Property Management News
Iraj Shambayati, a prominent landlord with a portfolio of over 45 residential properties in Savannah, Georgia, has reached a settlement of $600,000 to resolve allegations of violating the Fair Housing Act (FHA). The settlement comes after accusations of sexual harassment and retaliation against female tenants spanning more than 15 years. Assistant Attorney General Kristen Clarke of the Justice Department’s Civil Rights Division emphasized the gravity of the situation, stating, “No female tenant should have to endure sexual harassment and abuse in the sanctity of her own home. This settlement should send a clear message to housing providers and property owners.” U.S. Attorney Jill E.... Read more
A San Francisco lawmaker introduced what’s believed to be first-in-the-nation legislation this month that would require California landlords to accept pets. The...
Imagine a world where property management runs like clockwork. No more late nights spent sifting through applications, chasing overdue rent, or fielding repetitive...
In the world of renting, getting rent on time is crucial for both landlords and tenants. Thanks to the convenience of the best online rent payment systems, tenants are...
From tenant retention to the streamlining of property management, one expert speaks about how AI is revolutionizing how owners and managers approach the multifamily...
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...
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