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,...

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...

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,...

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...

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...
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 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...
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...
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...

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 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...
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...
rent growth leader

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...
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