Property Management News

RENT IS DUE…WHAT DO WE DO?

Clearly the Coronavirus is having universal impact on every aspect of our society.  As the first of the month draws near and rent is due for most tenants, landlords throughout the country have been reaching out to the American Apartment Owners Association for consult.  Firstly, we advise all members to be patient, compassionate and cooperative with their tenants. We understand the stress of the moment and the economic pressures on everyone. Some practical solutions that have been shared include using a tenant's security deposit as an offset for some rent.  Sacrificing the security deposit may have different legal ramifications in different parts of the country, but in light of the... Read more

WASHINGTON--(BUSINESS WIRE)--Mar 22, 2020-- As the nation contends with the COVID-19 outbreak and millions are sheltering in place, having safe and secure housing...

As the coronavirus pandemic continues to shut down businesses, schools and institutions across the U.S., federal authorities are taking action to prevent residents from...

Property managers all over the U.S. are scrambling to deal with the evolving coronavirus outbreak, and how to protect both owners and tenants from the effects. From...

While retail and hospitality sectors are feeling the most pain from this pandemic, office building owners and users nationwide are taking precautions to stop the...

National Apartment Association Issues Guidance To...

The National Apartment Association is implementing protocols for property owners and managers to follow in response to the spread of the coronavirus. As cases of COVID-19 escalate in the United States and more cities declare a state of emergency, there is a growing concern for containment, not just in public spaces, but in homes — particularly in high-density apartment communities where the risk of spread could be greater. To stem the spread of the disease, the National Apartment Association has provided the following guidance for property managers: “If a resident is confirmed to have or is believed to have 2019-nCoV, do not direct facilities management or maintenance staff to... Read more

The Department of Housing and Urban Development, Fannie Mae and Freddie Mac have suspended evictions to curb the financial impact of coronavirus pandemic American...

To shoulder the temporarily new normal of isolation in the face of the current public health crisis, real estate brokers are relying heavily on technology more than ever...

Two months ago, Ruthy Raske signed a new lease at her Spring Branch-area apartment complex, upgrading from one-bedroom to two so her two young children could have their...

Retailers fear that temporary closures to slow the spread of COVID-19 might turn permanent, if a drop in sales mean they cannot pay their bills. Most national retailers...