Yardi Matrix looks at student housing trends for Fall 2024
According to the Yardi Matrix Fall 2024 student housing report and webinar, the strong getting stronger is an emerging theme among the Yardi 200. Yardi tracks the performance of 1.15 million student...
Size and location are factors in student housing performance
Size and location are factors when it comes to student housing property performance, according to the 2024 Fall report and podcast by Yardi Matrix on November 21. Yardi Matrix expects another great...
‘Tis the seasonality
Growing up in unincorporated Fresno where your nearest neighbor was five miles away, it was a prerequisite to have a hound dog. Mine was a coonhound named Major. I loved him. In addition to...
SFR rents rise, but more slowly
CoreLogic reported that their single-family rent index (SFRI) for September rose 2.0 percent from its year-earlier level. This is down 0.4 percentage points from last month’s reported year-over-year rent growth rate and is down...
Multifamily starts forecast to rise throughout 2025 and 2026
Fannie Mae’s November housing forecast calls for multifamily housing starts to bottom out at the end of 2024 and then to steadily increase through the rest of the forecast horizon. Despite the growth, the...
Tech firm launches BPS management solution software
GreenT Climate Software has announced the official launch of their BPS Management Solution, a web-based software built specifically for multifamily real estate portfolios to automate portfolio-wide sustainability compliance visibility, plan capital expenditures and protect...
A short guide to staying up-to-date
The first time I ever presented a case study purely on the economic value of sustainability was at the NWP Energy Summit in 2014. It was an amazing, nerve-wracking experience in which, prior to...
MSCI: Multifamily property prices lead decline in October
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices fell 0.3 percent in October from their level of the month before. Prices were down 6.1 percent from...
Multifamily starts higher despite fall in permits
The Census Bureau’s new residential construction report stated that multifamily starts moved higher after last month's fall. However, both multifamily permits and completions were lower for the month. The number of permits issued for buildings...
2025 GSE multifamily loan caps set
The Federal Housing Finance Agency (FHFA) announced that the 2025 multifamily loan purchase caps for Fannie Mae and Freddie Mac (the Enterprises) will be $73 billion for each Enterprise, for a combined total of...
Builder sentiment improves after election
Builder sentiment improved for the third straight month and builders expect market conditions will continue to improve with Republicans winning control of the White House and Congress. Builder confidence in the market for newly built...
Multifamily CMBS special servicing rate higher in October
Trepp reported that special servicing rate for multifamily commercial mortgage-backed securities (CMBS) loans moved higher for the third month in a row in October, rising another 14 basis points. The overall CMBS special servicing...
Which multifamily market will see the highest rent growth in 2025?
Moody’s Analytics associate director and economist Nick Villa gazes into his crystal ball to determine which markets will see the highest apartment rent growth in 2025.He leans on Moody’s Q3 2024 Preliminary...
Construction materials prices rise in October
The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.3 percent month-over-month in October on a seasonally adjusted basis. However, the change in construction...
Requiem for sustainability?
As a practitioner of sustainability in multifamily, sometimes I hear things that crack me up. My all-time favorite was an article about a town in North Carolina which moved to ban solar because it...