September 2022 | The monthly e-newsletter of the Florida Apartment Association
What's New in FAA
Registration Available On-Site
Online registration for the 2022 FAA Annual Conference & Trade Show is closed, but management attendees can still register on-site at the Diplomat Beach Resort, 3555 South Ocean Drive, Hollywood, FL 33019. Learn more at FAAconference.com.
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One of the most valuable assets to any apartment manager are current residents and, as such, resident retention should be one of the highest priorities. To do that, you need exciting apartment renewal incentives to remain competitive.
For months, rent growth has continued upward, but the latest data shows asking rents are decreasing. Year-over-year (YoY) rent growth continues, yet a slowdown has happened after more than a year and a half of gains. A new report for Apartments.com shows rents declined across the U.S. from July to August.
FAA is a federation of nine local affiliates, representing more than 900,000 apartment homes in Florida. All community, management company, and supplier members in good standing of a local affiliate are automatically members of FAA and NAA.