Saturday, February 22, 2025

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National rent control didn’t pan out, so in order to crack down on “big landlords who break antitrust laws by price-fixing and driving up rents,” the Biden administration’s latest scheme is to enlist the U.S. Department of Justice and Federal Trade Commission as antitrust enforcers. Such irony would be funny if this didn’t undermine the homes that the nation so desperately needs.

Monopolies, elections and power, oh my

Technology is engineered toward empowering individuals, not government. Therein lies the problem. From the Gutenberg press to automobiles to a networked world enabling people to work remotely, history’s greatest innovations—in some way great or small—liberate...
“What you don’t have, and what’s required for collusion, is a horizontal agreement among competing property operators to all use that software and to delegate their rent setting authority to a third party. “From what I’ve seen, and from what we’ve been able to discern from the industry, there’s nothing like that happening,” said David Cross, a partner at San Francisco-based Morrison & Foerster’s antitrust litigation practice.

Multifamily faces antitrust litigation

With national elections around the corner, some of the nation’s largest apartment companies are facing antitrust litigation over usage of a product that has become increasingly important to the industry since the first multifamily...
CDC eviction moratorium

RealPage breaks silence in response to allegations of price fixing

RealPage breaks silence in response to allegations of price fixing levied by renters' groups and the U.S. Department of Justice, releasing a statement that tells "the real story." The statement is a response...
NAHB Multifamily Pillars of the Industry Awards

NAHB Multifamily Pillars of the Industry Winners 2023

The National Association of Home Builders (NAHB) Pillars of the Industry award winners are in. Yield Pro is honored to present the nation’s best. Best high-rise apartment community 10 stories plus Carlyle Crossing Alexandria, Virginia 18-STORY • 741 UNITS •...
Landlords rarely escape the machinations of politics. Just how far will tinkering with free markets go this election cycle?

INFOGRAPHIC: Grinding housing into votes

download pdf Landlords rarely escape the machinations of politics. Just how far will tinkering with free markets go this election cycle? In an election-year effort to shift responsibility for the nation’s high costs of living away...
https://yieldpro.com/pdf/infographics/2024/0304/The_era_of_fiscal_excess.pdf

INFOGRAPHIC: The era of fiscal excess

download pdf Lockdowns were the beginning of the end of office space as we’ve known it for over four decades. Work from home spurred vacancies expected to rise through 2025. The 2022 Fed interest rate...
The new cap on annual rent increases will apply to a million Low-Income Housing Tax Credit (LIHTC) apartments according to The Washington Post.

INFOGRAPHIC: The White House issues national rent control plan

download pdf The new cap on annual rent increases will apply to a million Low-Income Housing Tax Credit (LIHTC) apartments according to The Washington Post. 2020 Senator Sanders (Vt.) contends that federal control of the multifamily...
In February, multifamily distress hit its highest level in 18 months, increasing by 80 basis points over the previous month, according to CRED iQ, which tracks and analyzes data and valuations of more than $2 trillion in commercial real estate (CRE).

2024 could be the year of the distressed deal

Investors are finally starting to take advantage of distress in the multifamily sector, even though the huge wave of distress pundits predicted last year failed to materialize. In February, multifamily distress hit its highest level...

Is the U.S. dollar finished?

In August 2005, a little-known financial analyst named Richard Bove issued an eight-page report for Punk, Ziegel, and Company, a boutique investment bank based in New York City. The report, titled “This Powder Keg Is...
Revolutionary technologies adopted during the pandemic are becoming standard in the multifamily industry.

PropTech scales up

Revolutionary technologies adopted during the pandemic are becoming standard in the multifamily industry. Technologies that property managers rushed to implement during COVID are now part of their everyday lives. Prospective apartment renters can take self-guided tours...
After more than 10 years, the U.S. Green Building Council (USGBC) is putting out a new LEED (Leadership in Energy and Environmental Design) rating system.

LEED’s bold green overhaul

After more than 10 years, the U.S. Green Building Council (USGBC) is putting out a new LEED (Leadership in Energy and Environmental Design) rating system. According to the authors, LEED v5 is more than just...
PARC MOSAIC APARTMENT HOMES, BOULDER, COLO. SHOWCASES TEN OUTDOOR ROOMS THAT BRING THE COLORADO LANDSCAPE TO LIFE, A 82-FOOT INDOOR-OUTDOOR SALTWATER POOL, 2-STORY FITNESS CENTER, RESIDENT LOUNGE, ROCK CLIMBING WALL, SECURE BIKE STORAGE, AND SMART HOME TECHNOLOGY INCLUDING LOCKS AND THERMOSTAT.

Blackstone making $10 billion multifamily purchase

Acquisition of AIR Communities is Blackstone’s largest transaction in the multifamily market. Blackstone has agreed to acquire an owner of upscale apartment buildings for about $10 billion, signaling that one of the world’s largest real...
With the property technology market bursting at the seams, how can operators determine which software best suits their needs? And from there what does the process for vetting potential vendors and solutions look like?

What to consider when buying property management software

Operating an apartment community is nearly impossible without the help of property management software. Choosing the right property management software is essential. With the property technology market bursting at the seams, how can operators determine...
One study of Rotterdam, Netherlands, found that the port city’s residents, even with little-to-no space in front of their densely built, urban homes, nonetheless embellished their sidewalks with seats, planters and knickknacks to express themselves.

Happier, more connected neighborhoods

A salve for America’s loneliness epidemic could exist right in front of its homes. Front yards are a staple of many American neighborhoods. Lush plantings, porches or trinkets can capture the attention of passersby and...
For example, at least one court recently held that requiring an employee to attend mandatory DEI trainings that “discussed racial issues in essentialist and deterministic terms—ascribing negative traits to white people or white teachers without exception and as flowing inevitably from their race” might create a hostile work environment on the basis of race.

Courts issue DEI training decision

A federal court in March issued a decision impacting the diversity, equity, and inclusion (DEI) legal landscape. The case demonstrates the rapidly evolving state of the law with respect to DEI. In Honeyfund.com Inc. v....
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