Summit County officials call short-term rental conversion ideas a ‘starting point’

Short-term rental properties in the Copper Mountain Resort village are pictured Aug. 13. Community leaders are discussing strategies that would incentivize owners of short-term rentals to convert their properties into long-term housing through the use of opportunity zones. These zones would target areas traditionally occupied by locals and not areas like Copper Mountain or Keystone.
Photo by Ashley Low

When the Summit Alliance of Vacation Rental Managers put together its Welcome Workforce program, President Toby Babich said the document was meant to be a catalyst for getting the countywide conversation started about how short-term rental owners could be incentivized to convert their units into long-term housing for locals.

The document detailing suggestions — including monthly subsidies, property tax exemptions and complimentary nights of lodging — was shared with Summit County staff earlier this month, and during a Summit Board of County Commissioners work session meeting Tuesday, Aug. 24, elected officials

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Trying For Redmond, Wa Area Houses?

Boasts a median age of inventory of solely 38 days, adopted by quick-selling markets of Stockton-Lodi, Calif., with 43 days, and San Francisco with 44 days.

california real estate sales news

@properties, the biggest independently-owned actual estate brokerage firm in the city of Chicago, has joined Chicago-based Main Real Property Companies of the World® (LeadingRE), introduced Michael Golden and Thaddeus Wong, co-founders of @properties. The provisions relating to mortgage of property are contained underneath Sections 58 to 104 of the Transfer of Property Act 1882. Part 58 of the Act particularly defines the meaning of mortgage and different related phrases, based Angel the Real Estate on which, mortgage means the switch of an interest in particular immovable property for the aim of securing fee of cash advanced or to be superior, by way of loan or an existing or future debt. The transferor is known as a mortgagor, the transferee … Read the rest

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Property manager says the eviction system was lacking

Rachel DeCamp manages 500 properties and believed the program would have been helpful if it was explained to renters.

JACKSONVILLE, Fla. — It was a ruling by the Supreme Court Rachel DeCamp was closely watching and waiting for. 

As a property manager, she knows the effects ending the eviction moratorium will have on renters, but she’s also concerned about her property owners – some of whom she says haven’t been paid for 8 months or more. 

“It just seemed like the system was lacking to perform for the benefit of keeping that owner and that tenant together,” she told First Coast News. 

DeCamp has issues with how the program was rolled out, including what she says was a lack of timely financial resources given to the tenants. “If they started with the rental assistance first, I think that would have helped us better than setting this moratorium,” she said.

She

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Wanting For Redmond, Wa Area Houses?

Unlike overseas cities like New York and London where the unsold inventory is quite marginal, the actual fact is that the variety of unsold items is comparatively high in Ahmedabad.

real estate express

In commercial actual property, you will undertake quite a lot of displays, in a variety of circumstances. Dear reader, if there is one factor you be taught from me, it is this: What we learn within the newspaper or see on the information concerning the financial system has already been discounted (taken into consideration) by the world’s smartest investor, the inventory market. For instance, the inventory market predicted the future in the actual estate market in 2005, when the Dow Jones U.S. construction Angel the Real Estate index (an index comprising the world’s biggest new homebuilders) topped out. Find out the variety of houses sold by an agent. This is the place it takes experience. You don’t … Read the rest

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The Peabody Companies Announces Kerry Anne Dervil as Senior Property Manager

Kerry Anne Dervil

BRAINTREE, TAUNTON, MA- The Peabody Companies, a property management and real estate firm, has announced Kerry Anne Dervil of Taunton, Mass., as a senior property manager.

In this role she is responsible for the physical, financial, and administrative operations of the buildings within her portfolio, including day-to-day site property duties, resident relations, budgetary analysis and staff supervision, training, and development.

Dervil joins the Peabody Companies with extensive experience in the property management industry, most recently with First Realty Management in Boston. She holds a C10P Tax Credit Certification, an Associate in Risk Management (ARM™) designation, a Fair Housing Compliance (FHC) certificate, and a National Affordable Housing Professional Executive (NAHPE) certificate.  She is a Specialist in Housing Credit Management (SHCM) and a Certified Property Manager (CPM), as well as a notary public for the commonwealth of Massachusetts.

A graduate of Fisher College with an associate degree in

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Kentucky property manager, wife to pay $48,000 |

A Kentucky property manager and his wife have agreed to pay $48,000 in a case in which he was accused of sexually harassing female tenants at an apartment building she owned.

