Apartment Trends Magazine May 2016 | Page 33

MAINTENANCE Mike DeViney | shaker painting Colorful ways to gain advantage in a competitive market A booming economy, world class outdoor activities, and ample sunshine are bringing a steady influx of new residents to the greater Denver Metro area. Developers have been quick to respond to this demand building new complexes around the city, and many properties have gone through with unkept landscaping, dingy lighting, faded or cracking paint, outdated color schemes, old fixtures and worn carpeting. The major areas in a community to give a once over and make sure they are up to task and convey the right visual message to current and future tenants. To further enhance your property and truly redefine, revive and transform it, it is also valuable to look at color. There is plenty of research that goes into what types of color palettes attracts Millennials, Gen-X-or-Y, Baby Boomers or The Great Generation. And color palettes evolve yearly based on certain zeitgeists influencing public consciousness. “To further enhance your property and truly redefine, revive and transform it, it is valuable to look at color.” major remodels. Prospective quality residents have more options than ever before. Thus, this is not the time to be complacent, but rather a good time to step up the game of your property. This is where the investment in some maintenance and cosmetic enhancements can make a big difference. The look and feel of a property not only leaves an intellectual impact but an emotional one as well – it just feels good. There is both an aesthetic pleasure and a feeling of safety. These good feeling about a space are greatly diminished www.aamdhq.org There are lots of ways to keep up on the trends of how color choices are evolving to speak to the times. Once example is looking at the leading paint companies. For example, Sherwin-Williams leads the conversation for ColorMix 2016 along with the ASID (American Society of Interior Designers). They presented four color forecasts, with the first one being called Pure Vida, which is the application of warm grays that border on khaki and turn into blushed neutrals. In this palette the colors remind us to live well, be well, and stay well are vital to creating spaces to unplug. They represent natural materials, honed and sheer of ancient alabaster and marble hues and reflect new therapies draw us to the colors of nomadic sand baths and holistic massage rooms. The other three colors palettes of 2016 speak to other cultural nuances. Dashing greens and cheeky pinks with a flower power that’s as crisply modern as it is soulfully vintage acknowledge multifamily living is back, and this palette connects across generations. Olive and denim, dusky wools, and brass buttons glinting in the sunlight make us think rugged determination. The future keeps arriving, in icy blues, shimmering pewter, sophisticated plums, and other mesmerizing hues in stunning gloss finishes. So when it comes time to paint, it may be helpful to consider how various color palettes can be applied most effectively to your property. A “new look and feel” can go a long way to give you the competitive advantage in an every increasing competitive market, with no forecast of slowing down anytime soon. Mike DeViney is the Vice President at Shaker Painting. MAY 2016 • TRENDS | 31