Tenants Brace For Eviction Flood Following End Of CDC Eviction Moratorium, While Landlords Stress Relief Options
Bisnow.
While some states, such as New York, Illinois and California, have their own eviction moratoriums in place beyond the CDC’s, local and state courts in other parts of the country have allowed landlords to file for eviction ahead of time. In some cases, those judges have even ruled on filings and allowed everything but the official lockout and vacation to proceed, Dunn said.
At least some national trade groups for multifamily owners are downplaying the possibility of an eviction wave, including Institute of Real Estate Management President Chip Watts and Paula Cino, vice president of construction, development and land use policy for the National Multifamily Housing Council. Both cited the increased availability of emergency rental assistance from the most recent federal stimulus bills as incentives for landlords to hold
The use of connected building technology is exploding amid the coronavirus pandemic, forcing property owners and managers to find more ways to provide services to residents without face-to-face interaction. But as adoption of the Internet of Things has grown, awareness of its security risks hasn’t kept pace.
Merely managing a building during the pandemic has overwhelmed many property managers, and they haven’t been able to educate themselves on all the security protocols with IoT, Institute of Real Estate Management President Chip Watts said.
“There are so many different items out there right now that can be hacked and be a concern for security,” said Watts, who also is CEO of Alabama-based Watts Realty Co. “[The pandemic] has forced property managers of the world to embrace this technology faster than anyone imagined. We would have anticipated [we were] three-to-five years from embracing this technology as much as we have.”