Property Management News
By Taylor Avakian, Principal Broker & Founder of The Group CRE A couple of years ago I toured a fourplex on one of the hill streets above Sunset, a few blocks up from Echo Park Lake. Built in 1926, stucco, original hardwood in three of the four units, a garage nobody had parked in since the Reagan administration. The seller had owned it since the early nineties. The rent roll was the kind that makes out-of-state buyers close the PDF and move on. Two tenants had been there over fifteen years. One of them was paying $1,140 for a one bedroom that would have leased for around $2,200 the same week if it had been empty. I’ve changed a few details, but that building is the one I think... Read more
KEY TAKEAWAYS US multifamily rents posted a 1.4% annual increase in June 2026, up from 1.2% the prior month, according to Zillow’s index. San Francisco led metros...
Oregon multifamily owners who have considered converting their apartment communities to smoke-free housing under the new law may want to start planning now. Beginning...
If you think driving rent growth and renewals requires a large capital budget, the leasing veterans at the National Apartment Association’s Apartmentalize...
Class-C apartment operators in Chicago are buoyed by many of the tailwinds bolstering the city’s multifamily market as a whole: limited new supply, rising rent...
Commercial real estate owners have always understood that empty spaces are lost opportunities. What they have been slower to recognize is that underutilized space, a lobby that sees foot traffic only during commuting hours, an amenity floor that sits quiet five nights a week, a rooftop with a view that nobody is paying to experience, is an asset waiting to be activated rather than simply a gap in the occupancy ledger. The events industry has long known this. The hospitality industry has known it as well. Now, a growing cohort of real estate owners is now figuring out that the intersection of those two industries and their own square footage represents an opportunity that goes well beyond... Read more
Naming gets all the attention. The workshop, the shortlist, the debate over the finalists, the reveal. It feels like the moment the brand is born. It is not. A name is...
By Nate Bernstein, Managing Attorney of LA Real Estate Law Group. Read Part 1 Here #8. Avoid Sweeping Limitation of Liability Clauses Property managers will often try to...
If you own or manage rental property outside New York, it’s easy to assume the city’s broker-fee law has nothing to do with you. I think that’s a...
Open almost any apartment community’s amenities page and you’ll meet the same three phrases: resort-style pool, state-of-the-art fitness center, wood-look...
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