Entrata buys Colleen AI in bid for property management autonomy
This is Entrata's second acquisition in 12 months, having bought Rent Dynamics in July 2023
by Craig C. Rowe Jun 21
RealPage breaks silence on federal price-fixing probe into Yardi system
CEO Dana Jones pushed back in a statement on Tuesday, saying RealPage isn't responsible for an undersupply of rentals, increased demand for homes or inflationary pressures shaping the market
by Ben Verde Jun 18
Legislation takes aim at hedge fund landlords — but challenges remain
Introduced in December, the 'End Hedge Fund Control of American Homes Act' has stalled but seeks to deter large investors from gobbling up single-family homes. Critics say it's misguided
by Ben Verde Jun 18
AppFolio ships updates to improve resident experience
Heavily supported by AI, the end-to-end multifamily housing operating system rests on Realm-X, designed to flatten and integrate daily activities for institutional apartment owners
by Craig C. Rowe Jun 18
The landlord’s guide to maximizing rental appeal
Strategic staging, smart improvements and simple touches go a long way in creating an inviting atmosphere that attracts tenants, RentRedi's Ryan Barone writes
by Ryan Barone Jun 18
How much longer can developer Michael Shvo push up prices?
The luxury developer has gambled by buying exclusive buildings and developing them into even more elite, expensive properties. Sales thus far don't clearly show that the gamble pays off
by Lillian Dickerson Jun 17
Rental screener Findigs closes on $27M Series B funding round
Rental industry software provider Findigs has raised $27M in a Series B round, bringing its total raised to date to $48M
by Craig C. Rowe Jun 13
REBNY leads 1,500 NYC agents at rally in opposition to broker fee bill
REBNY members on Wednesday demonstrated against the FARE Act, a bill that would require rental property owners to cover the cost of broker fees, rather than pass them off on tenants
by Marian McPherson Jun 12
National rents hit highest level since 2022 despite more inventory
The median United States asking rent rose 0.8% year over year in May to $1,653, the highest it's been since October 2022, according to data from Redfin
by Ben Verde Jun 11
Jackson Hole agents brace for impact as key road collapses
A portion of Teton Pass connecting workers who live in Idaho with the tony tourist town of Jackson, Wyoming, collapsed over the weekend
by Taylor Anderson Jun 10
Barry Sternlicht: Rents will go up, and it's Jerome Powell's fault
The billionaire head of Sternwood Capital blamed Federal Reserve chief Jerome Powell's interest rate campaign for killing activity in the multifamily sector
by Ben Verde Jun 7
FBI raids Atlanta office of apartment operator Cortland
Investigators searched the company's office as part of an inquiry into alleged apartment price-fixing in the multifamily industry
by Ben Verde Jun 6
Renters are staying put for longer as housing costs rise
Affordability continues to create challenges for would-be buyers, keeping renters in place for longer, according to a new report from Redfin
by Ben Verde Jun 3
Proposed law in Cleveland could take 44% of short term rentals off the market
The law aims to ban all short-term rentals that have minimum stays of 30 nights and require owners to register their rentals with the city
by Ben Verde May 31
Redfin launches free rental tool for independent property owners
The 'List My Home for Rent' tool is available in 13 US markets and is tailored to property owners with fewer than 10 rentals. Listings will be syndicated to the Rent.com marketplace later this year
by Marian McPherson May 24
Even tech workers struggle to afford sky-high NYC rents
New York City tech workers could only afford about 35% of rental apartments available on the market last year, according to a new report
by Ben Verde May 22