THE APARTMENT INDUSTRY: IN SEARCH OF NEW TALENT 25 years of - - PowerPoint PPT Presentation

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the apartment industry in search of new talent
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THE APARTMENT INDUSTRY: IN SEARCH OF NEW TALENT 25 years of - - PowerPoint PPT Presentation

Dec 22, 2022 102 likes •363 views

THE APARTMENT INDUSTRY: IN SEARCH OF NEW TALENT 25 years of industry experience Georgias 2015 Certified Property Manager of the Year by the Institute of Real Estate Management (IREM) In 2013, Debbie was recognized as one of 75

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THE APARTMENT INDUSTRY: IN SEARCH OF NEW TALENT

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♦ 25 years of industry experience ♦ Georgia’s 2015 Certified Property Manager of the Year by the Institute

  • f Real Estate Management (IREM)

♦ In 2013, Debbie was recognized as one of 75 women changing the face of real estate.

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BY 2030

75%

OF U.S. HOUSEHOLDS WILL BE CHILDLESS AND RENTING WILL BE AN ATTRACTIVE OPTION

6MILLION

NEW RENTERS WILL ENTER THE MARKET

Source: NAAEI 2012

Population

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20%

OF THE 55+ AGE COHORT WILL NEED TO RENT IN THE NEXT DECADE BY 2020, GEN Y (1980-1990) WILL MAKE UP

42% OF THE WORKFORCE AND 88% PREFER LIVING IN

URBAN SETTINGS WITH SMALLER UNITS

Source: NAAEI 2012

Demographics

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Apartment Industry Statistics NATIONWIDE

36 Million

Apartment Residents

Atlanta Leads the Industry $1.3 Trillion

Economic Contribution

12.3 Million

Total Jobs Supported

Source : www.weareapartments.org NMHC 2015
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Georgia Specific Statistics

$15.2 Billion

Economic Contribution To Atlanta Metro

$20.6 Billion

Economic Contribution To Georgia

$10.9 Billion

Renter Spending In Atlanta Metro

209,200

Total Jobs Supported In Georgia

Source : www.weareapartments.org NMHC 2015
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vs.

TALENT SHORTAGE

INDUSTRY DEMAND

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SLIDE 9 Source: NAAEI 2012

Residential Property Management

Own, Build, Operate

Define Apartment Industry

It’s not about selling… Not a complex…

2013 Vendor/ Supplier

Support RPM

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SLIDE 10 Source: NAAEI 2012

80%

OF REPLACEMENT WORKERS COME FROM COMPETITION

40-50

YEAR OLDS

CURRENT AVERAGE AGE OF INDUSTRY EMPLOYEES

15-25K

QUALIFIED WORKERS NEEDED PER YEAR

Talent Shortage

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The Georgia Apartment Industry Education Foundation (GAIEF) has spent the last ten years developing programs to achieve the following objectives:

  • 1. Exposure: To create awareness for our industry and to

promote career opportunities.

  • 2. Recruitment: To actively attract qualified talent to our

industry.

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Our Goal

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WALTON COMMUNITIES

Privately Owned 22 locations 21 managers - all started as leasing agents Promote largely from within Employee Turnover is 12% Cares Team (food coop, single parent program, counseling, book club, cultural enrichment, counseling, kids club)

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WALTON COMMUNITIES

Walton Grove Training Center

  • Certifications
  • Aspire Program
  • Apprenticeship Program
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HMI PROPERTIES

Owned by John Inman, GAA President Simple Easy Living 100 units Sister properties – Dalton Stone Mountain College Park 94% leased 85% renewal

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POST ALEXANDER

Dave Stockert, President 56 properties Trademark = Landscape Employee turnover - 10% Great resident services Corporate Clients Charity – Post Hope Post sets industry standards 1995 – Public: 90% profits go back to investors

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REDI FLOORS

10 locations, mostly southeastern Largest warehouse in the nation Top seller $9M (industry = $2M)

PREMIER PLACEMENT

Apartment Industry Career Placement Interview 300 people per year

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FOR RENT MEDIA SOLUTIONS

Vendor for Apartment Industry 1st to Supply Related Information From Print to Digital Full Service Advertising Agency

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Mitch Harrison, First Communities Jamie Teabo, Post Alexander Properties Patrick Burke, Matrix Residential Melissa White, Perennial Properties Tasha Kline, Greystar Tavia McConnell, Perennial Properties GAIEF President - Debbie Phillips Jim Fowler, President Atlanta Apartment Association

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Highlights of Apartment Industry

 Unique Culture  Relationship Focus  Employee Engagement  Large Service Component  Training Opportunities Within Excellent

Compensation, Benefits & Bonus Potential

 Upward Mobility  300,000 Available jobs in Georgia

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Available Careers

In addition to vendors, suppliers, sales and marketing professionals!

Job Ratio: 2/100

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Desired Skill Set:

 Communication Skills are KEY (90%)  Critical Thinking  Problem Solvers  Leadership Skills  Soft Skills  Organized / Prioritize  Financial Literacy  Background Check  Conflict Resolution  Teamwork

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  • Judges for CTSOs
  • Career Expo/Day
  • Speakers
  • Industry Visits
  • Project Funding
  • Sponsorship
  • Purchase SBE Items
  • Soft Skills Initiative
  • Internships
  • Summer Jobs
  • Career Start

Opportunities for Partnership

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  • Winston Churchill

To every man there comes in his lifetime that special moment when he is figuratively tapped on the shoulder and offered that chance to do a very special thing, unique to him and his talents. What a tragedy if that moment finds him unprepared or unqualified for that work.

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THE APARTMENT INDUSTRY: READY TO PARTNER WITH US