Julie Strupp

Algorithmic rent pricing lawsuits continue to play out, but they're not the only major litigation impacting the housing world.

The 21st Century ROAD to Housing Act is desperately needed, Rep. Josh Harder told Multifamily Dive. “I think it's going to do a tremendous amount of good.”

LV Collective’s first-ever Chief Design Officer Chelsea Kloss said she hopes her new role demonstrates how designers can bolster the financial success of an apartment property.

The new suit alleges that the firms violated the city’s ban on using algorithmic pricing software to set rents. They have both faced similar legal challenges in the past.

Gateway and Midwest apartment markets drove the rent price increase, while Sun Belt metros saw negative growth, according to the real estate data firm.

The apartment segment lifted total new housing construction numbers, per HUD and the U.S. Census Bureau, but elevated mortgage rates and construction costs weigh on homebuilders.

With the 21st Century ROAD to Housing now law, there are a number of outstanding questions about implementation and compliance for multifamily pros, experts say.

The apartment manager is accused of misleading renters about costs and overcharging for utilities, according to a lawsuit from a former tenant.

The South saw the most apartment deliveries overall, while the Northeast recorded the biggest increase in high-density construction, per the National Association of Home Builders’ analysis of the Census Bureau’s annual Survey of Construction.

In its second-quarter earnings call, the Colorado-based apartment REIT announced that it is letting its debt and preferred equity program sunset.