Anchorage renters say conditions at several apartment buildings worsened after a Southern California property company bought them, with complaints ranging from burst pipes and sewage leaks to months without reliable heat.
At one property, one longtime tenant said his monthly housing costs jumped to $1,627 after utilities were no longer included — a roughly 55% increase.
According to the Anchorage Daily News, residents at Red Tail Residential properties have described a pattern of delayed maintenance, rising rents, new fees, and unsafe living conditions since the company began buying Alaska apartment buildings in 2022…