Sunday, February 2, 2025

Apartment Watch

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

Class B apartments lead occupancy increases

Apartment occupancy has increased across all three asset classes lead by Class B, despite a 50-year-high wave of new apartment deliveries, according...
Mary loves Caddyshack but hates gas ranges

Clearing the air on gas ranges

If you have not watched the movie, “Caddy Shack” I highly recommend it. Not only is it one of Bill Murray’s finest performances, but...

Rents start the new year on a down note

The latest rent report from Apartment List shows that the national median monthly rent growth in January was -0.21 percent. Rents have fallen on...

IRR: Cap rates edged higher in 2024

Intergra Realty Resources (IRR) recently released its annual Viewpoint report for 2025. The report discusses the state of the US economy and presents an...
Single-family rental for rent

SFR rents rise at lowest pace in years

CoreLogic reported that their single-family rent index (SFRI) for November rose 1.5 percent from its year-earlier level. This is down 0.2 percentage points from...

Strong senior housing demand and occupancy outpace supply

Senior housing demand is increasing as occupancy reaches new highs, but supply remains stagnant, according to the National Investment Center for Seniors...
Mary loves water conservation

The roots of sustainability

I was recently reminded of my early roots in sustainability in multifamily. Specifically, carrots. For my first major renovation, I wanted to do a toilet...

MSCI: Multifamily property prices stop falling in December

The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices were unchanged month-over-month in December from the revised...
apartment market conditions

NMHC: apartment market conditions deteriorate in Q4

Apartment market conditions declined in the National Multifamily Housing Council’s (NMHC’s) most recent Quarterly Survey of Apartment Market Conditions. All four indices – Market...

Multifamily starts projected lower than in last month’s forecast

As in last month’s forecast, Fannie Mae’s January housing forecast calls for multifamily housing starts to bottom out in mid-2025 and then to steadily...
loan losses

Multifamily CMBS special servicing rate jumps in December

Trepp reported that special servicing rate for multifamily commercial mortgage-backed securities (CMBS) loans increased again in December, jumping 135 basis points. It is now...

Multifamily starts rebound

The Census Bureau’s new residential construction report stated that, after falling to the lowest level since April 2020 last month, multifamily starts rebounded to...

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