Conduits lenders are often willing to make loans make loans that cover up 75 percent of the underwritten value of an apartment property. By Bendix Anderson (NREI Online Article) — After years of instability, many apartment owners and investors have once again come to depend on conduit lenders to finance deals that other lenders can’t or won’t. “Conduit...Continue reading »
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This up-and-coming generation is a few years away from being your target residents. Here’s what you need to know today. By Lauren Shanesy (MultiFamilyExecutive.com Article) — As the country’s largest generation, millennials currently dominate the rental market. But the cohort behind them will soon begin to make up a significant portion...Continue reading »
With the growing use of smart-home technologies, mobile-based resident communications and AI, the buy-vs.-build question is coming up in the C-suite, especially with budget season around the corner. By Marlena DeFalco (MultiHousingNews.com Article) — The multifamily technology landscape is swiftly changing. Consumer trends are reshaping how apartment...Continue reading »
A recent Urban Land Institute and RCLCO report elaborates on how the migration from the suburbs to central areas is reflected in residential development trends. By Corina Stef (MultiHousingNews.com Article) — U.S. cities are growing faster than the suburbs for the first time in decades—this is among the key findings of a recent Urban Land Institute...Continue reading »
How can affordable housing lenders attract institutions in a way that reflects fundamental requirements of institutional investors? Here are several...Continue reading »
Larry Goodman, COO of Pinnacle, describes how the company retains residents, trains managers and boosts multifamily asset values across its portfolio. By Jeff Hamann (MultiHousingNews.com Article) — Operating approximately 165,000 units across 30 states, Pinnacle Property Management Services is one of the country’s largest third-party multifamily...Continue reading »
What’s the number one way to have a breakthrough in your business? Time and time again I’ve seen friends, acquaintances, and students have their major breakthrough attending an event. You’re in luck because I’ve scored you FREE tickets to Jay Conner’s 3-Day Private Money Event, which is a heck of an opportunity to reach your “breakthrough”...Continue reading »
Research firm Yardi Matrix reports it has registered rent concessions in every one of the 133 markets it tracks. By Bendix Anderson (NREI Online Article) — Property managers are offering more months of free apartment rent to attract new tenants in markets across the United States. Concessions “are in every market (133) we track,” says Doug...Continue reading »
