Even as the overall volume of cross-border investment in U.S. real estate slows down, apartment properties remain popular with foreign buyers. By Bendix Anderson (NREI Online Article) — Foreign investors continue to spend money on apartment properties in the U.S., even while they may be slowing down on purchases of assets in other sectors. In...Continue reading »
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Apartment List report analyzes the dating culture in 130 U.S. cities and ranks which are the best for singles. By Symone Garvett (MultiFamilyExecutive.com Article) — Thanks to today’s massive dating app culture, meeting new people and partners has become easier than ever before, but meeting the right person to settle down with can still come as a challenge....Continue reading »
Is multifamily construction leveling off and spreading out? By Robert Dietz (MultiFamilyExecutive.com Article) — After a brief uptick in demand due to for-sale housing affordability challenges, apartment construction cooled off during the first half of 2019. Multifamily construction of apartments in five-plus-unit properties was down 0.2% for the first...Continue reading »
Barriers to homeownership continue to rise throughout the nation, notes JLL Capital Markets’ Mark Thomson, with the median home price climbing 55.2 percent from its post-downturn trough. By Mark Thompson (MultiHousingNews.com Article) — On the back of rising demand, workforce housing assets have captivated investors with strong investment returns,...Continue reading »
Multifamily owners and operators are reminded of the growing challenge to find flood protections By Kevin Donnelly (MultiFamilyExecutive.com Article) — Weather scientists first predicted a relatively normal—meteorologically speaking—2019 hurricane season. But that outlook darkened in early August, as the likelihood of higher-than-normal...Continue reading »
As the rents required to make new high-end construction projects viable climb higher and higher, the industry is responding and adapting for the rest of the renter market, explains Avison Young’s Jay Maddox. By Jay Maddox (MultiHousingNews.com Article) — It’s no secret that disruptive forces are reshaping real estate, particularly in the rental...Continue reading »
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Cityview examines seven key components for staying ahead of the curve. By Melissa Bartolucci Delgado (MultiFamilyExecutive.com Article) — While some of the features sought after by renters are consistent across age groups, millennial tenants are leading the way with demand for more creative, community-building amenities at multifamily communities. The largest...Continue reading »
A late third-quarter shift underscores the need to remain adaptable when pursuing loans, according to Ernie Heymann of CAPREIT. By Ernie Heymann (MultiHousingNews.com Article) — As apartment operators clamor to secure financing for their various multifamily endeavors, they often have to be flexible when searching for a lender. That’s because...Continue reading »
