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As the leaves change and the year winds down, there’s no better time to refresh your resume. Fall is more than pumpkin spice and cozy sweaters; it’s also hiring season across many industries. Companies are finalizing budgets, preparing for year-end, and planning for 2026, which means new opportunities are opening up. Whether you’re actively looking or just getting prepared, a few simple updates can boo-st  your resume and help you stand out in a competitive job market. Resume Updates 🍁 1. Start with Seasonal Housekeeping Think of your resume like your home. You wouldn’t decorate for fall without a little cleanup first! Begin by removing outdated roles, irrelevant details, or redundant bullet points. Replace older job experiences (typically those beyond 10–15 years) with more recent, results-driven examples. Tip:  Use action verbs like led, implemented, managed, streamlined,  or supported  to make your achievements pop. 🧹 2. Update Your Skills for Today’s Market The world of work evolves fast, and hiring managers are looking for candidates who keep up. Add any new tools, software, or certifications you’ve learned this year, especially if they are in demand for your industry. For example, highlight technology platforms or maintenance certifications you’ve completed (like HVAC, EPA, or BGSF's maintenance training program ). Pro Tip:  Sprinkle in a mix of technical  and soft skills —leadership, adaptability, and communication are as important as software proficiency. 🕸️ 3. Add Quantifiable Achievements Instead of listing tasks, focus on measurable results. Employers want to see impact , not just activity. Numbers give your work credibility and make your contributions stand out. “Increased lease renewals by 15% in one quarter.” “Reduced vendor costs by $25K annually.” “Processed 300+ invoices monthly with 99% accuracy.” These details show value, accountability, and initiative. Qualities that every employer wants on their team. 👻 4. Refresh Your Design and Keywords Modern resumes balance clarity and creativity. Use a clean, professional format with consistent spacing and readable fonts. If your resume hasn’t been updated visually in a few years, consider giving it a quick facelift. Also, tailor your resume to each job by using keywords from the job description. Many companies use applicant tracking systems (ATS), and matching key terms increases your chances of being noticed. 🕯️ 5. Don’t Forget Your Online Presence Your resume might be polished, but does your LinkedIn profile match? Make sure your job titles, experience, and skills are consistent across platforms. Add a professional headshot, update your headline to reflect your current goals, and post occasionally about your professional interests to show engagement. 🍂 Fall into Your Next Opportunity with BGSF If you’re looking to take your career to the next level or find the right role that fits your skills, BGSF can help. Our recruiters specialize in matching talented professionals with top opportunities in Multifamily and Commercial Real Estate Property Management. Whether you’re seeking a temporary role to gain experience or a permanent position to grow your career, we’ve got you covered. Let’s make this your season to boo-st  your career! Find a new role today.

The U.S. is in the midst of a demographic shift that is rewriting the playbook for housing. As Baby Boomers age and life expectancies increase, demand for senior housing, including independent living, assisted living, and memory care, is surging. At the same time, supply in many markets is struggling to keep up. Amid this rapidly evolving landscape, property management teams are increasingly under pressure, and staffing has become as essential as bricks and mortar. In this post, we’ll explore what’s driving demand in senior housing, the challenges that operators face, especially around staffing, and how BGSF’s property management support can help operators respond effectively. Why Senior Housing Demand is Soaring Some of the key forces fueling demand: Demographics : The aging of the Baby Boomer generation  is pushing up the number of older adults seeking housing designed for their needs. Alongside that, people are living longer and often prefer environments that provide services, accessibility, and community. Occupancy and absorption rates rising : Senior housing occupancy rates are high and rising , particularly in independent living and active adult communities. In many secondary markets, occupancy is now in the high-80s to low-90s percent. Supply shortages and affordability constraints : Although demand is increasing, the pace of development has slowed , particularly for senior housing that is affordable for lower or middle-income seniors. This mismatch leads to long waitlists and intense competition for available units. Investor interest : The sector is attracting capital  as investors see senior housing as a growth area with resilient demand. Transaction volume has increased, property sales have picked up, and many are bullish on the long-term outlook. The Staffing Challenge in Senior Housing With rising demand comes complexity, and staffing is front and center. Key staffing-related difficulties include: Recruiting and retaining staff : There’s intense competition for senior housing staff, including operational and property support personnel. With labor markets tight, turnover is high . Rising wage costs : To attract and keep good staff, many operators have had to raise wages or enhance benefits . These labor costs can outpace revenue growth, especially in communities unable to pass on cost increases to residents. Regulatory and care complexity : As residents are entering senior housing with more complex needs, the staffing model must adjust. Changes in regulatory oversight and higher facility expectations from residents and their families all add to operational complexity . How Property Management Support Becomes a Differentiator Effective property management is ultimately about people: staff, residents, and stakeholders. Great staffing support can make the difference between a safe senior living community that thrives and one that struggles. Here are areas where strong staffing and property management support bring returns: Consistency of service : With well-staffed, trained teams, communities can deliver reliable service (e.g., administration, maintenance, etc.), which helps build reputation, resident satisfaction, and retention.  Regulatory compliance and safety : Staffing levels and training directly impact safety, compliance with health and care standards, and risk management.  Cost control : While labor is one of the largest line items in senior housing, staffing inefficiencies (turnover, overtime, unfilled shifts) can drive up costs significantly. Proper staffing can reduce those inefficiencies.  Flexibility in staffing models : Having access to temp, temp-to-hire, or direct hire staffing allows operators to scale and adapt in response to peaks (e.g., seasonal volume or outbreaks), changes in resident mix, or regulatory demands.  