Property Management News
Read the full White House Press Release Here. The White House announced Wednesday it is taking strategic steps to protect renters, including setting up limits on egregious rate hikes. Critics, however, have called out the Biden administration's one-size-fits-all program that makes changes for renters at the expense of landlords. "We've seen it for so many years, and it's very frustrating," American Apartment Owners Association director Alexandra Alvarado said during Grady Trimble's report on "The Big Money Show" Wednesday. "[Mom-and-pop landlords] are not being treated differently, even though it affects them much more than it would affect... Read more
The L.A. City Council voted Friday to vastly expand tenant rights by approving a package of new protections meant to keep renters housed after pandemic-era...
L.A. County will extend its eviction protections for tenants affected by the COVID-19 pandemic by one month, following a vote Tuesday by the County’s Board of...
Designing residential amenities at a luxury building in Manhattan during the height of the pandemic was no easy task. Wealthier New Yorkers were leaving the city in...
The decision means that after Dec. 31, many renters in the nation’s largest county will no longer be protected from eviction if they cannot pay rent due to economic...
The few dozen steps spanning the length of a new studio unit at Domain Heights incorporate a veritable check, check, check of what developers have billed as the amenity-heavy future of apartment living. A hallway of entry doors inside the complex is sparkling new, featuring grayish paint and modern fixtures, though nothing out of the ordinary for a just-completed building. But visitors entering the front door of one of the studios are immediately hit with surprises: In addition to a bevy of post-pandemic features, units offer a several-step walk to a small, grassy private courtyard with a view of the surrounding colorful 100-year-old homes the Heights area is known... Read more
Freddie Mac surveyed urban renters to examine how the COVID-19 pandemic may have changed their perceptions about city living. Survey results showed that urban...
Rent control advocates say corporate homebuyers are driving up the costs of rentals, but that doesn't capture the whole picture of what's going on in the...
Landlords and renters stage street protests outside City Hall Landlords’ hopes were dashed when the Los Angeles City Council voted 11-1 to continue a declaration of...
Henry Manoucheri, the chief executive of Universe Holdings — a Century City based multifamily investment firm with 3,000 units in Southern California — estimates...