Pew report: new multifamily buildings safer than older stock
A new analysis by the Pew Charitable Trusts finds that residents of modern multifamily buildings, particularly those built since 2000, experience the lowest fire death rates of any housing type in the...
Yardi Matrix: Advertised rents drop in September
Yardi Matrix reported that the national average asking apartment rent fell $6 in September compared to the revised level of the month before to $1,750 per month. The national average year-over-year asking apartment rent growth was...
Multifamily CMBS delinquency rate moves lower
Trepp reported that the delinquency rate for multifamily commercial mortgage-backed securities (CMBS) retreated in September after last month’s surge. The overall CMBS delinquency rate also fell. Its 6 basis point decline reversed last month’s...
Provide visibility to drive behavior
Winston Churchill once said, “The longer you can look back, the farther you can look forward.” I like that as I think understanding history is like looking at the consumption patterns of a building...
Mom-and-pop landlords still dominate SFR
Despite the steady drumbeat of headlines about Wall Street landlords and institutional investors buying up homes, the single-family rental (SFR) market remains firmly in the hands of small-scale owners. A new analysis...
JOLT report shows slow job growth despite higher openings
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of total non-farm job openings in August rose to 7.23 million. However, minimal employment growth...
Rent growth negative in September
The latest rent report from Apartment List shows that national median rent fell in September with month-over-month rent growth of -0.42 percent. As it has been for the last two years, year-over-year rent growth...
CoStar: multifamily property prices continue to decline in August
CoStar reported that its value-weighted index of multifamily property prices fell month-over-month in August, dropping 1.31 percent, its sixth consecutive monthly decline. However, CoStar reported that this index was still up 1.84 percent year-over-year.
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New rules: renter search journeys are changing
The renter search journey has changed dramatically, and so has the renter, finds a recent survey of over 1,000 U.S. residents conducted by SOCi. Today’s renters—particularly Millennials and Gen Z—are no longer...
MSCI: Multifamily property prices unchanged despite overall price rise
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices were effectively unchanged in August compared to the revised level of the month before. This is the third...
Energy efficiency is a resident retention tool
I once attended a conference with a team member. At the lunch break, she turned to me and said, “You are really good at doing things, and really bad at sharing what you have...
Life insurers raise holdings of multifamily mortgage debt in Q2
The Mortgage Bankers Association (MBA) reported that multifamily mortgage debt outstanding rose by $27.70 billion in Q2 from the revised level of the quarter before. Total multifamily debt reached a level of $2.195 trillion....
Multifamily starts forecasts revised higher again
Revisions to Fannie Mae’s September housing forecast raise the number of multifamily starts expected in 2025 and 2026 from those in last month’s forecast. Fannie Mae is now predicting 412,000 starts in 2025 with...
Yardi Matrix: student housing shows strong preleasing, slowing rent growth
Preleasing in the student housing sector has reached a strong level as the 2025–2026 academic year begins. According to the Yardi Matrix Student Housing September 2025 report, preleasing for the Yardi 200...
Smart thermostats are a really smart move
Multifamily property owners are constantly seeking ways to increase net operating income (NOI), boost property valuations, and enhance resident satisfaction. This is particularly true at this moment where costs are rising faster than rents...