Recruitment & retention strategies : Strong property management teams invest in staff training, support, and career pathways. This helps reduce turnover and associated costs. Also, competitive compensation and non-wage benefits become increasingly important.  BGSF’s Role: How Staffing Support Helps Senior Housing Operators BGSF provides property management solutions that map closely to the pain points in senior housing. Here’s how their model can support operators and communities: Talent Sourcing Across the Spectrum: BGSF offers temporary, temp-to-hire, and direct-hire placements. This flexibility means a senior housing operator can quickly fill crucial roles (administration, leasing, maintenance) as needed without always committing to long-term hires immediately. Large Network & Geographic Reach: With a presence in many markets, BGSF’s network allows operators to tap into regional labor pools. This is especially helpful in markets where labor is especially constrained or when looking for specialized skills. It also helps standardize hiring practices and training across properties. Scalable Staffing Solutions: For operators expanding their portfolios or developing new senior housing properties, BGSF’s scalable model helps manage staffing ramp-up, seasonal or temporary surges, or fluctuations due to regulatory demand changes. Reduced Administrative Burden: Handling recruiting, screening, and administrative HR work is time-intensive. BGSF’s solutions aim to reduce the burden on in-house administrators, letting management teams focus more on resident care, operations, compliance, and community building. Quality & Training Support: Ensuring that staff are not only available but also properly trained is vital in senior housing. BGSF’s scale and experience allow them to help ensure that candidates meet needed qualifications, background checks, compliance, and that they are onboarded efficiently. The Road Ahead Looking forward, here are some trends and considerations: Regulation and standards tightening : As demand rises, expectations from regulators, families, and residents for safety, staff-to-resident ratios, and quality will increase.  Technology augmentation : Tools to support staff will become more central, which may help reduce some staffing strain but will also require staff who are tech-literate.  Rising costs and affordability pressure : With seniors often on fixed or limited incomes, operators must balance offering quality services with affordability. Staffing costs are at the heart of this balancing act.  People Power Senior Housing The demand for senior housing is real and growing, driven by demographic trends, increasing occupancy, and, in many markets, constrained supply. But having the physical space doesn’t solve every problem. The key differentiator is people: the staff who provide operational support and management. Staffing is not a side issue; it’s fundamental to safe, quality, profitable senior housing. That’s why the ability to scale staffing, to maintain quality and retention, and to respond flexibly to changing care and regulatory needs are central to successful senior housing operations. Partners like BGSF offer operators tangible tools to meet these challenges: faster hiring, flexible staffing models, access to talent, administrative relief, and more. For operators willing to be strategic about staffing, senior housing represents not just a growth opportunity, but a meaningful opportunity to improve the quality of life for older adults. Contact us today!

As 2025 comes to a close, organizations across industries are turning to one of their most valuable strategic tools: financial data. The lessons hidden in your 2025 numbers can shape a stronger, more agile 2026. From shifting consumer demand to rising operational costs and AI-driven automation, financial insights are the key to planning smarter, executing faster, and adapting with confidence. 2026 Financial Planning 1. Reflect on 2025 Performance: What the Data Reveals Start by identifying trends in your 2025 financial statements. Look beyond profit and loss to uncover patterns in: Revenue streams: Which products, services, or departments performed best—and why?  Expense categories: Where did costs rise unexpectedly? Are there recurring inefficiencies?  Cash flow timing: Did revenue cycles align with projections, or were there seasonal shortfalls?  Comparing these numbers across quarters can highlight operational gaps and help teams make data-backed adjustments before the new year begins. 2. Turn Variances into Insights Budget variances are clues for your business. A deeper variance analysis can uncover underlying issues such as supply chain disruptions, labor shortages, or outdated technology. For example, if overtime expenses spiked in Q3, that may point to gaps in workforce planning. If marketing spend exceeded ROI expectations, it’s time to reallocate those dollars strategically for 2026. 3. Use Predictive Analytics for Smarter Forecasting Modern finance teams are moving from hindsight to foresight through predictive analytics. By integrating historical data with AI and machine learning tools, organizations can forecast revenue, model potential risks, and simulate “what-if” scenarios. This allows leaders to plan with precision, testing how inflation, interest rates, or staffing changes might impact profitability before they occur. 4. Prioritize Agility Over Perfection 2025 reminded us that agility often beats precision. The most successful organizations were those that could pivot quickly, adapting budgets, staffing, and project priorities in real time. In 2026, build flexible financial models that can adjust to changing market conditions. Shorter forecasting cycles, rolling budgets, and scenario planning can all help your organization stay responsive. 5. Invest in the Right Talent and Technology Financial insights are only as good as the people and systems interpreting them. Many teams are supplementing internal talent with external consulting and staffing support to analyze data, streamline processes, and implement new technology. Partnering with specialized finance and accounting professionals ensures your organization not only gathers data but also uses it efficiently to make confident, future-focused decisions. Turning 2025 Lessons into 2026 Success The numbers from 2025 tell a story. Will you read it closely enough to write a better one in 2026? By blending data-driven insights with adaptable strategies, your organization can move beyond traditional forecasting and into continuous financial improvement, year after year. At BGSF, our experienced finance and accounting consultants help organizations interpret their data, strengthen forecasting models, and build smarter budgets for the future. Whether you need project-based analysis or external staffing support, our experts are ready to help you make 2026 your strongest year yet. Contact us today.

