We are all still deep in the trenches of adjusting our operations to the challenges presented by the COVID-19 pandemic. It may seem that day-to-day modifications and on-your-toes thinking is the best one can accomplish given the regular changes…
NAA and IREM, in partnership with CEL & Associates, Inc., are conducting a brief monthly survey of apartment owners and operators in an effort to collect data on the impact of COVID-19 to the rental housing industry. The results will be used in…
Nearly 41.0 percent of available real estate jobs in the nation were in the apartment sector during Q1 2020, well above the five-year average of 31.1 percent. Demand for apartment jobs continued to show strength despite interruptions from COVID-19,…
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…
Mental and emotional health continues to be an important topic, as staffing challenges and rising costs elevate pressures on rental housing industry professionals and directly impact the bottom line. In its continued commitment to monitor and…