3 key takeaways from Apartmentalize
National Apartment Association (NAA) President and CEO Bob Pinnegar has recapped his three major takeaways from the annual Apartmentalize conference:
- Navigating industry headwinds, such as the impacts of rising insurance premiums, higher taxes and increasing utility costs, specifically for electricity, heat, gas, sewer and water.
- Recruitment and retention of staff.
- Prioritizing mental health. During the conference, NAA released the results of its annual Mental and Emotional Health Survey. Notably, 40% of survey respondents—across all position types in the apartment industry—shared that they felt stressed about their workload, and the same number of respondents took time off in the past year to prioritize their mental well-being.
"The rental housing industry continues to face challenges and, in response, adapt with what is necessary in order to continue evolving," Pinnegar said. "As the industry’s premier event, Apartmentalize allowed individuals from every sector of the industry to network and collaborate on ways to meet these challenges head on. I left this year’s event with a renewed sense of optimism in the industry’s future, bolstered by the impressive sessions and conversations had throughout the week."