
GREATER CHARLOTTE APARTMENT ASSOCIATION (GCAA)
Whew! There was something for everyone in Q2.
We’re celebrating 30+ members completing the CAM and CAPS courses, 60+ members leveling up with a Hands-On session, and 300+ members adding a big splash to their resumes with a CPO certification!
We took our Association Out Of This World with 169 exhibitors and over 1,000 attendees at our annual Trade Show.
We elevated the women who serve multifamily with a seasoned and textured panel curated to celebrate their impact and encourage their efforts.
We’ve met with government officials and legislators to embolden the needs and initiatives that drive change and impact our industry.
We’ve cleaned local streams and streets and revived the multifamily dinners lost to the pandemic.
And if we ran short on steam, we’d reenergize ourselves with coffee and real talk in our Morning Perks Podcast studio.
Q3 holds two more amazing ways to give back to our multifamily community and the kick-off to our 3-part Summer Series and Reverse Trade Show - let’s go GCAA!
AFFILIATE UPDATES
TRIANGLE APARTMENT ASSOCIATION (TAA)
TAA launched the second quarter at the TAA Trade Show, where over 150 supplier members showcased their products and services to over 960 attendees. This year’s theme, “A Cosmic Connection,” created an energetic atmosphere filled with networking, prizes, and fun. Thank you to all our participating suppliers and TAA’s Special Events Committee for organizing an unforgettable experience that set the tone for the months ahead. During the Trade Show, TAA’s Education committee hosted their 25th annual Battle of the Baskets fundraiser, raising $5,182 for the Copper Circle Education Foundation Scholarship Fund with proceeds to benefit scholarships for NAAEI credential programs.
Education remains the full focus of our industry. This quarter offered a variety of learning opportunities at TAA, including:
NAA Lease Review, Leasing Boot Camp, and CPO courses.
The continuation of the 5-month TAA Leadership Lyceum program.
A highly demanded legal issues course equipped attendees with NC landlord-tenant laws.
Maintenance Roundtable hosted by TAA’s Education Committee.
A Rise & Grind session on inclusion was hosted by TAA’s DEI, PR & Community Outreach, and XCEL committees. Athletes from Special Olympics North Carolina (SONC) led the conversation and sparked reflection on how our industry can better support individuals with intellectual disabilities.
TAA members also strengthened partnerships and demonstrated commitment to community engagement. On May 31, TAA Members and friends joined for a Day of Service. The groups volunteered at the SONC Summer Games, assisting with competitions, presenting awards to athletes, and supporting the Victory Dance celebration. Their efforts contributed to over 400 collective volunteer hours. (continued)
AFFILIATE UPDATES
TRIANGLE APARTMENT ASSOCIATION (TAA) (continued)
Advocacy remained central to TAA’s mission, with members joining nearly 40 meetings with state legislators during AANC’s Lobby Day. At NAA’s Advocate Day on the Hill, TAA connected with every North Carolina Triangle U.S. House delegation member. In addition, TAA President Franklyn Rodriguez discussed key policy issues for our industry with Sen. Thom Tillis.
Looking ahead, June presents new opportunities for engagement as TAA members participate in a New Construction Bus Tour. Attendees will visit four of the Triangle’s newest communities and learn about the latest trends in the industry.
From networking events to advocacy efforts, TAA is dedicated to fostering professional growth, strengthening community ties, and driving industry innovation.
ON THE MOVE
NEWS FROM THE MULTIFAMILY AND RENTAL INDUSTRY
Starts jump nearly 30% YOY for buildings with 5 or more units
With tariffs looming, permits for those apartments rose slightly, while deliveries and properties under construction fell year over year. Read more.
Apartment Market Pulse Spring 2025
Demand remains resilient amid economic uncertainty and affordability challenges Read more.
Construction costs dip, but tariffs hike some materials’ prices
Inputs declined overall in April due to falling energy prices, but steel and copper rose significantly while nonresidential costs continued their upward march. Read more.
Tax Bill Passes House
Legislation retains rental housing industry tax priorities, moves now to the Senate. Read more.
