Apartment watch

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

Lumber price surge drives construction material prices higher

The Bureau of Labor Statistics (BLS) released its producer price index report for September 2020. It showed that the BLS price index of materials and components for construction was up 2.1 percent from August,...

Lumber drives construction material prices higher again

The Bureau of Labor Statistics (BLS) released its producer price index report for August 2020. It showed that the BLS price index of materials and components for construction was up 0.9 percent from July,...

Construction materials prices lower as lumber falls

The Bureau of Labor Statistics (BLS) released its producer price index report for November 2020. It showed that the BLS price index of materials and components for construction was down 0.3 percent from October,...

Construction materials prices edge higher as lumber rebounds

The Bureau of Labor Statistics (BLS) released its producer price index report for December 2020. It showed that the BLS price index of materials and components for construction was up 0.8 percent from November,...

Looking ahead to 2021

Both CBRE and Yardi Martix have recently issued reports which discussed the prospects for the multifamily housing market in 2021. This article describes some of the key take-aways from those reports. The long view Both reports...

Bumps in the road for Katerra

Ambitious construction startup Katerra has laid off 7 percent of its workforce as it shifts its focus from fleshing out its product offerings to becoming profitable. This is at least the fourth round of...
colorado rental housing law

Rental housing law in Colorado

Nexus Commercial Realty recently presented a webinar outlining legislation being considered which affects multifamily housing. While the focus of the webinar was on legislation pending in Colorado, many of the issues being discussed there...

Comparing urban and suburban apartment markets

RealPage recently held a webinar where they discussed the differences between the recent performance and the future prospects of the urban core apartment markets compared to the more suburban markets. Inspiration for this webcast came...

GSEs increase share of multifamily mortgage debt again in Q4 2020

A Mortgage Bankers Association (MBA) report on multifamily and other commercial mortgage debt shows that the GSEs accounted for 96 percent of the increase in multifamily mortgage debt outstanding in Q4. Unlike the MBA report...
economic forecast

Fannie Mae updates 2021 and 2022 forecasts

Fannie Mae recently revised its economic outlook for 2021. The new forecast predicts significantly higher growth over the next two years than their last forecast from only one month ago. The economists at Fannie...

Multifamily property values continue to rise

Recent reports from CoStar and from Real Capital Analytics (RCA) show that multifamily property values continue to rise in September despite the pandemic. Defining the indices The CoStar report focuses on a relative measure of multifamily...
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Emotional support animal vs person with allergies: Who wins?

The Iowa State Supreme Court looked at a conflict between two people, both requesting "reasonable accommodation," in a recent ruling. Origins of the conflict Karen Cohen has a severe allergy to pet dander. Because of this,...
727 West Madison Sky Lounge

Midwest real estate experts preview 2020 multifamily trends

As the industry enters a new decade, concerns about a recession and oversupply in the U.S. multifamily market seem to be in most investors’ rearview mirrors. Instead, as noted in the recent U.S. Multifamily...
multifamily housing so Calif

How COVID is impacting the multifamily business in California

IMN recently put on a webinar discussing the impact of the pandemic on the business of providing multifamily housing in California. The webinar set a very ambitious number of topics to be discussed, especially...

Multifamily property values rise, but not uniformly

Recent reports from CoStar and from Real Capital Analytics (RCA) show that multifamily property values continued to increase through the end of 2020, despite the pandemic. Defining the indices The CoStar report focuses on a relative...
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