Reversing the trend of consolidation from the previous year, occupied small asset multifamily inventory expanded in 2017, according to new data from the U.S. Census Bureau 2017 American Community Survey (ACS).
Are Small Buildings More Family Friendly?
With larger units and more suburban locations, a larger share of small buildings serve renters with children.
The Age Distribution of Renters: Who Lives in Small Properties?
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.
Apartment Affordability: Are Small Buildings Gentler on the Wallet?
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.
Number of Older (55+) Renters Could Double by 2030
Our previous look at the demographics driving apartment demand focused primarily on younger renters — let’s now look at the other end of the age spectrum.
Suburban Apartments Offer Aging Millennials More Space, Value
Will demand for small apartment assets in suburban corridors increase as aging millennials leaves cities looking for value, space and schools?
Apartment Rent Growth: Small Buildings Lag Behind Large Properties
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?