Tag Archives: Property Portfolio

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

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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

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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

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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

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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

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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

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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

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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 →

13K NYC rent-stabilized units have been vacant since 2021: Study

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NYC’s Independent Budget Office’s latest study found 13,362 rent-stabilized units have been empty for at least two years. They said it’s “impossible” to know if landlords are justifiably keeping them unrented. Continue reading →

Redfin’s return to office shows unique stress for US office market

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Experts expect U.S. companies to adjust remote work policies in the coming 6-12 months as the office market suffers. “Our cultures are different around work-life balance,” said CBRE’s Julie Whelan. Continue reading →