NEWS FROM NAA
from Lisa Taylor, NAA Region 4 Vice President
First 100 Days: 100 days into a new administration, NAA continues to focus on amplifying the voice of the rental housing industry. From advocating for boosting supply and lowering costs to reintroducing key housing bills and emphasizing tax priorities, read more about NAA’s efforts to deliver results for the industry. Key updates include:
• More than 11 regulatory victories
• 2 important housing bills reintroduced in Congress
• Framework for industry tax priorities established during Advocate, NAA's advocacy conference, featuring 270+ meetings on Capitol Hill.
Advocate: NAA’s annual advocacy conference, Advocate, was held in late March and gathered over 800 rental housing professionals to advocate for housing affordability solutions. Read the full event digest and watch the video recap.
Disparate Impact in Jeopardy: President Trump has issued an executive order eliminating disparate impact liability as the industry knows it. The order “eliminates the use of disparate-impact liability in all contexts to the maximum degree possible to avoid violating the Constitution, Federal civil rights laws, and basic American ideals.” Read more.
Rental Housing Property Insurance: Dive into the challenges related to securing and maintaining commercial property insurance, as well as gain insight into identifying strategies for potentially reducing costs. Listen to the recorded webinar conversation here.
NAA Podcast: The NAA Apartmentcast has surpassed an impressive 5,000 downloads across all platforms, landing in the top 50% of podcasts nationwide. Catch up on the latest episodes to hear more about:
• New research on the cost of regulation
• NAA's 2025 federal legislative priorities
• Lessons from a career in real estate research
Music and TV Licensing: Alongside a thorough review of its Music Licensing: Operational Resources to ensure continued alignment with prevailing legal standards and industry best practices, NAA has introduced two new operational resources related to copyrighted audiovisual content. Read more.
Apartmentalize June 11-13
Las Vegas Convention Center
Las Vegas, NV
Rental Housing Advocacy and Legal Summit - RHALS
July 28-August 1
Hyatt Regency Denver Denver, CO
Assembly of Delegates (AOD)
November 10-12
Loews Atlanta Hotel Atlanta, GA
NEWS FROM NAA
Go All In at Apartmentalize!: Save by registering groups of 5 or more – shine the spotlight on your whole team in Las Vegas this June! Register today!
NAA regional elections for all even regions are scheduled to take place during Apartmentalize on Wednesday, June 11 from 8am - 9am (Local). The following is a summary of how the elections will be conducted and information on the candidates:
• During the region meeting, NAA Regional Vice President, (RVP) elections will be conducted first. Please note only verified delegates will be eligible to vote in the NAA RVP elections. Instructions on how to register for the vote will be forthcoming.
• NAAEI Regional Board Representative elections will follow the RVP elections. Everyone presents in the region meeting may vote for NAAEI Regional Board Representative.
• Each candidate running for office will have an opportunity to make a brief statement prior to their respective vote.
• The UNOFFICIAL Election results will be announced immediately following the vote. NAA Election officials will convene and certify the election results 5 days after the elections close and official results will be announced.
• Submitted applications were reviewed and vetted for eligibility in accordance with the NAA Policies and Procedures - Appendix 9.
• All applications as well as a complete list of eligible NAA Regional Vice President and NAAEI Regional Board Representative are available for view in the Region 04elections folder. All voting delegates and delegate alternates should review the applications in advance of the June 11, regional elections.
Hall of FAME 2025 Inductee for Marc Ross will be held Wednesday, June 11 5:30 PM – 6:30 PM Las Vegas Convention Center | West Building | Room W238.
/E IQ Data Submissions are Open: Submit your 2024 income and expense data to gain access to regional benchmarks this fall, helping you make informed decisions to increase your bottom line. Submit your data now!
RHALS 2025: RHALS, formerly Government Affairs Roundtable (GART) and Legal Symposium will be held July 30 –August 1 in Irving, TX. Stay turned for open registration. Region IV and AANC have several guest speakers and panelist attending this event.
UNITS Magazine: NAA’s UNITS Magazine provides an excellent overview of trade news & newsmakers in the housing industry.
Lisa Taylor l Greystar, NAA Region IV Vice President LTaylor@greystar.com
