On October 2, 2023, the Supreme Court of the United States (SCOTUS) denied certiorari (denied review) in Community Housing Improvement Program v. City of New York, New York (CHIP v. NYC). A decision has not yet been announced for 74 Pinehurst LLC v. State of New York. The National Apartment…
Industry Insider
A weekly newsletter of noteworthy articles pertaining to our industry.
SCOTUS Declines to Hear New York Rent Control Case
By Ayiesha Beverly | October, 2023 | Updated October, 2023
Becoming an Employee Experience (EX) Organization
October, 2023 | Updated October, 2023
Panelists on the 2023 Apartmentalize session, “Becoming an Employee Experience (EX) Organization” discussed the evolving needs of employees in the rapidly changing work environments and explored some fresh strategies for fostering EX cultures.
“Until the last couple of years, companies weren’t…
Managed Wi-Fi, Bulk Wi-Fi and Connectivity Infrastructure
October, 2023 | Updated October, 2023
Rental housing operators have an obligation to supply or facilitate reliable wireless internet service for their communities. With an increasingly mobile workforce, Wi-Fi connectivity has become a necessity for renters. During the 2023 Apartmentalize session, “Ask the Experts: Managed Wi-Fi, Bulk…
Recession Proof Your Company with Marketing and Learning
September, 2023 | Updated September, 2023
It seems counterintuitive that training is often the first thing to go when companies need to trim expenses. It is no secret that a well-trained team is a crucial building block, yet 57% of human resources professionals say that it is among the first budget cuts.
With a potential downturn looming…
Multifamily Starts Continue Decline; Permits Strong
September, 2023 | Updated September, 2023
Multifamily housing starts continued a monthly decline following the release of the latest data from the Census Bureau. Overall, housing starts declined more than 11% from July to August and nearly 15% from August 2022. Buildings with five or more units saw a 41% decline year-over-year.
Moody's…
NAA Releases Sixth Episode of The ApartmentCast
September, 2023 | Updated September, 2023
The Apartmentcast is the official podcast of the National Apartment Association (NAA), the voice of the rental housing industry. Apartmentcast provides ongoing insight from rental housing industry leaders on all things apartments, from leadership to operational strategy to federal advocacy and more…
Don’t Trust, Verify
September, 2023 | Updated September, 2023
It’s no secret that fraudsters are becoming more sophisticated. Websites are dedicated to producing fake paystubs, fabricated IDs and additional altered documentation that can help nonqualified applicants get into an apartment home.
These applicants, naturally, are the most likely to default. That…
Rental Housing Insurance Costs Skyrocket
September, 2023 | Updated September, 2023
Insurance costs are rising for multifamily owner-operators, seen across the country but notably in markets with potentially extreme weather conditions such as earthquakes, fires, floods and hurricanes. Some insurance companies are exiting the areas entirely while others have pressured the rental…
CDC Eviction Moratorium Lawsuit Update
September, 2023 | Updated September, 2023
On September 7, 2023, Darby Development Company, Inc. v. United States was argued before the U.S. Court of Appeals for the Federal Circuit. A three-judge panel was assigned to the case: Judges Kara Stoll, Tim Dyk and Sharon Prost. The appeal is not a new trial; it is focused instead on the…
RangeWater Real Estate Reaches 100,000 Units
September, 2023 | Updated September, 2023
RangeWater Real Estate is now with 100,000 units under management throughout the Southwest and Southeast. This includes multifamily units and build-to-rent (BTR) homes. RangeWater has more than doubled its management portfolio size since 2020—this includes more than 39,000 apartments last year.
“…