Property Management News

How Multifamily Owners Can Address Military...

Finding affordable housing is a struggle for many Americans—including members of the military. Housing costs are the top factor contributing to financial stress for active-duty family respondents, according to the 2023 Military Family Lifestyle Survey. Plus, civilian housing isn’t always designed with military members in mind. Learn more about military members’ housing needs and how multifamily owners and operators can address them. “Members of the military face unique challenges, including frequent relocations and Basic Allowance for Housing (BAH) that can be slow to adjust for rising costs—especially in high-cost markets where rent exceeds BAH,” said Charlie Fenton,... Read more

Gov. Gavin Newsom issued an executive order Friday prohibiting landlords in Los Angeles County from evicting tenants who open their doors to wildfire victims. “At a...

The Fair Housing Act (FHA) requires property managers to provide reasonable accommodations for residents with disabilities to ensure equal access and enjoyment of their...

Los Angeles City Council members introduced a motion during a meeting Tuesday that would prevent landlords from raising rents or evicting people impacted by fires that...

A group of 15 leading multifamily firms and commercial real estate industry groups has quickly banded together to support residents and rebuild Los Angeles following the...

Protecting Against Residential Price Gouging...

As devastating wildfires displace thousands in Los Angeles County, Governor Newsom has declared a state of emergency. In the wake of this crisis, California’s price-gouging laws impose strict limits on rental price increases to prevent exploitation of displaced individuals. Key Protections for Renters Under California Penal Code section 396: Rent Increase Cap. Residential landlords may not raise rents by more than 10% unless the increase reflects verified additional costs or pre-existing contracts. New Rentals. Properties not rented or advertised before the emergency cannot exceed 160% of the U.S. Department of Housing and Urban Development’s (HUD) fair market rental determination... Read more

Effective January 1, 2025, NYC implemented the Fair Chance Housing Law, which requires a bifurcated screening process for applicants when the landlord wants to conduct a...

The New York City Council passed the FARE Act, shifting broker fees from renters to landlords. The law is expected to cut upfront moving costs on units that have fees...

Feeling the pinch of tax season? You’re not alone. For real estate investors, this time of year brings many financial matters to consider. Understanding the tax...

The Federal Housing Finance Agency announced higher caps for 2025 that allow the Enterprises to purchase up to $146 billion in multifamily loans and will continue to...