Articles
The top U.S. multifamily markets by sales volume included major cities like Manhattan and Chicago, with several Sun Belt metros making the list.
10 Items to Have on Hand for the Fastest Financing Possible
When you’re ready to secure financing, we’re here to make the process go as smooth as possible. Having the following 10 items taken care of will help you stave off any last-minute road blocks.
Uptake of Solar Heating in Small Apartment Properties Slow, Skewed to South-West
Making an apartment community more energy efficient can boost NOI by reducing operating expenses. While gas and electric power the majority of America’s housing stock, the use of solar thermal heating has increased by 19% from 2010 to 2015.
High Skilled Workers are Moving to Secondary Markets
While Gateway markets like New York and San Francisco still dominate, the STEAM job market (think STEM plus arts) is increasingly moving to Secondary markets.
Q1 2017 Multifamily Market Update: Despite Slow Sales, Prices Still Up
The U.S. multifamily market continued to post positive results during Q1 2017. Rent growth remained strong, while vacancy remained low and demand kept pace with high levels of new supply. Investment activity was slow to start the year, although prices continued to increase.
Metro Market Trends: Household Income vs. Asking Apartment Rents
Let’s examine the relationship between small asset apartment asking rents and household income across the nation.
Which Small Asset Renter Segments Have the Highest Household Incomes?
Evaluating household income by renter segments helps apartment investors better position and price their units. In the case of small properties, married couples and individuals sharing rental units have significantly higher incomes.
Full ‘STEAM’ Ahead: Skilled Workers Supporting Small Asset Apartment Growth
Growth trends for small asset renters in highly skilled occupations are encouraging. These findings align with projected job growth forecasts into the middle of the next decade.
How Affordable are Apartments in the Largest U.S. Metros?
Despite a marginal improvement for small property renters, housing affordability levels remain uneven across the major metros in the US.
The Numbers Behind the Dallas Multifamily Boom
Dallas was one of the hottest multifamily markets in the U.S. during 2016. Rent growth accelerated as vacancy reached historic lows, strong employment growth continued to drive new development, and investment activity reached record highs.