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Issues continue for property managers, landlords in Las Vegas

Tenants say luxury apartments have no luxuries
Posted at 9:52 PM, Jan 20, 2021
and last updated 2021-01-21 13:16:15-05

LAS VEGAS (KTNV) — A Las Vegas property manager says that the troubles seen in Nevada for landlords due to the eviction moratorium will likely also be felt across all states.

“They’re getting closer and closer, every single day to not being able to pay their mortgage,” said Danielle Gallant with Guardian Realty.

RELATED: President Biden extends eviction protections through March, for now

“Every state has asked landlords to be a huge integral part in being part of the solution to stop the spread of COVID-19,” Gallant said. “We’re really the only industry that’s been left with the least amount of support.”

The Nevada Eviction Moratorium has been going strong for many months, and since it began the CARES Housing Assistance Program has worked to provide millions of dollars worth of aid to renters.

13 HELPS | Programs, help available in the Las Vegas

However, Gallant says landlords are facing the brunt of a never-ending whirlwind of grief.

“This is going to have some very devastating effects as it continues,” Gallant said.

She says if a landlord has to go into foreclosure their credit score would take a massive blow, and it would be a similar story for the tenants.

“They’re going to have this massive $15,000 bill and they’re not going to be able to pay it,” Gallant said.

RELATED: How President Biden's eviction moratorium extension will impact Las Vegans

Since the institution of the eviction moratorium in 2020, Gov. Steve Sisolak stressed that landlords and tenants must work together and that the moratorium did not mean “free rent”.

In Clark County, the Neighborhood Justice Center offers free mediation to both landlords and tenants.

Gallant believes services there simply did not have the same resources to reach resolutions as the state's mediation program.

“We got zero resolutions, zero money, it was a massive failure,” Gallant said.

The Southern Nevada Chapter of the National Association of Regional Property Mangers is also trying to raise funds for renters who are still struggling to get help.