Property Management News
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 apartment management company sued for failing to fix leaks or prevent the growth of toxic mold which made the plaintiffs – a mother and her two children – chronically ill. The management company, court documents show, has asked the court to grant it a new... Read more
The growing trend of forever renters—those choosing to rent as a long-term, lifestyle-focused decision—is transforming residential design. Prioritizing flexibility...
The Justice Department has filed a lawsuit against Joseph E. Johnson the owner and operator of rental properties in Lexington, Kentucky, for engaging in sexual...
California is leading the way in housing innovation with the recent passage of SB 1211, a landmark bill that updates and enhances current accessory dwelling unit (ADU)...
Navigating the world of multifamily real estate requires more than just financial acumen and property management expertise. Successful investors understand the...
As renters across the nation navigate a competitive housing market, the rise of sophisticated rental scams is adding financial and emotional strain to an already challenging process. According to a new survey from Rently, 93% of renters believe scams are common, and 90% worry about falling victim themselves, fueling calls for industry-wide action. The 2024 Rently Survey: Rental Scams and Fraud Report was conducted by the third-party platform Pollfish. To uncover the scale and impact of rental fraud, Rently surveyed 500 U.S. renters aged 18+ who have rented an apartment, condo or house within the last five years and have either experienced or are aware of rental scams. The findings... Read more
Understanding multifamily real estate cycles involves analyzing economic trends, demographic shifts, location specifics, government policies, financing influences, and...
In property management, ensuring a safe and respectful living environment isn’t just about reacting to problems—it’s about preventing them before they arise....
Do you factor in competitors’ rents when setting yours? If so, it might be time to address your apartment community’s pricing strategy. That’s...
The Justice Department has filed a lawsuit against Joseph E. Johnson the owner and operator of rental properties in Lexington, Kentucky, for engaging in sexual...
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