Here’s why it matters for housing across the board. By Doug Bibby (MultiFamilyExecutive.com Article) — For too long housing affordability has been falsely seen as an industry problem. But in recent years, it’s taken on such an epic scale that local communities and governments are taking more aggressive steps than ever before. Nearly one-third (31.5%)...Continue reading »
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With growing demand for hybrid IT solutions, leasing and construction deliveries reached new heights last year, according to CBRE’s data center real estate report. By Barbra Murray (MultiHousingNews.com Article) — CBRE has released its North American Data Center Report H2 2019, and the results bode well for the...Continue reading »
How to go from working a 9-to-5 to full-time house flipping with the greatest methods and strategies to find deals. By Michael Green (YouTube.com Video) — Hi! My name is Michael. I’m a real estate investor, speaker, and entrepreneur. I have bought and sold over 1,100 deals and counting! I enjoy quiet walks on the beach while sipping a piña colada and...Continue reading »
Discover how implementing digital systems can help prepare for spring and summer move-ins and move-outs. By Albert Nguyen (MultiFamilyExecutive.com Article) — As spring approaches, it’s crucial for property management companies to prepare for the industry’s busiest season. Approximately 70% of moves take place in spring and summer, with both purchase...Continue reading »
Operators in clear dialogue with their collection agency can optimize debt recovery and limit litigation exposure, notes Jay Harris and Elaine Owens of Fair Collections & Outsourcing. By Jay Harris and Elaine Owens (MultiHousingNews.com Article) — Even in a healthy economy, residential rent receivables written off as uncollectible...Continue reading »
Conditions are ideal on both a macroeconomic and an industry-specific basis to be riding the real estate wave, says Mark Ventre of Stepp Commercial. By Mark Ventre (MultiHousingNews.com Article) — Back in 2016, I queried CRE executives about where they thought we were in the real estate cycle. Most of the answers I received...Continue reading »
Institutional investors would hope to replicate the successes they have had in traditional multiifamily, but the pecularities of single-family rentals prove challenging to the industry’s largest players. By IvyLee Rosario (MultiHousingNews.com Article) — Whether it be Millennials, Gen Zers or even Baby Boomers, the number of renters...Continue reading »
Spaces Real Estate founder Bentley Phillips on how to fill units or recoup losses. By Mary Salmonsen (MultiFamilyExecutive.com Article) — For an investment-grade property manager, a few empty units are usually within an acceptable risk threshold. But smaller mom and pop owners could lose a large share of their income on a single vacancy—especially over...Continue reading »
Steady economic growth expected to continue through 2020. By Mary Salmonsen (MultiFamilyExecutive.com Article) — The national average rent fell by $1 in January 2020, down to $1,463, while year-over-year rent growth has remained at 3%, according to the latest Yardi Matrix Multifamily National Report. January marks the third consecutive month of declines...Continue reading »
Demographic headwinds and oversupply are creating headaches for the asset class, according to panelists at NAA’s CampusConnex conference. By Greg Isaacson (MultiHousingNews.com Article) — The U.S. student housing industry faces choppy waters as a Millennial-driven enrollment boom tapers off and many university markets...Continue reading »