Author name: Ricky Vasquez

Why cost discipline is replacing cost cutting in apartment operations

Costs are climbing faster than many operators expected, and teams are actively trying to figure out how to keep up without creating new problems in the process. The Federal Reserve Bank of Minneapolis found that more than half of all operating expense (OpEx) inflation since 2020 ties back to property insurance, with premiums roughly doubling […]

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PennyMac launches ‘Welcome Home’ mortgage program for Team USA athletes

PennyMac Financial Services Inc. has launched a specialized mortgage program for Team USA athletes, aiming to address the unique income and qualification challenges that Olympians and Paralympians face when buying or refinancing a home. The “Welcome Home: Athlete Mortgage Program,” announced Tuesday, builds on PennyMac’s role as the official mortgage provider of Team USA and

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Is California looking to tax retirement accounts? Experts push back on claims

A wave of texts and mailers warning that California politicians are targeting retirement savings for taxation has sparked confusion among voters, but experts say the claims mischaracterize a broader fight over competing ballot initiatives. At issue is a proposed measure called the Retirement and Personal Savings Protection Act, one of several initiatives tied to an

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