Developers putting shovels in the ground today will need to anticipate what renters want a couple of years from now, notes Rick Haughey of the National Multifamily Housing Council. By Rick Haughey (MultiHousingNews.com Article) — On the horizon is a massive wave of demand for apartments that stretches well into the future. In fact,...Continue reading »
Multifamily/Small Apartments
Will production for workforce and low-income housing ever meet demand? By IvyLee Rosario (MultiHousingNews.com Article) — Multifamily development presents a significant gap. The U.S. needs to build an average of 328,000 new units every year through 2030, according to the National Multifamily Housing Council. Yet the nation has...Continue reading »
The low-interest rate environment is fostering competition for acquisitions, which is creating some unique investment scenarios, notes Stephen Catarinella of CAPREIT. By Stephen Catarinella (MultiHousingNews.com Article) — As the apartment market continued to sizzle midway through the decade, few anticipated that investors would...Continue reading »
In the second article of our 2020 outlook series, Presidium’s John Griggs weighs in on the main trends and challenges expected to shape the multifamily sector over the next 12 months. By Adina Marcut (MultiHousingNews.com Article) — After a slow start to the year, particularly due to higher interest rates, the multifamily market regained...Continue reading »
Changing models make bulk internet en vogue again. By Joe Bousquin (MultiFamilyExecutive.com Article) — Navigating the world of connectivity at today’s apartment buildings can seem like déjà vu all over again for multifamily operators. After all, many apartment pros are still reeling from legacy “bulk” TV, internet, and phone deals, where...Continue reading »
A guest commentary from Grace Hill CEO Dru Armstrong on how to keep your training up to date. By Dru Armstrong (MultiFamilyExecutive.com Article) — Federal employment and workplace standards have generally been a predictable and, of course, required compliance benchmarks for multifamily housing property managers. While state variations have always...Continue reading »
P.B. Bell’s Debbie Willis provides strategies for how property managers can handle the package chaos. By Debbie Willis (MultiFamilyExecutive.com Article) — As the holiday season is in full swing, residents are actively online shopping to find the perfect presents for their family and friends. As joyous as this time of the year can be, this season...Continue reading »
While average rents rose 3.1 percent year-over-year through November, several metros saw rents decline by as much as 4.6 percent. By Razvan Cimpean (MultiHousingNews.com Article) — Countrywide, average rents rose 3.1 percent year-over-year through November, to $1,473, according to Yardi Matrix data. Meanwhile, the five metros on this list...Continue reading »
Basis Investment Group’s Shaunak Tanna discusses strategies for successful financing operations today and where business growth potential lies as we move into 2020. By Alexandra Pacurar (MultiHousingNews.com Article) — Low interest rates and availability of capital, along with increasing multifamily demand have created favorable...Continue reading »
Fogelman Properties’ Justin Marshall details how operators can tackle industry’s ongoing challenges. By Justin Marshall (MultiFamilyExecutive.com Article) — Looking ahead at 2020, property managers and multifamily operators certainly have their hands full with the ongoing challenges of onboarding new technology, the struggle for solid on-site...Continue reading »
