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Bad Landlords

January 28, 2025/in Living Here: Urban Utah Blog /by Babs De Lay

I’m not sure if Trump intends to keep the U.S. Department of Justice as part of our government, but after going through rigorous investigations as to his practices in and out of office he certainly wants to punish many affiliated with the DOJ. Two weeks ago, Special Counsel Jack Smith who investigated Trump said that basically if Trump hadn’t been elected in 2024 he would have been found guilty of trying to influence the outcome of the 2020 presidential election. The DOJ enforces federal laws, works to prevent crime and terrorism, promotes national security, and protects consumers by ensuring healthy business competition. And you should know the latest bombshell to come out of the DOJ (in cooperation with several state co-plaintiffs-attorney’s general from California, Colorado, Connecticut, Illinois, Massachusetts, Minnesota, North Carolina, Oregon, Tennessee and Washington) is a case against several of the largest corporate landlords in the country, accusing them of “participating in algorithmic pricing schemes that harmed renters”.

The complaint alleges the landlords — Greystar Real Estate Partners; Blackstone’s LivCor; Camden Property Trust; Cushman & Wakefield Inc and Pinnacle Property Management Services; Willow Bridge Property Company; RealPage; Apartment Landlords;  and Cortland Management — participated in an unlawful scheme to decrease competition among landlords in apartment pricing, harming millions of American renters. Together, these landlords operate more than 1.3 million units in 43 states and the District of Columbia. At the same time, the Justice Department filed a proposed consent decree with landlord Cortland that requires it to cooperate with the government, stop using its competitors’ sensitive data to set rents and stop using the same algorithm as its competitors without a corporate monitor.

The complaint alleges major corporate landlords actively participated in a scheme to set their rents HIGH using each other’s competitively sensitive information through common pricing algorithms, including working with competitors about rents, occupancy and other sensitive topics and future pricing plans that included planned price increases through “call arounds” which they nicknamed “market surveys”.  For instance, landlords discussed via user groups how to modify the software’s pricing methodology, as well as their own pricing strategies. In one example, executives from two companies worked with another as to their plans for renewal increases, concessions and acceptance rates of rent recommendations

Sharing information with competitors to increase pricing is a big no-no and can be considered ‘price fixing’. You simply can’t use competitors’ data to run your price models.  Soliciting, disclosing or using any competitively sensitive information with any other property manager as part of setting rental prices or generating rental pricing recommendations only hurts renters and helps landlords/owners/investors. As an example, Cortland manages over 80,000 rental units in 13 states. Imagine the impact just that one company has on renters and rent rates! Many of these firms under investigation operate apartment buildings in Utah, from Salt Lake City, Ogden-Clearfield, Provo-Orem and St. George to Park City at the Canyons Village.

https://urbanutah.com/wp-content/uploads/landlord-scaled.jpg 1707 2560 Babs De Lay https://urbanutah.com/wp-content/uploads/urban-utah-new-logo-whole2.png Babs De Lay2025-01-28 17:47:512025-01-28 17:47:51Bad Landlords

Brewpub

January 17, 2025/in Living Here: Urban Utah Blog /by Babs De Lay

Here’s why one of Utah’s most popular brewpubs is expanding to the west side
BUSINESS • SQUATTERS CORNER PUB
By KOLBIE PETERSON | The Salt Lake Tribune
People who live on the west side of Salt Lake County now have a brewpub close by, in a majority-minority city that is Utah’s second most populous.
Squatters Corner Pub, at 3555 S. Constitution Blvd. in West Valley City, opened to the public Monday and was scheduled to hold a ribbon-cutting Tuesday.
The brewpub, located in the northwest corner of the Valley Fair Mall complex, was previously a TGI Fridays and had sat vacant for years.
Rick Seven, brand and marketing manager for Salt Lake Brewing Co. — which owns Squatters Corner Pub and Squatters Pub Brewery downtown, along with six other restaurants and two breweries — said West Valley City is underserved when it comes to brewpubs.
“There’s really no brewpubs or breweries west of I-215,” Seven said. “Everything seems to be downtown, and in that south corridor off of [Interstate 15], and a little bit on the east side, but nothing out west. So we thought this was an ideal location.” Technically, Uinta Brewing Company is just west of the interstate.
Seven said the spot is ideal for Squatters, since there are residential areas, government buildings and local businesses nearby, as well as a hotel and the Maverik Center. TRAX also runs along Constitution Boulevard, and West Valley Central Station is across the street.
Salt Lake Brewing Co. considered expanding into Lehi, in the Silicon Slopes area, Seven said, but the company purposefully chose West Valley City for its population size and diversity.
In addition to welcoming West Valley City dwellers, Squatters Corner Pub will also serve the people of Tooele, Taylorsville, South Salt Lake and West Jordan, he said.
Squatters Corner Pub has a restaurant license, not a bar license, which means families will be able to bring their kids inside certain areas. The brewpub will also have a patio and a small retail section.
In the bar section of the brewpub, complete with large TVs, there is a large board that displays which beers are being poured. It features beers from Salt Lake Brewing Co. Brewery, next door to Squatters, and Top of Main Brewery in Park City, with locally tied varieties like the Dog Lake pale ale, and the Swede Alley nitro stout. One tap, called the Brewer’s Batch, will be reserved for Squatters beers.
Seven said the food menu at Squatters Corner Pub will be nearly identical to the menu at Squatters downtown, featuring appetizers, pub favorites, soups, salads, burgers, pizza, sandwiches and the Thai yellow curry, which has been on the menu since 1989.

https://urbanutah.com/wp-content/uploads/Brew-pub-scaled.jpg 1707 2560 Babs De Lay https://urbanutah.com/wp-content/uploads/urban-utah-new-logo-whole2.png Babs De Lay2025-01-17 11:17:572025-01-17 11:17:57Brewpub

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