Tag Archives: Property Portfolio

Hawaii to limit vacation rentals amid statewide housing crisis

By Ben Verde | May 6, 2024 - 4:08 pm |May 6, 2024 Uncategorized

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New legislation will give counties the authority to redefine zoning ordinances to phase out short-term rentals. Continue reading →

Expedia adjusts full-year guidance amid slump in Vrbo bookings

By Ben Verde | May 2, 2024 - 8:46 pm |May 2, 2024 Uncategorized

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The firm reported total lodging bookings of $21 million for the first quarter across all of its platforms. Continue reading →

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

By Taylor Anderson | May 1, 2024 - 8:29 pm |May 1, 2024 Uncategorized

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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

By Taylor Anderson | April 30, 2024 - 6:26 pm |April 30, 2024 Uncategorized

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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 →

WeWork floats bankruptcy exit deal, without Adam Neumann

By Ben Verde | April 30, 2024 - 5:21 pm |April 30, 2024 Uncategorized

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The firm plans to rid itself of $4 billion in debt through $450 million in financing and ignores founder Adam Neumann’s bid to buy back the company. Continue reading →

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

By Ben Verde | April 30, 2024 - 3:41 pm |April 30, 2024 Uncategorized

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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

By Lillian Dickerson | April 30, 2024 - 3:38 pm |April 30, 2024 Uncategorized

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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

By Craig C. Rowe | April 30, 2024 - 1:02 pm |April 30, 2024 Uncategorized

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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

By Michael Zaransky | April 29, 2024 - 8:00 am |April 29, 2024 Uncategorized

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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

By Lillian Dickerson | April 23, 2024 - 5:44 pm |April 23, 2024 Uncategorized

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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 →