AGP Executive Report
Last update: 3 hours agoAffordable Housing Conversion: Post Real Estate Group says it’s been turning market-rate units into affordable homes mainly through tax strategies, scaling to 34,600 units and 7,500 conversions this year, as funding complexity keeps rising. Local Politics & Housing: Yountville voters will pick a mayor and two council seats amid controversy over a stalled workforce housing plan, with seven candidates in the race. Rent Regulation Crackdown: New York AG Letitia James announced a settlement with a Brooklyn landlord to return units to de facto rent stabilization and provide compliant leases after failing to register with HCR. Pet Policy Shift: D.C.’s Pets in Housing rules take effect Oct. 1, capping pet deposits and pet rent and banning breed/size/weight limits for covered leases. Data Centers Sentiment: A new nationwide analysis finds two-thirds of U.S. counties hold favorable views on data centers, but local zoning and permitting remain the main friction. Multifamily Management: Moses Tucker Partners launched Nest, a new multifamily management and leasing platform aimed at expanding third-party assignments. Brokerage Economics: United Real Estate claims it paid $1B more to agents than typical commission-split models, using a flat-fee structure that returns most closing compensation.
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