Property Management News
Fannie Mae has launched a new financing program to support the creation and preservation of workforce housing for middle-income renters. The agency created the new Sponsor-Dedicated Workforce product in an effort to build and preserve workforce housing by incentivizing borrowers to place rent restrictions on properties for the life of the loan, according to a press release. The program will be offered to borrowers who agree to make at least 20% of units at a multifamily property affordable to households earning between 80% and 120% of the area median income. Compliance will be confirmed annually by Delegated Underwriting and Servicing lenders. Workforce housing continues to... Read more
In the vast landscape of real estate investing, few opportunities offer the potential for significant growth and long-term stability like multifamily properties. Buying...
Investing in real estate is a proven way to generate wealth. But with so many options – office buildings, retail spaces, industrial properties – why should you...
New York’s rent stabilization laws, amended in 2019, are arguably the most stringent in the country. Challenges to New York’s rent regulations are not new, and come...
Whether you’re a new landlord or a seasoned investor, understanding how much to charge for rent is a skill that can make or break your investment’s success. In this...
Boost resident satisfaction and retention, one email at a time. Communication ranks in the top 3 reasons residents renew their leases. What if a unified process could level up and automate your communication efforts? Why It Matters Unified Process Across Full Lifecycle: Streamline all resident communications, from welcome to renewal, with a single, unified process. Consistent Brand Voice: Maintain a consistent and authentic brand voice across all touchpoints to foster trust and recognition. Timely, Tailored Messages for Each Phase: Customize messaging at different stages of the resident journey to ensure residents feel valued and understood. Let’s dive deeper to explore how... Read more
There’s no way around it: Replacing a roof is expensive. The process usually takes a team of professionals (and yes, you should use professionals—more on that...
Depending on who you talk to (or where you get your information), multifamily is either a strong sector that’s going gangbusters or a sector that maturing loans...
Real estate investing can be an extremely profitable endeavor, yet one of the biggest obstacles for many hopeful investors is finding the capital to purchase property....
A truly great rent forecast solution takes all known data from the current rent roll and applies appropriate assumptions to implement an expected value algorithm for...
Accessibility