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Tue
22
May
The Editors's picture

Man Awarded $20 Million After Fall Through Portland Apartment Walkway

Man Awarded $20 Million After Fall Through Portland Apartment Walkway

A jury has found a Portland apartment complex failed to make proper repairs to a walkway and awarded $20 million to a man who fell through the walkway, according to reports.

The man, Robert Trebelhorn, plunged waist-deep into a rotting, second-story walkway in February 2016, according to the lawsuit. He tore the meniscus in his knee, causing ongoing pain and therapy even after he underwent surgery.

Trebelhorn filed suit against Wimbledon Square Apartments and its parent company Prime Group, a Los Angeles-based real estate firm, after construction crews discovered serious dry rot and cracking concrete in the walkway.

His attorneys Jason and Greg Kafoury said Prime Group refused to make repairs for at least a decade.

Tue
22
May
The Editors's picture

Seattle Investment Company Buys Phoenix Apartments For $59 Million

phoenix apartments purchased by Seattle company

A Seattle investment company has purchased a 254-unit Phoenix apartment community on the light rail line along Central Avenue for $59 million, according to a release.

Security Properties and funds managed by Oaktree Capital Management, L.P. purchased Pavilions on Central, to bring the company’s holdings to nine assets totaling over 3,700 units in the Phoenix marketplace.

 "Pavilions on Central was appealing to us because of the combination of the rare townhome-style product type and the location on a light rail.  As Midtown continues to develop, these long-term competitive advantages should create value for our investors," Davis Vaughn, Senior Director at Security Properties, said in the release.

Mon
21
May
The Editors's picture

Mural Of Geese Flying Over Portland At New Apartment Community

Mural Of Geese Flying Over Portland At New Apartment Community

A hand-painted, 60-foot tall mural of two geese flying over Portland in the courtyard is a highlight for people living at a new apartment community called North Hollow, according to a release.

"Being at one with nature is important here at North Hollow," Terry Roberts, property manager, said in the release.

 "Living here is within an easy walk to the natural wonders of Washington Park with its hiking trails, thousands of rose bushes and Japanese Gardens. Alternatively, residents can enjoy the tones and textures of our expansive community lounge with its courtyard featuring the fabulous mural or go up to our rooftop terrace to enjoy views of downtown

Pacific Northwest artist Olivia Knapp created the mural

and West Hills."

Tue
15
May
admin's picture

Share Of Millennials Living With Mom On The Rise

living with mom

More millennials ages 24- to 36-years-old live with their moms than at any time in the past decade, according to the latest Zillow analysis.

Nearly a quarter of U.S. millennials are living at home with their mom, which translates to about 12 million young adults nationwide.

Despite a strong economic recovery, the share of millennials living with their moms has been increasing since 2005, when just 13.5 percent lived with their moms.

 

Rapidly rising rents and living with mom

The combination of rapidly rising rents and slow income growth over the past half-decade drove many young adults to either move back in or never move out of their parents' home, but the trend has been persistent even as the U.S. labor market has improved.

Tue
15
May
The Editors's picture

Portland City Commissioner Seeks To Regulate Tenant Screening

Portland City Commissioner Seeks To Regulate Tenant Screening

Portland City Commissioner Chloe Eudaly is seeking to regulate tenant screening by following a similar path to Seattle’s first-in-time ordinance and require Portland landlords to take a first-come, first-served approach to tenants, according to reports.

Eudaly’s proposal is similar to one passed by the Seattle City Council, called first-in-time. That ordinance was struck down in April by King County Superior Court Judge, Suzanne Parisien, who said in her ruling that “choosing a tenant is a fundamental attribute of property ownership.”

Willamette Week first reported that  Eudaly is working on a measure to require landlords to rent to tenants on a first-come, first-served basis. 

Tue
15
May
The Editors's picture

Reasonable Accommodation vs. Modification And Who Pays?

accommodation vs modification in rental housing

When a potential tenant asks for a reasonable accommodation or a modification for your apartments, do you know the difference? The Grace Hill training tip of the week focuses on reasonable accommodation vs modification and what you need to know.

By Ellen Clark

Knowing the difference between an accommodation and a modification when you get a request from a tenant is important.

Mon
14
May
The Editors's picture

California Landlords Settle Over ‘No Criminal Record’ And Discrimination

California landlords settle with HUD

California landlords have reached a settlement and agreed to pay $8,000 after a complaint alleging they used a policy of “no criminal or police record of any kind,” and in addition discriminated on the basis of race and national origin.

The U.S. Department of Housing and Urban Development (HUD) charged in the conciliation agreement that the landlords discriminated on the basis of race, national origin and prior criminal history, according to a release. The agreement names the Grand Oaks Apartments and Sierra Vista Apartments in Atwood, California, and MacBeth Apartment Systems in Carlsbad, California.

Mon
14
May
The Editors's picture

More Renters Say Renting Is A Good Choice For Them Right Now

Renters say renting is a good choice for them

Renters are comfortable with continuing to rent with many believing renting will be more affordable or stay the same for them in the next 12 months, according to research from Freddie Mac.

The research says more renters say for right now, renting is a good choice for them.

Also, millennials are more likely to rent by choice, while Baby Boomers say they have no interest in owning, according to the research.

Freddie Mac commissioned the Harris Poll to survey more than 4,000 U.S. adults to get their perceptions about renting in the post financial crisis marketplace.

In large cities, urban renters are more likely to say renting is a good choice for them, but they admit they would like to own at some point.

Fri
11
May
The Editors's picture

San Valencia Creates Apartment Paradise Out Of Former Agricultural Land

San Valencia Creates Apartment Paradise Out Of Former Agricultural Land

 A literal oasis is rising out of the Southeast Valley as San Valencia opens to its first residents, welcoming them to high-end apartment living in Chandler, Arizona., one of the fastest-growing communities in the U.S, according to a release.

Located at 1450 E. Germann Road, San Valencia was previously agricultural land and sits right down the road from the Chandler Municipal Airport, just south of the Loop 202 Santan Freeway.

The community offers residents all the luxuries of five-star living: spacious one-, two- and three-bedroom floor plans with chef's kitchens, expansive living areas and bedrooms with walk-in closets, all within an impeccably landscaped and amenity-rich area.

Wed
09
May
John Triplett's picture

Landlords Sue Seattle Over Criminal Background Check Restrictions

Landlords Sue Seattle Over Criminal Background Check Restrictions

Three small landlords have banded together with two organizations to sue the City of Seattle over a criminal background checks ordinance that keeps landlords from considering certain criminal histories of tenants during the tenant screening process.

 

Sean Martin of the RHAWA, left, Ethan Blevins and William Shadbolt

By John Triplett

Rental Housing Journal

The Pacific Legal Foundation and the Rental Housing Association of Washington (RHAWA) have filed suit against the City of Seattle over the ordinance which bans landlords from most criminal background checks when screening an applicant. The suit argues the ordinance violates due process and free speech.

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