In the world of co-ops, condos, and HOAs, management plays a slightly different role than it does in other multifamily residential settings. For example, in many rental buildings, the landlord or property owner often acts as de facto manage…

Over the past few years, nearly all property owners, including shared interest communities, have seen sharp increases in their insurance premiums. That costs have spiraled and coverage gotten harder to obtain is obvious; the questions are, …

As the climate crisis has worsened, governments at the federal, state, and local level have made attempts to legislate solutions. While necessary, that three-pronged approach can often make compliance a complicated process for multifamily b…

With the recent passage of legislation extending key provisions of the Tax Cuts and Jobs Act (TCJA), the debate over who benefits most from the U.S. tax code has once again come into focus. Originally passed in 2017, the TCJA lowered indivi…

The National Housing Conference (NHC)’s Paycheck to Paycheck database is a free tool illustrating "the ability – or lack thereof – of working families to purchase or rent a home in metropolitan areas across the country by comparing wage…

Keeping lobby spaces attractive and up-to-date often requires more than a fresh coat of paint and seasonal floral arrangements. One key component is the lobby décor; the furniture and furnishings that fill out the space and make it appealin…

Q. What would it entail to separate two buildings that make up one condo association into two separate condo associations? There are strong differences within our board on how to run the association, and there is a less than zero chance o…

Q. I am a director on the board of our condo association. We had a budget meeting last night, and the new budget with increased monthly dues was passed by 4 ‘yes’ votes and 3 ‘no’ votes. The meeting was adjourned and meeting minutes were …

Self-managed communities large and small can save a considerable amount of money by bypassing third-party management and handling their day-to-day business in-house. This means the board must take on the tasks and responsibilities that comm…

A multifamily building or association is like a small city in many ways; there’s always something happening beneath the surface, from budgets being drafted to maintenance being scheduled, to vendor contracts being reviewed. To the residents…