Secondary Market Rents Soar While Primary Markets Plummet By the Editors of the Rental Housing Journal

Secondary market rents are growing as rent growth is varying across markets as the divide between gateway and secondary metros continues to increase with the pandemic, according to the October report from Yardi Matrix. “With each passing month, outmigration from large gateway markets to secondary and tertiary tech hubs is amplifying. At this point, the apparent…

Justice Department Sues Los Angeles Property Manager and Owners for Sexual Harassment- By The Editors of the Rental Housing Journal

The U.S. Department of Justice has sued the property manager and owners of Los Angeles apartment buildings near MacArthur Park alleging that female tenants in the buildings were subjected to sexual harassment and retaliation in violation of the federal Fair Housing Act, according to a release. The suit alleges that [the] property manager sexually harassed…