Property Management News
Investors, property owners, and developers that are involved in affordable housing were doubtless glad to hear of the Department of Housing and Urban Development’s changes in underwriting requirements — specifically, debt service coverage ratios (DSCR) and loan-to-value or loan-to-cost (LTV/LTC) ratios. Under the Multifamily Accelerated Processing Guide, “maximum loan amounts are the lesser of: a) the requested mortgage amount, b) the amount allowed by statutory limits, c) the amount supportable by applicable debt service coverage ratios, or d) the amount supportable by the applicable loan ratios.” According to estimates by the National Low Income Housing Coalition,... Read more
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)...
For renters looking for the most bang for their buck in the rental market, it might pay to go small. While December 2024 rents were down overall in units of all sizes,...
In recent years, tiny homes have become a popular alternative to the traditionally large American-style home and a viable way to provide shelter within a small space....
Renters need to earn $63,680 to afford the median asking rent for a U.S. apartment—the lowest income required since early 2022. Texas metros Austin, Houston and...
National REITs like Avalon Bay Communities and local investor-operators have completed many ADU projects, are pleased with the results, and plan to keep building more. Changes in state law have made accessory dwelling units the fastest-growing sector of California’s housing market, and multifamily owners have embraced the trend. National REITs like Avalon Bay Communities and local investor-operators have completed many ADU projects, are pleased with the results, and plan to keep building more. Multifamily owners have turned carports, greenways, storage spaces, and laundry rooms into entry-level apartments, sometimes in less than a year from conception to completion. The ability to build... Read more
Finding affordable housing is a struggle for many Americans—including members of the military. Housing costs are the top factor contributing to financial stress for...
Gov. Gavin Newsom issued an executive order Friday prohibiting landlords in Los Angeles County from evicting tenants who open their doors to wildfire victims. “At a...
National REITs like Avalon Bay Communities and local investor-operators have completed many ADU projects, are pleased with the results, and plan to keep building...
ADUs (Accessory Dwelling Units) and tiny houses have become distinctive living solutions in compact living. Understanding these options’ differences is crucial for...
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