Apartment Business Update
A quarterly newsletter covering investment trends in the apartment industry.
New Ruling Voids CDC Eviction Order
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A new federal ruling has voided the CDC’s Eviction Order; a stay of the decision has been issued until the appeal is heard.
On May 5, a federal judge from the U.S. District Court for the District of Columbia issued a ruling voiding the U.S. Centers for Disease Control and Prevention’s (CDC)…
New Rule Requires Notifying Renters Being Evicted
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A new rule will require “debt collectors” to provide renters written notice of their rights under the CDC Eviction Order.
On April 19, the Consumer Financial Protection Bureau (CFPB) issued an interim final rule requiring “debt collectors” to provide written notice to renters of their rights under…
Ancillary Revenue’s Winners and Losers
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Pet fees are up while late fees are down.
As the COVID-19 pandemic continues to cast a long shadow over the rental housing industry, ancillary revenue would seem to be a low priority. In previous years, collecting ancillary fees was an important — though legally fraught — concern. But now,…
Explaining the Breakdown of One Dollar of Rent
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With so much discussion around rent payments and the prevailing misconception that rental housing owners enjoy large margins, the National Apartment Association (NAA) has released an explanation of the breakdown of one dollar of rent.
Because education is an effective way to counter harmful public…