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 »
Multifamily/Small Apartments
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 »
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 »
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 »
