As many states began the reopening process in May, rents continued to decline from previous months, according to YardiMatrix’s National Multifamily Report for May 2020. …
Posts published in “Property Portfolio”
AppFolio, which provides cloud-based property management software, saw its shares grow by 44.3% in May. The growth came as property managers adapted to work-at-home orders. …
The firm also indicated its industry appears to be recovering from the lows of the coronavirus pandemic. Source: Inman News
San Francisco in particular has experienced a historic drop in rent amid the pandemic, though rents are also down in New York, Boston and other…
Smaller landlords form the “backbone” of the residential rental industry. But they have been largely excluded from the Paycheck Protection Program during the coronavirus pandemic. …
Vipin Motwani, an investor with Iron Gate Development in the Washington, D.C., suburbs, manages over 40 rental properties, and has seen the number of late…
Additionally, nearly half of Airbnb hosts reported that they don’t currently feel safe renting out properties, according to a survey by IPX1031. Source: Inman News
The new platform called “Uniquely Yours” will feature week-long multimedia experiences of one or more of Douglas Elliman’s properties like The Towers at the Waldorf…
Top New York real estate agent Jamie Safier is seeing incredible growth in demand in the Hamptons as well as changes in what renters are…