In today’s evolving job market, temporary roles are not just a short-term solution; they can serve as a stepping stone to long-term career opportunities. Whether you're an employee looking for growth or an employer seeking to build a pipeline of skilled talent, understanding how to transition seasonal or temporary roles into permanent positions is key to success. The Rise of Temporary Work Temporary work has seen significant growth in recent years . Companies leverage temporary staff to manage seasonal demands, special projects, or gaps in full-time staffing. For workers, these roles provide flexibility, exposure to different industries, and opportunities to build skills quickly. What was once seen as a “stopgap” has become a legitimate pathway to full-time employment. Benefits for Employees Temporary positions offer employees a unique chance to showcase their skills and work ethic. Here’s how seasonal workers can set themselves up for long-term success: Demonstrate Reliability and Adaptability: Being dependable, punctual, and adaptable in a temporary role shows employers that you’re capable of handling responsibilities beyond the short-term assignment. Network and Build Relationships: Temporary roles allow you to meet colleagues, supervisors, and managers. These relationships often lead to mentorship, guidance, and even full-time job offers. Acquire New Skills: Temporary assignments often provide opportunities to develop specialized skills, learn new technologies, and gain cross-functional experience—valuable assets when applying for permanent roles. Benefits for Employers For businesses, temporary workers can be a low-risk way to evaluate potential full-time hires: Talent Pipeline Development : Employers can observe performance, cultural fit, and team dynamics before making a permanent offer.  Reduced Recruitment Risk : Hiring a temporary worker allows companies to test skills and reliability without the long-term commitment up front.  Retention of Proven Talent : High-performing temporary staff often become loyal full-time employees, reducing turnover and training costs.  Strategies for Turning Temporary Roles Into Full-Time Careers For employees and employers alike, intentional planning is key: Set Clear Expectations Early: Employees should communicate their interest in full-time opportunities, while employers should outline potential pathways for conversion. Engage in Continuous Learning: Temporary staff who actively seek professional development, certifications , or skill-building opportunities demonstrate initiative and value. Seek Feedback and Act on It: Constructive feedback allows temporary employees to refine their performance and align with the company’s expectations. Show Initiative Beyond the Role: Going above and beyond assigned tasks signals commitment, leadership potential, and long-term vision. BGSF’s Role in Career Transitions At BGSF, we specialize in connecting temporary talent with companies looking for long-term success. Our staffing solutions not only help businesses fill critical gaps but also provide career-minded employees with pathways to permanent roles. From multifamily properties to CRE, our approach ensures that temporary assignments are stepping stones, not dead ends. Temporary Work, Long-Time Impact Temporary work doesn’t have to be temporary in impact. With the right mindset, dedication, and support from staffing partners like BGSF, seasonal roles can transform into rewarding full-time careers. For employees, it’s a chance to grow, learn, and secure long-term stability. For employers, it’s an opportunity to cultivate proven talent that aligns with organizational goals. Start viewing temporary assignments not as a stopgap, but as a launchpad for lasting success!

