These large metros are growing the fastest; Fannie Mae reports on a rebounding economy; Fed votes to keep interest rates unchanged; private capital ramps up lending; and more in this weekly roundup of multifamily news items.
Lease renewals hit an all-time high; how crowdfunding has transformed real estate investing; renters demand storage; and more in this edition of the ALEX Chatter’s weekly multifamily roundup.
U.S. multifamily rents increased this August to an average of $1,200 — up $3 from July — which represents the eighth month in a row a new record high has been set.
Spy planes are tracking apartment construction; 10 spots with Class B rent growth premiums; apartment rents break record for 8th straight month; cap rate trends; and more in this week’s multifamily news roundup.
The greatest real estate deals in American history; where Airbnb is having the biggest impact on rent growth; value-add projects remain an attractive alternative to development; banks slow multifamily lending while GSEs hit the gas.
FHFA increases 2016 multifamily caps; Consumer spending expected to bolster economic growth; renting becomes a lifestyle for the long haul; a look back at how NYC’s failed olympic bid; and more in the week’s apartment news roundup.