Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Tenants, council raise alarm after portfolio sale; buyer says rent hikes tied to repairs
Summary
Tenants and council members pressed city staff on Sept. 2 over notices sent after the sale of a large rental portfolio; the buyer said it will inspect units and will not impose rent increases until repairs are completed.
Tenants and council members pressed city staff on Sept. 2 over notices sent after the recent sale of a large residential portfolio; the new owner told the council it will inspect units and said it will not impose rent increases until repairs are completed.
The issue became public after residents and neighborhood organizers held a community meeting and posted concerns online that month. City Manager Jeff Boyer described outreach efforts and said staff has begun receiving tenant inspection requests; Code Enforcement reported three inspection requests since the portfolio transfer and staff said landlords who have not registered with the city face fines and enforcement.
The buyer’s spokesman, Mobi Parak, identified himself as a property manager for Pied Piper/Freeport Portfolio and said the company has not issued 30‑day eviction notices. “I have not given anybody any 30 day notices. I have not…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
