Landlord–tenant law

Obligo Launches Lease Renewal Incentive Program

Retrieved on: 
Wednesday, April 7, 2021
Articles, Landlord–tenant law, Law, Contract law, Legal documents, Property law, Landlord, Real property law, Lease, Private law

Landlords who participate in the program will be offering a simple perk to their renters: receive your deposit back upon renewal.

Key Points: 
  • Landlords who participate in the program will be offering a simple perk to their renters: receive your deposit back upon renewal.
  • In a national survey conducted by Obligo, this renewal offer was shown to be more effective than a 3% concession on annual rent.
  • Obligo helps property owners and managers optimize lease renewals with carefully timed, automated email and text communications, keeping renters engaged throughout their decision making process.
  • Our renewal incentive program provides renters with the cash they need, while giving owners enhanced protection and increased NOI."

Q1 Roundup -- Modiv Completes Three Lease Renewals

Retrieved on: 
Tuesday, April 6, 2021
Contract law, Landlord–tenant law, Articles, Law, Economy, Leasing, Real property law, Business law, Warranty, Leasehold estate, Lease, Northrop Grumman

A five-year lease renewal for a 107,419-square-foot office in Melbourne, Florida with Northrop Grumman, a prominent aerospace and defense company.

Key Points: 
  • A five-year lease renewal for a 107,419-square-foot office in Melbourne, Florida with Northrop Grumman, a prominent aerospace and defense company.
  • A five-year lease renewal with Dollar General, a market-leading national variety store, for a 9,026-square-foot retail property in Castalia, Ohio.
  • These lease renewals reflect the strength of our tenants, the quality of our portfolio and the ability of our team to consummate transactions during these uncertain economic times, said Aaron Halfacre, CEO of Modiv.
  • Accordingly, Modiv makes no representation or warranty, express or implied, about the accuracy of any such forward-looking statements contained hereunder.

5G and IoT Accelerates the Global Electronics Test & Measurement Rental and Lease Market - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 6, 2021
Technology, Other Manufacturing, Other Technology, Manufacturing, Articles, Science and technology, Technology, Business law, Contract law, Landlord–tenant law, Emerging technologies, Lease, Property law, 5G, Internet of things

The "5G and IoT Accelerates the Global Electronics Test & Measurement Rental and Lease Market" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "5G and IoT Accelerates the Global Electronics Test & Measurement Rental and Lease Market" report has been added to ResearchAndMarkets.com's offering.
  • The global electronics test & measurement rental and lease market comprises the companies and end users that opt for procuring new and used general-purpose electronics test & measurement instruments through rental or lease financing options.
  • Even though several factors drive the market, the penetration of the rental and lease model in the global electronics test and measurement market is still low.
  • This report is focused on assessing the current and future potential of the rental and lease market.

Bridge Investment Group Launches Bridge Industrial Net Lease Strategy

Retrieved on: 
Tuesday, April 6, 2021
Other Construction & Property, Commercial Building & Real Estate, Construction & Property, REIT, Leasing, Articles, Real property law, Property, Commercial real estate, Economy, Landlord–tenant law, Contract law, Net lease, Lease, the Bridge Industrial Net Lease team, Bridge Investment Group

Bridge Investment Group LLC (Bridge) today announced the launch of its industrial net lease strategy (Bridge Industrial Net Lease), which aims to focus on acquiring attractively priced mission critical industrial net lease real estate scaled for diversification and durable income in prime U.S. growth markets.

Key Points: 
  • Bridge Investment Group LLC (Bridge) today announced the launch of its industrial net lease strategy (Bridge Industrial Net Lease), which aims to focus on acquiring attractively priced mission critical industrial net lease real estate scaled for diversification and durable income in prime U.S. growth markets.
  • Within this new strategy, Bridge will leverage its nationwide real estate platform and deep in-house operating platforms, which is expected to enable Bridge Industrial Net Lease to efficiently acquire, manage, re-lease, and maximize returns in stabilized industrial assets for the strategy.
  • To lead this new strategy, Bridge appointed the Bridge Industrial Net Lease team, which has a combined 70 years of experience in the real estate and finance industries collectively.
  • On the appointment of the Bridge Industrial Net Lease team, Morse said: We are thrilled to welcome Mike, Matt, Brandon and James to the Bridge team.

NCLA Asks NJ Appellate Court to Halt Governor’s Unlawful Interference with Rental Contracts

Retrieved on: 
Tuesday, April 6, 2021
Law, Landlord–tenant law, Articles, Legal systems, Real property law, Land tenure, Leasing, Property law, Leasehold estate, Real property, Lease

The order undermines property rights by suspending existing laws governing residential leasehold contracts and depriving property owners of security against property damage caused by tenants.

Key Points: 
  • The order undermines property rights by suspending existing laws governing residential leasehold contracts and depriving property owners of security against property damage caused by tenants.
  • NCLA represents small property owners who have fallen victim to Governor Murphys unlawful order.
  • The appellants in this case are ordinary people who are also struggling financially as a result of the pandemic.
  • NCLA urges the court to restore the rule of law, on which both New Jersey housing providers and tenants depend, by declaring EO 128 unlawful.

