WeWork founder Adam Neumann pivots to residential real estate
The former WeWork chief executive officer has accumulated a real estate portfolio in excess of $1B since departing the shared workspace giant in 2019 following a calamitous IPO bid
by Taylor Anderson Jan 4
US median rent rose 11% in 2021 due to inflation
Rents increased 3 times the rate of a normal year, in which rents might rise 3-4% overall, according to a new report from online rental marketplace Dwellsy
Party Squasher targets parties at short-term rentals 'before they rage'
Sensors measure single-family home occupancy in real time and alert property operators
by Andrea V. Brambila Dec 29
How to boost renter engagement with Google Business Profiles
Property managers seeking to gain attention from a wider pool of renters in 2022 have an opportunity to double down on Google Business Profiles, a new study from RentPath shows
by Lillian Dickerson Dec 28
Small, outdoor-friendly rental markets thrived in 2021: RentCafe
As would-be homebuyers opted out of the for-sale market due to harsh market conditions in 2021, renters turned to alternative markets with space and access to nature, a recent year-end study from RentCafe found
by Lillian Dickerson Dec 21
Airbnb has helped house more than 10K Afghan refugees since August
The program to house Afghan refugees for free or at a reduced cost was announced back in August and has met more than half its goal of housing 20,000 refugees
by Lillian Dickerson Dec 20
NYC Council quashes bill to end tenant criminal background checks
The New York City Council refused to vote on Fair Chance for Housing Act, which would prevent landlords from denying tenants based on their criminal records. The bill may go back up for a vote in 2022
by Marian McPherson Dec 16
Aspen skyline from an overlook in the winter
Last week, the city council voted unanimously to put a moratorium on all new construction and short-term rental permits, in an effort to combat the city's increasing lack of affordable housing
by Lillian Dickerson Dec 15
From NFTs to IPOs: The top real estate investment stories of 2021
Proptech's banner year, a couple long-awaited IPOs, surging rent growth and more — here's all the hot Property Portfolio news that hit the presses in 2021
by Lillian Dickerson Dec 14
shaking hands
A good negotiation is all about finding balance, not browbeating the other side into submission. Here's how to negotiate in an effective way that will set you up for continued success in the multifamily sector
by Michael Zaransky Dec 8
Vacation rental giant Vacasa makes its stock market debut
The vacation rental management firm is the latest to go public via a merger with a special purpose acquisition company
by Jim Dalrymple II Dec 7
6 ways landlords can thwart holiday porch pirates, prevent package theft
Package theft is up 36% year over year, to a whopping 210 million stolen packages in the US so far in 2021. Here's how landlords can help their tenants avert potential theft this holiday season
Landlords more likely to respond to renters with white-sounding names
Property managers' lack of response to applicants of color contributes to housing segregation by race, according to a new study by the National Bureau of Economic Research
AI property management startup MeetElise raises $23.5M in Series B
The new funds will go toward hiring, product expansion and the company's movement into adjacent verticals. In total, MeetElise has raised $32 million in funding
rental image
Dubbed 'Rent Payment,' the new tool is free for landlords and managers and is meant to be easier and more secure than conventional payment methods
by Jim Dalrymple II Dec 3
Lessen hits unicorn status with $170M Series B
The new funding pushes Lessen into 'unicorn' status, meaning its valuation has topped $1B. It's the second industry player in November to earn the title
by Craig C. Rowe Dec 1