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Employee Spotlight – David Rosenfeld, Senior Leasing Agent

Bay Property Management Group

Today, we proudly introduce David Rosenfeld, Senior Leasing Agent for BMG. Meet David Rosenfeld, Senior Leasing Agent In David’s role as a senior leasing agent, he finds qualified renters to place in properties throughout Baltimore City and County. David graduated from the University of Maryland in 2009.

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Rents Rise Slightly For Second Month In A Row

Rental Housing Journal

March saw national rents rise slightly for the second month in a row, according to Apartment Lists April report. In dollar terms, the national median monthly rent now stands at $1,384, up $8 per month compared to last month, but down $5 compared to March 2024, according to the report from the Apartment List Research Team.

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Affordable Rentals Vanish: Sub-$1K Apartments Now Just 7.5% of Market

American Apartment Owners Association

An accelerating surge in apartment rents is tightening the squeeze on the most affordable segments of the U.S. According to a new report from Redfin, renters seeking apartments under $1,000 a month are increasingly struggling to relocate as rising costs force them to stay in place longer and the number of new listings continues to dwindle.

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Seattle Hires Law Firm To Defend Against Landlord Lawsuit

Rental Housing Journal

The City of Seattle has hired a law firm to defend against a Seattle real estate investor suit alleging the city “destroyed” its ability to sustainably operate an affordable apartment property in the Chinatown International District, according to reports. The city has retained the law firm Bryan Cave Leighton Paisner.

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The Property Manager’s Guide to Rental Property Laundry

Lula

Enhancing Rental Properties with Efficient Laundry Facilities When I was viewing my current apartment for the first time, before I had even seen a rental agreement, I was elated to learn that use of the onsite laundry facility was provided free of charge. For those of you who manage single-family homes, hang on! (For

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National Rent Growth Flips Positive In February

Rental Housing Journal

National rent growth flipped back to positive in February for the first time since July 2024, according to the March report from Apartment List. As new apartment completions decline, the vacancy index could begin to tighten again, but for now, were still seeing vacancies rise, even as rent declines gradually moderate, the research team says.

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Fannie Mae Expands Initiative to Increase Housing Access for Voucher Holders

American Apartment Owners Association

Launched in April 2022 and extended through April 2026, the Expanded Housing Choice (EHC) initiative was created to expand opportunities for HCV holders by incentivizing borrowers who accept the vouchers as a valid source of income.