California legislator proposes $1.25B affordable housing bill

United States Representative Adam Schiff (D-Calif.) is taking another shot at solving America’s housing crisis, this time through a proposal to convert government-owned buildings into affordable rental housing.

The Affordable Housing Conversion Act … 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

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

RentSpree, St. Louis’s MARIS MLS forge new proptech partnership

As many as 15,000 members of St. Louis-based MARIS will have access to ApplyLink, RentSpree’s solution for slow lease transactions, dated lead capture, conversion tactics and rental workflows. Continue reading

A softer rental market isn’t enough to help hopeful homebuyers

The rental market is stabilizing with fewer landlords planning rent increases, according to Realtor.com’s latest survey. But the rent slowdown won’t significantly ease financial burdens for renters who are struggling to save for a down payment or quali… Continue reading

Prioritizing the needs of young renters in multifamily housing

Millennials began reshaping multifamily housing in compelling ways, writes Michael Zaransky, and Gen Z promises to accelerate that change. Property managers must be ready. Continue reading