Unlocking a smart future
Smart technology is unlocking the door to a better experience for apartment renters, making management’s job easier and increasing the value of multifamily assets,...
AI that actually works for multi-dwelling operations
Like many, you probably have tech at home. As an early adopter, I’m acutely aware that it’s more a hobby than a tried and...
Construction materials price rises moderate in July
The Bureau of Labor Statistics (BLS) released its producer price index (PPI) report for July 2022. It stated that construction materials prices were up...
Housing affordability falls to lowest level since Great Recession
Rising mortgage rates, high inflation, low existing inventory and elevated home prices contributed to housing affordability falling to its lowest point since the Great...
Rental vacancy rate declines in Census report
The Census Bureau released its quarterly report on home ownership and occupancy for Q2 2022. It showed that the rental housing vacancy rate was...
Rent growth rate declines in July
Yardi Matrix reported that the national average apartment rent growth in July was $10, bringing the average rent to $1,717 per month.
Rent growth rate...
$9.8 million in financing secured for Jersey City multihousing development
JLL Capital Markets announced that it has arranged $9.775 million in construction financing for One Mallory, a 44-unit, seven-story luxury multihousing development at 70...
Sale of multihousing community in Arizona closes
JLL Capital Markets announced that it has closed the sale of Tempe Metro, a 408-unit, value-add, wrap-style multihousing community in Tempe, Arizona.
JLL marketed the...
JLL’s Valuation Advisory group expands multihousing practice with addition of Nik...
JLL’s Valuation Advisory group announced that it has hired Nik Bex, MAI, as Executive Vice President in its Chicago office. Bex will focus on...
Ian Anderson joins Cushman & Wakefield’s Sunbelt Multifamily Advisory Group
Cushman & Wakefield announced that the commercial real estate services firm has hired Ian Anderson to join the Sunbelt Multifamily Advisory Group where he will...
NAHB Power Hitters with Audra Hamernik
Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Audra Hamernik, President and CEO of Nevada HAND.
Transcript: NAHB Power Hitters interview....
NAHB Power Hitters with Tom Skaar
Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Tom Skaar, Owner of Pacific Western Homes.
Transcript: NAHB Power Hitters interview. Linda...
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Move to double lumber tariffs is a gut punch to American...
Chuck Fowke, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Tampa, Fla., issued the following statement after the...