The rental management software RentRedi has rolled out the Late Rent Report, a data-powered monthly email designed to help landlords act quickly if rent payments fall behind. In announcing the product, RentRedi noted that one in 10 tenants have been late on rent this...
National apartment rent growth is projected to decline by 0.1% in the fourth quarter of this year, a downward revision of 160 basis points from a previous projection, according to Houseview forecast from CoStar Group (NASDAQ: CSGP). Vacancy is expected to hold at 8.2%...
Apartment rents declined in October with the national average falling to $1,708, a 0.3% dip from September’s revised figure of $1,713, according to data from Apartments.com, a division of CoStar Group (NASDAQ: CSGP). The new data marks the fourth consecutive month of...
New York Gov. Kathy Hochul has unveiled the Housing Acceleration Fund, a $215 million program designed to speed up construction of shovel-ready mixed-income residential projects across her state. The new fund will be administered by New York State Homes and Community...
The real estate investor/operator Waterton has teamed the multifamily developer and manager The NRP Group to acquire an 8.5-acre site in Las Vegas for a 368-unit luxury rental community. The community will consist of two four-story, elevator-serviced multifamily...