Property Management News
In multifamily property management, achieving success isn’t just about the numbers—occupancy rates, net operating income, or returns to ownership. Success is ultimately measured by one critical factor: tenant satisfaction. Without happy, engaged residents, even the most beautifully maintained properties can struggle. This is why property managers must prioritize their tenants’ needs above all else, even when balancing the demands of ownership. Why Tenants Should Be Your Top Priority In multifamily real estate, tenants are the backbone of the property. They are the lifeblood of your business—without them, there’s no income. While maintaining a building and keeping it... Read more
A trio of tenants who took their landlord to court to reclaim their apartment security deposits say they finally got their money back days after Gothamist reported on...
Multifamily applicant fraud is becoming a widespread challenge for the industry as fraudsters become more inventive, according to the State of Applicant Fraud Report...
Vacancy rates across the state are showing improvement, particularly in San Francisco, which reflects California’s housing shortage. Demand also remains strong, and...
Renovating a multifamily property can significantly enhance its value, attract higher-paying tenants, and improve tenant satisfaction—but it’s not without...
The growing trend of forever renters—those choosing to rent as a long-term, lifestyle-focused decision—is transforming residential design. Prioritizing flexibility and convenience over homeownership, these residents seek properties that meet their evolving needs as their lifestyle changes. In response, designers are curating programming and amenities that support diverse lifestyles, including: Livability: With many residents starting or growing families, they’re looking for spaces that can evolve with them—leading to a wider variety of unit sizes, including larger apartments with multiple bedrooms. Transformative (Day to Night) Amenities: These areas are designed for versatility... Read more
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...
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