The ongoing legal battle to invalidate Pittsburgh’s “source of income” (SOI) ordinancewill continue into another year, with the Pennsylvania Supreme Court ordering the Commonwealth Court to reconsider the case “in light of this Court’…
Fraud attempts across industries in the US are up an average of 25% this year, and according to a recent study conducted by Entrata, the property management industry is feeling the impact of this rise in fraudulent activity. The survey…
On November 20, the U.S. Department of Housing and Urban Development (HUD) announced that the agency would release more than 15,000 new vouchers to public housing authorities (PHAs) across the United States, providing non-elderly, disabled…
The apartment industry should be on the lookout for a new phrase: “Renters’ Choice.” While there are multiple inferences one could make from these words, the present push is to allow renters to choose between standard security deposits and utilizing…
2020 NAA Chairman of the Board Mike Holmes overcame doubts and challenges as he built a property management business and moved up the association ladder.When Mike Holmes graduated from Furman University in 1975, the country was in the midst of a…
Despite national studies showing a drop in enrollment, the picture is more complex for the student housing industry.As Gen Z replaces millennials on college and university campuses, owners, developers and managers of student housing are studying the…
If you want to stay competitive, look for where there is room for new student housing.As Gen Z replaces Millennials on college and university campuses, owners, developers and managers of student housing are studying the numbers and habits of…
Slowing global growth and uncertainties surrounding trade wars and tariffs held businesses at bay in 2019 in terms of spending, but consumers stepped in to prop up economic activity. According to Moody’s Analytics, households have contributed…
Campus enrollment decline and overdevelopment fears are hurting student housing as capital sources pull back and lenders grow cautious.When Freddie Mac and Fannie Mae slowed multifamily lending in the late summer and early in the fall, the…
Community-oriented millennials are reshaping the apartment industry as America's largest generation.“Community is really important,” said Lesley Lisser, Senior Director, Asset Management at Invesco.As the number of millennials renting apartment…