Multifamily Housing Expert Jeff Herter Urges Communities to Focus on Long-Term Growth

Jeff Herter, a multifamily housing professional, emphasizes that sustainable neighborhood development comes from consistent, incremental improvements rather than quick fixes, urging communities to invest in local amenities and small businesses.

Bay Area Metrowire Staff
Real Estate
Multifamily Housing Expert Jeff Herter Urges Communities to Focus on Long-Term Growth

As debates over housing and community development intensify nationwide, multifamily housing professional Jeff Herter is urging local leaders, business owners, and residents to adopt a long-term perspective on neighborhood vitality. With over fifteen years of experience managing multifamily properties, Herter argues that thriving communities are not the product of a single transformative project, but rather the cumulative result of steady, deliberate efforts.

"People often look for one thing that will transform a neighborhood," Herter said. "In my experience, meaningful change usually comes from a series of smaller improvements that build on one another. It might be a local business opening its doors, a park being renovated, or homeowners investing in their properties. Those individual decisions create momentum."

This approach aligns with research from the National Association of Realtors, which finds that neighborhood quality, access to amenities, and nearby businesses are leading factors in residential choices. Communities that invest in walkability, public spaces, and local services often become more attractive to current and prospective residents alike.

Herter, who is the Principal of Providence Real Properties, LLC and based in Rye, New Hampshire, emphasizes that neighborhoods are defined by more than just buildings. "When I visit a community, I pay attention to more than the property itself," he said. "I notice whether local businesses are busy, whether people are spending time in parks, and whether residents seem connected to the neighborhood. Those are often signs that people believe in where they live."

He cautions against expecting immediate results from revitalization efforts. "There is a tendency to look for immediate results," Herter said. "But healthy communities usually develop over years, not months. Progress often comes from making thoughtful decisions consistently instead of trying to solve everything at once."

Population shifts, as reported by the U.S. Census Bureau, have amplified the need for neighborhoods that offer strong local amenities, safe public spaces, and opportunities for social connection. Herter believes every community already possesses strengths that can serve as a foundation for future growth. "I think one of the biggest mistakes people make is focusing only on what needs to be fixed," he said. "Every neighborhood has something worth building on. When communities recognize those strengths and continue investing in them, they create places where people want to stay."

Local businesses play a pivotal role in this process. "Small businesses are often among the first to demonstrate confidence in a community," Herter said. "When entrepreneurs choose to open a restaurant, a coffee shop, or another local business, they are making a long-term commitment to that neighborhood. Those investments help create places where people gather and build relationships."

Rather than measuring success by rapid change, Herter advocates for steady, sustainable progress. "The strongest neighborhoods I've visited weren't necessarily the newest or the most expensive," he said. "They were places where people cared about their community and continued making small improvements year after year. That's what creates lasting success."

Herter encourages residents to get involved by supporting local businesses, attending neighborhood events, volunteering with community organizations, and taking pride in their surroundings. He believes that long-term neighborhood growth is a collective endeavor, resulting from many individuals making positive contributions over time.

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