Tag Archives: Property Portfolio

Hyatt, Hilton among those accused of price-fixing in new antitrust suit

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A lawsuit filed last week in California alleges the hotel industry engaged in illegal price-fixing using AI software. Continue reading →

Distress in office sector climbs to 12-year high, new report says

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Over $38 billion in office buildings show signs of distress in downtowns across the nation as the sector continues to struggle through the high rate environment. Continue reading →

Home prices surge to ‘near all-time highs’ amid rising mortgage rates

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San Diego, Los Angeles, Washington DC and New York posted annual price increases for the third-straight month, with each of the cities S&P CoreLogic Case-Shiller tracks hitting record highs. Continue reading →

March rents grew dramatically in Chicago and these 4 other cities

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Eighteen of the 50 largest U.S. metro areas witnessed rents rise on an annual basis in March, especially in the Northeast and Midwest, where a lack of rental supply is common and owning a home is costly. Continue reading →

Apartment List rolls out Lea Pro, a bot for lead conversions and tours

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The artificial intelligence-fueled tool allows leasing agents and landlords to generate new leads more efficiently, providing speed without the need for additional personnel, among other benefits. Continue reading →

How multifamily can appeal to the baby boomer rental market

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Many baby boomers are interested in rental markets close to home, multifamily expert Michael Zaransky writes, especially when they offer features that enhance their lifestyles and options. Continue reading →

Corcoran agent finds her home fraudulently listed on Airbnb

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Sarah Stewart only learned her Hamptons vacation home was fraudulently listed on the rental platform after someone called her to confirm that they should wire $25,000 outside of the Airbnb platform. Continue reading →

WeWork creditors urge consideration of Neumann’s offer

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The company’s unsecured creditors seem to be tiring of its piles of debt, and say that to not seriously consider the ex-CEO’s generous bid on the company is “inexcusable.” Continue reading →

38% of homeowners couldn’t afford their home in today’s market

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Consistent home price appreciation is touted as the main benefit of homeownership; however, runaway home price growth over the past five years has homeowners feeling locked into a financial prison. According to Redfin’s latest market study, 38 percent … Continue reading →