Smart Apartments Coming
Here’s a first. Oregon just became the first state to issue statewide rent control. Annual rent increases will be capped at 7% plus inflation statewide. New construction is exempt from the cap for 15 years after their completion. If a tenant leaves voluntary, there’s no cap. Greystone lends $58m for “Smart Home” multifamily project in San Antonio, Texas. The 310-unit […]
