Property Management News

California’s Statewide Rent Control Not...

Multifamily rent regulation has picked up steam across the country over the past few years, and the pandemic has expanded the public’s desire and political will for tenant protection. Multifamily owners have been vocal in their concern about the impact these policies will have on their business and their ability to build housing. A survey from the National Multifamily Housing Council from earlier this year found owners are actively avoiding markets with rent regulations or considering leaving markets that institute these rules. But in California, rent capping and rent control laws at the state and local levels haven’t made a big impact on multifamily lending, industry... Read more

If you are reading this article and wondering if this is really possible, let us settle the suspense once and for all: YES!!! With the real estate market slowly picking...

The MBA also shares that mortgage loan originations ended 2021 at record levels. The Mortgage Bankers Association (MBA) released its 2022 forecast for commercial...

A very tight supply of single-family home sales inventory will continue to drive pricing. While single-family home values are enjoying dizzying highs, experts aren’t...

You may think it is a great idea to help defray the costs of buying your own home by purchasing a two-family house or duplex and finding a renter to help you cover...

What to Know Before Pursuing a Change of Use

Zoning is the first consideration when an investor considers a change in property use. The pandemic disrupted real estate demand, creating ample opportunity for change-of-use redevelopment projects. Now, office spaces are becoming lab space to accommodate life science demand, extended-stay hotels are a starting point for apartment communities and big box retail can be transformed into warehouse and distribution facilities. While demand has been redistributed, achieving a change of use isn’t always easy. David Reina, a partner in Morris, Manning & Martin LLP’s hospitality practice, who has seen several hotel-to-multifamily conversions, says that zoning is the top consideration for... Read more

RealtyTrac reported tight inventory is the cause, with pricing discounts declining. Real estate investor purchases accounted for 16.4% of all home purchases nationally...

Real-estate transactions verified by the blockchain have emerged as an innovative necessity. Whether you’re in finance or any other industry, you’ve likely heard...

Bankers, advisers and analysts weigh in on the impact of the Fed’s planned hikes. Multifamily investors are bracing for an uptick in mortgage rates and other forms of...

With the demand side of the multifamily market still at staggering levels, only macroeconomic conditions seem to pose any risk to the sector in the near term. Most...