Small Multifamily

Figures from the the latest Census update for year-end 2015 show stronger growth in the secondary and tertiary small asset apartment markets compared to the gateway markets.

Although smaller in share compared to the Millennials and Baby Boomers, Gen X renters are critical to apartment household formation. Relative to other age groups, more Gen X renters are likely to form households with higher incomes.

Here’s a quick look at the small balance multifamily finance and investment benchmarks for Q3 2016.

In the age when people camp outside for days to get their hands on the latest iPhone, it should come as no surprise that some renters are always willing to pay premiums to live in the newest apartment properties.

The latest numbers from the American Community Survey confirm the importance of millennials for rental demand.

Married households and families are well-represented in small property apartments. Reflecting that skew to larger households, smaller properties account for a relatively smaller share of single renters when compared to large buildings.

In this closer look at Millennial renters, we find they are well-represented in small, low-amenity properties.

Immigration plays an important role in shoring up household formation rates and housing demand in the United States. Here’s a first look at the significance of immigration on the small property rental market. 

Though large coastal metros have the highest rent levels, some smaller secondary markets have been experiencing steeper rent increases. Here is a look at the Top 20 metro areas in the United States.

How does race composition vary by the size of an apartment building? Fairly significantly, it turns out, as is demonstrated in this new look at data from the American Community Survey.