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Vacation Home Market On the Up and Up

Vacation Home Market On the Up and Up

Posted on 14. Jan, 2011 by .

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For a number of reasons, vacation rental sales are booming in the United States. This comes as interesting news in a housing market that has recently been marked by depressed activity.

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Officials Burn Down CA Rental Property Packed with Explosives

Officials Burn Down CA Rental Property Packed with Explosives

Posted on 15. Dec, 2010 by .

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Thursday Dec 9th, San Diego officials burn down an Escondido, CA house rented by George Jakubec.

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Apartment Markets Improve in Texas

Apartment Markets Improve in Texas

Posted on 23. Nov, 2010 by .

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Property managers in Texas have noticed an increase in the demand for multifamily rental units due in part to the seemingly resilient state economy. Nationwide the property management industry has noticed a rise in demand for rental properties due to people leaving homes with heavy mortgages.

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White House Holds Rental Housing Conference

White House Holds Rental Housing Conference

Posted on 29. Oct, 2010 by .

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The White House’s Rental Housing Policy Group, hosted the all day conference that took place Wednesday, October 13th. Everyone gathered to propose what they thought the government could do over the next 5 years to make the rental housing market a “viable choice for American households for whom home ownership is not an option.”

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Home Condemned, Couple Arrested for Hoarding 76 Dogs

Home Condemned, Couple Arrested for Hoarding 76 Dogs

Posted on 21. Oct, 2010 by .

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Several animal hoarding cases have been reported in the past several months in the East Tennessee area. Suspecting animal cruelty, officials entered the home of couple James Edward Cagle, 67 and Glenda Marie Cagle, 64 on Neubert Springs Road in South Knoxville to find animals hiding in the wall panels.

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6 Million Sq Ft Property Management Take Over

6 Million Sq Ft Property Management Take Over

Posted on 19. Oct, 2010 by .

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Unico Properties of Seattle, WA will now manage the real estate previously held by ScanlanKemperBard. SKB is known as one of the largest real estate investment companies in Portland, OR and contacted Unico several months ago to look into its “operational efficiency” said John Lamb, the CFO and senior VP of Property Management at Unico.

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Commercial Property Owners Default on Loans

Commercial Property Owners Default on Loans

Posted on 30. Sep, 2010 by .

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Is it okay to walk away from a mortgage when the property value plummets? Corporate executives are making the tough decision. We saw this happen in the residential real estate market when property managers who were home owners were forced to hand over their assets when they got behind on their bank loans.

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Sky Scraper To Rival Empire State Building

Sky Scraper To Rival Empire State Building

Posted on 02. Sep, 2010 by .

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This Wednesday, the City Council approves the construction project to build a tower 1,200 feet high in New York City. With the support of Mayor Michael Bloomberg, development company Vornado Realty Trust is moving forward with the plans to construct a high-rise building at 15 Penn Plaza.

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The Downturn’s Upside: Low Income Housing

The Downturn’s Upside: Low Income Housing

Posted on 06. Aug, 2010 by .

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In Seattle’s U District, there were plans to build a boutique hotel but with the economic downturn those plans were scrapped. Instead, the Low Income Housing Institute swooped in to purchase the project and create affordable housing.

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Property Manager Fined $85K for Breaking Lead Paint Law

Property Manager Fined $85K for Breaking Lead Paint Law

Posted on 22. Jul, 2010 by .

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Boston landlord, John C. Jones, is being fined almost $85,000 for failure to properly disclose the presence of lead paint to his tenants.

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