Trends likely to sustain BFR sector growth
Institutional investors have been increasingly interested in the build-for-rent (BFR) space over the last five years. But the pandemic poured gasoline on an asset class that offers residents space, privacy and the flexibility of...
Best cities for multifamily, 2022
National multifamily occupancy rates are at record levels, with markets across the country seeing a strong increase in rents. According to RealPage, nationwide effective rents have increased 8.3 percent, the greatest gain since 2010....
PropTech—cutting-edge tools and technologies
In an age of digital transformation where technology is being applied to every area in every industry across the globe, it’s no surprise that the commercial real estate (CRE) and multifamily housing property management...
Three benefits that could come from the Metaverse
Facebook CEO Mark Zuckerberg recently announced the long anticipated new branding of the Facebook umbrella corporation, which includes Instagram, Facebook, Messenger, WhatsApp, and Quest. “We just announced that we are making a fundamental change...
Newest multifamily amenity: Community
If you asked someone searching for an apartment what they are looking for, they would likely tell you about things like upgraded appliances, easy access to transit, or an onsite gym. They might not...
Work from home expected to explode again in 2023
The number of remote jobs is growing, and 25 percent of professional, high-paying jobs will be remote by the end of 2022, according to a new analysis by high-paying jobs site Ladders. The career site...
Economy continues to hit Americans in the wallet
Each month economists attempt to gauge how average Americans are weathering the ups and downs of the U.S. economy. By using the simple yet clever technique of adding the U.S. unemployment rate (4.20 percent)...
China real estate crisis could mean trouble for U.S. markets
As China’s real estate crisis continues to grow, the impact on U.S. real estate is starting to take shape. Much of the impact appears likely to be felt in California and New York, where...
Apartment markets attract new renters
Remote work continues to dominate renter migration patterns, according to data released by Apartment List—particularly in tech-hub markets such as San Jose, Raleigh, and Austin. Dramatic rent increases hit virtually all corners of the nation...
Multifamily trends prediction for 2022
Apartments are where home sweet home is for more and more Americans: in the last decade, the multifamily market has experienced hypergrowth. Even during COVID-19, 2020 saw a fifty percent increase in the number...
Can supply chain disruptions get any worse? Buckle in.
In my recent article on the Biden administration’s many-pronged assault on economic freedom, I pointed out that comparisons of President Biden with former president Jimmy Carter are inaccurate and unfair to Carter. In 1980,...
More than a number
They say age is just a number, and that it’s really about how you feel. Okay, that may be true—but then again, there is a reason we celebrate birthdays to commemorate another passing year....
RE sets records
The housing industry is looking back on how the coronavirus pandemic reshaped it, and at least 10 records were added to the books, including high prices, quick sales, and many Americans moving. The Redfin real...
Multifamily private activity bond issuance reaches record
Before the onset of the pandemic, the percentage of tax-exempt private activity bonds (PABs) used for multifamily housing had been largely trending upward. The Council of Development Finance Agencies’ (CDFA) latest report shows this...
Will employers fall in line?
It’s no secret that President Joe Biden’s various vaccination mandates (except for the one covering the military) have been having a tough slog in the courts recently. Nearly all of them are on hold, and...