Property-insurance premiums are up roughly 75% since 2019 and now eat about 8% of the operating budget, with 2026 renewals landing 8-12% higher. The red/yellow/green operator brief on walking into your renewal prepared instead of blindsided, wherever you operate.

The DOJ's settlement with RealPage and a spreading wave of state and city bans on algorithmic rent-setting software just changed the rules for every landlord using a pricing tool -- not just the big portfolios making headlines. This brief runs the red, yellow, and green flags on your pricing tool: what's already illegal, what needs an audit no matter where you operate, and the one number to drive to zero this quarter.

Virginia's landlord-tenant law hit July 1 with four operator-level changes: 14-day nonpayment notice, maintenance fee restrictions, payment method mandates, and screening-criteria disclosure. Plus: Illinois fee bill watch and the forward-looking 90-day rent-increase clock.

A 94%-occupied, market-rent building can still lose money every month — because physical occupancy and economic occupancy are two different numbers, and the gap between them is pure lost rent. This brief walks a ~50-unit operator through the four leaks that open that gap — loss-to-lease, concessions, bad debt, and non-revenue units — and hands over a red/yellow/green check to run before the day's first tenant call.