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…
Multifamily Rents Inch Up Ahead of Spring
Multifamily rents are creeping up as spring approaches, and many locations saw rents rise slightly in February, according to Yardi Matrix. Metros in the Northeast and Midwest saw gains to…
California Bill Would Block Landlords from Banning Pets In Rentals
The bill, AB 2216, would prohibit banning pets in rentals and allow landlords to ask about pet ownership only after a tenant’s application has been approved, according to reports. According…
Arizona Sues RealPage and Landlords For Price-Fixing
Arizona Attorney General Kris Mayes has filed a lawsuit against RealPage, Inc. and nine major residential apartment landlords operating in Arizona for price-fixing and conspiring to illegally raise rents for…
FCC Proposes Ban on Exclusive Broadband Deals in Apartments
The Federal Communications Commission (FCC) is proposing a plan to ban exclusive broadband deals in apartments and eliminate arrangements imposed on tenants that force them to stick to a specific…