Tag Archives: Property Portfolio

Airbnb-backed startup Lyric sacks staff, shutters locations amid virus

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The boutique hotel has fired a majority of its 100-person staff and plans to close 400 units in 10 locations across the country as the pandemic worsens. Continue reading →

56% of renters still plan to move despite ongoing pandemic

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RentCafe’s latest sentiment survey shows the majority of renters aren’t canceling their moving plans despite fears about a worsening COVID-19 pandemic. Continue reading →

Coronavirus is already impacting short-term rentals

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The ongoing pandemic has already slowed bookings for companies like Airbnb, and may prompt investors to shift their strategies going forward. Continue reading →

Rently self-guided tours coming to 75 more rental communities

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An award-winning national property manager responds to reduction in face-to-face showings by rolling out Rently’s patented touring technology. Continue reading →

Major California landlord group calls for rent freezes, eviction halts

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The California Apartment Association represents numerous owners and managers. Referring to the coronavirus pandemic, it said the “challenge before us is one like we have never endured” Continue reading →

Rental season ‘completely derailed’ by coronavirus

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Apartment search company RentCafé said that in the last week searches for apartments on its site have fallen 25 percent. Continue reading →

NYC-based property matching service Localize to connect buyers with agents

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Originally aiming to offer New York City buyers an honest look at neighborhoods and buildings, the company has now launched Localize Advantage to help buyers to find their ideal agent. Continue reading →

SoftBank may pull out of pledge to buy $3B in shares of WeWork

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The Japanese conglomerate has been rapidly losing faith in the co-working space company. Continue reading →

California governor stops evictions amid coronavirus outbreak

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Gov. Gavin Newsom’s order is meant to be a lifeline to people whose wages are shrinking as the coronavirus tanks the economy and forces people into isolation. Continue reading →