NAA represents rental housing industry in Operation Allies Welcome Discussions
The National Apartment Association (NAA) was honored to represent the rental housing industry at a White House event highlighting Operation Allies Welcome, a nationwide effort to safely welcome Afghan allies and Afghans at risk.
“The...
Stop Wall Street Landlords Act introduced
Three California Democrats have introduced Federal legislation intended to discourage corporate ownership of single-family rental housing by changing tax law to make such ownership unprofitable. The bill, designated House Resolution 9246, is sponsored by...
HUD and Census Bureau release new American housing survey
Renters are three times more likely to need financial assistance to evacuate during a major disaster than those who own their own homes. That’s according to the new 2017 American Housing Survey released today...
Multifamily mortgage originations down in Q1
A report from the Mortgage Bankers’ Association (MBA) says that multifamily mortgage originations in Q1 2023 were down 55 percent on a year-over-year basis. Commercial mortgage originations overall fell 56 percent.
Commercial mortgage originations down...
American Ventures CEO reveals science behind multifamily & commercial real estate
Shravan Parsi, founder and CEO of multifamily and commercial real estate investment company, American Ventures, today announced the publication of The Science of the Deal™: The DNA of Multifamily and Commercial Real Estate.
A pharmaceutical...
Multifamily CMBS delinquencies edge lower in May
Trepp reported that both delinquency rates and special servicing rates for multifamily CMBS loans declined slightly in May. Delinquency rates and special servicing rates for the overall CMBS market rose driven by problems with...
Fannie Mae partners with multifamily industry to launch 2023 Multifamily Energy and Water Survey
Fannie Mae announced that it has launched the 2023 Multifamily Energy and Water Survey, a national effort to collect and analyze whole property energy and water consumption and costs from 2022, together with property-specific...
SFR home market continues to feel effects of housing constraints
Ongoing supply constraints in America’s housing market continued to drive demand for single-family rental homes in the third quarter of 2020. Fueled by growing numbers of individuals and families transitioning away from urban residential...
Court keeps CDC eviction moratorium in place
On June 2, a ruling by a three judge panel of the U.S. Court of Appeals for the D.C. Circuit effectively kept the Centers for Disease Control’s (CDC) nationwide eviction moratorium in place despite...
Multifamily jobs markets mixed in August
The latest Employment Situation Report from the Bureau of Labor Statistics stated that residential construction jobs were up but apartment operations jobs were down.
Total employment grows slowly for the month
The BLS reported that the US...
Property owner sues East Orange, New Jersey, for stealing $80,000 in equity
An East Orange property owner filed a lawsuit challenging a state tax scheme that allowed the city to take her entire property for paying taxes late, or roughly $80,000 more than she owed.
Lynette Johnson...
HUD awards $14 million to help low-income public housing residents secure higher paying jobs
To help low-income public housing residents increase their income and move toward self-sufficiency, the U.S. Department of Housing and Urban Development (HUD) today awarded $14 million to seven Public Housing Authorities (PHAs). HUD’s Jobs Plus...
January NMHC Quarterly Survey shows little overall change
Apartment market conditions were mixed in the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for January. The Market Tightness (46) and Equity Financing (50) indexes showed little change in those conditions...
HUD takes a major step to improve health and safety inspections
The U.S. Department of Housing and Urban Development (HUD) announced another step to overhaul the Department’s 20-year-old inspection process to ensure taxpayer-supported housing is healthy and safe. HUD is launching a new demonstration to...
NMHC calls on lawmakers to provide direct financial assistance to renters
NMHC and its member firms are committed to supporting residents who are impacted by COVID-19 and need assistance with their housing costs. NMHC is actively working with Congress to secure federal support for those...
