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Joined July 2015
#PropTech retweeted
Explore key data and expert insights on multifamily trends, rent growth, and investment outlooks shaping the housing market in 2026. propmodo.com/?p=179847
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Building automation cyberattacks are rising, making FedRAMP standards, cloud security, and verified vendor controls vital for commercial real estate. propmodo.com/?p=181232
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#PropTech retweeted
Goldman Sachs’ $410 million LCN Capital acquisition highlights the rise of sale-leasebacks and its push to expand alternative assets by 2030. propmodo.com/?p=181239
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#PropTech retweeted
In this @propmodo feature, @dealpath CEO Mike Sroka and @HqOapp CEO Chase Garbarino share how the industry can reduce AI’s “verification tax” and connect fragmented technology stacks. Read more: co.jll/4zbhcaG
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#PropTech retweeted
Smart glasses could transform commercial real estate operations by reducing downtime, improving compliance, and preserving critical building expertise. propmodo.com/?p=181129
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#PropTech retweeted
JPMorgan Chase pledges $750 billion for housing over ten years, targeting 1 million affordable units and 500,000 homebuyers amid tight supply. propmodo.com/?p=181097
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#PropTech retweeted
A $506 million CMBS backed by New York rent-stabilized apartments faces foreclosure as Mayor Mamdani's rent freeze threatens to deepen bondholder losses. propmodo.com/?p=181103
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#PropTech retweeted
Greystar is facing 114 documented fair housing violations filed across seven states and Washington DC by the Housing Rights Initiative. The nonprofit organization's testers called Greystar properties starting in October 2025 and inquired about using Section 8 housing vouchers. According to HRI, Greystar agents declined to accept vouchers in states where such refusal violates fair housing law. The organization has recordings of these interactions filed as evidence with state attorneys general and civil rights agencies. The specific violations documented by HRI include properties where agents stated vouchers would not be accepted, imposed conditions like requiring vouchers to cover 100 percent of rent, or declined to count voucher assistance toward income requirements. These practices violate fair housing statutes in the states where they occurred. HRI filed complaints in Virginia, California, Maryland, Hawaii, Michigan, New Jersey, and DC. The organization's director stated this represented violations "at a scale unlike anything our organization has ever seen." This is not Greystar's first fair housing enforcement action. In 2022, the company settled Section 8 discrimination allegations with the Equal Rights Center in Virginia. That settlement required policy revisions and targeted marketing to voucher holders. In January 2026, Greystar settled with California's Civil Rights Department over criminal background screening practices affecting approximately 333 properties in the state. The company agreed to review and revise tenant screening policies. From a legal standpoint, the Fair Housing Act allows civil penalties up to $16,000 per violation for first-time violations and up to $37,000 per violation for repeat violations. With 114 violations and prior enforcement history, the statutory penalty range is substantial. Legal precedent from similar cases provides context for potential settlement amounts. SafeRent Solutions settled algorithmic discrimination allegations for $2.275 million. Harbor Group Management and vendor PERQ Software settled Section 8 discrimination allegations affecting more than 100 properties under a federal consent decree. RealPage settled algorithmic pricing allegations for significantly larger amounts across multiple defendants. Consent decrees in fair housing cases typically include monetary penalties, injunctive relief requiring policy changes, staff training requirements, and third-party monitoring over specified periods. Harbor Group's consent decree required extensive remedial measures and ongoing compliance oversight. Similar requirements would likely apply here given the scope and nature of the documented violations. The enforcement landscape has demonstrated coordinated action between state and federal agencies. The RealPage litigation involved DOJ enforcement alongside state attorneys general. SafeRent involved federal involvement alongside state civil rights agencies. Based on the scale of the Greystar violations, federal agency participation in settlement negotiations is likely, which typically expands both the scope of remedial obligations and the cost of compliance infrastructure. For large multifamily operators managing portfolios across multiple states, the Greystar case underscores the operational necessity of comprehensive fair housing compliance infrastructure. The evidence in this case—recorded calls documenting policy implementation across different properties and states—highlights the gap between written compliance policies and actual frontline practice. The cost of consent decree obligations like third-party monitoring, training programs, corrective marketing, and operational oversight justifies investing in preventive compliance. Fair housing compliance should be an operational framework that affects how properties train staff, structure lease processes, and manage risk across the portfolio. propmodo.com/?p=180905
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#PropTech retweeted
Leading property management firms are using AI to transform workflows, cut payroll by 20%, and boost leasing, maintenance, and renewals. propmodo.com/?p=180917
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#PropTech retweeted
Austin-based Saronic Technologies will build a $3.2 billion autonomous vessel shipyard in Cameron County, Texas, creating 10,000 jobs and 835 acres of industrial space. propmodo.com/?p=180929
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#PropTech retweeted
Adaptive reuse housing is booming as hotels, schools, and malls transform into apartments, reshaping real estate and redefining urban redevelopment. propmodo.com/?p=180812
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#PropTech retweeted
Aerial intelligence and advanced drone technology are transforming property condition assessments, accelerating due diligence, and improving ESG data. propmodo.com/?p=180799
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#PropTech retweeted
Kelley Blue Book enters residential real estate with a subscription-based agent lead platform that vets professionals on performance metrics rather than commission splits. propmodo.com/?p=180825
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#PropTech retweeted
Structural columns buckled at Manhattan's former Pfizer headquarters conversion, exposing execution risks in the city's largest office-to-residential project. propmodo.com/?p=180828
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#PropTech retweeted
A new class action lawsuit filed in Virginia challenges CoStar’s alleged monopoly tactics, raising major questions about data ownership and competition in CRE. propmodo.com/?p=180688
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#PropTech retweeted
Chicago sues Airbnb and host company Slumber Stay over 200 violations and alleged platform complicity in unlicensed short-term rental operations citywide. propmodo.com/?p=180694
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#PropTech retweeted
A new NAHB study reveals that government regulations now add $131,734—over 26%—to the cost of a new single-family home, driving housing prices higher. propmodo.com/?p=180681
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#PropTech retweeted
DigitalBridge's $1.1 billion ArcLight acquisition reflects data center operators buying power developers to bypass grid delays and secure electricity supply. propmodo.com/?p=180677
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#PropTech retweeted
Apollo Commercial Real Estate Finance’s dissolution highlights how concentrated loan losses and market shifts ended a once-profitable REIT’s operations. propmodo.com/?p=180681
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#PropTech retweeted
Bed Bath & Beyond’s $53M acquisition of Fathom Holdings signals a bold move to unite real estate, retail, and home services under one strategic vision. propmodo.com/?p=180667
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