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Bidder For Pinnacle's 5,000-Unit Portfolio Has Ties To CEO Joel Wiener's Brother
News

Family Ties Cloud $451M Bid For Pinnacle's 5,200-Unit Portfolio

... of his tenants are entitled to rent stabilization. Another 2% have some other form of rent control protection, according to court records.  ... . At least some of those properties are subject to rent control, according to a 2024 annual report, as well as ...

Jan 07, 2026
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PA Gov. Josh Shapiro
News

Pennsylvania CRE Has Mixed Reaction To Shapiro's $1B Housing Plan

... response to the proposed rent control. “While well-intentioned, blanket solutions like government-imposed rent caps risk undermining the ... skyrocketing nationwide due to lack of supply. And rent control will only continue to stifle the supply by ...

Feb 13, 2026
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LA Multifamily Owners Getting Creative Amid New Regulations
News

LA Multifamily Owners Getting Creative Amid New Regulations

... that cities have put on us with rent control,” Champion said.  Rent control has dogged multifamily landlords with new tenacity ... estate and the challenges posed by increasing regulations around rent-stabilized units. One option is the property tax ...

Nov 19, 2025
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Bisnow Week In Review: The Most Consequential CRE Stories From Last Week
News

Bisnow Week In Review: The Most Consequential CRE Stories From Last Week

... Supreme Court on the case could have impacted rent control laws nationwide. The plaintiffs, landlord groups ... Community Housing Improvement Program and the Rent Stabilization Association, asserted that rent control equates to an unconstitutional property ...

Oct 08, 2023
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Lustine Realty Co. is headquartered on a prominent corner on D.C.'s 14th Street corridor.
News

80-Year-Old Local Firm Sells Last D.C. Property

... He blames D.C.'s tenant-friendly housing laws, including rent control, eviction protection and the Tenant Opportunity to Purchase Act, ... for artificially constricting the properties' income.  D.C.'s rent control policy, which applies to more than 70,000 units ...

Feb 23, 2025
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Investors Steering Clear Of Maryland Suburbs Due To Regulatory Concerns
News

Investors Steering Clear Of Maryland Suburbs Due To Regulatory Concerns

... week in which he blamed one factor: rent control.  Both Maryland counties instituted rent stabilization laws that went into effect last ... have the propensity to have a lot of regulations, rent control, things of that nature, and irrespective of your ethical ...

Dec 09, 2025
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Bisnow Week In Review: The Most Consequential Stories In CRE
News

Bisnow Week In Review: The Most Consequential Stories In CRE

... as from office to hotel or residential. Read more Rent Control Debate Fuels Uncertainty In Prince George’s County’s Multifamily ... Market  Prince George’s County's temporary rent control policy, capping rent growth at 3%, is set to expire in ...

Oct 22, 2023
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Los Angeles To Track Corporate Ownership Of Rental Housing
News

Los Angeles To Track Corporate Ownership Of Rental Housing

... general, own much older properties that are covered under the rent control ordinance and are really struggling,” Apartment Association of Greater ... those owners were able to charge an extra 1% in rent increases, and the city should do that, too, Yukelson ...

Mar 19, 2026
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chrysler building
News

RFR Evicted From Chrysler Building, Ending Feud With Cooper Union

... a legal dispute over $21M in unpaid rent. Control of the building fully returns to Cooper Union ... Union for the months of unpaid ground rent during litigation, as well as paying ... Schecter ruled that RFR had to cede control of the landmark to the university. ...

Jan 30, 2025
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'Survive Till '25' Was About Weathering The Storm. Here Are 20 Things That Didn't Make It
News

'Survive Till '25' Was About Weathering The Storm. Here Are 20 Things That Didn't Make It

... in discussions with its lender, Forbright Bank. Biden’s Rent Control Push To the chagrin of multifamily owners nationwide, President Joe ... . Like many other parts of Biden’s agenda, the rent control plan is unlikely to survive the return of President-elect ...

Dec 11, 2024
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