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 »
Multifamily/Small Apartments
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 »
Here are three ways to generate additional revenue to recover the cost of pet amenities and wear and tear on a community, according to Bridge Property Management’s Peter Cowan. By Peter Cowan (MultiHousingNews.com Article) — Residents love their pets and won’t feel at home unless their pets do. Some residents care more about...Continue reading »
Transwestern Commercial Services and Devencore’s 2020 sentiment survey unveils the expectations for the industry’s performance this year. By Barbra Murray (MultiHousingNews.com Article) — Transwestern Commercial Services and Montreal-based Devencore, which formed a strategic alliance in 2018, have released a report...Continue reading »
CEO Bob Hart discusses expansion and value-add strategies with MFE. By Jennifer Castenson (MultiFamilyExecutive.com Article) — Supply for multifamily housing is in high demand in nearly every market across the country, which could make it the best time in history to be a developer. However, developers face so many pressures that are...Continue reading »
A new study by Orkin shows the nation’s capital moving into the top spot for infestations. By Scott Sowers (MultiFamilyExecutive.com Article) — Orkin, based in Atlanta, recently released its annual list of cities with the most reported bed bug infestations, and Washington, D.C., is in the No. 1 position. Nearby Baltimore drops to No. 2 after...Continue reading »