As we navigate the evolving landscape of 2025, the commercial real estate (CRE) sector is witnessing a significant transformation. The traditional model of expansive office spaces is giving way to a more strategic approach, emphasizing quality over sheer quantity.  This shift is largely driven by the widespread adoption of hybrid work models, prompting companies to reassess their real estate needs and prioritize spaces that align with their evolving operational strategies. The Flight to Quality In major markets like Manhattan, there's a noticeable preference for premium office spaces. Trophy assets are experiencing occupancy rates exceeding 90% , indicating that tenants are willing to invest in high-quality, well-located properties. This trend is not just about aesthetics; it's about creating environments that foster collaboration, innovation, and employee well-being. For instance, companies are opting for modern buildings that offer state-of-the-art amenities, even if it means occupying smaller square footage. This approach allows businesses to provide their teams with superior facilities while optimizing operational costs. Economic Pressures on Property Values Despite the demand for quality spaces, the broader CRE market faces challenges. High labor and material costs, rising capitalization rates, and increased insurance premiums are affecting both new developments and renovations. Notably, property values for even high-profile buildings have seen significant devaluations: Silicon Valley Tech Center : $121M (down from $357M in 2021) – a 65% decrease.  200 S Wacker, Chicago : $68M (down from $214M in 2013) – a 70% decrease.  303 E Wacker, Chicago : $63M (down from $182M in 2018) – a 65% decrease.  These declines highlight the pressure on property values, even for well-known assets, underscoring the importance of strategic investment in quality locations. Strategic Shifts in CRE The CRE sector is transitioning from a phase of uncertainty to one of strategic planning. Companies are focusing on developing real estate strategies that align with the evolving needs of the hybrid workforce. This includes investing in flexible, high-quality spaces that support both in-office and remote work arrangements. As businesses continue to adapt, the emphasis on quality over quantity in office space is expected to persist, shaping the future of commercial real estate in 2025 and beyond. Empowering the Hybrid Workplace with Strategic Staffing Solutions In this dynamic environment, having the right talent is crucial. BGSF offers tailored workforce solutions to meet the evolving needs of the commercial real estate sector. Whether you're looking for experienced property managers, building engineers, or administrative support, BGSF connects you with the talent that aligns with your operational goals. This strategic approach to staffing ensures that businesses can maintain high-quality operations while adapting to the changing demands of the hybrid work model. Quality Over Quantity The shift from quantity to quality in office space is more than a trend; it's a strategic response to the evolving needs of the modern workforce. By prioritizing high-quality, flexible spaces and aligning staffing solutions accordingly, businesses can create environments that foster productivity, innovation, and employee satisfaction. As we move to the conclusion of 2025 and into 2026, this approach will continue to define the commercial real estate landscape.

The workforce is undergoing a seismic shift. Traditional 9-to-5, full-time models are no longer the default. Instead, organizations are embracing a dynamic blend of full-time employees, contract professionals, and automation  to meet evolving business needs. Finding the right mix can be tricky, but doing so successfully builds resilience, agility, and innovation into the heart of operations. The Future of the Workforce Full-Time Employees: The Foundation of Stability Full-time team members remain the cornerstone of most organizations. They carry institutional knowledge, help shape culture, and often serve as the long-term leaders driving strategic initiatives. For businesses, investing in these roles creates continuity and a sense of belonging that strengthens engagement and retention. Contract Professionals: The Agility Factor As markets shift and projects ebb and flow, contract workers bring a level of flexibility that full-time roles can’t always match. From IT specialists managing system upgrades to property managers stepping in during peak leasing seasons, contingent professionals allow organizations to scale quickly, tap niche expertise, and remain nimble in uncertain times. Automation: The Efficiency Multiplier Although still in their infancy of development, AI and automation are already reshaping workflows for many industries. Repetitive, rules-based tasks like payroll processing, reporting, or even routine maintenance diagnostics can be automated, freeing up human talent for higher-value activities. While there is still skepticism and fear surrounding it, automation isn’t about replacing people; it’s about augmenting the workforce so employees and contractors alike can focus on problem-solving, creativity, and customer service. Finding the Right Mix There’s no universal formula for the modern workforce. The ideal balance of full-time employees, contract professionals, and automation depends on the unique rhythm of each business. The key lies in aligning your talent strategy with your organization’s goals, growth stage, and market realities. Industry demands:  Manufacturing and healthcare may lean heavily on automation for precision and efficiency, while consulting and technology services require more human-driven expertise. Project lifecycles:  Long-term initiatives benefit from the consistency and institutional knowledge of full-time staff, while short-term or specialized projects thrive with the adaptability of contract talent. Business goals:  Companies focused on rapid scalability often pair automation with contingent labor, while stability-driven organizations prioritize full-time growth to strengthen culture and continuity. By strategically blending these elements, leaders can build a workforce that’s not only cost-effective but also capable of evolving alongside the business landscape. The Future is Balance The future of work isn’t about choosing between people and technology. It’s about integrating both in smarter, more strategic ways. Organizations that master this balance will gain a competitive edge through agility, innovation, and resilience. As the workforce continues to evolve, those who remain flexible and reassess their talent mix regularly will be best positioned to thrive in an ever-changing economy. At BGSF, we understand the evolving workforce landscape. We help organizations strike the right balance by providing access to skilled full-time hires, specialized contract professionals, and technology-driven solutions that optimize operations. Whether your business is seeking long-term stability, short-term flexibility, or efficiency through automation, we’ll partner with you to design a workforce model that meets today’s needs and tomorrow’s challenges. Contact us today!

