Tag: Article
Supreme Court urged to step in on NYC’s rent-control laws
The Supreme Court is considering a petition to hear a case that challenges New York City’s rent stabilization law as pressure builds from stakeholders...
Navigating multifamily risk
A new report from Yardi Matrix has highlighted rent growth and high supply amid low sales and price declines. Real estate is a lot like...
L.A. owners sue over COVID-era restrictions
Apartment owners are suing the City of Los Angeles for keeping in place its emergency ban on rent increases first implemented at the start...
Crushing property insurance hurting apartment deals
The lack of affordable insurance options for property owners of all types increasingly puts needed insurance coverage out of reach and limits the ability...
Property conversions: Will today’s office vacancies become tomorrow’s WFH locations?
New government incentives and shifting market dynamics could make it worth U.S. real estate owners’ time—and money—to move forward with office-to-residential conversion projects. With the...
Complaint: not renting to people with past evictions is illegal
HOPE Fair Housing Center argues in a new federal complaint that an Illinois landlord’s blanket refusal to rent to people with eviction records amounts...
Rental fees new target for White House
The Biden administration recently announced a new component of its war on junk fees, curbing rental fees that officials assert are exacerbating housing affordability...
SFR Housing market institutional freeze
Just as national home prices were bottoming in early 2012 following the crash that started in 2007, institutional buyer Invitation Homes (owned by Blackstone...
Public Storage to acquire Simply Self Storage for $2.2 billion
Self-storage operator Public Storage has moved to buy Simply Self Storage from Blackstone Real Estate Income Trust for $2.2 billion. Demand for storage space...
Fitch downgrades U.S. credit rating
Fitch Ratings downgraded the U.S. government’s credit rating weeks after President Biden and congressional Republicans came to the brink of a historic default, warning...
Groups urge Supreme Court to overrule pro-bureaucracy rule that aids administrative state
Limited-government advocates are urging the Supreme Court to overrule “Chevron deference,” a bureaucracy-empowering legal doctrine they say has distorted the U.S. system of government...
Incandescent bulbs banned (again)
The Biden Administration has implemented a ban on incandescent light bulbs in favor of energy-efficient bulbs, following a years-long bipartisan effort to phase out...
The Great Purpling
The sky over the city of Vancouver was the color of a television tuned to a Prince concert. OK, maybe not the whole sky. But...
Young hires of 2023 ill-prepared
The effect of years of remote learning during the pandemic is gumming up workplaces around the country. It is one reason professional service jobs...
American Homes 4 Rent, Invitation Homes strike separate expansion deals
For all the concerns about the rental housing business, American Homes 4 Rent and Invitation Homes are expanding. Single-family home rental REIT American Homes announced...