Investor demand for real estate grows to new heights as U.S. heals from pandemic,...
Commercial real estate investment has bounced back from its COVID-19 nadir, with investor demand reaching new heights and capitalization rates declining across the real estate spectrum, according to a new CBRE survey.
The CBRE survey...
Yardi Matrix sees changing mix in multifamily starts
A new report from Yardi Matrix examines the changes in the number of multifamily starts and the sorts of developments started over the last 10 years. It takes a broad view of multifamily housing...
Rent Payment Tracker: September payments down 4.4 percent
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 72.0 percent of apartment households made a full or partial rent payment by September 6 in its survey of 11.7 million units of professionally...
Morgan Properties launches Morgan Cares
Morgan Properties, one of the nation's largest and fastest-growing multifamily owners, announced today the launch of Morgan Cares, a program created to support local hospitals and food banks as they combat the COVID-19 pandemic...
Construction material prices rise on higher lumber prices
The Bureau of Labor Statistics (BLS) released its producer price index report for June 2020. It showed that overall prices for processed goods for intermediate demand rose by 0.9 percent. A 7.2 percent jump...
Daryl Carter makes the case for housing to be part of infrastructure legislation
Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) on today’s Congressional testimony before the House Financial Services Committee by Daryl Carter, former Chairman of NMHC and Chairman and CEO...
HUD awards $54.7 million in grants to expand rental development for low-income persons with...
The U.S. Department of Housing and Urban Development today announced the award of over $54.7 million in capital advance and project rental assistance grants to 15 organizations, to expand the supply of affordable rental...
CoStar reports steady rise in multifamily property prices
A recent report from CoStar says that commercial property prices in general, and multifamily property prices in particular, continued their recent strong performance in July.
CCRSI defined
The CoStar report focuses on a relative measure of...
Crisis management 101: How to recover your brand after a crisis
It happened, that crisis you never thought you needed to prepare for, so you didn’t. Big or small, it’s critical that you jump into action when a crisis occurs so you can recover fast....
Maytag Commercial Laundry offers a look at new multi-load washer production line
As part of the 59th Maytag Commercial Laundry Meeting in Fall River, Massachusetts,150 people gathered today including Fall River Mayor Jasiel Correia; City Councilman Cliff Ponte; and Bristol County Chamber of Commerce Manager of Business...
HUD awards record $28 billion to help hard-hit areas in nine states, Puerto Rico...
The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $28 billion to support long-term disaster recovery in hard-hit areas in nine states, Puerto Rico and the U.S. Virgin Islands. These funds...
NMHC releases 2020 National Multifamily Industry Compensation Survey
The NMHC 2020 National Multifamily Industry Compensation Survey report is now available for purchase. As the premier source for market-level apartment industry compensation data, the 2020 Survey addresses current market practices in compensation program...
NAA seeks monetary damages from unlawful eviction moratorium
The National Apartment Association (NAA) filed a lawsuit in the U.S. Court of Federal Claims to recover damages on behalf of rental housing providers who have suffered severe economic losses under the U.S. Centers...
HUD charges New York housing providers with discriminating against resident with disabilities
The U.S. Department of Housing and Urban Development (HUD) today announced it is charging a New York property owner and manager with housing discrimination.
HUD alleges that James W. Ray Jr., Jim Ray Homes, Inc.,...
Secretary Ben Carson’s open letter to HUD Employees
Dear Colleagues,
By now, many of you may have read media accounts indicating that we’ve changed HUD’s mission statement and that these changes signal some sort of retreat from our legal and rightful role in...
