• Thu. Dec 26th, 2024

John Triplett

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  • Oregon Audit Questions Emergency Rental Assistance Spending

Oregon Audit Questions Emergency Rental Assistance Spending

Oregon Secretary of State auditors unearthed millions of misappropriated dollars and a lack of oversight and accountability in four state agencies including emergency rental assistance spending at the Oregon Housing…

Oregon Landlords Can Increase Rents 10% Next Year

Oregon landlords can increase rents by 10% in 2024 under Oregon’s revised rent control law, according to the calculations by the Oregon Office of Economic Analysis. This amount is 7%…

HUD Charges Landlord with Discrimination Over Assistance Animal

The U.S. Department of Housing and Urban Development (HUD) is charging Lakeview Avenue LLC in Rensselaer, New York, and its employees with violating the Fair Housing Act by refusing a…

Rental Growth Rates Return To Pre-Pandemic Levels

Rental growth rates are returning to pre-pandemic levels in line with historic standards even though “asking rents are increasing at a slower rate than the last two years,” Yardi Matrix…

Expense Growth Clouds Future Multifamily Performance

While economic growth and a strong job market have helped multifamily asking rents grow nationally in August, operators are now facing the rapid expense growth on that side of the…

2 Background Check Providers to Pay $5.8 Million Over Inaccurate Reports

The Federal Trade Commission (FTC) will require background check report providers TruthFinder and Instant Checkmate to pay $5.8 million to settle charges that they deceived consumers about whether consumers had…

Lawsuit Charges 18 Property Management Companies with Rent Price Fixing

An antitrust class-action lawsuit is charging 18 property management companies and Yardi Systems of rent price fixing by colluding to increase the cost of rent in cities across the country,…

Rental Market: August Rent Slows, Annual Fall Decline is Early

The rental market continued slowing down in August as both monthly and annual rent growth turned negative, according to the September report from Apartment List. Rent growth typically follows a…

Operational Efficiencies Top Challenge For Property Managers

Inflation has spoken “loud and clear” says a new report and operational efficiencies that can reduce costs are now the top challenge for rental property owners and property managers. The…

Rents Are Falling But Falling Slower In The Suburbs

Rents are falling and down year-over-year in most parts of the country but many suburban communities, which experienced dramatic rent inflation in 2021 and 2022, are seeing slower rent drops…