Professional Publishing, Inc
August 2013 - Vol. 5 Issue 8
www.TheLandlordTimes.com
UTAH UTAH
SALT LAKE CITY • OGDEN • PROVO Official Publication of the
Utah's Leading Advocate for the Rental Housing Industry Ph: 888-244-0401 • www.uaahq.org
2013 UAA Economic Conference to be Held September 10th SALT LAKE CITY • OGDEN • PROVO
The 2013 UAA Economic Conference will be held on Tuesday, September 10th, at the Salt Lake Board of Realtors building located at 230 W Towne Ridge Dr. in Sandy from 9 AM to noon. Each year this conference features information on the state of the multifamily/real estate industry. Experts provide current data, projections and market trends to help attendees budget for the coming year and adjust to challenges and opportunities. This year the line-up features local favorite and director of the University of Utah Bureau of Economic and Business research at the U of U, James
UAA Annual Golf Tournament a Success The Utah Apartment Association’s annual Golf Tournament was held this year at Stone Bridge Golf Course. With gorgeous weather, a quiet course, and a delicious luncheon afterwards the day was a great opportunity for networking and building relationships. The 144 golfers took to the greens to meet with our 19 sponsor companies that were at each hole with treats, water, and other fun promotional products. The
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presenting sponsor was Utah Disaster Kleenup. Held each July at a different golf course, the Golf Tournament provides a good opportunity to renew and establish relationships between rental industry decision makers and service providers. In addition to the networking opportunities, players had the chance to battle it out for awards such as Straightest Drive, Continued on page 5
Current Resident or
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Wood. Mr. Wood is an expert on the real estate and housing markets and always provides substantive and relevant data about the economic conditions driving housing demand, renter statistics and trends, and the type and number of units available. Mr. Woods will speak from 9:10 -10 AM. During the 10 o’clock hour the focus will be on vacancy rates, new construction, projected rent increases, and the state of the supply and demand of local rental housing. Craig Burton with EquiMark residential, the largest multifamily real estate broker in Utah will present their semiContinued on page 3
UAA Launches Annual PAC Fundraising Drive The Utah Apartment Association announces its annual fall PAC (Political Action Committee) fundraising drive, which supports our government affairs efforts and advocacy. This year, our goal is to raise $70,000 between August 15th and December 31. Last year the UAA raised a total of $77,000. By year end our total goal is $85,000. “Our PAC goal is one of our most important objectives each year,” said Steve Randall, 2013 UAA President. “Those funds help us invest in relationships and crafting good public policy,” he said. The money helps fund our lobbyists, allow us to contribute to the campaigns of private property friendly elected officials and candidates and work to correct or improve certain laws. In the 2013 legislature, the UAA achieved one of our biggest victories to date - the time owners are required to hold abandoned property left behind by tenants was reduced from 30 days to 15. This is a significant cost savings for many owners, and will likely lead to units being off the market for shorter period which will lead to higher income for owners. In the next 120 days expect to be asked to contribute what you can to
protect and defend you industry. Many thanks to those of you who are regular contributors. The UAA suggests the following levels: Large Management Company or Attorney - $1,000 Apartment Community or small management company - $500 Individuals or company that own a good number of rental units - $250 Someone with around 10 units - $100 Anyone with one or two units - $50
Continued on page 3
IN THIS ISSUE: Executive Director's Report ................... Page 4 President's Message ................ Page 5 Products & Services Guide .................... Page 6