Patty Friedman, one of our property managers, recently traveled to DC to attend an IREM advocacy meeting in hopes of helping create positive change in the property management industry.

The purpose of the meeting was to discuss pressing real estate issues effecting the business with our congresspeople and legislators. Among those topics discussed were the Choice in Affordable Housing Act and the Respect State Housing Laws Act. The Choice in Affordable Housing Act establishes programs and grants to incentivize landlord participation in the Housing Choice Voucher program. The Respect State Housing Laws Act seeks to amend the CARES Act to remove a requirement on lessors to provide notice to vacate. Both acts have many implications for stakeholders and tenants.

Patty was grateful to have the opportunity to meet in person to discuss these topics. As Treasurer of the IREM Greater Raleigh-Durham Chapter and Friends of IREM Board Liaison, Patty’s hope for the meeting was to inform our representatives about these bills and help them hear from both sides to make an informed decision when it comes time to vote.

The Institute of Real Estate Management (IREM) is an international institute for property and asset managers that provides complete knowledge to take on real estate management’s most dynamic challenges. Their mission is to advance the profession of real estate management. They offer education and courses, certifications, and networking opportunities for IREM members.

For more information about IREM, visit their website.

York is proud to have recently picked up a portfolio of properties for an institutional client who is utilizing our Accounting-Only services. Our seasoned accounting team has years of combined experience organizing, reporting, and analyzing financial transactions.

Outsourcing your property accounting can be very useful for asset management, financial reporting, and day-to-day operations.

Some of our services include:

• Invoice approval workflow
• Payments to vendors
• Deposit and track monthly revenue
• Produce monthly financial reports both timely and accurately
• Maintain online tenant portal
• Provide lease administration; abstracting and maintaining lease information
• Work with asset managers and outside property management companies

To learn more, contact:

Ryan Beacham – Property Accounting Manager

(919) 863-0812