Apartment watch

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

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...
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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...

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...
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...

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,...
multifamily property prices

Multifamily property values continue to rise in August

A pair of recent reports, one from CoStar and another from Real Capital Analytics (RCA), show that multifamily property continues to see price increases despite the pandemic. Defining the indices The CoStar report focuses on a...

New housing laws coming to California

The 2020 legislative session in California saw the consideration of at least 9 significant bills intended to address the state’s housing deficit. When the session ended at midnight on August 31, only two of...
multifamily housing construction

Multifamily housing construction rebounds in July

The Census Bureau released its monthly new residential construction report for July 2020. It shows a strong rebound in multifamily housing construction. Permits up strongly The number of permits issued for buildings with 5 or more...

Multifamily property values outperform since COVID

A pair of recent reports, one from CoStar and another from Real Capital Analytics (RCA), track the changes in values of commercial property in the United States. This article looks at the parts of...
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Rent growth barely positive in August

Yardi Matrix released its August 2020 report on the multifamily rental housing market. The report shows that rent growth was positive for the second month in a row and that secondary markets are doing...

How many housing units does California need by 2025?

A McKinsey study estimated California’s housing shortfall at 3.5 million units by 2025. Providing these units has been the stated goal of Governor Newsom and of the California State Legislature. A study by the...

Rents continued to decline in June

Yardi Matrix released its June 2020 report on the multifamily rental housing market. The report shows continuing softness in the market. The rent decline continues The nationwide average rent in June fell by $2 from its...
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Update on student housing

RealPage recently presented their student housing fall market update. It reported that rent growth and occupancy numbers are below what has been seen in recent years but they are not as bad as some...
prop 21 votes

Taking sides on Prop 21

The latest rent control initiative to appear on California’s ballot will be voted on this November. People and groups are now declaring where they stand on Proposition 21. Recapping the basics Prop 21 would allow rent...
multifamily housing

Rents recover (somewhat) in July

Yardi Matrix released its July 2020 report on the multifamily housing market. The report shows some recovery in rents for the multifamily rental housing market nationally, but wide variations between metro areas exist. The rent...
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