Regulation

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    California manager settles for over $1M in security deposit case

    The state attorney general alleges that Arnel Management Co. deducted pre-set cleaning fees regardless of unit condition.

    By • April 16, 2024
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    Biden has proposed ‘the boldest housing plan in a generation,’ his economic advisor says

    The plan would expand tax credits for affordable housing developers, a proven way to boost supply, National Economic Advisor Lael Brainard said.

    By Kalena Thomhave • April 10, 2024
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    Trendline

    Multifamily Legislation

    Apartment pros are keeping an eye on potential regulations such as the Choice in Affordable Housing Act, the YIMBY Act and state and local rent control measures.

    By Multifamily Dive staff
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    Surge of legislation aims to regulate the multifamily industry

    Rent control, housing fees and tenant screening are the subjects of hundreds of bills and rule proposals.

    By • Updated April 9, 2024
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    Maryland Supreme Court rules against Kushner Cos.

    The lawsuit alleges Kushner-owned Westminster Management charged fees above the state’s legal limit.

    By • April 2, 2024
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    Report: DOJ opens criminal probe into RealPage, multiple landlords

    The Justice Department also has an ongoing civil investigation into the data and software provider.

    By • March 25, 2024
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    Family of man slain at DC apartment files $25M lawsuit against owner, manager

    The suit alleges CIH Properties did not provide adequate security at the complex.

    By • March 12, 2024
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    FTC, DOJ argue against dismissal of Yardi antitrust case

    The agencies contend that competitors must not agree to advertised list prices, even if actual rents vary from that starting point. 

    By • March 8, 2024
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    FCC proposal would eliminate broadband bulk billing arrangements

    If approved, multifamily housing companies would not be able to choose an internet, cable or satellite provider for a property.

    By • March 8, 2024
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    Arizona AG sues RealPage, multiple landlords

    The state alleges that the firm’s revenue management software compiles competitively sensitive lease data on pricing and occupancy.

    By • March 4, 2024
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    For-cause eviction bill passes in Colorado House

    The legislation, which lays out specific reasons for evictions, now moves to the Senate.

    By • Feb. 26, 2024
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    Arizona bill prohibits dog breed restrictions at multifamily properties

    Another proposal in California would require property owners to accept all common pets.

    By • Feb. 22, 2024
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    REIT Report

    UDR turns to defense

    In addition to focusing on occupancy, the REIT is using AI to combat fraud.

    By • Feb. 16, 2024
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    FTC junk fee proposal lacks ‘utility,’ real estate groups say

    The 11 associations, including the NMHC and NAA, say the rule is “too broad” for multifamily application.

    By • Feb. 16, 2024
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    Michael Young

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    DEALS + STARTS

    One of New York City’s last 421-a properties goes vertical

    The 7 Platt Street tower will add 250 units in the Financial District.

    By • Feb. 8, 2024
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    First settlements in RealPage antitrust suit announced

    AIR and Cushman & Wakefield are working with the plaintiffs in the antitrust case, according to court documents.

    By • Feb. 8, 2024
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    Senators introduce bill to prevent use of algorithms to raise rent

    If passed, the legislation would make rent coordination a violation of the Sherman Act.

    By • Feb. 7, 2024
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    4 takeaways from the NMHC conference

    The association’s packed event in San Diego last week featured lots of commentary about housing supply.

    By • Feb. 6, 2024
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    Is the EV revolution over?

    Despite a sales slowdown, apartment owners and developers should charge ahead with electric vehicle infrastructure, experts say.

    By Amanda Loudin • Jan. 31, 2024
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    Colorado tenant sues Greystar over alleged junk fees

    The former resident claims that the multifamily giant charged tenants illegal and hidden fees for items like pest control, valet trash and billing.

    By • Jan. 22, 2024
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    Where land is scarce and housing is costly, some cities are looking up

    Jurisdictions across the country are relaxing zoning laws to allow for taller multifamily construction.

    By Amanda Loudin • Jan. 19, 2024
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    Colorado management firm fined $1M

    Four Star Realty settled with the state after an investigation into its practice of charging for routine repairs and other services.

    By • Jan. 18, 2024
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    New landlord-tenant laws take effect in California

    Current or upcoming changes include caps on security deposits and credit history restrictions.

    By • Jan. 17, 2024
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    RealPage lawsuit progresses in court

    However, a federal court tossed out a similar student housing antitrust suit.

    By • Jan. 12, 2024
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    Inflation inches up, signaling prospect of extended Fed fight

    The consumer price index last month rose more than anticipated, with gains in the cost of services staying stubbornly high.

    By Jim Tyson • Jan. 12, 2024
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    17 states are cutting income taxes this year

    Among the states with lower tax burdens is Arkansas, where corporate income tax rates are dropping to 4.80% this year from 5.30%.

    By Maura Webber Sadovi • Jan. 9, 2024