Multifamily Goes to the Dogs

Twenty-five percent of AMLI Residential's DFW residents are dog owners, EVP Taylor Bowen said at this morning's fifth annual Bisnow DFW Multifamily Summit. That's changing the way local developers design their projects. (Using paint that smells like snausages?)

Here's IPA Texas director Drew Kile, Milestone Apartments REIT COO Steve Lamberti, Behringer CIO of multifamily funds Bob Poynter, Embrey EVP John Kirk, and Taylor. Drew says that people are willing to pay extra for their pets; he jokes you can get rid of playgrounds on multifamily properties and put in dog parks instead. (Kids don't need playgrounds anymore, they have iPads.)

But maybe he's not far off—Steve knows one developer who built a pet daycare in his complex and charges $22/day to walk and feed the dogs. It's been an amazing success. If you weren't one of the more than 400 people in this crowd, you can check out full coverage from our event on Monday.

Continue reading this story with a free account

Log in or register
Related Topics: Bob Poynter, Drew Kile
Sign up for more articles like this
Subscribe to Bisnow's Dallas-Fort Worth Newsletters
Related Stories

Ramrock Real Estate To Redevelop Fort Worth's Ridgmar Mall Into Logistics Campus

ICE Pivot From Warehouse Plan Funnels Cash To Private Prison Owners

Blackstone Vice Chairman Tom Nides On Leadership And The Future Of CRE

Orders To Vacate On The Rise, Leaving Tenants With No Home, No Timeline

Development Team Behind Hotel Drover To Bring $160M Luxury Resort To Fort Worth Stockyards

Fannie Mae Latest Lender Suing Alan Stalcup To Collect 'Bad Boy' Guarantee

California Real Estate Exec Charged In Child-Safety Sting

CRE Leaders Stress Importance Of Adaptability As DFW Continues To Grow

Chicago's Apartment Pipeline Is Slowing, But This Lender Bets On Rehab Instead

Post Brothers Looks To Sell 2 Philly Apartment Buildings

Tarrant County's Growth Is Making The Fort Worth Area Of The Metro More Attractive To Investors

Pablo Castro's Lawyers Quit HueHub Suit, Citing 'Irreconcilable Differences'