Property Management News
When Aron Sotnikoff got a letter from an attorney seeking a payout for an apartment tenant who slipped and fell in standing water at one of his firm’s properties, he immediately checked the security footage to review the incident. Sotnikoff, the director of risk management for development and asset management firm Time Equities, was bewildered watching the tenant walk by a puddle, then walk back up a staircase before returning to walk straight through it. “This person didn’t even have the good sense to actually fall,” said Sotnikoff, who is in charge of acquiring the insurance for the company’s 43M SF of commercial real estate. “Did I miss something? Is this for... Read more
Inheriting a home can seem like a windfall—especially if it’s a beach house, a mountain cabin, or a tourist destination retreat. For a growing number of heirs, the...
The most lucrative multifamily deals aren’t won at the closing table; they’re captured in the first 48 hours of communication. If you’re waiting for a...
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...
Many of us use or work with rental housing in some way. Maybe you have been — or are currently — a renter. Or maybe you own a rental property, operate a property...
Every residential lease includes an implied warranty of habitability—even if the lease does not expressly mention it. This legal protection serves two core purposes: it ensures tenants have safe, livable housing conditions, and it clearly defines a landlord’s ongoing responsibilities. Under this standard, landlords must provide essential services, such as maintaining adequate heat and hot water, keeping common areas clean and secure, and making timely repairs when issues arise. They are also required to ensure that the property complies with applicable housing and building codes. If a landlord breaches this warranty and the apartment becomes uninhabitable, tenants may have the right... Read more
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...
At the federal level, landlords must comply with several key laws that protect tenants. These mainly address housing discrimination under the Fair Housing Act and...
The problem of unauthorized residents in a rental unit is one that every landlord will likely encounter at some point in their career. As housing pressures and economic...
A San Antonio real estate investor could face jail time for what federal prosecutors say was a $69.5M Ponzi scheme. Devin Ward Elder, who at one point owned a combined...
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