In today’s competitive real estate market, property owners and managers are constantly seeking innovative ways to boost rental income and property value. One often overlooked strategy is the monetization of community spaces. From elegant lounges and fitness centers to rooftop terraces and event venues, multifamily properties boast a treasure trove of untapped potential. In this webinar, we will take you on a journey through the strategies, best practices, and creative methods that can help you unlock the revenue potential of your multifamily community spaces.
Propmodo’s expert panel will explore:
- Monetization Strategies: Learn how to identify and capitalize on the unique attributes of your community spaces, from leasing for events and gatherings to transforming them into co-working hubs.
- Rental Opportunities: Discover how to structure rental agreements that not only generate income but also contribute to a thriving, engaged resident community.
- Events and Programming: Explore the power of hosting events, workshops, and classes within your community spaces, attracting both residents and external participants.
- Partnerships and Collaborations: Hear success stories of multifamily properties forging partnerships with local businesses, service providers, and organizations to enhance the resident experience and generate additional income.
- Legal and Operational Considerations: Gain insights into the legal and operational aspects of monetizing community spaces, ensuring compliance with regulations and maintaining a safe, inclusive environment.
Date: November 14, 2023
Time: 10:00am PT, 1:00pm ET