2015 Apartment Government 
American Apartment Owners Association
FEBRUARY 13, 2025
In the wake of tragic balcony collapses, such as the 2015 Berkeley balcony failure , California legislators enacted Senate Bills 326 and 721 to prevent similar disasters. Key Deadlines: SB326 Deadline: January 1, 2025 Applies to all multifamily residential buildings (3+ units) governed by an HOA.
Buildium
JUNE 12, 2025
The state has experienced consistent net outmigration since 2015, particularly in small towns and rural areas, a trend that only accelerated during the pandemic. Joseph Medical Center, the city and county governments, and the local school districts. One trend to be aware of in Illinois is population loss. GDP Growth (2022): 5.7%
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American Apartment Owners Association
JULY 14, 2025
SB326 was introduced in response to several tragic incidents involving the collapse of elevated structures in California, the most notable being the 2015 Berkeley balcony collapse that killed six people. SB326 applies specifically to: Condominium projects governed by a homeowners association. Why SB326 Was Enacted?
Real Property Management Choice
MARCH 20, 2016
The compensation for this position is governed by State and Federal rules and regulations. If an owner wishes to trade off an apartment rent value, the minimum wage value cannot exceed $564.81 Example: Manager (one person) receives a 2 bedroom apartment. hours per month in exchange for the apartment.
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