Today’s renters are seeking more than just a place to live. They want an experience. That’s why concierge services are quickly becoming a hallmark of high-demand multifamily communities. No longer limited to luxury properties, concierge offerings are expanding across the multifamily sector as property managers recognize their value in attracting and retaining residents. Why Concierge Services Matter Concierge services create a lifestyle upgrade, bridging the gap between basic apartment amenities and a truly personalized living experience. From greeting residents and managing deliveries to assisting with reservations, transportation, or even pet care coordination, concierges play a vital role in making a community feel like home. For residents, this means: Convenience:  Package management, maintenance scheduling, and local recommendations handled on their behalf.  Security:  A reliable presence in the lobby, monitoring guests and deliveries.  Personalized Support:  Someone who knows their preferences and can anticipate needs.  For property owners and managers, concierge services provide: Differentiation:  A competitive edge in a crowded rental market.  Retention:  Increased resident satisfaction translates into higher renewal rates.  Community Building:  A welcoming presence that fosters connection and engagement.  Expanding Beyond Luxury While concierge services were once synonymous with high-rise, high-rent properties, they are now making their way into mid-market and even suburban communities. With renters increasingly valuing convenience and service, properties that offer concierge amenities stand out regardless of price point. This expansion is also driven by the rise of hybrid and remote work. Residents who spend more time at home want services that simplify their daily lives, from managing food deliveries to coordinating dry cleaning pickup, without leaving the community. Staffing for Concierge Excellence A concierge desk is only as strong as the people who staff it. The role requires a unique mix of hospitality, organizational, and interpersonal skills. Property managers need team members who can serve as the face of the community, handling everything from resident requests to unexpected issues with professionalism and warmth. That’s where BGSF  comes in. Our property management staffing solutions ensure that communities are supported with reliable, skilled professionals who understand both resident service and operational needs. Whether you need temporary coverage, long-term concierge staffing, or external staffing support to scale your team, BGSF helps you deliver a seamless resident experience. The Multifamily Experience Concierge services are no longer an optional luxury for higher-end communities; they’re an essential part of the multifamily experience. By investing in concierge support, property managers can create a community that stands out, enhances resident satisfaction, and drives long-term retention. And with the right staffing partner like BGSF, you’ll have the people and resources to make it all happen. Learn more here!

According to PwC's 2025 Global AI Jobs Barometer , industries most exposed to AI have seen a fourfold increase in productivity growth, from 7% between 2018 and 2022 to 27% between 2018 and 2024. This surge underscores AI's transformative potential; not just as a tool for efficiency but as a catalyst for enterprise-wide growth. To fully capitalize on these gains, PwC recommends five strategic actions for businesses. Enhance AI Productivity 1. Drive Enterprise-Wide Transformation with AI AI should be integrated across all facets of the organization, from operations and customer service to strategy and decision-making. This holistic approach enables businesses to unlock synergies and achieve greater efficiency. For instance, during mergers and acquisitions, AI-driven solutions can streamline integration processes, leading to faster realization of deal value and improved operational efficiency. In property management, AI-driven platforms can centralize tenant communications, streamline maintenance requests, and automate leasing processes. This reduces administrative burden, speeds up response times, and enhances the resident experience, ultimately improving retention and revenue. 2. Treat AI as a Growth Strategy, Not Just an Efficiency Tool While AI can enhance productivity, its true value lies in its ability to drive innovation and open new revenue streams. By leveraging AI to develop new products, services, or business models, companies can position themselves for long-term growth. In industries most exposed to AI, revenue per employee has grown three times faster than in less exposed sectors, highlighting AI's role in driving business expansion. In real estate, AI-powered analytics can uncover market trends that guide smarter investment strategies or identify underperforming assets for repositioning. Property managers using predictive AI tools to forecast occupancy trends and rental pricing are already seeing higher NOI (Net Operating Income) compared to peers relying on traditional methods. 3. Prioritize Agentic AI to Unlock Deeper Capabilities Agentic AI refers to intelligent agents that can autonomously perform tasks, analyze data, and generate insights. Implementing Agentic AI can enhance decision-making processes, improve strategic planning, and identify new business opportunities. For example, AI-driven software can create unified data platforms, improving procurement and cost management during M&A integrations. For property management teams, agentic AI can unify disparate data sources, from energy usage to lease expirations, into a single platform. This creates more accurate forecasting for expenses and capital improvements while optimizing procurement during portfolio expansions or acquisitions. 4. Equip Your Workforce with AI Skills As AI continues to evolve, the demand for AI-skilled workers is increasing. In 2024, jobs requiring AI skills saw an average wage premium of 56% , double the 25% from the previous year. To maintain a competitive edge, businesses must invest in upskilling their employees to ensure they can effectively leverage AI technologies. For real estate and property management, this means training staff not only on AI-enabled leasing and maintenance tools but also on how to interpret predictive analytics and apply insights to day-to-day operations. An AI-literate workforce can maximize technology adoption and improve portfolio performance. 5. Build Trust to Unlock AI’s Transformative Potential Trust is foundational to the successful adoption of AI. Businesses must ensure transparency, fairness, and accountability in their AI systems to gain stakeholder confidence. Implementing ethical AI practices and adhering to regulatory standards can help build and maintain this trust. This is especially important in property management when using AI to screen residents or set rental pricing. Transparent algorithms and clear communication can reduce bias, avoid reputational risk, and build stronger tenant relationships. Harnessing AI AI is now a present reality, reshaping industries at an unprecedented pace. The data is clear: companies that embrace AI holistically, treat it as a growth driver, and invest in both people and technology are outpacing their peers in productivity, profitability, and innovation. But success will not come from deploying AI in isolated use cases; it requires a coordinated, enterprise-wide strategy rooted in trust, ethics, and workforce enablement. The next wave of business leaders will be defined by their ability to align AI with organizational vision, integrate it into decision-making, and scale it responsibly. Those who move boldly today will not only capture efficiency gains but also build entirely new avenues of growth for tomorrow. The question is no longer if  businesses should adopt AI—it’s how fast they can move  to harness its transformative power.

