Landlord’s Guide to Normal Wear & Tear in Rentals
“Normal wear and tear” or “reasonable wear and tear” are common terms associated with rentals, and typically refer to the expected depreciation that results from a tenant livin...
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Common Terms to Include in a Rental Agreement
Due to the high demand for rentals, it’s a great time to be a property owner or landlord. Around 37% of total U.S. households are renter-occupied, according to a recent survey, which is at near...
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Multifamily Developers Come Up Against Worsening Labor Shortage
Labor shortages are crimping multifamily builders, Chris Bruen, director of Research at the National Multifamily Housing Council, said in a post late last week. “In the latest round of NMHC&rsq...
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Weakening Home Sales Suggest a Post-Pandemic Cool Down
National home sales are showing signs of weakness after a market boom during the pandemic. Over a four-week period ending May 2, home sales fell 3%, according to a new report from Redfin analyzing hom...
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June Rent Payments at 77%
The latest findings are a sign of robust demand for apartments but the industry is still facing challenges including the federal eviction moratorium. The National Multifamily Housing Council’s ...
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Will the Eviction Moratorium Stand or Expire on June 30?
California rental housing providers have operated under a series of eviction moratoriums since the pandemic shut down the economy 14 months ago. And now, tenant activists and some lawmakers are fighti...
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A Construction Boom is Coming Despite Skyrocketing Material Prices
While rising costs have canceled some construction projects, CBRE says 2021 will still see a boom in new commercial real estate development. This is not to discount surging prices, which have resulte...
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Proposed Cap On 1031 Exchanges Would 'Cripple' CRE markets
President Biden’s proposed cap on Section 1031 like-kind exchanges would drastically curtail economic activity and effectively cripple CRE markets, according to a new analysis by Ernst & You...
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Entitlement Activity Whispers of Recovery in California's Multifamily Market
New entitlements for multifamily development in California could be an indicator that apartment construction is bouncing back. While new apartment deliveries and new starts decreased during the pandem...
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Despite Court Rulings Apartment Landlords Advised to Wait on Eviction Proceedings
Last month the US District Court for the District of Columbia joined several other federal courts in ruling that the Centers for Disease Control and Prevention (CDC) eviction moratorium exceeded the a...
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