Property Management News
Kenneth Mattson, the former CEO of LeFever Mattson, is charged with defrauding approximately 200 investors by selling fake ownership stakes into apartment properties that he partially owned. The scheme lasted from 2007 to 2024 before ultimately unraveling after he failed to find new investors. “Mr. Mattson will now be held to account on charges of perpetrating a scheme that he kept afloat only by using new investors’ money to pay obligations to earlier investors — a classic Ponzi scheme,” acting U.S. Attorney Patrick Robbins said in a statement. Bisnow was unable to reach Mattson for comment early Friday. The indictment was filed under seal on May 13 in the San Francisco... Read more
When the Fair Housing Act (FHA) comes up, the conversation typically centers around leasing, advertising, or resident interactions. But an often-overlooked aspect is how...
The Oregon House has unanimously passed a bill to allow property owners and landlords to evict squatters after giving a 24-hour notice, according to katu.com news. The...
Are you wondering if you can use a 1031 exchange with foreign property? While a 1031 exchange is a powerful tool for deferring capital gains taxes, the rules around...
Crouching on the sidewalk in front of his apartment building in San Francisco’s Tenderloin neighborhood last Monday, Bradford Berger shuffled through legal papers in a...
What is AB 2747? AB 2747 is a California rent law designed to make Rent Reporting more accessible, helping Renters build credit while setting clear guidelines for Landlords. Rent is one of the largest recurring expenses for most people, yet it has historically not been reflected in credit scores. This law aims to change that by allowing Renters to strengthen their credit profiles through on-time rent payments. For Renters, this new California law presents an opportunity to improve their credit without taking on debt. A stronger credit score can lead to better financial opportunities, including easier approval for loans and rental applications. For Landlords, offering Rent... Read more
Technology has fundamentally reshaped the way property managers and their staff interact with residents. With new advancements in artificial intelligence (AI), many...
After analyzing nearly 5 million documents in 2024, Snappt, a leader in fraud detection for multifamily property management, found that 6.4% of rental applications were...
A trio of tenants who took their landlord to court to reclaim their apartment security deposits say they finally got their money back days after Gothamist reported on...
LAS VEGAS (KLAS) – A Clark County jury awarded a young family in Las Vegas $6.6 million in compensatory and punitive damages, sending an expensive message to the...
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