RIDGEWOOD, NY — A six-unit apartment property located at 2041 Palmetto St., recently sold for $1.825 million.
SANTA MONICA, Calif. — A three-unit apartment property located at 1528 16th St., recently sold for $1.796 million.
Job growth is one of the most important factors to consider when deciding where to invest in multifamily properties. After all, a property owner will only be as successful as his or her tenants.
WASHINGTON – Fannie Mae provided $42.3 billion in financing to the multifamily market in 2015 to support 569,000 units of multifamily housing – of which over 90 percent of the units financed support affordable or workforce housing*.
NEW YORK — An apartment building at 306 West 22nd St., located between Eighth and Ninth Avenues in Manhattan’s Chelsea neighborhood, was sold in an all-cash transaction valued at $6.8 million.
Cross-border multifamily investment reached new highs during 2015, with Canada leading the pack.
UNIONDALE, N.Y. — Arbor Commercial Mortgage, LLC, one of the nation’s largest direct commercial real estate lenders, today unveiled ALEX (Arbor LoanExpress), the multifamily industry’s first ever, all-agency, online loan origination platform.
SONOMA, Calif. — Boyes Springs Apartments, a 20-unit apartment property asset has sold for $1.8 million. Boyes Springs Apartments is located at 200 Pine Ave.
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.
Aided by growth in agency lending and refinancing activity, the volume of new multifamily loans with balances between $1 million and $5 million reached $49.8 billion during 2017
For their relatively lower rent levels, small apartment properties are surprisingly well-rated by their occupants, both in terms of unit quality and the neighborhoods in which they are located.
The U.S. multifamily market continued to post strong results during 2017. Rent growth slowed, although remained healthy, and appears to have peaked in 2015.
Increased life expectancy, aging baby boomers and the skyrocketing costs of hospital stays have created demand for a broader, more comprehensive set of seniors housing options. An expert panel met at the Mortgage Bankers Association’s (MBA) 2018 CREF conference in San Diego to expound on trends in the ever-evolving sector.
While a majority of apartment renters continue to live in small properties, renter growth in this property class is facing headwinds from large asset oversupply and rental incentives.
While apartment renting remains a predominantly urban affair across both the downtown and suburban areas of large US metros, renting activity is expanding into smaller cities and new property types.
When comparing rental demand by age segments, Baby Boomers stand out as the fastest growing group across the rental market.
The growing popularity of single-family rentals as a housing option for Millennials is skewing the multifamily inventory toward amenity-rich larger buildings. At the same time, the trend is helping consolidate smaller apartment assets.
Job growth, increased consumer spending and population demographics are three macroeconomic factors contributing to a positive outlook for the multifamily and commercial real estate market according to a new forecast released by the Mortgage Bankers Association (MBA) this week.
We recently examined trends in how today’s renters are searching for apartments. Let’s now take a look a why renters decide to make the move — though it turns out they are choosing to do so less frequently.