Considered rationally, the need for all of the social safety nets put in place for renters is obvious. The only way to truly survive a global disaster is to band together and implement a series of solutions. Radical measures had to be taken to mitigate the global pandemic. “We’re all in this together,” is not just a motto, it’s a reality. As a society, we are tasked with taking care of our most vulnerable populations, because the repercussions of not doing so are far more expensive than the costs of their protection. In this instance in particular, increased homelessness and/or a wave of relocations due to a rise in home displacement would only serve to exacerbate infection rates around the nation. That said, here are some clear lessons that residential landlords can learn in the wake of this global event.
Showing posts with label asset management. Show all posts
Showing posts with label asset management. Show all posts
Sunday, August 16, 2020
Lesson From the Pandemic For Residential Landlords
The effects of Covid-19 on the
residential rental market are apparent—many jurisdictions have enacted rent
freezes, landlord/tenant courts have been shut down and moratorium on evictions
and foreclosures have been set. Moreover, the accompanying downturn in the
economy has left many without the ability to pay rent on time, if at all.
Monday, July 23, 2018
Real Estate Asset Managers
In the real estate industry, there are
many different professions, each with its unique role. I have focused
on different real estate professions in the past on this site, so let us take a
look at more obscure and lesser known profession--the Real Estate Asset
Manager.
Role of a Real Estate Asset Manager

Most real estate asset managers work with mortgage servicers through either a client
or a subsidiary relationship. For example, Altisource, the nation’s largest real estate
asset manager, is an independent but related company to Ocwen Loan Servicing, one of the nation's largest mortgage servicers, whereas SingleSource, another well-known real estate asset manager, is a wholly
independent company that is hired by some of the largest loan servicers. Given
the size of the whole loan portfolios of the larger mortgage servicers, many
find hiring a real estate asset manager more cost effective than building and
managing property vendor networks and tracking sales activity.