FTC issues warnings to rental software firms on price transparency

A week after settling a lawsuit with rental property management company Greystar, it appears the Federal Trade Commission’s (FTC) involvement in the rental property management space is not waning. On Tuesday, the government regulator announced that it had sent letters to 13 property management softw
Read MoreSummit Sotheby’s International Realty rides high in Utah while giving back

When Thomas Wright entered the real estate world in 1999, he did so without a grand strategy — but with a deep sense of connection to people and place. “I was at a juncture in my life when I could have gone the commercial route or residential, and the residential was just felt like a real calling fo
Read MoreOptimal Blue announces new CFO and CRO

Optimal Blue announced on Monday that it has promoted Lanny Rogers III to chief financial officer and Jeremy Moreno to chief revenue officer. Rogers, a certified public accountant, will oversee financial planning, forecasting and capital allocation as the company expands. He joined Optimal Blue in 2
Read MoreGlut of new supply drags down BTR and multifamily rental rates in the Sun Belt

Rents for both multifamily and single-family built-to-rent units moved sideways over the last year. Still, rents in most major Sun Belt markets are down annually due to a glut of new housing, according to the latest Yardi Matrix National Multifamily Report. Meanwhile, rental growth is typically the
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