Property Management News
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 2,500 apartment units, flex industrial buildings and thousands of acres in Texas, has pleaded guilty to one federal count of wire fraud for bilking more than 300 investors. Federal prosecutors accused Elder and his investment firm, DJE Texas Management Group, of funneling investor dollars from newer investments to make interest payments on other investments. Elder, who pleaded guilty on Tuesday in the U.S. District Court for the Western District of Texas, could face up to 20 years in prison, according to a press... Read more
KEY TAKEAWAYS Multifamily fraud investigations at Fannie Mae dropped to 12 in 2025, down from 193 in 2024. The agency confirmed 87 fraud cases in 2024 but saw none in a...
In property management, strong customer service is often praised as the key to successful leasing and resident retention. Leasing professionals are encouraged to be...
Most operators are underestimating how much fraud is getting through their current screening process, even if they think they’ve “tightened things...
The National Fair Housing Alliance (NFHA) is the nation’s largest nonprofit fair housing organization, leading investigations, enforcement, advocacy, and research to...
A new survey finds rent control has negative impact on housing supply reported around the country as apartment leaders pull back from rent-controlled markets, according to the National Multifamily Housing Association (NMHC). For years the NMHC has provided a quarterly snapshot of the apartment market, including trends in sales, equity financing and debt financing. For the first time in the first survey of 2026, NMHC included a special question examining the impact of rent control regulation. NMHC compared this year’s results to those of the January 2022 survey. The comparison shows that over the last four years: The share of respondents who said they have cut back on... Read more
The natural instinct for any good property manager is to double-check everything. You have a duty to protect the property and follow the rules fairly for everyone on...
New York City renters are now legally entitled to clear, accessible information about whether stabilized apartments exist in their buildings. Last week, Local Law 86,...
The slippery slope of steering when customer service crosses the line in property management trying to be helpful or to “make things easier” for a prospect. In...
A Texas-based homebuilder has received SEC approval to launch a universal payments token that allows renters to earn cryptocurrency by paying rent and related housing...
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