Gus and Penny Crank also agreed to pay a $2,000 penalty to the federal government, according to the court record.

Penny Crank co-owned a small apartment building in Dayton, in Northern Kentucky, and her husband managed it, collecting rent and making repairs, according to court records.

The U.S. Department of Justice filed a lawsuit against the couple under the federal Fair Housing Act in March 2019 alleging that Gus Crank had subjected women in the apartments to “severe, pervasive” sexual harassment.

Crank asked tenants to perform oral sex or other sex acts in order to keep their apartments; made sexual comments to them and touched them; coerced women into sexual contact; offered to cut tenants’ rent in exchange for

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North Texas Property Management Announces New Post on Property Management in Plano Texas and the Importance of Teamwork

North Texas Property Management announces post. Successful property management companies in Plano, Texas, follow a clear game plan for managing rental homes.

You hear the old saying ‘teamwork makes the dream work,’ and we couldn’t agree more. Our professional property management team knows real success takes building great relationships.”

— Jason Marascio

PLANO , TEXAS, UNITED STATES, August 26, 2021 /EINPresswire.com/ — North Texas Property Management, a best-in-class team of Texas property managers at https://www.ntxpm.com/, is proud to announce a new post. Great synergy may be the answer to a successful property investment plan. Collaborating with one of the best local property management companies in Plano, Texas, could bring noteworthy results.

“You hear the old saying ‘teamwork makes the dream work,’ and we couldn’t agree more. Our professional property management team knows real success takes building great relationships with the property investor,” explained Jason Marascio, CEO

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Plentific cements $100M to expand its property management SaaS – TechCrunch

London based Plentific, which operates a marketplace SaaS platform targeting the property management space, has closed a $100 million Series C. The funding round is led by new investors Highland Europe and Brookfield Technology Partners — the VC arm of the eponymous real estate giant — along with Mubadala Investment Company and RXR Digital Ventures, as well as existing investors A/O PropTech and Target Global.

The 2013-founded startup provides a cloud platform for landlords, property and facilities managers, and service providers — taking aim at legacy software with a joined-up digital marketplace for locating tradespeople, managing repairs, keeping tenants informed and generating analytics to support data-driven property service delivery. 

Live in the U.K., Germany and the U.S., it says the new financing will go on significantly growing its presence in the U.S. as well as further global expansion. Its total equity raised to date with this latest round is

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VB man awarded Civil Air Patrol’s national property management award

VIRGINIA BEACH, Va. (WAVY) — A Virginia Beach man has been recognized the Civil Air Patrol with the 2021 Property Manager of the Year Award at CAP’s national conference this month.  

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Maj Warnock was named the recipient of the award for his contributions to the CAP property management program. He served as the Virginia Wing Property Manager and Logistics Officer from August 2017 through April 2021.

“In his role as the wing logistics officer, Maj Warnock greatly exceeded wing and national requirements and expectations,” said Colonel Liz Sydow, the Virginia Wing commander. “This award is well deserved and brings great credit to himself, his community, state, and nation.” 

He was responsible for Wing-level audits and inspections. In addition, he played a major role in preparing and executing wing and group-level annual revalidations and the week-long youth leadership training for four

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Inhabit IQ Adds ResMan to its Suite of Solutions for Property Managers | Texas News

KNOXVILLE, Tenn., and PLANO, Texas, Aug. 27, 2021 /PRNewswire/ — Inhabit IQ®, a unique collective of tech-forward products serving the residential, commercial and vacation rental management industries, and ResMan®, a leading property management SaaS platform provider, today announced that Inhabit IQ has added ResMan to its suite of solutions for multifamily and commercial property management. Terms of the transaction were not disclosed.

Inhabit IQ has added ResMan to its suite of solutions for multifamily and commercial property management.

ResMan offers an industry-leading property management platform that helps residential and commercial real estate managers operate more efficiently, thereby benefitting residents, managers and owners. The company’s technologies provide end-to-end visibility into both front- and back-office operations, including accounting, budgeting, maintenance, reporting, and end-to-end leasing, among other unique capabilities.

This transaction will give Inhabit IQ a core residential-focused property management solution, while further expanding Inhabit IQ’s presence in the affordable housing

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