Property Management News
As the new year begins, property management professionals have the opportunity to reflect on foundational practices that ensure both compliance and operational excellence. Among these, few aspects are as critical as robust fair housing policies, well-defined procedures, and professional written communication. These elements not only safeguard against legal risks but also foster trust and professionalism in interactions with residents, prospects, and team members. This article explores the essential role of policies and written responses, offering a timely reminder to recalibrate for the year ahead. The Importance of Fair Housing Policies and Procedures Fair housing policies and procedures... Read more
Los Angeles City Council members introduced a motion during a meeting Tuesday that would prevent landlords from raising rents or evicting people impacted by fires that...
Even though the peak leasing season is winding down, there’s still a steady stream of renters looking for a new place. People move for various reasons throughout...
The number of renter households grew 2.7% in the third quarter of 2024, the second biggest year-over-year gain since 2015. The number of homeowner households grew...
Regarding fire safety, properly operating smoke detectors is one of the most essential tools for alerting property owners and firefighters of dangerous home and...
A group of 15 leading multifamily firms and commercial real estate industry groups has quickly banded together to support residents and rebuild Los Angeles following the wildfires that struck the city the week of Jan. 7, 2025. The LA Wildfires CRE Pledge for Action is a grassroots initiative focused on meeting the immediate needs of people in affected communities across Southern California and creating a foundation for longer-term restoration. A central focus of the initiative is to fight price gouging by apartment owners, a priority championed by the California Apartment Association (CAA). With tens of thousands of LA residents displaced following the fires in the Pacific Palisades,... Read more
As devastating wildfires displace thousands in Los Angeles County, Governor Newsom has declared a state of emergency. In the wake of this crisis, California’s...
As Southern California faces one of its most devastating fire seasons in recent history, the rental housing market in Los Angeles has seen troubling trends. Thousands of...
More than four of every five U.S. residents (82%) believe there should be caps on the amount landlords are allowed to increase rent, according to a...
We’ve all done it before: we’ve found an item in a store, brought it to the register, and asked customer service to hold it so no one else can snag it while we shop....
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