Monday, May 6, 2024

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https://yieldpro.com/pdf/infographics/2024/0304/The_era_of_fiscal_excess.pdf

INFOGRAPHIC: The era of fiscal excess

download pdf Lockdowns were the beginning of the end of office space as we’ve known it for over four decades. Work from home spurred vacancies expected to rise through 2025. The 2022 Fed interest rate...
The new cap on annual rent increases will apply to a million Low-Income Housing Tax Credit (LIHTC) apartments according to The Washington Post.

INFOGRAPHIC: The White House issues national rent control plan

download pdf The new cap on annual rent increases will apply to a million Low-Income Housing Tax Credit (LIHTC) apartments according to The Washington Post. 2020 Senator Sanders (Vt.) contends that federal control of the multifamily...
In February, multifamily distress hit its highest level in 18 months, increasing by 80 basis points over the previous month, according to CRED iQ, which tracks and analyzes data and valuations of more than $2 trillion in commercial real estate (CRE).

2024 could be the year of the distressed deal

Investors are finally starting to take advantage of distress in the multifamily sector, even though the huge wave of distress pundits predicted last year failed to materialize. In February, multifamily distress hit its highest level...

Is the U.S. dollar finished?

In August 2005, a little-known financial analyst named Richard Bove issued an eight-page report for Punk, Ziegel, and Company, a boutique investment bank based in New York City. The report, titled “This Powder Keg Is...
Revolutionary technologies adopted during the pandemic are becoming standard in the multifamily industry.

PropTech scales up

Revolutionary technologies adopted during the pandemic are becoming standard in the multifamily industry. Technologies that property managers rushed to implement during COVID are now part of their everyday lives. Prospective apartment renters can take self-guided tours...
After more than 10 years, the U.S. Green Building Council (USGBC) is putting out a new LEED (Leadership in Energy and Environmental Design) rating system.

LEED’s bold green overhaul

After more than 10 years, the U.S. Green Building Council (USGBC) is putting out a new LEED (Leadership in Energy and Environmental Design) rating system. According to the authors, LEED v5 is more than just...
PARC MOSAIC APARTMENT HOMES, BOULDER, COLO. SHOWCASES TEN OUTDOOR ROOMS THAT BRING THE COLORADO LANDSCAPE TO LIFE, A 82-FOOT INDOOR-OUTDOOR SALTWATER POOL, 2-STORY FITNESS CENTER, RESIDENT LOUNGE, ROCK CLIMBING WALL, SECURE BIKE STORAGE, AND SMART HOME TECHNOLOGY INCLUDING LOCKS AND THERMOSTAT.

Blackstone making $10 billion multifamily purchase

Acquisition of AIR Communities is Blackstone’s largest transaction in the multifamily market. Blackstone has agreed to acquire an owner of upscale apartment buildings for about $10 billion, signaling that one of the world’s largest real...
With the property technology market bursting at the seams, how can operators determine which software best suits their needs? And from there what does the process for vetting potential vendors and solutions look like?

What to consider when buying property management software

Operating an apartment community is nearly impossible without the help of property management software. Choosing the right property management software is essential. With the property technology market bursting at the seams, how can operators determine...
One study of Rotterdam, Netherlands, found that the port city’s residents, even with little-to-no space in front of their densely built, urban homes, nonetheless embellished their sidewalks with seats, planters and knickknacks to express themselves.

Happier, more connected neighborhoods

A salve for America’s loneliness epidemic could exist right in front of its homes. Front yards are a staple of many American neighborhoods. Lush plantings, porches or trinkets can capture the attention of passersby and...
For example, at least one court recently held that requiring an employee to attend mandatory DEI trainings that “discussed racial issues in essentialist and deterministic terms—ascribing negative traits to white people or white teachers without exception and as flowing inevitably from their race” might create a hostile work environment on the basis of race.

Courts issue DEI training decision

A federal court in March issued a decision impacting the diversity, equity, and inclusion (DEI) legal landscape. The case demonstrates the rapidly evolving state of the law with respect to DEI. In Honeyfund.com Inc. v....
The business community, long averse to political risks or controversies, backed away from DEI programs over the past two years in the wake of widespread attacks from lawmakers.

Behind DEI’s rise and fall

Diversity, equity and inclusion, or DEI, was the hot thing in corporate America a few years ago. Now: not so much. Why it matters: The business community, long averse to political risks or controversies, backed...
With its high turnover rate and steady demand, the student housing market remains a lucrative niche within the real estate industry.

7 student housing property management strategies

With its high turnover rate and steady demand, the student housing market remains a lucrative niche within the real estate industry. Student housing properties come in various on and off-campus forms, including dormitories, apartments, and...
The general appreciation for competence also seems to be at all-time lows. Painting yourself as a victim in some culture war will get you a front-page story in the student newspaper.

The character trait of competence

When most people think of character, there is a list of attributes or “traits” that comes readily to mind. Some of the more common ones might be honesty, responsibility, patience, perseverance, loyalty, and courage....
Westmont Commons, a 252-unit apartment complex in Asheville, North Carolina, traded hands for nearly $50 million

Apartment deals offering risk premiums again

In 2021 and 2022 it didn’t matter what vintage you bought as there was no cap rate premium. As the first quarter of 2024 was wrapping up, TruAmerica Multifamily closed its first acquisition of the...
The report made a case for more employment programs and apprenticeships and expanding access to community college. “Targeting structural barriers that impact young adults—such as mental health, discrimination, the criminal justice system and lack of access to child care and transportation— could improve employment outcomes."

Increasing numbers of Gen Z have no income

An increasing number of young adults ages 18-24 are not working and have no income, according to a recent study. The research by the St. Louis Federal Reserve’s Institute for Economic Equity, which this...
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