Property Management News
As economic woes continue to pummel the housing industry, one real estate developer is finding opportunities within a new market – the “forever renters.” Post Brothers CEO and co-founder Michael Pestronk joined “Varney & Co.” Friday to discuss the real estate opportunity brewing in urban areas as some Americans are opting to rent instead of buying a home. “The biggest issue, especially in large established metro areas, is a lack of product. There’s no such thing as a starter home in large [Metropolitan Statistical Areas] anymore. There’s no land available to build housing within commutable distances of jobs,” he... Read more
Advocacy groups for the multifamily industry view proposal unfavorably. The Federal Communications Commission wants apartment residents to have the right to choose their...
Ready to turn inquiries into signed leases with the power of chatbots? Dive in and discover how these intelligent assistants can transform your 2024 into a year of...
With transactions down and new developments largely put on the back burner for now, even the big names in multifamily are getting creative to keep busy and generate...
Accelerated demand for larger apartments falls off as everyone can get away from each other again. There was noted heavy demand for more space during the heights of the...
The Los Angeles County Board of Supervisors has unanimously voted to increase apartment inspections and withhold rent payments from negligent landlords, a vote that comes years after initial plans to overhaul enforcement of healthy housing standards were first introduced. The 5-0 vote Tuesday sets up a Rental Housing Habitability Program to inspect all apartments in unincorporated parts of L.A. County at least once every four years, a significant change from previous standards. Landlords who repeatedly fail to fix code violations could have their properties placed into a Rent Escrow Account Program until they make repairs. “Every county resident deserves to live in a habitable space,... Read more
When peak leasing season hits, property teams bring their A-game to fill vacancies fast and connect with an influx of leads. This calls for efficiency, high-quality...
“Fair chance” ordinance could fine landlords for discrimination based on a tenant’s record The Los Angeles City Council will consider whether to bar landlords from...
The real estate world is changing fast, and Artificial Intelligence (AI) is leading the charge, especially for those of us looking into passive investing. Gone are the...
Dubbed Mercedes-Benz Places, the 67-story mixed-use building in Brickell is slated to open in 2027. Two months after Mercedes-Benz unveiled its inaugural real estate...
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