Apartment watch

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

rent payments

Rent payments down slightly in July

The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 77.4 percent of apartment households made a full or partial rent payment by July 6 in its survey of 11.4 million units of professionally...

NMHC and NAA statement on the extension of the CDC Eviction Moratorium

The National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) are deeply disappointed with the extension of the Center for Disease Control (CDC)’s eviction moratorium. After grappling with the financial distress of the...

55+ housing market shows continued strength in second quarter

Builder confidence in the single-family 55+ housing market continued to be in positive territory in the second quarter of 2018, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI) which was released...

Ginnie Mae MBS Outstanding increases to $2.033 trillion

Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $33.668 billion in November. A breakdown of November issuance includes $32.192 billion of Ginnie Mae II MBS and $1.476 billion of Ginnie Mae...

IWAE alerts geothermal heat pump owners regarding new federal tax rebate

IWAE.com issued an alert to property owners who purchased and installed a geothermal heat pump in the United States on or after January 1, 2017. Such persons who are also United States citizens are...
commercial mortgage

Multifamily mortgage originations rebound in Q2

A report from the Mortgage Bankers’ Association (MBA) says that originations of multifamily mortgages were up when compared to quarter-earlier and to year-earlier levels. Multifamily mortgage lending recovers The first chart, below, shows the quarterly origination...

Residential construction spending mixed in March

The Census Bureau’s report on construction spending shows that the value of residential construction put in place in March was up 1.7 percent from February’s level despite a small drop in the multifamily category....

HUD announces cross-agency efforts to increase affordable housing supply

The Department of Housing and Urban Development (HUD) on Wednesday announced a series of actions it is taking as part of the Biden-Harris Administration’s plan to create, preserve, and sell nearly 100,000 additional affordable homes for homeowners and renters across the country over the...

Resilience of U.S. economy tested by COVID-19 outbreak and oil price shock

According to the latest commentary from the Fannie Mae Economic and Strategic Research (ESR) Group, the COVID-19 (coronavirus) outbreak and sharp decline in oil prices are likely to result in decreased economic growth. Assuming the...

Statement on NMHC/NAA signing letter calling for end to government shutdown

On January 18, the National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) joined over 200 organizations in signing on to a United States Chamber of Commerce coalition letter to President Trump...

HUD awards more than $130 million to provide affordable housing to people with disabilities

The U.S. Department of Housing and Urban Development (HUD) awarded $131.3 million to 325 local public housing authorities across the country to provide affordable housing to approximately 15,363 additional non-elderly persons with disabilities. Secretary...

HUD awards nearly $2.2 billion to local homeless programs

U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced nearly $2.2 billion in grants to support thousands of local homeless assistance programs across the nation. HUD’s Continuum of Care grants will...

Mixed reports on multifamily property prices in February

Recent reports from CoStar and from Real Capital Analytics (RCA) paint different pictures of short-term movements for multifamily property prices in February. Defining the indices The CoStar report focuses on a relative measure of property values...

epIQ Index report on top management companies released

ApartmentRatings and SatisFacts Research have announced the list of 2020's top 100 multifamily property management companies by portfolio size and the top 250 rental communities nationwide as part of their epIQ Index Biannual Report,...

HUD charges two Ohio companies with discriminating against residents with disabilities

The U.S. Department of Housing and Urban Development (HUD) announced today that it has charged two Ohio corporations, Epcon Communities, Inc., and Epcon Communities Franchising, Inc. (Epcon), with housing discrimination for failing to design...
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