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 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 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 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...
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...
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...
93.3 percent of apartment households paid rent as of July 27
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 93.3 percent of apartment households made a full or partial rent payment by July 27 in its survey of 11.4 million units of professionally...
Rental housing law in Colorado
Nexus Commercial Realty recently presented a webinar outlining legislation being considered which affects multifamily housing. While the focus of the webinar was on legislation pending in Colorado, many of the issues being discussed there...
HEROES, HEALS and housing
The CARES act was passed to support the economy in the wake of the COVID-19 epidemic. Many of its provisions are now expiring and Congress is considering new legislation to continue to support the...
Letter from Sec. Carson: Removing red tape improves housing
Many federal regulations are like weeds growing in the Washington swamp. If left untended, the landscape becomes overgrown, preventing progress and innovation from taking root in our society. And just like pulling weeds in...
Apartment industry offers housing stability support for residents impacted by COVID-19
America’s renters and housing providers are facing unprecedented financial hardships due to the outbreak of COVID-19 and are struggling to meet their financial obligations. As the financial distress from the outbreak of COVID-19 continues, the...
Rents continued to decline in June
Yardi Matrix released its June 2020 report on the multifamily rental housing market. The report shows continuing softness in the market. The rent decline continues The nationwide average rent in June fell by $2 from its...
Evaluating the impact of COVID-19
The John Burns Real Estate Consulting New Homes Insights podcast recently interviewed Greg West, CEO of ZOM Living. The interview focused on the impact of COVID-19 on his business. This article summarizes key points...