After years of volatility in the multifamily housing market, 2025 is shaping up to be a year of stabilization , and perhaps even a turning point. Recent data shows that occupancy rates are climbing again, fueled by a combination of rising absorption and slowing supply. For property owners, investors, and managers, this shift could have major implications for rents, concessions, and long-term strategy. Supply and Demand Absorption on the Rise In recent quarters, absorption—the measure of how many units are being rented—has strengthened across nearly every price class. Even Class D apartments, which struggled during the post-pandemic downturn, are now seeing notable demand. Strong labor markets and steady wage growth have played a key role in driving leasing activity, helping renters regain confidence after several years of uncertainty. This resurgence in absorption indicates that renters are returning to the market in force. Whether due to household formation, migration trends, or improved affordability compared to homeownership, more households are choosing rental housing as their primary option. Supply Is Tapering Off At the same time, the surge of new construction that characterized the last few years is finally easing. Developers have pulled back in response to higher financing costs, tighter lending conditions, and more cautious investor sentiment. While completions remain elevated in some metro areas, the national pipeline is slowing, a trend that is expected to continue into 2026. The combination of stronger absorption and decelerating supply means more competition for available units, particularly in markets where deliveries are falling off sharply. Occupancy Rates Are Climbing With demand strengthening and supply moderating, occupancy rates are moving upward across much of the country. After dipping during the heavy supply wave of 2023–2024, national occupancy is now regaining ground. For landlords and operators, this marks a meaningful shift: less pressure from vacant units, more pricing power, and a stronger foundation for long-term revenue growth. Implications for the Multifamily Market Rent Growth Potential: As occupancy rates climb, landlords may find new opportunities to raise rents. While rent growth is unlikely to mirror the double-digit increases of 2021, modest but steady gains could return, particularly in markets where supply is tightening fastest. Concession Strategies Will Shift: During the height of new supply, concessions such as free rent and move-in bonuses became common tools to attract residents. In higher-occupancy environments, many landlords may scale back these incentives, focusing instead on long-term lease retention and resident satisfaction. Landlord and Investor Strategies: For owners, the turning point signals a need to reassess forecasting and capital planning. Stronger occupancy may justify rent adjustments, investment in property upgrades, or more selective leasing strategies. For investors, rising occupancy provides a signal that the sector is stabilizing, potentially reigniting interest in acquisitions and development once financing conditions improve. Looking Ahead The multifamily sector is cyclical, and shifts in occupancy often serve as an early indicator of broader market changes. If current absorption and supply trends continue, 2025 could mark the beginning of a new phase, defined less by oversupply and vacancy challenges and more by measured rent growth and healthier fundamentals. For landlords and investors, the message is clear: monitor occupancy closely. It may be the best signal yet that the multifamily market is turning a corner. How BGSF Can Help As the market shifts, having the right team in place is essential. BGSF provides skilled leasing professionals, maintenance technicians, and experienced on-site support to help you maintain high occupancy, reduce turnover, and deliver the resident experience that drives long-term success. Whether you need short-term coverage or long-term staffing solutions, our experts can help you stay ahead of market changes. Contact us today!

