Continuing on last year’s record-setting pace, the U.S. multifamily market posted another strong showing in the first quarter of 2022. Rent growth remained strong, climbing 15.6% year-over-year, higher than the 12.7% increase for all of 2021. As has been the case over the last two years, Sunbelt markets stood out among the nation’s top performers.
COVID-19 Multifamily Roundup (March 19, 2020)
Arbor Realty Trust’s COVID-19 Multifamily Roundup provides updated news links to assist real estate professionals in today’s financial environment.
COVID-19 Multifamily Roundup (March 18, 2020)
Arbor’s COVID-19 Multifamily Roundup updates our stakeholders with current news highlights to assist CRE professionals in today’s financial environment.
COVID-19 Multifamily Roundup (March 17, 2020)
Arbor Realty Trust’s COVID-19 Multifamily Roundup will offer links to news and insights on how the virus is impacting real estate investments.
Coronavirus Impact on Multifamily Property
Read why the coronavirus impact on multifamily property is predicted to be less extensive than with other real estate asset classes.
Coronavirus (COVID-19) CRE Resource Guide
Find out about coronavirus developments and the potential implications for the real estate industry with Arbor Realty Trust’s COVID-19 CRE Resource Guide.
Affordability, Amenities Attract Boomer-Senior Renter Demand
Older renters are increasingly becoming a significant driver of urban multifamily demand. Walkability, convenience and access to a variety of services attract aging Americans to certain cities.
Making Affordable Housing Yield Profits
With rising construction costs, a New York Build 2020 Expo panel shared their thoughts about an industry concern: How can affordable housing yield profits?
Medium-Sized Metros Remain Top Draw for Millennial Renters
While Gen Z is emerging as a source of multifamily demand, millennial renters still dominate the apartment market across a variety of metros.
PropTech to Increase Efficiency in Real Estate
While the real estate industry is slow to adopt new technology, experts provide steps to take when investing in proptech to increase efficiency.
Changing Amenities and Legal Requirements
What’s topping the checklists of property management concerns? A New York Build 2020 Expo panel agreed that in the upcoming decade, multifamily property owners will need to focus on two areas: amenities and legal requirements. Renovations Needed to Stay Competitive Owners will need to invest in upgrading their properties to stay current with tenants’ changing lifestyles. “With almost every lobby renovation, one of the key challenges is where do all the packages go and how do you distribute them,” said William T. Payne, principal at O&S Engineers & Architects. “What if the mailroom is way too small for Amazon?” More residents are ordering deliveries of not just meals but now groceries. Payne stated this raises additional security issues with more people knocking on the door. He also noted the rising demand for bicycle parking and charging stations for electric vehicles. With these types of property upgrades, owners need to be honest in their requests for proposals (RFPs), said Carmen Rainieri, regional director at Skanska. This includes providing accurate information about pricing and logistics. In working with contractors and consultants, “collaboration Read the full article…