Did you know that insurance costs for owners, operators, and developers of rental housing have climbed by an average of 26% over the last year? Rising interest rates and other economic headwinds make 2023 different than other years. If you need to acquire or renew rental property insurance, there are a few things you should know.
Last month, the Department of Housing and Urban Development (HUD) announced the removal of the $25 million loan amount cap for transactions under the Low-Income Housing Tax Credit (LIHTC) Pilot Program. Heralded as a massive win for affordable housing, this opens the door to more investment in a sector where tenant demand outweighs available supply.
Environmental, social, and governance (ESG) programs do more for a company than meets the eye. This emerging framework, which reimagines how corporations interact with the world around them, can boost profitability and valuation. But did you know ESG programs also provide lesser-known benefits that are equally valuable to investors and other stakeholders?
Utah is quietly having a moment. Already a national leader in natural population increase and state-level population growth, its nexus of metros, including Salt Lake City, Provo, and Ogden, has attracted increasing numbers of young, high-income renters due to its affordability, robust labor market, and exciting outdoor activities.
SFR’s significant structural support has enabled it to take noticeable steps forward, while other commercial property types have been merely treading water.
Forty years ago, Ivan Kaufman, a first-year law student at Hofstra, planted the roots of what would become Arbor Realty Trust. To commemorate the company’s founding and growth, a group of employees planted an Eastern Red Cedar tree, a symbol of strength and resilience, at Tanglewood Preserve in Rockville Centre, NY, this week.
Most rental markets from New York City to San Francisco are tight right now, but are some feeling the pinch more than others? To answer this question, Chandan Economics created a matrix that analyzes rent growth and rental occupancy rates to find out which metro markets have the highest demand for rental housing.
Where are America’s small apartment properties (5 to 49 units)? Which markets are growing the fastest? The data presented here is the first-ever assessment of the geographic distribution of the small asset apartment inventory.
Download your free copy of the Summer 2016 Small Balance Multifamily Investment Trends Report.
Most new multifamily construction has focused on delivering large, amenity-rich properties. As the small asset (5 to 49 unit) apartment stock ages, the potential for value-add investment increases.
The size of an apartment property can tell you a lot about how its tenants earn a living. Larger assets typically mean larger incomes.
Download your free copy of the Spring 2016 Small Balance Multifamily Investment Trends Report.
We’ve come a long way from the days of dial-up modems, AOL free trial disks and bulky desktop computers.
With larger units and more suburban locations, a larger share of small buildings serve renters with children.
While the broader market’s attention has been focused on Millennials living in large, high-amenity properties, the data on the age of renters and where they reside hold some surprises.
The balance of amenities and affordability are arguably the most important drivers for a renter’s choice of location. As rent growth has outpaced wage growth, the issue of apartment affordability has acquired new urgency.
It turns out you can rent a two-bedroom in a small apartment property for less than a studio in a large property. Is this a value proposition for multifamily investors?