Thursday, April 25, 2024

Apartment watch

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

urban housing

Urban housing markets forecast to recover

Moody’s Investor Services recently released a report discussing the future of urban areas, and particularly of urban housing, in the wake of the COVID-19 pandemic. Why cities? The report acknowledges the many uncertainties that surround how...

Multifamily builder and developer confidence improved in second quarter

Confidence in the market for new multifamily housing increased in the second quarter, however, it still remains in negative territory, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders...
relocation plans

COVID impacts relocation plans

The COVID-19 pandemic and the changes it has caused in our lives are bound to have an impact on where people choose to live. A variety of sources have attempted to measure the impact...
mortgage origination

Multifamily mortgage originations fall in Q2

A Mortgage Bankers Association (MBA) report on mortgage originations shows that, while multifamily mortgage originations fell in the latest quarter, they held up better than did originations for other commercial property types. Setting a baseline The...
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...

Latest Rent Payment Tracker finds payments slightly behind last month

The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 86.9 percent of apartment households made a full or partial rent payment by August 13 in its survey of 11.4 million units of professionally...

Jobs coming back, but slowly

The Bureau of Labor Statistics (BLS) recently released its Job Openings and Labor Turnover (JOLT) report for June. It shows that the jobs market is continuing to recover from the COVID-19 induced shutdowns, but...
AMLI Residential

2020 Sustainable Living Index results released

AMLI Residential, a leading developer of sustainable, multifamily properties, announced the results of its fourth annual Sustainable Living Index. This year’s survey polled a record 4,891 AMLI apartment residents asking how their opinions on...

Multifamily property values fall in Q2

CoStar recently released its quarterly report on the change in value of commercial property in the United States. This article looks at the part of the report that deals with multifamily property values. Defining the indices The...
construction material prices

Construction material prices rise on higher lumber prices

The Bureau of Labor Statistics (BLS) released its producer price index report for July 2020. It showed that the BLS price index of materials and components for construction was up 0.5 percent from June,...

August starts with strong rent payments

The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 79.3 percent of apartment households made a full or partial rent payment by August 6 in its survey of 11.4 million units of professionally...
small landlords

Small landlords hit by COVID-19

A survey by the Terner Center for Housing Innovation and the National Association of Hispanic Real Estate Professionals (NAHREP) examined the impact of the COVID-19 epidemic on the mostly small landlords who are members of...
Fannie Mae building

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...
multifamily housing so Calif

How COVID is impacting the multifamily business in California

IMN recently put on a webinar discussing the impact of the pandemic on the business of providing multifamily housing in California. The webinar set a very ambitious number of topics to be discussed, especially...
multifamily housing

Rents recover (somewhat) in July

Yardi Matrix released its July 2020 report on the multifamily housing market. The report shows some recovery in rents for the multifamily rental housing market nationally, but wide variations between metro areas exist. The rent...
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