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Home · Articles posted by Tony Gibson

Social distancing is a term that all renters and landlords are getting familiar with in order to contain the spread of COVID-19. This novel approach to life has landlords and leasing agents reconsidering how to host apartment tours in the days ahead. Many landlords and agents are asking, “How can I showcase this vacant apartment…


Sean Wotherspoon spent Saturday night in his Los Angeles home, watching live as his businesses were destroyed. He watched as security-camera feeds showed people shattering the plate glass windows of his Round Two store on Melrose Avenue and walking out with more than $250,000 worth of high-end street wear. He saw them make off with…


The National Association of Home Builders (NAHB) says its leading indicator for multifamily housing investment is showing waning confidence in that market for the months ahead. The trade group released on Thursday, May 21, the results of its Multifamily Market Survey (MMS) for the first quarter of 2020. The MMS was taken in early April, capturing the…


The Shelter-in-Place orders issued by various state and local jurisdictions are being modified to allow businesses, other than just “Essential Businesses,” to open and operate. Although commercial office buildings have been allowed to remain open to serve Essential Businesses and to allow their tenants to perform “Essential Activities,” the coming expansion of allowed businesses is…


With concern about covid-19 and cleanliness of rental property, tenants’ privacy may become an issue for some landlords. By Holly Welles Most state laws grant landlords the right to enter their tenants’ homes under specific circumstances. However, they must still meet certain legal requirements, such as giving enough notice beforehand. Moreover, renters have a right…


There has been a surge of renter households in the US. As a result, the economic shock waves set off by the coronavirus pandemic will reverberate not only for tenants but the owners of those properties as well. Whether you are an accidental landlord that has enjoyed income from your old primary residence or are depending on…


Key insights: Long-term stay hotels have been the least impacted by the pandemic, though Airbnb was planning the change before Covid-19. Airbnb has plenty of assets to help shift its business. For a brand that started out renting air mattresses, Airbnb’s business has grown substantially. It’s best known for its accommodation listings, ranging from an…


State and local governments have closed businesses across the country in response to COVID-19, putting millions of Americans out of work. Right now, those Americans’ biggest concerns are keeping a roof over their heads and feeding their families. Against that backdrop of economic anxiety, Sen. Barnie Sanders (I-Vt.) tweeted, “It is time to #CancelRent and #CancelMortgages until this…


Even though 80.2% of renter households paid rent fully or partially in the first week of May, according to the National Multifamily Housing Council, pressure is starting to simmer for tenants as well as landlords already struggling to cover their expenses due to the financial repercussions of the pandemic. “I think there are stressors that are…


Businesses across the country, in a wide array of industries, were faced with monumental challenges from the novel coronavirus pandemic. Particularly in New York, the real estate industry saw unique hurdles, as in-person property showings and closings were prohibited, construction stopped and property managers had to work to reduce the spread of a deadly virus, all while the…

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