January 09, 2025
NEW YORK, NY - Multifamily housing operators have faced a series of challenges in recent years, from rising interest and insurance rates to a wave of new regulations and scrutiny over their use of revenue management software to set rents. Amidst the turbulence of navigating these complexities, a new wave of litigation has emerged in an entirely different area, one that now threatens to ripple through the multifamily industry.
It has been over five years since the National Apartment Association first sounded the alarm on what it termed “Surf-By Lawsuits”—a digital twist on...