HUD awards $5.2 million to 23 public housing agencies for emergency safety and security...
The U.S. Department of Housing and Urban Development (HUD) announced it is awarding $5.2 million to 23 Public Housing Authorities (PHAs) in 15 states to make needed improvements to their safety and security systems.
HUD’s Capital...
Costar says multifamily property prices down for second month
CoStar reported that its value-weighted index of multifamily property prices fell 1.4 percent month-over-month in August after a revised fall of 0.5 percent the month before. The index increased 15.2 percent year-over-year.
The combined value-weighted...
Assisted living occupancy rebounds
NIC MAP Vision, a market analytics company for the senior housing industry, released a mid-quarter analysis showing that occupancy in the assisted living market segment is recovering more strongly from the pandemic-era downturn than...
Multifamily housing construction activity falls slightly in October
The Census Bureau’s new residential construction report for October recorded slight declines in multifamily housing construction permits, starts and completions. However, none of the declines was more than 5 percent from the levels of...
Senior housing construction activity slows
NIC Map Vision reports that senior housing construction starts slowed dramatically in Q3 in the face of rising interest rates and construction costs. However, results vary greatly by the market segment of the product...
Residential construction spending continues to rise
The Census Bureau’s report on construction spending shows that the value of residential construction put in place in July was up 27 percent year-over-year.
Improvements offset single-family
The reported value of total private residential construction put...
Student housing preleasing sets record in 2022
Yardi Matrix recently provided updates on the student housing market, both in the form of a report and also in the form of a webinar. The report covered the student housing market fundamentals while...
New priced out study highlights the housing affordability crisis
A new study by the National Association of Home Builders (NAHB) puts a spotlight on the nation's housing affordability crisis and illustrates how even a relatively small increase in the price of a home can prevent hundreds...
Best in American Living awards embrace top design trends for 2021
More than 160 single-family, multifamily, interior design, remodeling and community projects were honored at the 2020 Best in American Living Awards (BALA) virtual ceremony. The awards are sponsored by Monogram Luxury Appliances, and the media partner is Professional...
MSCI: Multifamily property prices resume decline
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices in August were down 0.8 percent from their level of the month before and down 14.9 percent from...
Multifamily production at a two-year high as single-family starts remain firm
Despite production bottlenecks and rising construction costs, total housing starts led by a strong multifamily reading posted a solid gain in February as demand stays strong and existing inventory remains at low levels.
Overall housing starts...
Commercial property loan delinquencies under watch
A pair of reports, one from Trepp and one from the Mortgage Bankers Association (MBA) show that delinquency rates for commercial mortgages are generally low. However, delinquencies rates are rising for certain categories of...
NMHC/NAA Testify Before Congress on Behalf of Apartment Industry
Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) on today’s Congressional testimony before the Housing and Insurance Subcommittee by Sue Ansel, President and Chief Executive Officer, Gables Residential and...
Fannie Mae announces new measures to support residential tenants
Fannie Mae has remained committed to assisting residential tenants in Fannie Mae-financed multifamily rental housing who are facing financial hardship due to the COVID-19 pandemic. In support of the announcement by the Federal Housing...
Don’t just wait for the storm to pass. Learn to dance in the rain.
The COVID-19 pandemic continues to disrupt public health and economic activities across the globe. While the full impact remains to be seen, commercial real estate professionals are best prepared for continued challenge.
In the commercial...
