Property Management News
Landlords across New York state will soon be required to notify tenants when bedbugs have infested their building. Gov. Kathy Hochul signed a bill on Friday that requires building owners and lessors to provide written notice soon after they’re informed of an infestation. But the Democratic governor signed the bill only after striking a deal with lawmakers to give landlords more time to provide notice. Now, notice has to go out within 72 hours — up from the original 24 hours. Written notice will only be required for tenants that are in close proximity to the infestation or who are otherwise at risk, according to the governor. Other tenants in the building can be notified by a publicly... Read more
Key Takeaways Portland, ME led the rankings as the most livable U.S. city, praised for its fitness culture, food scene, and balanced lifestyle. Lincoln, NE, and Des...
Multifamily demand expanded at the highest rate since 2021 during the third quarter of this year, with 176,000 units absorbed in an indication of a strong net change in...
On a national level, institutional home buyers—firms owning at least 1,000 homes—aren’t massive players yet. They only own around 1% of the U.S. single-family...
After a volatile period in commercial real estate, many multifamily borrowers that seek to increase the stability and profitability of their apartment buildings have a...
Rapid population growth and affordability are fueling some of the hottest markets investors need to keep an eye on in 2025. And Dallas, which saw the largest increase in population in 2023, according to the U.S. Census Bureau, is ripe as an investor’s market. Four other cities—including Miami; Houston; St. Petersburg-Tampa, FL; and Nashville, TN— ranked high in the Emerging Trends in Real Estate 2025 report from Price Waterhouse Coopers and the Urban Land Institute, which identified the five hot markets buyers and investors should watch in the coming year. The report looked at various factors, including the current local market, homebuilding and new construction prospects, and... Read more
Key Takeaways The IRS has updated its tax brackets, standard deduction, and other items for the 2025 tax year. Dollar values have been adjusted to reflect inflation,...
Before Jonathan Gould lost everything in Pride of Austin’s alleged Ponzi scheme, he thought he’d built a $1 million nest egg. Instead his money disappeared, along...
Rent costs have long weighed on lower-income households — now it’s coming for the middle class. Nearly 4 in 10 middle-class renter households are burdened by...
San Francisco and Philadelphia are leading the charge against rent-setting software, passing laws to regulate the use of algorithmic systems that leverage nonpublic...