Property Management News
Changes to California law (specifically, Cal. Civ. Code Section 1950.5(g)-(h)) effective this year will obligate residential landlords to photographically document the condition of rental units at the outset and conclusion of tenancies. Residential landlords desiring to preserve their right to deduct the costs of repairs and cleanings from their tenants’ security deposits must document the condition of a rental unit by taking photographs of the rental unit at the following times: Starting April 1 of this year, photographs must be taken both: (1) after regaining possession from a tenant but before making repairs or cleanings they will deduct from or claim against the tenant’s security... Read more
AAOA is thrilled to introduce its partnership with Synergetic Communication Inc. (“Syncom”) to enhance Debt Collection Recovery Services for our valued...
Key Takeaways Seattle ranks last among 100 major US cities for average size of new apartments, at just 649SF, down from 706 ten years ago. Developers are prioritizing...
KEY POINTS More renters are choosing to stay in their apartments when their leases are up. Typically, about half of apartment renters in large urban markets move when...
Following January’s historic fires in and around LA, the state’s insurance commissioner Tuesday granted State Farm’s request for rate hikes that will...
The prospective renter journey is evolving. According to Willow Bridge’s 2025 Renter Insights report: 46% of renters considered just 3-4 communities in their search. 40% signed a lease within one month of starting their search. Renters are making faster decisions while considering fewer options. That means the competition for attention is getting heavier. That should raise alarms for every apartment operator—let’s break it down. Renters Are Considering Fewer Communities Ever heard this saying? “If your website isn’t listed on the first page of Google, it might as well not exist.” This same analogy now applies to apartments. Willow Bridge’s survey... Read more
When recession fears rise, budget cuts often follow—and education directors are being asked to make hard choices. Training programs frequently top the list of cuts,...
Amenities are often what separates good multifamily buildings from great ones. In competitive markets things like pools, gyms, clubhouses, and office centers can be what...
Kenneth Mattson, the former CEO of LeFever Mattson, is charged with defrauding approximately 200 investors by selling fake ownership stakes into apartment properties...
High vacancy rates in multifamily properties can seriously hurt financing options. For real estate investors, vacancy rates are more than just numbers—they directly...
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