Property Management News
As a $2 trillion aid package races through Congress, two groups representing owners of apartment buildings praised the effort but said more help is urgently needed to stabilize housing and the economy thanks to the COVID-19 pandemic. The National Multifamily Housing Council and the National Apartment Association are calling for more “direct emergency rental assistance,” an eviction stay only for renters affected by the coronavirus crisis, and an expansion of mortgage forbearance to all types of mortgages, including on apartment buildings. As currently written, they said, the eviction moratorium “is already creating an expectation that unaffected renters do not have to meet their lease... Read more
The widespread economic disruption caused by the coronavirus outbreak could affect the availability of affordable housing across the U.S., according to a new report...
The real estate industry is being clobbered by the coronavirus, and it’s going to get worse before it gets better. The effects on real estate will vary by sector and...
While it is highly improbable that the coronavirus pandemic is to wield any direct structural impact to properties, the ongoing health crisis could affect the...
As more people are urged to stay home due to the coronavirus, many are still proving that they are interested in purchasing a home. Although many real estate companies...
The commercial real estate industry is bracing for disruption brought on by the coronavirus crisis, but a new survey by Institutional Property Advisors (IPA) suggests that the multifamily market may be a safe place to shelter during a time of turbulence. Nearly two-thirds of respondents to the survey said their firms expected only a slight decrease in multifamily rents over the next six months, while 17 percent foresee a significant drop. Almost 41 percent anticipate that vacancy rates will stay the same or decline. Source: IPA Research Services The survey, taken on the week of March 16, canvassed some of the largest multifamily owners and developers in the U.S., which collectively... Read more
Whether you hold an interest in an industrial, commercial, retail, residential asset class; whether you are an owner, buyer, seller, landlord and/or tenant, lender or...
What should you do to safeguard yourself and your employees during the crisis? It would seem a given that every person in the country is aware of what to do regarding...
AAOA is dedicated to bringing landlords, property managers, investors, and brokers the latest news on COVID-19 and the rental industry. On this page we’ll be...
Center for Disease Control & Prevention (CDC): How to Protect Yourself and What to Do if You Are...