Author Archives: 2!xMyNQ#FV8h4U

Experts point to areas like California’s Inland Empire and Midwestern cities including Minneapolis. (NREI Article)  —  For years now, experts have worried that the apartment market may finally become overbuilt. As developers plan to build even more new units, they search for markets and product types that have not been over-saturated. Experts point to...Continue reading »

By Kyle Hagerty (Bisnow.com Article)  —  Thousands of displaced homeowners in the aftermath of Hurricane Harvey resulted in a quick turnaround for the struggling multifamily sector. Houston posted more than 9,000 units of positive net absorption in Q3 alone, according to CoStar data. That is the largest single quarter of net absorption in Houston since 2000. But...Continue reading »

Many renters have already been pushed to the limit financially. Another rent hike could force them to move out. By Bendix Anderson (NREI Article)  —  How high can landlords raise the rents at their apartment properties before they begin to lose tenants?  In the current market, many markets have very few apartment vacancies, and face little competition....Continue reading »

Integrating electronic access is a simple and profitable way to attract a growing audience of residents, mitigate safety concerns and streamline access management, according to Ann Matheis of Allegion. By Ann Matheis (Multihousing News.com Article)  —  In this day and age, with technology reinventing everything we do, renters are just as likely to enter and...Continue reading »

One reason for the shift is that wealthier families are increasingly likely to rent, allowing landlords to raise prices without raising the risk that their tenants won’t pay. By Patrick Clark (Bloomberg article)—Following the Great Recession, the cost of rental housing took a growing bite out of U.S. household budgets, as increasing demand for rental units...Continue reading »