Property Management News

Development Gives Residents a Financial Stake

Residents are gaining more than a place to live at Arbor 515 in Salt Lake City. The new development—a conversion of a former office building—provides 96 affordable homes as well as a unique opportunity to earn equity. The majority of the building’s annual cash flow will go back to residents, and when Arbor 515 is refinanced or sold, residents will also receive meaningful direct payments based on how long they have lived in their apartments, according to developer Chris Parker, director of Perpetual Housing Fund (PHF). The nonprofit is piloting the Tenant Wealth Initiative (TWI) at the recently opened development. Residents have an option to enroll in TWI at no cost or requirements. To... Read more

KEY TAKEAWAYS Rental demand slowed in late 2025, with a record number of cost-burdened households. Asking rents have flattened or declined in most regions, especially...

Demand for multifamily units continues to grow. But at the same time, a growing number of renters are struggling to afford the monthly cost of these units. Apartment...

A New York appeals court struck down a state law banning discrimination against tenants who use Section 8 vouchers, ruling that the 2019 source-of-income protections...

Despite a recent softening in rents for new leases and a cooling construction pipeline, rental housing in the US remains unaffordable for households across the income...

Multifamily Utilities Shrink Rent Share

KEY TAKEAWYS Utility costs fell from 11–12% of multifamily rent in the mid-2000s to 8.8% by 2020. US shale boom and lower natural gas prices reduced utility bills. Energy-efficient new construction and Sun Belt migration also contributed. Utility Costs Trend Down According to Chandan Economics, multifamily renters are paying a smaller share of their rent on utilities than they did in the 2000s. Data from the American Community Survey show tenant-paid utilities made up as much as 11.6% of gross rent in 2006 but dropped to 8.8% by 2020 before a recent minor uptick. Paying Too Much For Insurance? Get a FREE quote to insure your rental properties for less. GET A FREE... Read more

KEY TAKEAWAYS Atlanta remains a highly localized rental market, with over 77% of searches staying within the metro area, signaling strong regional retention. New York,...

Across the United States, the gap between the cheapest and most expensive cities in a single state has become a defining feature of the rental landscape, not an...

Even New York City’s affordable housing is getting too expensive for many low-income tenants, leading to a spike in eviction filings, a new report...

The U.S. rental market has officially tipped in favor of tenants and turned renter-friendly as the vacancy rate has climbed to 7.6% across the 50 largest...