Across the country more people are choosing to rent, rather than buy.
Across the country more people are choosing to rent, rather than buy.
High speed internet and safe delivery of packages are two renter demands that today’s apartment property manager must meet.
Preliminary findings show that cap rates tightened in recent quarters for multifamily properties backed by small balance loans. The spread between cap rates on small and large properties also narrowed.
While Portland took the top spot with annual rent growth of 12.0%, seven of the top 25 MSAs for apartment rent growth in 2015 were in California.
Catering to families and other larger households, 2- and 3-bedroom units are well represented in small apartment assets.
Elite Apartment Coaching’s Chris Urso walks us through the basics of apartment deal analysis for financing.
You’ve probably heard that you make your money on the buy in real estate. While this holds true for multifamily, you maximize your investment and keep your money when you have a good manager in place.
Whether it’s the latest market research or tips for getting financing terms aligned with your investment goals, Chatter is your source for multifamily news, research and insight.
Slow and steady growth coupled by cautious optimism seemed to be the overall sentiment shared by real estate economists and industry experts at the 2018 ULI Fall Meeting in Boston, where panelists revealed their forecast for the U.S. economy and real estate market heading into 2019, as well as the annual ULI-PwC Emerging Trends in Read the full article…
Technology is proving to be a major disruptor across sectors and real estate is no exception. Ride hailing and driverless vehicles were two top-of-mind disruptors at the 2018 ULI Fall Meeting in Boston, with industry panelists noting that these technological developments are fundamentally changing the way we build and manage our assets, and changing renter Read the full article…
Contrary to popular perception, more Millennials are driving to work. However, older renters lead in the rate of car adoption.
While public transportation usage is highest among apartment renters, recent data show a secular decline, keeping with the overall trend of changing commuter preferences and workplace environments. Driving to Work Lower Among Apartment Renters Reflecting the recent spike in car ownership rates and lower gas prices, driving to work has experienced a resurgence. Conversely, public Read the full article…
Here’s a quick look at the small balance multifamily finance and investment benchmarks for Q2 2018.
While still below long-term averages, vehicle ownership is increasing across apartment properties.
Millennial students looking for off-campus accommodations in university towns rent more frequently in small apartment buildings, and at higher rates of apartment sharing.
While an overwhelming share of Millennials enrolled in degree programs continue to live with their families, living off-campus in apartment building shares can provide a smoother path toward independent living.
Strong economic growth, rising interest rates, and exceptionally tight labor markets contributed to small balance lending volume reaching an annualized rate of $47.0 billion through the first half of 2018, down 5.8% from last year.
The Southeast Region of the U.S. has continued to see strong rent growth, with nine of the 12 primary markets experiencing rent increases higher than the national average over the 12 months ending in Q2 2018. Vacancy rates across the region have skewed higher recently, driven by the addition of new supply in the markets.