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John Triplett

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Is Surge in Built-for-Rent Single-Family Homes Good?

The surge in built-for-rent single-family homes – many with corporate ownership that resembles multifamily housing – have experts split on the long-term housing implications of this trend, according to a…

Multifamily Shows Good Early Rent Gains In 2024

The multifamily market produced encouraging rent gains in March, its strongest performance in 20 months, writes Yardi Matrix in the March Multifamily Report. “The market appears to be settling into…

Landlord To Pay $185,000 to Settle Sexual Harassment Lawsuit

A Michigan landlord, Mohamad Hussein, has agreed to pay $185,000 in damages and a civil penalty to the government to resolve the Fair Housing Act (FHA) lawsuit concerning Hussein’s sexual…

Salt Lake City Rents Up Slightly In March

The median rent in Salt Lake City rose by 0.4% over the course of March, as Salt Lake City rent growth in 2024 is pacing similar to last year, according…

Insurance Leads Rising Rental Property Expenses

Multifamily rental property expenses continue to grow at above-trend levels, led by insurance increases, according to a special bulletin by Yardi Matrix. The report cautions that rental property owners should…

Rental Market Begins To Pull Out Of Slow Season

National rent prices ticked up 0.6% in March, the second consecutive monthly increase following six straight months of rent declines, as the rental market begins to pull out of the…

National Rental Rates Up For First Time In 6 Months

The national rental rates for both one and two-bedrooms are up on a monthly basis for the first time in 6 months, according to a new Zumper report, which mirrors…

Rent Concessions Cool with Spring Rental Season

As rent concessions cool during the upcoming leasing season, property managers are signaling a tighter market for renters this spring, according to a Zillow report. Tempting rental concessions such as…

Multifamily Loans Coming Due May Be a Challenge

In a multifamily research bulletin, Yardi Matrix says maturing debt of multifamily loans coming due may test the strength of the multifamily industry. Higher mortgage rates, lower property values and…

Portland Rents Stay Flat in February

Portland rents continued flat in February for the second month and prices remain down 4.5% in the city year-over-year, according to the March report from Apartment List. The overall median…