Worried about Coronavirus? Chances are slim that you’ll get it. Still, it never hurts to be prepared, especially in an apartment building common area, where people are always coming in and out. Here are some tips to keep everyone healthy. By Jessica Fiur (MultiHousingNews.com Article) — When I got on the bus this morning, there was...Continue reading »
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The report shows a record number believe renting is more affordable than owning a home, as affordability becomes a growing issue among both residents and owners. By Gali Kalinoski (MultiHousingNews.com Article) — A new Freddie Mac survey profiling renters and owners finds that an unprecedented number of renters—84 percent—believe...Continue reading »
Multifamily developers and investors enjoy favored status from high-leverage financiers, according to Zachary Streit of George Smith Partners. By Zachary Streit (MultiHousingNews.com Article) — A healthy economy and a growing roster of capital providers looking for returns means high-leverage non-recourse financing is not only available,...Continue reading »
According to a recent CBRE report, total costs increased by 6.4 percent in 2019, with labor and land expenditures cited as key factors. By Gali Kalinoski (MultiHousingNews.com Article) — Labor and land costs are the primary drivers of a 6.4 percent increase in senior housing development costs for 2019 and a new CBRE report expects those...Continue reading »
Apartment List’s Renter Migration Report for Q1 2020 says Denver is trending, while Detroit is sliding. By Symone Garvett (MultiFamilyExecutive.com Article) — Many species of animals, including birds, fish, and whales, migrate to new locations at various times of the year. While their reasons for moving are likely instinctual and...Continue reading »
Rick Holliday had to build his own factory. His lessons make it easier for you to make the plunge. By Craig Webb (MultiFamilyExecutive.com Article) — If you want to know where developers are going, one good place to look is where Rick Holliday already has been. More specifically, begin at Building 680 on Mare Island in Vallejo, Calif.,...Continue reading »
This cohort is 44 million strong, extremely tech-savvy and used to instant results. Are you prepared to handle their living needs? By Lew Sichelman (MultiHousingNews.com Article) — The letter “Z” may be the last in the alphabet. But for multi-housing builders and managers, it signals the start of a new era in which...Continue reading »
Net absorption of apartments topped new deliveries in 2019, according to a report by CBRE. By Greg Isaacson (MultiHousingNews.com Article) — Renters across the U.S. are snapping up apartments faster than builders can bring them to the market, with nationwide multifamily vacancy tightening to a historic low by the end...Continue reading »
A new Cushman & Wakefield report outlines some of the key trends and economic indicators affecting the sector. By Gali Kalinoski (MultiHousingNews.com Article) — Aided by strong supply, consumer spending and other economic indicators, the North American industrial sector is projected to remain one of the leading commercial real estate...Continue reading »
Experts predict 1% rise in rental starts through 2020, and 4% through 2021, at International Builders’ Show conference. By Mary Salmonsen (MultiFamilyExecutive.com Article) — The national average multifamily rent fell by $1 in December 2019, down to $1,474 at the end of the year, according to Yardi Matrix’s latest Matrix Multifamily National...Continue reading »
