Experts predict 1% rise in rental starts through 2020, and 4% through 2021, at International Builders’ Show conference. By Mary Salmonsen (MultiFamilyExecutive.com Article) — While apartment vacancies are low and production has returned to pre-recession levels, more new homes will be needed to meet demand in 2020 and beyond, according to industry...Continue reading »
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The market has gone from niche to significant over the last 20 years, according to a new study from NMHC. By Holly Dutton (MultiHousingNews.com Article) — Privately-owned student housing developments have grown into a formidable market force within rental housing over the past two decades, according to a just-released report...Continue reading »
Global investors from the Middle East and Canada are seeking stability in U.S. apartment assets. By Greg Isaacson (MultiHousingNews.com Article) — Foreign investors continue to find the U.S. multifamily market attractive, as late-cycle jitters help drive Canadian and Middle Eastern capital into the perceived stability of rental...Continue reading »
Learn tips for navigating the latest on social media, automation, and approval ratings. By Jeremy Lawson (MultiFamilyExecutive.com Article) — Even with 2019 demand pushing rents up an average of 3% nationally, more than 82% of renters agree, “renting is more affordable than owning,” according to a recent Freddie Mac survey. Developers...Continue reading »
Renter affordability crisis climbs the income ladder, affecting more Americans. By Christine Serlin (MultiFamilyExecutive.com Article) — The nation’s affordability crisis is not just affecting the lowest bracket of renter households, it’s climbing the income ladder to impact more modest-income households, according to the “America’s...Continue reading »
JVM Realty Corp.’s Jay Madary shares his perspective on property management options. By Jay Madary (MultiFamilyExecutive.com Article) — “Should we manage our own properties, or should we engage a third-party firm?” At some point, that’s a question every company that owns apartment communities has to ask itself. There are certainly plenty...Continue reading »
Competing with new builds may not be as hard as you think. By Joe Bousquin (MultiFamilyExecutive.com Article) — With all the focus on smart home technology in apartments today, owners of existing properties can feel left out in the cold when it comes to competing with newly built communities. But don’t fret. The reality is, given the blistering...Continue reading »
How interest-only loans and other concessions could become weaknesses for commercial real estate if, or rather when, interest rates rise and property values decline. By Paul Fiorilla (MultiHousingNews.com Article) — Market players largely agree that lending standards have not deteriorated despite the sustained economic cycle and...Continue reading »
A recent study found ongoing college debt levels are delaying home buying, resulting in young adults remaining in multifamily housing longer than previous generations. By Jeffrey Steele (MultiHousingNews.com Article) — CBRE’s latest U.S. Multifamily Research Brief, Student Debt Woes Feed Multifamily Markets, focuses on how student...Continue reading »
A resilient economy along with job growth and consumer spending are among the trends that will help the industry stay the course this year. By Gali Kalinoski (MultiHousingNews.com Article) — Driven in part by consumer spending, job growth and low interest rates, the 2020 outlook for the multifamily sector remains positive, according to...Continue reading »
