The "hotelification" of multifamily
Posted: 15 May 2019 11:16
We already saw what happened at the Statler Hilton when residents were kicked out for "repairs" and then saw entire floors converted into short-term rentals by Stay Alfred. If you go to their website you'll see they have similar units at LTV Tower, The Mayflower and the Miro.
Stay Alfred is different from Hello Alfred, which is a service that wants to manage your grocery shopping, cleaning, dog walking, laundry, etc., and they just signed a deal with Greystar (City Lights, Ascent, etc.) to take over building management of 450,000 units across their portfolio. I assume this means maintenance and maybe even security.
I think both Stay Alfred and Hello Alfred are examples of massive changes coming to the multifamily market.
The Hotelification of multifamily: Greystar partners with Hello Alfred
https://therealdeal.com/2019/05/15/the- ... lo-alfred/
Stay Alfred is different from Hello Alfred, which is a service that wants to manage your grocery shopping, cleaning, dog walking, laundry, etc., and they just signed a deal with Greystar (City Lights, Ascent, etc.) to take over building management of 450,000 units across their portfolio. I assume this means maintenance and maybe even security.
I think both Stay Alfred and Hello Alfred are examples of massive changes coming to the multifamily market.
The Hotelification of multifamily: Greystar partners with Hello Alfred
https://therealdeal.com/2019/05/15/the- ... lo-alfred/