Property Management News
Newly completed apartments are accounting for most of the demand, leaving a more difficult leasing environment for many stabilized properties despite an improvement in the national vacancy rate. Four- and five-star communities absorbed more than 111,000 units in the second quarter or nearly 68% of total U.S. apartment absorption. Those properties are pulling renters into recently delivered inventory, but they also continue to carry a 10.2% overall vacancy rate—the highest among property-quality segments. The figures come from an analysis provided by CoStar and Apartments.com and authored by Grant Montgomery. Its central finding is that a declining headline vacancy rate is not... Read more
Your renewal conversation just got more dangerous. Not because tenants are leaving. Because they’re not. And that changes everything about how you should...
KEY TAKEAWAYS Households in expensive US metros may face decades-long waits before buying becomes more cost-effective than renting, per Zillow. Markets like San Jose...
After years of watching the coasts and the Sun Belt set the tone, the center of the rental map has moved to the Midwest and there’s a new name at the top of the list...
The U.S. apartment market is showing stronger signs of stabilization as rent declines moderate and vacancies retreat from record highs, according to the latest data...
October 1, 2026 marked a major change in how D.C. rental housing providers can charge for and regulate pets. Pet Deposits are capped, Pet Rent is limited, and breed, size, and weight-based restrictions are barred for covered leases. While the rules look straightforward on their face, squaring them with D.C.’s existing laws on rent control, utility fees, and security deposits is not. Why October 1? The Pets in Housing Amendment Act of 2024 became effective in March 2025, but a fiscal provision requiring pet-friendly homeless-shelter funding held up its implementation. The fiscal year 2027 budget legislation limits the funding condition to the still-unfunded pet-friendly shelter... Read more
Luxury is being judged before your leasing professional ever gets the chance to explain it. A prospect pulls into your property. She is not carrying a clipboard. She...
The multifamily industry has long operated under the assumption that turnover is largely inevitable. Residents relocate for jobs. They buy homes. Life circumstances...
National dog day shows there is a gap in the rental market when “pet-friendly” does not always mean what renters think when they visit an apartment complex. More...
Multifamily operators are under increased pressure to retain existing residents as inventory levels rise across major markets. With more units available, renters...
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