As the year winds down, many businesses are focused on closing the books, preparing for audits, and setting financial goals for the year ahead. But one area that deserves special attention during this time is cash flow optimization . Whether you’re a startup, a mid-sized organization, or a large enterprise, healthy cash flow ensures stability, flexibility, and confidence moving into the new year. Why Cash Flow Matters Most at Year-End Year-end often brings unique financial pressures: bonus payouts, holiday expenses, increased receivables, and preparation for tax season. Without a strong handle on cash flow, businesses risk shortfalls that can limit growth opportunities or even disrupt daily operations. Proactively managing cash flow during this critical period helps organizations: Cover expenses without dipping into emergency reserves. Reduce debt and avoid unnecessary financing costs. Position for strategic investments in the new year. Maintain financial agility amid economic uncertainty. Practical Tips to Optimize Cash Flow 1. Accelerate Receivables Encourage faster payments by offering small discounts for early settlements, sending invoices promptly, and leveraging automated reminders. Digital payment tools can also streamline the process and shorten collection cycles. 2. Revisit Payables Strategy Take advantage of vendor payment terms without straining relationships. If possible, negotiate extended terms or staggered payments to better align with your revenue flow. 3. Manage Inventory Wisely Excess inventory ties up capital. Conduct a year-end inventory audit to identify slow-moving products, optimize ordering, and reduce carrying costs. 4. Cut Non-Essential Expenses Audit subscriptions, services, and overhead costs. Eliminating underused resources, even temporarily, can free up working capital for more pressing needs. 5. Forecast and Stress-Test Scenarios Prepare cash flow forecasts that factor in best-case, worst-case, and likely scenarios. This ensures you’re ready to adjust quickly if revenue dips or expenses rise unexpectedly. 6. Leverage Tax Planning Strategic timing of expenses and deductions can improve liquidity. Work with your accounting team to ensure you’re taking advantage of year-end tax benefits without compromising cash flow. 7. Consider Temporary or Project-Based Support Bringing in consultants or short-term staff during year-end close can streamline operations without the long-term commitment of full-time hires, optimizing labor costs while ensuring deadlines are met. Setting the Stage for 2026 Optimizing cash flow before year-end is about building resilience for the year ahead . Businesses that manage their working capital effectively can reduce stress, take advantage of new opportunities, and start the year positioned for growth. At BGSF, we help businesses of all sizes prepare for these transitions by providing finance and accounting consultants, project-based staffing, and external staffing support  to ensure smoother year-end reconciliations and stronger cash flow management strategies. Contact us today!

Commercial Real Estate (CRE) is evolving at a rapid pace. From shifting tenant expectations to the rise of smart building technology, today’s property management teams are tasked with balancing efficiency, profitability, and tenant satisfaction. While digital tools and automation play a growing role, one factor remains irreplaceable: the people behind the properties. At the heart of successful CRE property management are skilled property administrators, maintenance teams, and facilities professionals. Their expertise, responsiveness, and customer-first approach drive tenant retention, boost net operating income (NOI) , and protect the long-term value of assets. The Human Side of CRE Skilled Property Administrators: The Tenant Relationship Builders Administrators are often the first point of contact for tenants and prospects. Skilled property administrators: Understand market trends and can position properties competitively. Build trust with tenants, ensuring smooth lease negotiations and renewals. Act as brand ambassadors, creating a positive first impression that sets the tone for the tenant experience. In today’s competitive CRE market, tenant experience is a differentiator . Property Administrators with strong communication and relationship skills make all the difference in attracting and retaining quality tenants. Maintenance Teams: Protecting Property Value and Tenant Satisfaction Few things impact tenant satisfaction more directly than the condition of a property. Responsive and skilled maintenance teams: Handle issues quickly, reducing downtime for tenants. Perform preventative maintenance that protects the property and reduces long-term costs. Create a safe, functional environment that supports tenant productivity. When maintenance teams are under-resourced, small problems can escalate into costly issues, from equipment failures to tenant dissatisfaction. Investing in skilled maintenance professionals is an investment in asset value and NOI. Facilities Professionals: The Operational Backbone Facilities teams are responsible for ensuring day-to-day operations run seamlessly. They manage building systems, vendor relationships, safety protocols, and sustainability initiatives. A strong facilities team can: Optimize energy usage and reduce operating expenses. Ensure compliance with safety and regulatory standards. Provide stability during times of transition or disruption. With ESG and sustainability taking center stage in CRE, facilities professionals also play a critical role in meeting green building standards and reporting requirements. Why the Human Side Matters More Than Ever Technology has transformed property management, streamlining processes and improving efficiency, but it can never replace the intuition, communication, and adaptability that skilled teams bring to the table. People foster tenant loyalty in ways that apps and automation simply cannot, while also tackling complex, human-driven challenges with speed and effectiveness. They provide the trust and personalization that build lasting relationships and drive long-term success. In today’s increasingly competitive CRE landscape, organizations that prioritize investing in strong, skilled teams will be the ones best positioned to thrive. At BGSF, we understand that people are the key to successful property management . We provide skilled administrators, maintenance technicians, and facilities professionals who integrate seamlessly with your operations. Whether you need temporary staff to cover peak periods, specialized experts for complex projects, or long-term team members to drive growth, BGSF delivers the right talent at the right time. Because at the end of the day, buildings don’t run themselves — people do.

