Adding value to apartment buildings: Sometimes more art than science

One of the problems we wrestle with is how much to spend on improvements to a building where the impact on rents in unquantifiable. With most improvements, we have internal numbers we use to predict how much additional rent we’ll get. These internal numbers derive, in part, from so-called “natural experiments” we have conducted in the … Continue reading “Adding value to apartment buildings: Sometimes more art than science”