The Apartment and Office Building Associate (AOBA) of Metropolitan Washington held its Annual Meeting, which honored 2023 and 2024 recipients of Outstanding Associate Member of the Year and Sidney Glassman Memorial Awards. 2023 Outstanding Associate Member of the Year Award The Outstanding... Continue Reading
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Reporting by media outlets often frames the eviction process as a tool utilized by housing providers to increase profit margins. But the data show that this framing is factually incorrect. Evictions are expensive for housing providers to pursue and represent a sunk cost that cannot be recovered.... Continue Reading
Fraud is a growing problem facing rental housing providers. The digital age has brought about new tools available to those who might take advantage to the detriment of other community members. For years, the industry has been dealing with online businesses offering fraudulent documentation of... Continue Reading
Fraud is a growing problem facing rental housing providers. The digital age has brought about new tools available to those who might take advantage to the detriment of other community members. For years, the industry has been dealing with online businesses offering fraudulent documentation of... Continue Reading
According to new Census data, nearly half of all renters in the Washington metropolitan area are now considered housing cost burdened. And despite a sharp drop-off in rent growth since the pandemic (November marked the fourth consecutive month of negative rent growth,) the region seems to be... Continue Reading
According to new Census data, nearly half of all renters in the Washington metropolitan area are now considered housing cost burdened. And despite a sharp drop-off in rent growth since the pandemic (November marked the fourth consecutive month of negative rent growth,) the region seems to be... Continue Reading
According to new Census data, nearly half of all renters in the Washington metropolitan area are now considered housing cost burdened. And despite a sharp drop-off in rent growth since the pandemic (November marked the fourth consecutive month of negative rent growth,) the region seems to be... Continue Reading
The Apartment and Office Building Association of Metropolitan Washington (AOBA) congratulates the distinguished winners of the 2023 Commercial Awards, including K.E.E.P. (Knowledge and Excellence in Emergency Preparedness), Engineer of the Year, and TOBY (The Outstanding Building of the Year). The... Continue Reading
With rent levels dominating so much of the political discussion these days, there seems to be a prevailing misconception that housing providers are rolling in cash while residents struggle in our current inflationary economy. Contrary to this sentiment, the rental housing industry, which is... Continue Reading
With rent levels dominating so much of the political discussion these days, there seems to be a prevailing misconception that housing providers are rolling in cash while residents struggle in our current inflationary economy. Contrary to this sentiment, the rental housing industry, which is... Continue Reading
With rent levels dominating so much of the political discussion these days, there seems to be a prevailing misconception that housing providers are rolling in cash while residents struggle in our current inflationary economy. Contrary to this sentiment, the rental housing industry, which is... Continue Reading
The Washington metropolitan region’s housing supply deficiency is well-documented. According to the National Apartment Association (NAA) and the National Multifamily Housing Council (NMHC), we need to build 7,000 apartments per year just to keep pace with demand and not fall further behind... Continue Reading