Monday, March 31, 2025

Apartment watch

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

MBA: commercial mortgage delinquency rates on the rise

A recent report from the Mortgage Bankers’ Association (MBA) states that commercial and multifamily mortgage delinquency rates have been rising for the last two years. For some categories of lenders, delinquency rates are now...

Rental housing economist debunks monopoly myths

Rental housing economist Jay Parsons is known for challenging conspiracy narratives about the multifamily industry. This week, on his LinkedIn page, he debunks monopoly myths that claim large corporate landlords dominate the...
multifamily property prices and commercial property prices on the rise

MSCI: Multifamily property prices continue recovery

The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices were up 0.2 percent month-over-month in February from the revised level of the month before. However, prices were...
CBMS special servicing rates and loan losses

Multifamily CMBS special servicing rate rises in February

Trepp reported that special servicing rate for multifamily commercial mortgage-backed securities (CMBS) loans resumed its upward trend in February, rising 9 basis points. The overall CMBS special servicing rate on commercial property rose 45...
Rents on the rise

Rent growth blooms in spring

The latest rent report from Apartment List shows that the national median monthly rent growth in March was +0.59 percent. Rents have now risen for 2 months in a row. However, year-over-year rent growth...
zoning can aid or hinder sustainability

Zoning sets the foundation for sustainability

Recently, ULI’s Lewis Center for Sustainability hosted a sustainability exchange session, titled: Reshaping the City: Zoning for Sustainability, Health, and Inclusion, in which Sara C. Bronin, author of “Key To The City” discussed how...

Least and most affordable cities for single renters

According to a new study from New York-based listing service RentHop, single renters are faced with widely varying housing burdens dependent on the median rent and income in a given area. Of...

Multifamily CMBS delinquency rate edges higher

Trepp reported that the rise in the delinquency rate for multifamily commercial mortgage-backed securities (CMBS) loans continued in January, although more slowly than in recent months. The overall CMBS delinquency rate declined marginally, falling...
multifamily property prices

MSCI: Multifamily property prices show positive trend

The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices were up 0.7 percent month-over-month in January from the revised level of the month before. However, prices were...

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 update on the operating performance data for four commercial property...
Federal Reserve keeps fed funds rate unchanged

Fed keeps interest rate trajectory unchanged

The economic projections released by the Federal Open Market Committee (FOMC) after this week’s meeting indicate that they expect the interest rate trajectory to be the same as they projected with the last release...
multifamily starts forecast rises

Multifamily starts forecasts raised

Fannie Mae’s February housing forecast calls for multifamily starts to slow to start 2025 but to then rise through the end of 2026. The starts forecasts for every quarter in 2025 and 2026 were...

New boss, potential budget cuts for affordable housing

President Trump’s budget cut proposals for housing programs have raised concerns in the affordable housing industry. On the table are proposed reductions to the U.S. Department of Housing and Urban Development (HUD)...

Multifamily industry excluded in FTC’s final rule on junk fees

The multifamily industry was excluded in the Federal Trade Commission's (FTC) final "junk fees" rule that targets bait-and-switch pricing tactics that result in unfair competition. The FTC published its final rule on...

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 the highest level in a year in December. However, both...
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