Property Management

Are Landlords Using Algorithms to Illegally Fix Rental Prices?
Construction Management Are Landlords Using Algorithms to Illegally Fix Rental Prices?

The U.S. Department of Justice (DOJ) has recently taken a bold step in the fight against potential misconduct in the housing market by filing a lawsuit against six of the nation’s largest landlords. This legal action accuses these landlords of engaging in a price-fixing scheme utilizing RealPage’s

Tower 16 Capital Acquires Yardly McDowell in Phoenix for $46.5M
Construction Management Tower 16 Capital Acquires Yardly McDowell in Phoenix for $46.5M

San Diego-based Tower 16 Capital Partners has secured the acquisition of Yardly McDowell, a 167-unit, build-to-rent (BTR) multifamily property for $46.5 million in Phoenix's West Valley. This purchase marks Tower 16's ninth in the Phoenix area and twelfth in the state of Arizona. Constructed in

Is AI-Powered Rent-Pricing Software Driving Up Atlanta's Rental Costs?
Construction Management Is AI-Powered Rent-Pricing Software Driving Up Atlanta's Rental Costs?

The use of artificial intelligence (AI)-powered rent-pricing programs by RealPage, a property-management software company, has sparked significant debate regarding its impact on rental prices in metro Atlanta. This article delves into the alarming increase in monthly rental costs attributed to

Will REM Token Revolutionize Real Estate Investment with Blockchain?
Construction Management Will REM Token Revolutionize Real Estate Investment with Blockchain?

The real estate industry has long been considered a stable yet complex market, often requiring significant capital and expertise to navigate. However, the advent of blockchain technology is poised to transform this traditional sector, making property investment more accessible and secure. At the

Revitalizing The Grove: Modernizing a 1960s L.A. Apartment Community
Construction Management Revitalizing The Grove: Modernizing a 1960s L.A. Apartment Community

The comprehensive renovation undertaken by VF Developments, LLC—a minority and female-owned firm—at "The Grove," a 1960s-era mid-century modern multifamily apartment community, serves as a testament to the potential of thoughtful, inclusive urban redevelopment. Located in the Congress North

How is Cornerstone Expanding Its Reach in Denver’s Property Market?
Construction Management How is Cornerstone Expanding Its Reach in Denver’s Property Market?

Cornerstone Apartment Services, a prominent property management company based in Denver, has been making significant strides in expanding its presence within the city's property market. The company's recent move to a new headquarters at 500 Kalamath St. in Denver's Baker neighborhood marks a

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