Community Improvements That Drive NOI

Tim Bruss, Managing Director of Asset Management for Hamilton Zanze, was co-featured in the recent Multifamily Executive story, “Community Improvements That Drive NOI.” Tim shares his views on community upgrades that make the most sense in the current apartment landscape, as well as those not as likely to deliver a strong ROI.

Read the full article, and see below for a short excerpt.

“We’re going into a cycle where it’s really about getting back to the fundamentals,” says Tim Bruss, managing director of asset management for Hamilton Zanze, a San Francisco-based real estate investment firm that owns over 120 multifamily communities nationwide. “When doing so, it’s important to keep in mind that people mostly crave the basics, such as in-unit features and common-area amenities. Additionally, modern-day residents just want things to be easy. They want an easy process to tour properties, sign leases, pay rent, and submit maintenance requests.”