Multifamily housing remains a focal point in U.S. real estate, characterized by strong demand, shifting supply, and evolving resident expectations, which create both opportunities and challenges for property managers. As we move through fall 2025, here are the key trends to watch, along with takeaways for property managers who want to stay ahead of the curve. Multifamily Market Trends 1. Supply Slowdown + Regional Variation After a surge in construction during 2023–early 2025, new completions are expected to taper off significantly. The decline is especially noticeable in markets that had high levels of overbuilding—many in the Sun Belt and Mountain West . Meanwhile, markets in the Northeast, Midwest, and secondary/tertiary metros may benefit: less supply, more room for rent growth . Implication for Property Managers : Stay intensely aware of local supply pipelines. If new deliveries in your market are slowing, that could give you more leverage in rent and lease strategies. Conversely, in “hot” supply markets, expect more competition and possibly greater concessions or incentives to maintain occupancy. 2. Demand Remains Resilient Despite Economic Headwinds Absorption (net units leased) remains surprisingly strong. One report notes over 794,000 units absorbed  in the year ending Q2 2025. Occupancy rates have increased in many markets , even those experiencing downward pressure on rents. The gap between owning a home and renting it has widened, supporting rental demand. Implication for Property Managers : High demand gives managers room to focus on retention. With renters needing value, enhancing resident experience (amenities, service, responsiveness) could be more important than pushing for aggressive rent hikes that might lead to churn. 3. Muted Rent Growth & Rising Vacancy Pressure in Some Markets National rent growth has been modest and, in some markets, flat to slight declines. Vacancy rates are expected to creep up , especially where supply has outpaced demand. In high-supply Sun Belt metros, some rent cuts or concessions are appearing. Implication for Property Managers : Flexibility is key. Consider offering concessions or incentives when appropriate, but also explore non-rent revenue (amenities, services). Also, be ready to adjust marketing and leasing strategies seasonally—fall might bring lower demand, so leaning into renewals or lease extensions could help. 4. Elevated Costs, Regulatory Risks, & Operational Pressures Interest rates remain elevated and volatile , which squeezes financing costs and can dampen property valuations. Operating expenses —insurance, labor, maintenance, property management—are growing. There is increasing regulatory scrutiny around rent-setting, analysis tools (algorithmic pricing), resident protections, and disclosures. Implication for Property Managers : Tight cost control is going to matter more than ever. Audit your operating expense lines; look for efficiencies (Proptech, process improvements). Also, ensure compliance with evolving regulations; missteps here can be expensive. Transparent lease terms, clear ancillary fees, and fair renewal policies are likely to be under more scrutiny. 5. PropTech & Resident Experience: Not Optional, but Differentiated Technology is increasingly a differentiator, not just a “nice to have.” Features like smart access/intercoms, improved package & delivery systems, and remote touring are becoming baseline expectations in many markets . Residents are more focused on sustainability, wellness, and lifestyle amenities —energy efficiency, green spaces, and low environmental impact features. Implication for Property Managers : Investing in tech that enhances convenience and safety can help with both leasing velocity and retention. However, prioritize those with measurable ROI—either through savings (reduced labor, reduced utility costs) or increased occupancy/rent premiums. Don’t overinvest in features that don’t align with what your resident base values. 6. Strategic Leasing, Renewals & Pricing in the Coming Fall With rising vacancy pressure in some markets and competition elsewhere, fall 2025 may favor property managers who lean into renewal leasing, retention strategies, and smart pricing rather than attempting to chase maximum rents. Concessions may once again become tools to balance occupancy and revenue, especially as move-ins slow with cooler weather. Implication for Property Managers : Audit your current lease expirations and renewal rates. Where possible, offer renewal incentives (perhaps making minor upgrades or lease perks) to keep good residents. Monitor competitive set pricing & concessions closely. If you’re lagging, adjust. If you’re ahead, ensure you’re not leaving money on the table. Use dynamic pricing tools (if legal/allowed) but maintain transparency to stay on the right side of regulatory risks. Balancing Risks and Opportunities This Season As Fall 2025 ushers in a period of transition for the multifamily market, property managers who stay ahead of the curve will be best positioned for success. Those who closely track local supply trends, remain agile in controlling costs, make smart investments in resident-focused improvements, and prioritize retention over constant turnover will gain a competitive edge. At the same time, staying proactive with regulation and compliance will help avoid costly surprises. In a market where demand is strong but pricing power remains uneven, these strategies will define the leaders of the next phase. Navigating today’s multifamily market requires more than just strategy—it takes the right people in the right roles. From leasing agents and maintenance technicians to facilities professionals, BGSF provides the skilled staffing support  property managers need to meet shifting demand, enhance resident experience, and maintain operational efficiency. Whether you’re facing seasonal workforce gaps, preparing for increased turnover, or implementing new technology, our team is ready to help you stay competitive and deliver exceptional results. Contact us today!