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State of the US Multi Family Housing Market in 2020

State of Multi-Family Housing in 2020 The past couple of months have been a very difficult period for the multi-family household sector. In April and May of 2020, investments into multi-family properties have fallen off dramatically. In fact, the deal volume for multi-family homes in the last two months is lower than any two month period in the past decade…

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Coronavirus Tests Strength of Campus Student Housing Investments

Coronavirus Tests Strength of Campus Student Housing Investments By Rusty Tweed Coronavirus Tests Student Housing Investments In the wake of the coronavirus pandemic, causing the incredible amount of school closings involved, the campus student housing market is in a real struggle for survival. Even prior to the pandemic, the student housing sector has been in decline for several years due…

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Los Angeles Approves $100 Million in Pandemic Rent Relief

Los Angeles Approves $100 Million in Pandemic Rent Relief By Rusty Tweed   Update: Since the conception of this article, LA city council has passed the $100-million coronavirus rent relief program offering assistance to those affected by the pandemic.  The relief program will provide low-income renters that have fallen ill or lost work with up to $2,000 in rental assistance….

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Manufactured Home Parks Are A Low-Risk Investment Bet

Manufactured Home Parks Are A Low Risk Investment Bet   Manufactured Home Parks Now a Low Risk Bet, Commands $230 Million in Arizona Manufactured homes, like mobile homes, are prefabricated structures that are transportable. However, unlike mobile homes, these buildings were built after 1976 and to the standards set forth by the US Department of Housing and Urban Development.  These…

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Governor Newson’s Executive Order Does Not Imply Rent Forgiveness

On March 4, 2020, Governor Gavin Newson of California released THE Executive Order N-37-20 with the aim of minimizing evictions during this critical time in California. Among other things, it seeks to protect residents who may be unable to pay their rent as a result of the economic effects of the pandemic. While Executive Order N-37-20 does not imply rent…

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A 1031 Exchange Extension has Finally Been Granted

IRS EXTENDS 1031 EXCHANGE PERIOD April 1st and July 15th, If you’re in a 1031 Exchange, don’t forget these dates. Recently the IRS offered property owners in the middle of their 1031 exchange some much-needed relief with the release of Notice 2020-23. Under this notice, the IRS granted automatic extensions to: • Anyone that sold (relinquished) property with their 45-day…

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