Blackstone ramps up activity with $10B multifamily acquisition

The acquisition of AIR Communities marks Blackstone’s largest in the multifamily sector and shows a bullishness in rental housing, as well as a mentality that the commercial market may be bottoming out. Continue reading

Colleen’s voice AI rent collector knows where you live

Property management software company Colleen has added voice-based interaction to its artificial intelligence rent collection solution, five months after its initial launch. Continue reading

6 ways to cover your kids’ college costs with real estate investment

If you plan to help out with your kid’s college tuition, there are a variety of real estate investment strategies that can help. Continue reading

NYC’s ‘worst landlord’ attacked first day of 2-month Rikers sentence

New York City’s worst landlord, Daniel Ohebshalom, was punched on Friday during an inmate brawl at Rikers. Ohebshalom was sentenced for failing to fix more than 700 housing violations. Continue reading

Squatting is having a moment. Ignore it

A few high-profile squatting cases have gone viral in recent days, but no available data actually indicates the practice of unlawfully occupying property has become more frequent. Continue reading

NYC landlord with 700 safety violations starts 60-day jail stint

New York City’s worst landlord has begun a two-month sentence at Rikers after refusing to correct more than 700 housing violations between his two Manhattan properties. Daniel Ohebshalom surrendered to authorities on Thursday, two weeks after housing c… Continue reading

Landlords pull plug on renter incentives ahead of spring

While incentives are still an integral part of the new-home market, they’re falling out of popularity in the rental segment as demand — and competition — strengthens. The number of Zillow rental listings with concessions has struggled, going from 32.7 … Continue reading

Jail ahead for ‘worst landlord on this planet’ over squalid rentals

The sheriff has been ordered to arrest a landlord twice named worst in New York City and bring him to Rikers Island for up to 60 days over hundreds of building violations. Continue reading