News & Insights

Common Misconceptions About HOA Management

When your condo board decides to hire a HOA management company that doesn't necessarily mean your HOA fees will rise or that there is an inherent problem that needs fixing. Sometimes, condo boards just need a bit of consultation and strategic guidance to ensure that budgeting is on the right track or to get help managing a larger construction project. Check out some of the most common HOA management myths and learn the truth about how such a company can help improve your condo community's operations.

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Janitorial Contracts: What to Consider as a Building Owner for your Commercial or Multifamily Building

Not all janitorial cleaning contracts are equal. Tenant satisfaction and post-pandemic cleaning standards are just some factors owners must consider. Commercial building tenants give little thought to janitorial services until there is a problem … a problem that may require immediate attention. Failure to deliver quality, timely janitorial services (along with basic maintenance services) creates

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Implied Repair Covenants in Commercial Leasing

The United States traces its common-law heritage back over more than a millennia, and the statutes regulating real-estate transactions have changed substantially (to put it mildly). According to a study by Paula C. Murray that was published in the University of Richmond Law Review, “The tenant bore all the risk of the physical condition of the property — caveat lessee. The tenant could provide for landlord repairs in the lease, but could not withhold rent if the landlord failed to make those repairs. Additionally, the tenant assumed primary responsibility for the condition of the premises once he took possession of the property.”

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Property Management Technology: Proprietary vs. Off-the-Shelf Platforms

When evaluating a property management firm, the technology they use is not just a convenience. It directly impacts how your building operates day to day, from work orders and payments to communication and overall resident or tenant experience. Today, 67% of property management companies now use dedicated property management software, making technology a standard part

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New Provision of Safe Homes Act Emphasizes Tenant Safety from Domestic Violence

On January 1, 2026, a new requirement under Illinois’ Safe Homes Act took effect, impacting landlords and tenants of privately owned residences. Landlords (building owners or their agents) who rent residences are required to provide all tenants with a “Summary of Rights for Safer Homes.” The summary must appear as the first page of every

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Why Multi-Year Leases Are (Usually) a Bad Idea for Landlords

To many tenants, landlording seems like a risk-free way to basically print money, an investment approach with precious few downsides. How wrong that idea is! Veteran and neophyte landlords alike understand just how challenging and problematic a task it can become. Just consider the task of acquiring — and then retaining them. Some landlords swear that signing multi-year leases provides them with the best possible return, but does it really just open them up to more risk?

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8 Things that make a Construction Project Successful (And on Time!)

Construction projects quickly become price propositions. Construction managers and construction companies understand how volatile raw materials prices can put pressure on a project. For instance, Mortgage News Daily recently reported how “even though lumber prices have recently declined, the National Association of Home Builders (NAHB) says builders are facing some of the fastest increases of other building material costs in history.” And while savvy managers have long known how to hedge against that particular risk, other less obvious pitfalls have plunged many projects into delay, decline, and downright failure.

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