97 Percent Of Property Management Companies Have Experienced Fraud
A new report from Forrester Consulting shows that in the last two years alone 97% of property management decision makers have experienced fraud in the properties they manage.
On top of that, 83 percent of...
Only 41 Percent Of Renters Carry Renters Insurance
Only 41 percent of renters carry renters insurance, a substantial difference from 95 percent of homeowners who carry homeowner’s insurance policies, according to a new poll from the Insurance Information Institute.
The number of renters has...
Portland Rental Property Owners Plan To Fight City Hall And State
Portland rental property owners, managers, builders and building suppliers feel they are under attack from Portland City Hall and the Oregon Legislature and have mounted a campaign against proposed regulations.
The group has launched a...
No Fire Sprinklers:13 Dead, Nearly 500 Homeless From 4 Fires In 11 Days
A mother and her five children, ages 2 through 10, were killed in a fire at an extended-stay hotel in Benton Harbor, Michigan, on July 27, 2018
Several others were taken to the hospital with...
Apartment Jobs Account For One Third Of All Real Estate Jobs
A new report from the National Apartment Association says apartment jobs across the country account for one-third of all the real estate jobs in the nation.
In Portland it is even higher.
Apartment jobs in Portland...
NAA Study: Barriers To Affordable Apartment Housing In Many Cities
Barriers to affordable apartment housing mean developers cannot get new units off the ground in many cities according to a new National Apartment Association study.
By John R. Triplett
Rental Housing Journal
The challenges developers face in...
Portland, Seattle Apartment Rents Lag As Other Metros Increase For Sixth Straight Month
The national apartment rents index is up 0.1 percent month-over-month in the peak of the rental season, marking the sixth straight month of increasing rents, except in Portland and Seattle where rents have declined...
Mortgage Group Provides Bridge Loan For Acquisition of Phoenix Multifamily Property
A leading mortgage group has provided an $11 million first mortgage bridge loan to finance the acquisition and renovation of a Phoenix multifamily property on North 12th street, according to a release.
Regency Park Apartments is a...
Phoenix Multifamily Market Blooming In The Desert
The Phoenix multifamily market has turned into a blooming desert for investors and apartment owners as low business costs and great weather has turned into a magnet for companies relocating from nearby California, pushing healthy demographic...
Tempe Apartment Complex Sold For $60.5 Million
A 402-unit Tempe apartment complex has sold for $60.5 million, or $150,498 per unit, according to a release.
Willow Creek, built in 1984, Willow Creek is about one mile from Loop 101/Apache Boulevard light rail...