Morgan Stanley exec tapped to run single-family rental firm

Jonathan Pruzan, once thought to be a front-runner for CEO of Morgan Stanley, has been chosen to run Pretium, a firm that owns tens of thousands of single-family rental homes. Continue reading

How much is your home worth on Airbnb? Realtor.com can tell you

New tool comes as more homeowners look for ways to offset high housing costs, and as Airbnb looks to add more supply to keep prices down. Continue reading

New York City’s strict short-term rental law goes into effect

New York City’s law limiting short-term rentals went into effect on Tuesday. To offer stays of less than 30 days, hosts must stay in the unit with their guests. Continue reading

New class action suit against Grant Cardone says he misled investors

The lawsuit, filed by the daughter of one of Cardone’s previous investors, says he misled his followers by boasting on social media about the potential returns they would see from investing in his real estate fund while downplaying the risks. Continue reading

Investor activity keeps slowing down from pandemic-era highs

Phoenix, Las Vegas and other Sunbelt metro areas saw the biggest slowdowns in investor activity as high rates and low demand cooled activity nationwide, according to reports. Continue reading

Mystery solved: The Silicon Valley entity behind Flannery Associates

Over the past six years, a mysterious entity known only as Flannery Associates quietly scooped up nearly $900 million in farmland outside the Bay Area. Now investors behind the plan have been revealed. Continue reading

Tens of thousands of Airbnb listings will be outlawed in NYC next week

Local Law 18, which requires short-term rental owners to register with the city, could siphon tens of millions of dollars in revenue from Airbnb when it goes into effect on Sept. 5 in New York City. Continue reading

Holding onto property managers is hard. Here’s how to keep them

Our management team averages 12 years on the job, providing continuity essential to our residents and our business. Here’s how we do it. Continue reading

Single-family rent growth slows for the 14th straight month

A new report from CoreLogic is the latest to confirm that rent growth is falling back toward historical levels as the market moves on from unprecedented growth during COVID-19. Continue reading