Wednesday, April 9, 2025

Apartment Watch

Things to watch, what to know, in your apartment operation

new york city leads in rent growth

Rent growth continues positive in March

Yardi Matrix reported that the national average asking apartment rent was up $5 in March compared to the revised level of the month before...
2025 NMHC Top 50

NMHC 50 recognizes industry’s top firms

The National Multifamily Housing Council (NMHC) released their 2025 list of the largest firms in the US multifamily housing industry. The firms are ranked...

Job openings trend lower in February

The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings in February...

Strong employment growth overall but construction trades suffer

The Employment Situation Report from the Bureau of Labor Statistics (BLS) stated that the economy experienced strong overall employment growth in March. However, the...

Multifamily construction spending continues to fall in February

The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in February was down 0.03 percent...
natural gas price uncertainty

Expect volatility as energy markets adjust to tariffs

We all know that energy cannot be created or destroyed. We also know that it can be expensive. My news feed this morning was...

Investors see a transitional year for multifamily

Investors responding to Berkadia’s 2025 Investor Sentiment Survey, released in March, see a transitional year for multifamily characterized by uncertainty, with positive...

CMBS delinquency rate rises on jump in multifamily delinquencies

Trepp reported that the delinquency rate for multifamily commercial mortgage-backed securities (CMBS) loans surged higher in March, more than reversing last month’s decline. The...

CoStar: multifamily property prices and transactions both lower

CoStar reported that its value-weighted index of multifamily property prices fell 0.6 percent month-over-month in February, the second consecutive month-over-month loss. However, this index...
Fannie Forecast

Multifamily starts forecast steady despite lower GDP growth

Revisions to Fannie Mae’s housing forecast in March call for slightly more multifamily starts in 2025 but slightly fewer starts in 2026 than in...
multifamily property prices and commercial property prices on the rise

MSCI: Multifamily property prices continue recovery

The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices were up 0.2 percent month-over-month in February from...
zoning can aid or hinder sustainability

Zoning sets the foundation for sustainability

Recently, ULI’s Lewis Center for Sustainability hosted a sustainability exchange session, titled: Reshaping the City: Zoning for Sustainability, Health, and Inclusion, in which Sara...

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