Saturday, May 18, 2024

Apartment watch

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

Philadelphia

HUD Secretary Ben Carson to visit Pathways to Housing PA

On Wednesday, U.S. Department of Housing and Urban Development Secretary Ben Carson will visit Pathways to Housing PA, a HUD supported organization that transforms individual lives by housing the homeless and supporting drug recovery...

EIG launches interactive map highlighting innovative Opportunity Zone activity across the country

The Economic Innovation Group (EIG) launched the Opportunity Zones Activity Map, an online portal highlighting some of the most innovative and impactful publicly-announced developments catalyzed in the early stages of this new policy. This...

NMHC identifies industry’s largest firms

The National Multifamily Housing Council (NMHC) released their 2021 list of the largest firms in the US multifamily housing industry. The firms are ranked by units in buildings with 5 or more units. The...

Interior announces improvements to the Endangered Species Act

Today the Department of the Interior announced changes that will improve the way the Endangered Species Act is applied—changes that will benefit property owners and species. Interior’s new rules terminate an illegal and counterproductive...

Multifamily property prices still falling, but more slowly

CoStar reported that its value-weighted index of multifamily property prices fell 0.4 percent month-over-month in December 2023, the fourth decline in a row. This index was down 10.7 percent year-over-year. The value-weighted index of non-multifamily...

2023 Builders’ Show draws largest attendance in more than 10 years

Nearly 70,000 home building professionals from around the globe filled the exhibit halls of the Las Vegas Convention Center as the National Association of Home Builders (NAHB) hosted the NAHB International Builders’ Show (IBS),...

California Assembly passes innovative legislation to enable landlords and tenants to assist persons at...

Today, the California State Assembly voted 75 - 0 to pass Assembly Bill (AB) 1188, authored by Assembly member Jesse Gabriel (D – San Fernando Valley), which would make it easier for both landlords...
economic forecast

Rising rates drive Fannie and Fed forecasts

The latest forecasts from Fannie Mae and from the Federal Reserve relate the impact that the rapid rise in interest rates is expected to have on the economy. Fannie Mae issues a monthly forecast for...
CMBS loans

Trepp looks at the state of CMBS loans in Q3

A new report from Trepp takes a look at the state of commercial mortgage-backed securities (CMBS) lending in Q3 2022. While the report covers lending for all commercial property types, this article focuses on...

79.8 percent pay rent by April 6

The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 79.8 percent of apartment households made a full or partial rent payment by April 6 in its survey of 11.6 million units of professionally...

CA Ventures plans $500 million investment in European housing

Chicago-based CA Ventures today announced plans to invest $500 million over the next five years in the European housing market, specifically across the purpose-built student housing and multifamily apartment sectors. A vertically integrated owner, developer and operator of apartments spanning all adult life stages, CA Ventures has a $6.7 billion portfolio...

New poll shows Americans love their yards and enjoy making them backyard ready

According to new research conducted by Harris for the Outdoor Power Equipment Institute, the American love affair with the living landscape continues. This research about preferences regarding the family yard is important for Realtors...

Multifamily outlook update for Fall 2020

Yardi Matrix recently presented their Fall 2020 Multifamily National Outlook webinar. It was a wide-ranging discussion of economic, medical, and cultural trends affecting multifamily housing. Jeff Adler, Vice President of Yardi Matrix was the...

First Command Reports: Financial readiness key challenge for military families

Financial readiness is a key challenge for career service member families, particularly among the military spouses who bear primary responsibility for managing household finances, according to the latest findings of the First Command Financial...
economic and housing starts forecast

Fannie Mae sees milder housing downturn

Fannie Mae’s December economic and housing forecast predicts that single-family and multifamily starts will fall in 2024, but not as far as they predicted last month. Multifamily starts will have milder downturn The current forecast for...
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