FBI Searches Headquarters Of One Of America’s Largest Landlords In Criminal Antitrust Investigation The FBI served a warrant on the Atlanta offices of Cortland Management, one of America’s largest landlords, concerning a Department of Justice (DOJ) antitrust investigation into price fixing in multifamily housing. Cortland Management’s website claims the company’s portfolio is worth $218 billion […]
Tag: landlords
Landlords explain why families with vouchers shouldn’t be turned away
Landlords who have worked with housing voucher recipients say they’ve had good experiences with the program, writes our columnist. (Joe Raedle/Getty Images) Ailsa Hayes has been property manager at Country Meadows Residences since 2022. Before she took on her current position, the residential complex already accepted prospective tenants who utilized housing choice vouchers to find […]
Clarkstown accuses 2 landlords of putting immigrants at risk with illegal use of 15 houses
NEW CITY – Clarkstown Supervisor George Hoehmann announced Friday that the town has gone to court to shut down 15 residences that officials say are illegally converted into unsafe dwellings, housing too many people and rife with safety violations. The town is seeking state Supreme Court court orders to get the properties vacated. The next […]
Nearly 30 landlords have rejected a homeless mom of 2 looking for an apartment. It shows a major crack in the housing voucher system.
An aerial view shows homes on December 20, 2023 in Jesup, Iowa. In 2021, Iowa passed a law barring cities and counties from protecting voucher holders from overt discrimination by landlords.Scott Olson/Getty Images Stephanie Quinn was forced to move out of her Farley, Iowa, apartment this spring. Quinn’s Section 8 voucher and her children’s schooling […]
California could bar landlords from banning pets at some buildings. Which renters are affected?
Landlords at medium and large rental properties could no longer ban pets without a good reason under legislation that moved through the Assembly this week. The bill was originally aimed at helping most tenants with pets. But powerful housing interests got some big changes made. The housing groups pushed Assemblyman Matt Haney, D-San Francisco, the […]
Spokane landlords may soon no longer ban air conditioning units during the worst summer heat
May 20—A new law under consideration would make it illegal for landlords to ban tenants from installing air conditioning units in Spokane rentals during dangerously hot weather. Some advocates for renters, however, worry that the proposed ordinance sponsored by City Council President Betsy Wilkerson and Councilwoman Kitty Klitzke has too many loopholes to help those […]
Topeka council gives tenants protection from landlords
TOPEKA (KSNT) — Topeka city leaders have approved an ordinance that gives tenants more protection from their landlords. At Tuesday’s city council meeting, the council members voted to pass an amendment to its retaliatory eviction ordinance, changing the way the city ordinance is written. The ordinance said tenants may be scared to defend their rights […]
After $2 million judgment, court orders KC landlord’s properties liquidated at auction
In 2019, Oliver Abnos sued one of his midtown Kansas City tenants for $2,400 in unpaid rent. It didn’t go as planned. The tenant, Larhonda Jones, responded by filing a counterclaim against Abnos and one of his maintenance employees, whom she alleged had sexually assaulted her on a visit to fix her toilet. In a […]
Buyouts of Delinquent Commercial Real Estate CLO Loans Jump 210% as Multifamily Landlords Struggle
(Bloomberg) — As delinquencies on multifamily mortgages pile up, lenders who had bundled those borrowings into securitizations known as commercial real estate collateralized loan obligations are racing to stave off trouble. Most Read from Bloomberg To keep the share of bad loans from spiking too high — a development that would cut the issuers off […]
DC residents sweltering before apartment landlords switch to air conditioning
WASHINGTON (DC News Now) — With temperatures hitting 90 degrees across the area, many people living in rent-controlled apartment buildings in D.C. are sweltering without air conditioning. That’s because D.C. law says the switch to A/C isn’t required until May 15. How Washingtonians are beating the spring heat The switch from heat to air conditioning […]
How long can landlords legally take to make repairs? Here’s what a Sacramento attorney says
Reality Check is a Sacramento Bee series holding officials and organizations accountable and shining a light on their decisions. Have a tip? Email realitycheck@sacbee.com. You stare at your broken air conditioning unit as hot, summer air creeps into your Sacramento apartment. The AC hasn’t been working despite multiple maintenance requests to your landlord. With temperatures […]
Spokane City Council will consider requiring 4 to 6 months’ notice before landlords can raise rent by much
Apr. 22—Landlords in Spokane will have to warn tenants 120 or 180 days in advance before raising rents if an ordinance proposed Monday is passed on April 29 by the City Council. Washington doesn’t have rent control, but state law has required a minimum of 60-day notices for rent increases since 2019. If the ordinance […]