All County Property Management Expands to West Los Angeles, California

Retrieved on: 
Thursday, April 1, 2021
Contract law, Law, Articles, Legal systems, Landlord–tenant law, Property management, Lease, Property law, Real property, Franchising

The creators of All County Property Management today are proud to announce they are expanding service to the West Los Angeles area.

Key Points: 
  • The creators of All County Property Management today are proud to announce they are expanding service to the West Los Angeles area.
  • All County Grande Hills Property Management is now one of the 55+ franchisees of one of the world's best and most comprehensive franchises in property management.
  • All County property managers are experts in property management, from marketing and tenant screening to lease negotiation, rent collections, and maintenance.
  • For more information about All County Franchise, please visit AllCountyFranchise.com
    View original content to download multimedia: http://www.prnewswire.com/news-releases/all-county-property-management-e...
    SOURCE All County Property Management Franchise Corp.

Cap Rates For Net Lease Retail and Industrial Reach New All-Time Low

Retrieved on: 
Thursday, April 1, 2021
Real estate, Finance, Articles, Leasing, Real property law, Commercial real estate, Landlord–tenant law, Capitalization rate, Real estate valuation, Lease, Net lease

1, 2021 /PRNewswire-PRWeb/ --The Boulder Group announced the release of its 1st Quarter Net Lease Research Report today.

Key Points: 
  • 1, 2021 /PRNewswire-PRWeb/ --The Boulder Group announced the release of its 1st Quarter Net Lease Research Report today.
  • In the first quarter cap rates in the single tenant net lease sector reached historic lows for the retail and industrial sectors.
  • Single tenant retail cap rates compressed by 9 basis points to 5.91%, while industrial compressed by 4 basis points to 6.71%.
  • Office cap rates increased by 5 basis points to 6.95%
    "Cap rate compression for retail and industrial assets can be best attributed to investor demand for secure cash flow streams" says Randy Blankstein, President, The Boulder Group.

AMERISAFE Announces 2021 First Quarter Earnings Release and Conference Call Schedule

Retrieved on: 
Monday, March 29, 2021
Professional services, Insurance, Human resources, Corporate crime, Economy, Finance, Money, Eviction, Forced migration, Housing, Landlord–tenant law, Insurance, Consumer Financial Protection Bureau, Landlord, Federal Trade Commission

AMERISAFE, Inc. (Nasdaq: AMSF), a specialty provider of workers compensation insurance focused on high hazard industries, today announced it will release its 2021 first quarter financial results on Thursday, April 29, 2021 after the market closes.

Key Points: 
  • AMERISAFE, Inc. (Nasdaq: AMSF), a specialty provider of workers compensation insurance focused on high hazard industries, today announced it will release its 2021 first quarter financial results on Thursday, April 29, 2021 after the market closes.
  • In conjunction with the release, the Company has scheduled a conference call which will be broadcast live over the Internet on Friday, April 30, 2021 at 10:30AM Eastern time.
  • AMERISAFE, Inc. is a specialty provider of workers compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, manufacturing, and agriculture.
  • AMERISAFE actively markets workers compensation insurance in 27 states.

FTC Provides Guidance for Consumers, Businesses on Preventing Evictions

Retrieved on: 
Monday, March 29, 2021
Housing, Eviction, Forced migration, Landlord–tenant law, Consumer Financial Protection Bureau, Homelessness, Centers for Disease Control and Prevention, Government agencies, Economy, Government

The Federal Trade Commission has provided guidance for consumers and businesses related to the national moratorium on evictions during the pandemic, which was extended today by the Centers for Disease Control and Prevention (CDC).

Key Points: 
  • The Federal Trade Commission has provided guidance for consumers and businesses related to the national moratorium on evictions during the pandemic, which was extended today by the Centers for Disease Control and Prevention (CDC).
  • A recent Consumer Financial Protection Bureau (CFPB) report showed that more than 8.8 million Americans are behind on rent payments.
  • The tenants at risk of homelessness are disproportionately people of color, primarily Black and Hispanic families.
  • Guidance to Consumers

    In a new blog post issued today, the FTC provides guidance for the millions of consumers who are currently behind on rent payments as a result of the ongoing pandemic.

FTC Provides Guidance for Consumers, Businesses on Preventing Evictions

Retrieved on: 
Monday, March 29, 2021
Housing, Eviction, Forced migration, Landlord–tenant law, Consumer Financial Protection Bureau, Homelessness, Centers for Disease Control and Prevention, Government agencies, Economy, Government

The Federal Trade Commission has provided guidance for consumers and businesses related to the national moratorium on evictions during the pandemic, which was extended today by the Centers for Disease Control and Prevention (CDC).

Key Points: 
  • The Federal Trade Commission has provided guidance for consumers and businesses related to the national moratorium on evictions during the pandemic, which was extended today by the Centers for Disease Control and Prevention (CDC).
  • A recent Consumer Financial Protection Bureau (CFPB) report showed that more than 8.8 million Americans are behind on rent payments.
  • The tenants at risk of homelessness are disproportionately people of color, primarily Black and Hispanic families.
  • Guidance to Consumers

    In a new blog post issued today, the FTC provides guidance for the millions of consumers who are currently behind on rent payments as a result of the ongoing pandemic.