Individual Investors Dominate Rental Market

first_img Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer.  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Of the 48.2 million rental housing units, nearly 49% are located in rental properties of one to four units, according to the latest Rental Housing Finance Survey (RHFS) data released by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau. For these small rental properties, nearly 73% (14.1 million) are owned by individual investors and more than one-third (7.9 million) have a mortgage or similar debt”Since 2012, the Rental Housing Finance Survey has been America’s premier source of data on rental housing finance and financial health,” said Seth Appleton, HUD’s Assistant Secretary for Policy Development and Research. “The new 2018 Rental Housing Finance Survey data will help the administration better understand the potential impacts of COVID-19 on the financial health of America’s rental property owners.”The Rental Housing Finance Survey is funded by HUD and data is collected every three years by the Census Bureau. RHFS is the most comprehensive survey of rental housing properties in the United States, covering topics such as property configuration, ownership and management, rental income and expenses, financing, and capital improvements and expenses. The new release includes summary tables for areas across the nation.About 86% of all rental properties contain only one rental unit and 97% of all rental properties have only one building. About 36% of all rental units are in properties with one rental unit, while about 30% of rental units are in properties with 150 or more rental units.About 72% of rental properties, representing 41% of all rental units, are owned by individual investors and 16% of rental properties with 37% of units are owned by limited liability corporations or partnerships. For properties with 150 or more units, 63 percent are owned by limited liability corporations or partnerships.About 22% of small rental properties (1-4 units) are managed professionally while 94% of properties with 150 or more units are managed professionally. Share 1Save June 5, 2020 1,244 Views The Week Ahead: Nearing the Forbearance Exit 2 days ago Individual Investors Dominate Rental Market Tagged with: Investment Rental SIngle-family Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Related Articles Home / Daily Dose / Individual Investors Dominate Rental Marketcenter_img About Author: Seth Welborn Servicers Navigate the Post-Pandemic World 2 days ago Investment Rental SIngle-family 2020-06-05 Seth Welborn Demand Propels Home Prices Upward 2 days ago Previous: Housing, Economy Turning Corner Amidst COVID-19 Next: Servicers Prep for Hurricane Season Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Market Studies, News Subscribelast_img read more

Dean Skelos Indicted on New Corruption Allegations

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A federal grand jury indicted New York State Sen. Dean Skelos (R-Rockville Centre) and his son, Adam, on additional allegations of extorting $100,000 from a company that lobbied the lawmaker, authorities said.Dean and his son were indicted Thursday on charges of extortion, conspiracy and soliciting bribes. They were previously arrested and pleaded not guilty to similar charges in Manhattan federal court.The indictment alleged father and son secured “over $100,000 in payments and health benefits from a medical malpractice insurer who provided Adam Skelos with a no-show job while actively lobbying Dean Skelos on legislative matters.”The senator was forced to resign his post as senate majority leader following his arrest, but has no plans to vacate the seat he has held for 31 years. State Sen. John Flanagan (R-East Northport) replaced him as senate leader.As the Press has reported, Dean and his son have been accused of using the senator’s influence to help AbTech Industries secure a Nassau County contract in exchange for monthly payments to Adam. They also allegedly solicited bribes from a real estate firm.Aside from the change in senate leadership, the allegations have also sparked Nassau prosecutors to review the county contract procurement process. Two weeks after Skelos’ arrest, County Executive Ed Mangano reportedly issued orders mandating lobbying disclosures on county contracts.The arrest came months after state Assemb. Sheldon Silver (D-Manhattan) also pleaded not guilty to federal corruption charges that forced him to resign his leadership post. The arrests are a part of an ongoing federal investigation into political corruption in the state capital in Albany.last_img read more

