Saturday, May 18, 2024

Apartment watch

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

GSEs increase share of multifamily mortgage debt in Q2

A Mortgage Bankers Association (MBA) report on commercial and multifamily mortgage debt outstanding shows that lending for mortgages on multifamily properties continued in Q2 2020. Total multifamily mortgage debt rose by 2 percent, or...

Higher interest rates begin to impact multifamily

Apartment sales volume fell while both equity and debt financing became more costly, according to the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for July 2022. However, demand in most markets...

NMHC encouraged following HUD meeting on expanding housing supply

Yesterday, NMHC President Sharon Wilson Géno participated in a roundtable discussion with HUD leaders, housing providers and other housing stakeholders on policy solutions to grow the nation’s housing supply. Hosted by HUD Deputy Secretary Adrianne...

Sponsored: How to engage with today’s multifamily renters

When a potential renter walks through your doors, are you positioned to understand their specific needs? In a recent Assurant study, we’ve outlined five specific renter types and their psychographic data so you can...
commercial property price drop

Multifamily property price decline continues

The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices fell 2.7 percent in February from their level of the month before. This was the largest month-over-month decline...

NMHC Research Foundation releases new study on apartment filtering

The NMHC Research Foundation released a pioneering new study exploring the impact of the filtering process on apartment housing. A better understanding of the detailed nature of our housing affordability challenges is more important than...
multifamily CMBS delinquency rate rises

Multifamily CMBS delinquency rate slightly higher in March

Trepp reported that delinquency rate for multifamily commercial mortgage-backed securities (CMBS) loans rose slightly in March, increasing 3 basis points. Overall CBMS delinquency rate declines For delinquencies, Trepp focuses on loans that are 30 or more...

2023 NMHC 50 highlights a tumultuous year for multifamily with market improvements expected

Pandemic-related household growth and economic impacts resulted in a complicated 2022 for the multifamily industry. An extremely tight market in the first quarter of 2022 yielded to slower rent growth and higher vacancy rates...
housing construction starts

Fannie Mae lowers multifamily housing starts forecast

Fannie Mae’s December economic and housing forecasts predict a larger decline in multifamily housing starts over the next two years than in earlier forecasts.  The single-family housing starts forecast was revised higher for 2023...
multifamily construction

Multifamily construction spending up from last month’s report

The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in September was down 0.2 percent from the upwardly revised level of the month before. Spending...
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...

New home sales remain relatively flat in February

Higher mortgage rates and home prices, as well as increased construction costs contributed to lackluster new home sales in February, but signs point to improvement later in the year. Sales of newly built, single-family homes...
Indianapolis leads in rent growth

Rent growth resumes in October

Yardi Matrix reported that national average apartment rent growth turned positive in October with rents increasing $3 from September’s revised level to $1,727 per month. YoY rent growth rate slide continues The national average asking apartment...
single-family rental

SFR rent growth continues slide

A report from CoreLogic, a data and analytics company, states that the rate of rent growth in the single-family rental (SFR) market fell in February for the tenth month in a row. Year-over-year rents...

Two KTGY designs selected as 2019 NMHC Innovation Challenge Finalists

KTGY Architecture + Planning announced today that the National Multifamily Housing Council (NMHC) has named its five finalists for its 2019 Innovation Challenge competition with KTGY receiving two finalist honors for “Park House |...
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