The MRI H!GH 5: Weekly Property Management News
With all the various industry news publications out there, staying in the loop can be a daunting task. That’s why each week in the H!GH 5, we will be selecting the most relevant and important news articles in the property management and real estate industry. Check back every Friday for the latest list of top stories.
Here’s our list of top property management news articles for the week of February 21, 2016:
- Multifamily Deals Get Riskier (Author- Kelsi Maree Borland, GlobeSt.com)
As the multifamily market becomes more competitive, investors are taking bigger risks. Industry experts like Max Sharkansky worry that these investors are not pricing the risk of an economic downturn into these deals. GlobeSt.com has the exclusive interview with the managing partner of Trion Properties where he discusses strategy, competitive norms, and expectations for 2016.
- In a Nutshell: Multifamily and the President’s Budget Proposal (National Multifamily Housing Council)
The final budget proposal was released for 2017 earlier this month and a number of critical issues that would impact the multifamily industry were addressed in it. Though the chance of being enacted is small, there is still an opportunity for certain provisions to become separate legislative proposals. NMHC breaks down the proposal and explains everything we need to know.
- Rental Fraud and an Idea on How to Prevent It- A Guide for All Property Owners (Author- Marina Shlomov, REIClub.com)
Rental fraud is increasing and scammers are renting out other people’s properties, causing major problems for tenants and landlords. It’s more important now than ever to take the steps to prevent this type of fraud from occurring. Marina Shlomov gives us a few ways to avoid letting this happen to you.
- The Reality Of The Commercial Real Estate Boom (Author- Neil Howe, Forbes)
The commercial real estate industry is seeing a downward trend, and forecasters are predicting little to no growth in commercial property prices this year. This is a far cry from the major comeback that was predicted in the past few months. Neil Howe explains why the commercial real estate industry maybe ne in trouble.
- Barry On Affordable: ‘Not One Size Fits All’ (Author- Paul Bubny, GlobeSt.com)
In 2015, Bank of America Merrill Lynch Community Development Banking established a 12-month record for equity and lending, and completed its largest transaction. Led by Maria Berry, more than 1,400 public housing units will be turned into sustainable low-income housing. GlobeSt.com gets Barry’s opinion on affordable housing issues and what she expects in the future.
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