New technologies andcommunity gathering spaces are the necessities for apartmentbuildings today. Properties appropriately leveraging technology,including smart home features, and integrating community gatheringspaces and events, are seeing better tenant retention and fasterlease times.

“Today’s renters are demanding service-based amenities,”Max Sharkansky, managing partner at TrionProperties, tells GlobeSt.com. “In 2019 for example, oneemerging trend is the prioritization of health and wellnessamenities within communities. Residents have a choice in thecurrent market, and they will select communities with upgraded gymequipment, fitness classes with trainers, and otherwellness-focused offerings.”

The most in-demand services help to simplify residents’ lives.By delivering in-demand, service-based amenities, we are savingthem time and money, while simultaneously increasing the likelihoodthat they will renew their lease with us,” says Sharkansky.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.