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Home · Property Management · Latest News · COVID-19

The coronavirus pandemic has many Americans rethinking the kind of lifestyle they want. Apartment living in central, densely populated urban areas is losing its appeal as residents are subject to building restrictions and risk coming into contact with people infected by the virus. Polling data suggests that nearly one-third of Americans are considering a move to…


A new survey of 25,000 apartment residents by Kingsley Associates and Apartments.com suggests that soliciting feedback is a good practice for property managers. Safety and communication have emerged as key concerns for multifamily residents as property managers grapple with coronavirus and its economic aftermath, according to new survey data released by Kingsley Associates and Apartments.com….


Many landlords draft up agreements and leave it in the hands of their lawyers to have the right clauses in the right places. Unfortunately, those landlords usually fail at learning what they can and can’t do according to national, state or regional regulations. The Fair Housing Act is an often quoted and highly misunderstood piece…


Affordable housing developers have had a hard time making the Opportunity Zones tax benefits work with low-income housing tax credits (LIHTCs)—and the Opportunity Zones program expires in 2026. Only a handful of affordable housing developers have managed to attract more investors and better tax credit pricing for projects in designated Opportunity Zones. “Some developers get…


We are living in unprecedented times. The coronavirus has seeped into nearly every aspect of our working and social lives; social distancing has become a watchword for American society. To protect ourselves, we’ve shut down our offices, closed down restaurants and limited our ventures outside to masked trips to the grocery store or local pharmacy….


In this uncertain time of the novel coronavirus, many renters, eager to change their living situations, may consider breaking their lease. Some may be interested in moving from their city apartments and to less populated areas, while others may find themselves suddenly unemployed and forced to look for cheaper housing options. But can you break…


With millions unemployed across the United States, both California and Nevada issued statewide eviction moratoriums at the end of March regardless of tenants’ ability to pay rent. But as the future remains murky amid the novel coronavirus pandemic, both renters and landlords are concerned about what will become of the overdue rent. For the last…


The National Association of Home Builders (NAHB) says its leading indicator for multifamily housing investment is showing waning confidence in that market for the months ahead. The trade group released on Thursday, May 21, the results of its Multifamily Market Survey (MMS) for the first quarter of 2020. The MMS was taken in early April, capturing the…


Three weeks into May, 90.8 percent of rental households have made full or partial rent payments, according to just-released data from the National Multifamily Housing Council. By comparison, by the same time last month, 89.2 percent of renters had made a payment, while 93 percent of rental households had made a payment through the same…


For developer Scott Gillen, the coronavirus pandemic is redefining what he sentimentally describes as “home is home.” A residence is no longer a place to simply “eat, shower and sleep” before venturing into a bustling world for school, work and social events, said Mr. Gillen, who owns development firm UnvarnishedCo based in Malibu, California. As…

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