Top Ten NJPW G1 Climax 29 Matches

first_imgThey make it look so graceful and easy as they moved around the ring, countering each other at every turn. The IWGP junior heavyweight champion was trying to do the impossible, beat the reigning IWGP heavyweight champion. But it didn’t feel impossible during the match the way he fought with such heart and determination.Ospreay hit Okada with about everything in his arsenal but couldn’t keep him down. Just when he was one Stormbreaker away from the win, Okada found yet another counter and hit a pair of Rainmakers for the win.A magnificent match and an awesome showcase of two wrestlers at the top of their game. New Japan Pro Wrestling G1 Climax 29 ended in epic fashion Monday morning with Kota Ibushi defeating Jay White in the finals of the grueling tournament. The win earned him a briefcase awarding him a match against Kazuchika Okada for the IWGP heavyweight championship at Wrestle Kingdom 14 taking place on Jan. 4 and 5 at the Tokyo Dome.The tournament once again lived up to the hype with incredible action over its six weeks in a showcase of strong-style wrestling with some of the best matches of the year. Every night featured awesome action and played out in dramatic fashion as to who would win each block and face off in the finals. In the end, the popular Ibushi outlasted the field and earned the title shot.Join DAZN and watch more than 100 fight nights a yearWith the tournament now over, here’s a look at the top ten matches of the NJPW G1 Climax 29. 10. Hiroshi Tanahashi vs. Will Ospreay (Night 17)Even though both of them were out of the running for the “A” block at this point in the tournament, it didn’t stop either from bringing their “A” game. This was old school versus new school with the veteran Tanahashi against the youngster Ospreay. Tanahashi knew he had to slow down and ground the high flying Ospreay so he continually went after his knee and even put on a Cloverleaf at one point. That didn’t keep Ospreay down for too long and he kept on the offensive from a shooting star press to an Oscutter and finally hitting his Stormbreaker to get the win.  9. Kazuchika Okada vs. Kota Ibushi (Night 17)本日8月12日15:00 いよいよ🏆優勝決定戦🏆#新日本プロレス 真夏の最強戦士決定戦『HEIWA Presents G1 CLIMAX 29』日本武道館にて行われたAブロック最終公式戦の試合結果をお届け!!#新日本プロレスワールド では全19大会をLIVE配信▶︎ #njpwworld #G1Climax #g129— njpwworld (@njpwworld) August 12, 2019That same night saw this brilliant showdown with the winner advancing to the finals. Ibushi showed so much emotion and wanted so badly to win this tournament but he had to get through everything the IWGP champion offered to get there. Even when Okada leveled him with a shotgun drop kick, Ibushi immediately fired back with a big lariat. He simply would not be denied, and when he connected with the Kamigoye twice in a row, he got that pleasing win to take the “A” block. As good as this was, there was still a feeling that they could get to another level when they square off again at Wrestle Kingdom. 8. SANADA vs. Kazuchika Okada (Night 13)Okada had SANADA’s number going into the match having beaten him six previous times. So, the question was whether the streak would continue or would SANADA finally beat the champion and get the biggest win of his career. The answer would be the latter.This went down to the wire of the 30-minute time limit with both men laying on the mat exhausted after hitting each other with just about every move in their arsenal. When Okada went to finish him off with yet another Rainmaker, SANADA turned it into a pop-up TKO and quickly capitalized on the moment by hitting back-to-back moonsaults to score the win with just 12 seconds remaining in a dramatic finish. 7. Will Ospreay vs. Kota Ibushi (Night 5)The expectations for this match were incredibly high even before the G1 began and many wondered how far they would push the boundaries of risk-taking to put on a classic match.It never came down to that as they had a fantastic match without going too far. They were pretty much forced to do that with Ospreay dealing with a bad neck and Ibushi slowed down to an ankle injury. That turned into the focus of the match with each going after the other’s weak spot. There was still plenty of athleticism and storytelling with minimal risks with Ibushi winning their latest great encounter. 6. Shingo Takagi vs. Tomohiro Ishii (Night 16)This was an absolute war of attrition as these two blasted each other with hard-hitting moves over and over. And they never stopped as they kept up a brisk pace for nearly 23 minutes.It’s exhausting just watching this match and flinching every time either connected with a move. Takagi, who was considered a junior heavyweight before the tournament, hit his Pumping Bomber not once, not twice, but three times with Ishii surviving each one. It took a Last of the Dragon at that point for Takagi to beat the tough veteran and prove he belongs in the heavyweight division going forward.5. Shingo Takagi vs. Tetsuya Naito (Night 14)The tournament had already passed the halfway point going into this match and Naito, the reigning IWGP Intercontinental champion and one of the favorites entering the G1, was only 3-3 and still looking for a signature moment. He got it here.This was that classic slow start match that built to a crescendo as it progressed. Takagi looked like he had something to prove as he connected with lariats and suplexes while Naito kept trying to hit his trademark Destino. After nearly 27 minutes, Naito finally hit a Canadian Destroyer and two Destinos later he got thehard-foughtt win over his LIJ brethren. 4. Jon Moxley vs. Tomohiro Ishii (Night 6)An all action war as they used everything but the proverbial kitchen sink against one another. The wild brawl spilled into the crowd but the referee used his better judgment in not counting these men out or else facing a possibly riot from the crowd who didn’t care one bit about rules.The typically grounded Ishii even went to the top rope and hit a splash on Moxley that set him crashing through a table. Somehow, Ambrose survived to the end while scoring the victory and earning the respect of the Japanese audience. This is far from the Dean Ambrose we saw for years in WWE; this is someone not handcuffed by any limits and fits so much better with this system and style in NJPW. 3. Hiroshi Tanahashi vs. Kota Ibushi (Night 13)By the end of this one, it felt like a changing of the guard with Ibushi winning an emotional match. The “Ace” has been the featured star for so many years, but now he’s 42 with plenty of wear and tear on his body.That doesn’t mean he can’t deliver an incredible match, though. As arguably the best storyteller in all of wrestling, he relied more on emotion than big moves he tried to keep Ibushi grounded while selling his bad knees.Ibushi simply had too much in the tank as he withstood a High Fly Flow before connecting with his Kamigoye to score the emotional win that left him in tears. 2. Kota Ibushi vs. Jay White (Finals)[email protected]_kota ‘Bomaye’#njpwworld Watch now▶︎ #G1Climax #g129— njpwworld (@njpwworld) August 12, 2019The crowd at Budokan Hall were electric as they came out to the ring, firmly behind the beloved Ibushi and hoping that he would defeat the most hated man in New Japan.NJPW referee Red Shoes sent Bullet Club to the back before the bell to truly make this a 1-on-1 contest and it was that way for most of the match. But after he went down, it opened the door for Gedo to come back and help White but Ibushi wouldn’t be denied.Give White credit for surviving the Bomaye twice and but when Ibushi hit it a third time, that was the finishing blow as the crowd exploded in cheers. This was a heart-pounding roller coaster that took everyone on an incredible ride, especially considering the stakes. 1. Will Ospreay vs. Kazuchika Okada (Night 7)Ospreay and Okada have such great chemistry together that is nearly impossible for them to not have a great match. And this was a special one.last_img read more

