News: Posts by Mike Nemeth

Filter

Picking the best from an exceptional group of 160 nominees for the third annual CAA San Diego Mission Awards was no easy feat. But in the end, our 42 judges narrowed down the entrants to 13 champs. Each was honored during an evening of great music and fine food Oct. 9 at Humphrey’s By the Bay. And the awards went to the following: Property of the Year: 1–250 units La Jolla Palms, Irvine Company Apartment Communities Property of the Year: 251-500 units Solazzo, Irvine Company Apartment Communities Property of the Year: 501+units The Reserve at 4S Ranch, Sares Regis Group… Read More

Tagged: San Diego

At the CAA Annual Membership Meeting, President Ron Granville, CPM, announced the results of the 2015 California Apartment Association Board of Directors’ election. Granville welcomed newly elected and returning directors to the board during the yearly membership meeting Thursday, Oct. 16.  Voting for the 2015 CAA Board of Directors closed Oct. 7. In accordance with the CAA bylaws, directors serve a term of three years; regional directors serve a term of two years. Newly elected directors begin their terms Jan. 1. 2015 newly elected members of the CAA Board of Directors, representing specific membership categories, are as follows: Independent Rental… Read More

Tagged:

Question: Is there any way to impose a rent increase on tenants with a lease or do you have to wait until the lease is expired?  Can you raise rents on specific units and not all units? Answer: You have to wait until the lease expires unless the lease term contained an automatic rent increase.  If there is an objective business reason, you can raise rent on some units and not others, as long as it does not violate fair housing laws.  Many owners increase the rent on the tenants’ anniversary dates. Question: I have a tenant who has been… Read More

Tagged:

With core values like excellence, leadership, service and community, it’s no wonder that GSF Properties in Fresno is holding a fundraiser this month to help families affected by autism. Dan McCoy, vice president of operations at GSF, talked about the fundraiser, Evening Under the Stars, in an October 2014 Fresno Bee article. “Service is something we are very passionate about,” McCoy, a CAA Fresno board member, said in the story. “We touch a lot of people’s lives every day by providing them with homes. We feel that giving back to the communities where those homes are located is a natural… Read More

Tagged: Greater Fresno

When 6 p.m. to 8 p.m., Thursday, Nov. 6. Where Mountain View Senior Center, 266 Escuela Ave. Admission Free. Refreshments will be available. The California Apartment Association will take part in a roundtable discussion next month about housing costs in Mountain View and the prospects for affordability. Joshua Howard, senior vice president of local public affairs for CAA, will participate in the Civility Roundtable event Thursday, Nov. 6. The discussion will be dubbed “Can Housing in Mountain View Be Affordable?” The event will include a community conversation about the local impacts of rapidly increasing housing costs in the region. Project… Read More

Tagged: Tri-County

San Francisco will legalize short-term rentals like those offered online by AirBnB, but that greenlight comes with some stipulations – and lingering concerns among both landlord and tenant groups. The Board of Supervisors’ approval of vacation rentals came Tuesday, with a second and final vote expected later this month. “The status quo isn’t working; we have seen an explosion in short-term rentals,” Board President David Chiu said, according to this San Francisco Chronicle article. The story says the ordinance, which lifts the city’s ban on residential rentals shorter than 30 days, is set to take effect in February and will:… Read More

Tagged: San Francisco Apartment AssociationTri-County

Question: We have a one-year lease with a tenant that will expire in four months. If we sell the house now, and the buyer wants to move in, would we be able to break the lease? Answer: The buyer “steps into the shoes” of the seller and the lease is binding upon the new owner. Question: I allowed a tenant to move in and pay the security deposit in several payments. They are not able to make the final payment. What can I do? Answer: You can serve a three-day notice to perform conditions or covenants or quit. If the… Read More

Tagged:

Question: A new tenant signed a six-month lease. Now, he claims he feels unsafe because of an incident at the property and wants to terminate the lease. The tenant claims he has a 72-hour period to rescind the lease after it is executed. Is this true? Answer: There is no 72-hour right of rescission for residential leases. Question: Is there a law on the length of time a resident must reside in an apartment not to be charged for paint or carpet when they move out? What are the guidelines? Answer: No, the tenant can always be charged for painting… Read More

Tagged:

In the legislative arena, 2014 brought plenty of victories for the California Apartment Association. Over the past year, CAA fought some hard battles to move bills out of the Legislature and onto the governor’s desk. For the most part, Gov. Jerry Brown agreed with CAA in 2014, signing a number of bills that will help further the success of the rental housing industry. Brown also signed a couple of bills that triggered CAA’s opposition. Read on to find out how laws borne out of the 2014 legislative session will affect you and your business.   Signed by the governor AB… Read More

Tagged: Tri-County

A California Apartment Association political-action event last month raised nearly $200,000 – critical funds going into the November elections. The contributions received from sponsors and members at CAA Tri-County’s 12 annual Beyond the Vine political-action committee fundraiser nearly doubled last year’s total.  Proceeds from the event will help CAA defend the rental housing industry this November in numerous high-stakes elections throughout the Silicon Valley. CAA held Beyond the Vine on Thursday, Sept. 25, at the Villa Montalvo in Saratoga. “The historic setting was appropriate for a political event as it was the home of California’s first-elected U.S. senator, James Phelan,”… Read More

Tagged: Tri-County