Multihousing Likely to be Impacted for Some Time by Lower-Than-Needed Housing Construction

Multihousing Likely to be Impacted for Some Time by Lower-Than-Needed Housing Construction

What does a shortage of single-family residential properties mean for the multihousing industry? A just-released report from Freddie Mac says the nearly-decade-long period of low residential property building is resulting in more demand for existing multihousing and other solutions for those seeking housing. The inadequate supply of housing is due, Freddie Mac says, to increasing […]

Cooling U.S. Multifamily Market No Cause for Alarm, YardiMatrix Says

Multifamily market rent declines in November reflected the normal seasonal fluctuation, are no cause for alarm, and demand remains strong, according to YardiMatrix’s Multifamily National Report (November 2018). “Multifamily rent growth in 2018 stands at 3.1%, higher than most estimates coming into the year. Rents have stalled in the fourth quarter, a typical pattern, declining […]

Study Ranks Best MSAs for Multifamily, Condo and SFR Price Growth

A recent study by HouseCanary examined the top 100 MSAs (metropolitan statistical areas) in the U.S. by population to determine which showed the highest year-over-year price growth for apartments, condos and single-family homes. An increase in population and jobs is a strong indicator of emerging markets where there could be potential for investors in multifamily […]

Commercial Investment Activity in Q1 2018 Rises 6.7% Compared with Q1 2017

First-quarter investment activity across the five commercial real estate sectors was up 6.7 percent in 2018, compared to Q1 2017, though total deal volume was lower than both the third and fourth quarters of last year, according to a new report from Tex-X Commercial. Ten-X’s latest Commercial Real Estate Volume & Pricing Trends report found […]

Multifamily Continues to Outperform Other Commercial Asset Classes

Multifamily investments continue to outperform other commercial property classes, according to the National Multi Housing Council. Even considering the current explosion of apartment development across many areas of the U.S., this trend can be expected to continue. A recently released NMHC white paper, “Explaining the Puzzle of High Apartment Returns,” provides analytical insight. And while […]

Chicago Multifamily Transactions Top $3.5 Billion

The $222.5 million sale of Coast at Lakeshore East led a stellar year of multifamily transactions for Chicago that topped $3.5 billion, according to a new article in Multi Housing News. Morguard North American Residential purchased the 45-story 515-unit, LEED Silver certified property from Magellan Development Group. The sale highlighted a year in which supply […]

Multifamily Investing Holding Strong in 2018

Don’t expect a slowdown in the multifamily sector anytime soon; multifamily investing is holding strong. Even though the homeownership rate rose in 2017 for the first time in 13 years, at 64.2%, it remains below the long-term average of around 65%. Millennial married buyers are getting major credit for nudging the rate higher. But there’s […]