Maine Smart Meter Case Is Back in Court

first_img RELATED ARTICLES The Smart Meter: Friend or Foe?EMFs and Human HealthOntario to Yank Some Smart MetersIn Nevada, Calls for a Smart Meter ProbeWhen Customers Challenge the Wisdom of Smart MetersFinding the Smartest Use for Smart MetersSmart Meter SmackdownThe Smart Meter’s Contentious OpponentsThe New ‘Smart’ Grid CMP originally won PUC approval for its $200 million conversion program in 2009. Critics took the PUC to court, and in 2012 the Maine Supreme Court ordered the PUC to revisit the issue. A PUC staff report delivered in March 2014 said that there were no credible studies linking the meters to ill health, and six months later commissioners voted to accept the staff report.The coalition appealed, first with written arguments and then the brief oral arguments on November 2. Just what are the threats?The safety of smart meters in Maine and elsewhere is part of a larger debate over the possible health effects of exposure to the many wireless devices people routinely come in contact with — microwave ovens, cell phones, and wireless routers as well as smart meters — and the radio frequency (RF) radiation they produce.Ed Friedman, the lead complainant in the Maine case, says that wireless technology represents “a public health and security emergency the likes of which we have never seen.” The coalition’s website refers to a half-dozen publications or reports dealing with the risks of radio frequency exposure.“In every state and country where smart meters have been or may be installed, there is continued opposition from citizen groups concerned with 24/7 radiation emissions deemed by the World Health Organization to be a possible human carcinogen, invasion of privacy for the electronic records the meters record, theft of personal data, infringement of several constitutional rights and compromising of personal and grid cybersecurity,” the Maine coalition says.Others consider these claims overblown.Writing at the Huffington Post scientists David Bailey and Jonathan Borwein said that claims that wireless radiation causes problem such as dizziness or memory loss are “absurd.” They said that a 2010 study commissioned by the World Health Organization found only a “very minimal and partially contradictory link” between cell phone use and brain cancer.“It is also instructive to compare the radiation levels of smart meters with those of other wireless devices,” they wrote. “Smart meters only transmit data for roughly 1.4 seconds per day, at very low wattage. And even if one stands less than one meter (3 feet) from a smart meter when it broadcasts its data, the resulting microwave exposure is 550 times less than standing in front of an active microwave oven, and 1100 times less than holding an active cell phone to one’s ear.”The American Cancer Society says at its website that it is “very unlikely” that smart meters increase the risk of cancer.No decision in the Maine case is expected for several months.center_img A Maine group protesting the deployment of some 600,000 smart meters took its case back to the state supreme court, arguing the Public Utilities Commission erred when it found the wireless devices were not a threat to public health.The Maine Coalition to Stop Smart Meters is appealing a ruling by the state Public Utilities Commission (PUC) last fall, which found no established connection between smart meters and health problems. The coalition claims that the meters can cause a number of health problems, including headaches, fatigue, loss of sleep and, potentially, cancer.Central Maine Power Company (CMP), owned by the Spanish energy conglomerate Iberdrola, says that the radio waves emitted by the devices are well below standards set by the Federal Communications Commission, according to an article in The Portland Press Herald.The hearing on November 2 was the most recent skirmish in a long-running dispute over the safety of the electronic devices that have largely replaced analog electric meters in Maine and elsewhere. Wireless smart meters allow utilities to track the distribution of electricity across the grid in real time and, at least in theory, give both consumers and utilities new ways of managing power consumption.last_img read more

Trial set for 2018 over Nova Scotias controversial GRABHER licence plate

first_imgHALIFAX – A Nova Scotia Supreme Court judge will allow constitutional arguments in a case where the province decided a man’s personalized licence plate was offensive to women.Lorne Grabher had his licence plate with the text “GRABHER” — his last name — revoked last year after government officials agreed with a complainant that it was a “socially unacceptable slogan.”In a court hearing on Wednesday, lawyer Jay Cameron of the Justice Centre for Constitutional Freedoms asked for the right to argue that the wording of regulations for personal licences are so vague that they violate the guarantee of freedom of expression in the Charter of Rights.Cameron said in an interview that Justice James Chipman allowed Grabher amend his original motion.Grabher’s lawyers can now make constitutional arguments against the regulation, rather than simply seek to have the government’s ruling overturned.The court also set fresh dates for a trial, with the matter now scheduled for one year from now, on Sept. 5 and 6, 2018.last_img read more