Property Management News
Landlords would need to give a month’s notice before filing evictions in public housing or certain subsidized units under a new federal rule. A new Biden administration rule would require landlords of federally subsidized housing to give tenants notice before taking action to evict them over missed rent payments. Under the proposed rule, landlords who accept certain subsidies would need to provide written notice at least 30 days before filing an eviction in court. The new requirement from the US Department of Housing and Urban Development would apply to public housing agencies as well as owners of properties that participate in federal rental assistance programs, shoring up protections... Read more
The Los Angeles City Council on Tuesday approved a law that will require hosts of short-term rentals, including Airbnbs, and hotels to obtain a police permit. City...
Legally converting the home and the other living unit(s) to a two-unit or three-unit condo, for example, is now on the table. California has reinstated a law that allows...
The Federal Housing Finance Agency (FHFA) set its 2024 combined volume cap for Fannie Mae and Freddie Mac loan purchases at $140 billion, about a 7% decrease from...
Wages are finally outperforming rents and by a wide margin. The trend is expected to continue in the immediate future, according to Jay Parsons, Chief Economist of...
In the last three years, multifamily construction has reached levels not seen since the 1980s, supported, in part, by the U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA) loans. If you are exploring the acquisition, refinancing, rehabilitation, or new construction of conventional multifamily, affordable housing, seniors housing, or a healthcare facility, consider FHA multifamily construction loans, a stable financing option with excellent terms and many other attractive advantages. What are FHA Multifamily Construction Loans? FHA multifamily construction loans, a type of government-insured financing for residential properties with five or... Read more
Fannie Mae has launched a new financing program to support the creation and preservation of workforce housing for middle-income renters. The agency created the new...
New York’s rent stabilization laws, amended in 2019, are arguably the most stringent in the country. Challenges to New York’s rent regulations are not new, and come...
Depending on who you talk to (or where you get your information), multifamily is either a strong sector that’s going gangbusters or a sector that maturing loans...
In the ever-evolving world of real estate investment, one question that often looms large is whether it’s a prudent move to invest when interest rates are riding...
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