In the end, the strongest argument against rent control is that there are better ways to protect vulnerable renters. By Noah Smith (Bloomberg View) — Rent control is one of the first policies that students traditionally learn about in undergraduate economics classes. The idea is to get young people thinking about how policies intended to help the poor...Continue reading »
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Above-trend population increases and job gains in non-gateway cities are generating strong investor and resident demand for multifamily housing, explained IRT Chairman & CEO Scott Schaeffer. Here are three such markets poised to benefit from this trend in 2018. By Scott Schaeffer (MultiHousingNews.com Article) — The two biggest factors in selecting...Continue reading »
The competition between mezzanine lenders is keeping interest rates relatively low for mezzanine loans, even though short-term interest rates overall are rising. By Bendix Anderson (NREI Article) — Multifamily investors have lots of options to choose from if they want to take out a mezzanine loan in addition to the primary mortgage on their property. “There...Continue reading »
Property managers and staff can expand their marketing initiatives to drive new leases in a variety of ways. Alexis Krisay, Serendipit Consulting’s co-founder & president of marketing, offers some strategies. By Alexis Krisay (MultiHousingNews.com Article) — It’s no secret that having a solid marketing strategy is paramount when trying to achieve...Continue reading »
Welcome: Our funds group can provide intelligent resources for commercial and residential private lending needs … Don’t let insufficient capital undermine...Continue reading »
Here are those predictions broken down. By Mary Diduch (NREI Article) — “Stable.” That’s the one word that encapsulates the anticipated state of the multifamily sector this year, according to Greg Willett, chief economist at RealPage, a Richardson, Texas-based firm which provides property management software solutions. That was also the sentiment...Continue reading »