Manager turnover has never been more pronounced in the apartment industry as the past 18 months as many professionals have faced increased workload with little to no appreciation, a lack of hazard pay or overall compensation and a deluge of communication from the corporate office.
This has had a negative impact on revenue at communities of all types and in most parts of the country.
The average tenure of today's apartment community manager stands at 19.2 months, according to research by J Turner Research and presented at the second annual J Turner Research Summit in Scottsdale, Ariz.
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