When I gave my installation speech last November at the National Apartment Association’s (NAA) Assembly of Delegates meeting in Greenville, SC, nobody in the room, myself included, could have ever envisioned how quickly overshadowed most of my goals…
The Federal Reserve announced on April 9 a $2.3 trillion package of additional support for the economy through new loan programs and bolstering existing ones. This action by the Federal Reserve aims to assist households and employers of all sizes…
IRS Issues COVID-19 Guidance Outlining Limitations of Business InterestThe Treasury Department and Internal Revenue Service (IRS) issued guidance related to the limitation of business interest to account for modifications made under the…
The Coronavirus Aid, Relief, and Economic Security (CARES) Act is the third relief package passed by Congress in response to the COVID-19 pandemic and includes a 120-day moratorium on evictions, late fees and other penalties. There is a lot of…
On April 3, lenders began accepting applications for the highly anticipated Paycheck Protection Program (PPP) loan administered by the Small Business Administration (SBA) and established under the Coronavirus Aid, Relief, and Economic Security (…
There are no more hurdles to overcome for former Vice President Joe Biden, who will likely be handed the Democratic nomination for president of the United States in August. The suspension of Senator Bernie Sanders’ campaign earlier this month…
On February 20, Multifamily NW filed suit against the City of Portland to stop the “Fair Access In Renting” (FAIR) ordinances related to resident screening and security deposit rules from taking effect. The ordinances have severe consequences for…
In March, Virginia joined 16 other states and 85 localities in adding “source of income” (SOI) protections to their fair housing laws. Source of income laws are well-intended to prohibit discrimination against individuals who receive housing…
The CARES Act helps one asset manager keep its platforms intact as it waits for things to turn.This is the seventh in a recurring series of articles looking at how apartment owners, managers and developers have mobilized to protect themselves and…
One executive sees the COVID-19 shutdown fostering changes in how people work.When the COVID-19 pandemic hit, the management team at Cardinal Group knew it would need to make a lot of important decisions. And some of them wouldn’t be correct.“For us…