Articles
Annualized small multifamily lending volume hit $52.1 billion in the third quarter. Here’s a quick look at Q3 2020 small multifamily investment benchmarks.
Harvard 2020 Report Underscores Need For Affordable Housing
The JCHS 2020 report underscores the national affordable housing crisis. It points to growing numbers of renters with high incomes as well as those who are cost-burdened.
Small Multifamily Represents America’s Workforce Housing Stock
Small multifamily promotes greater accessibility to housing for workforce households than large multifamily. About 62% of all small multifamily households made less than $50,000 annually.
Top U.S. Multifamily Markets of the Decade
Over the course of the decade, the multifamily real estate market emerged as a premier asset class. Demand was driven not only by the shifting demographics, but also housing affordability issues surrounding escalating prices, limited supply and stagnant wage growth. See our breakdown of the decade’s top-performing multifamily markets.
Top Technology Trends Set to Impact the Apartment Sector
While many early technology solutions have been operationally focused, advanced technology like artificial intelligence and data analytics tools now allow owners to focus their efforts on improving the customer experience, panelists noted at the recent NMHC Annual Meeting in Orlando, FL.
Multifamily Development Strategies and Challenges in 2020 and Beyond
Key strategies for development, including building for long-term holds and adapting to changing renter profiles, were discussed at the recent NMHC Apartment Strategies Outlook Conference in Orlando, FL.
Small and Large Multifamily Renter Income Growing the Fastest
Renter income growth In small multifamily properties was slightly above the national average, while large multifamily households saw market-leading gains.