Dispelling the myth of raising rents
Rents have increased across the nation over the past year, but whether that correlates to housing insecurity rates depends on geographic and socioeconomic conditions rather than high rents. Housing insecurity has been a major issue...
A small landlord’s cry: Why is the government violating my property rights?
I am a small landlord, and the government has put me and millions of other small landlords through hell for the past 18 months. Politicians always say they support small business, but they rarely...
Easing the squeeze
The American dream of homeownership has become inaccessible for many, thanks to historically high home prices that are keeping prospective buyers in the rental market. But increased demand for rental housing—along with dwindling supply—continues to...
A great deal of ruin in a nation
Asked if the loss of the American colonies would mean ruin for Britain, Adam Smith replied, “There is a great deal of ruin in a nation.” Even after the loss, Britain went on to...
Residents crave (internet) connection
Apartment renters are increasingly picky about the internet in their homes. A growing number won’t live where they can’t get good service. Until recently, property managers didn’t have to worry about the internet service at...
Small landlords call it a day
Extended rent moratoriums and the slow distribution of billions in federal rent assistance are driving many small landlords to call it quits. “Nobody wants to become a landlord anymore,” said Diane Baird, executive director of...
Prop tech paves the way
As an asset manager, it’s your responsibility to ensure that your assets remain competitive and relevant, manage risk, drive revenue growth, and consequently find ways to increase the value of your property. If those...
Flexible leases form start-up
Investors are pumping money into real-estate startups that are pioneering flexible ways to rent apartments on the belief that remote working trends and new forms of housing demand will remain long after the pandemic...
Tech growth expedites multifamily projects
At a recent ULI webinar, panelists discussed the advantages of alternative construction technologies, including modular development, panelization, mass timber, and precast concrete. The webinar was part of a series hosted by the ULI Terwilliger...
Repurposing hotels helps with housing shortage
The pandemic in 2020 slowed tourism throughout the nation, leaving the hospitality industry economically devastated, with hotels and lodging among the hardest hit. After a year of record-breaking occupancy for hotels, many were forced...
Apartment prices rise
Fueled by fears of a continued rise in inflation, investors are aggressively bidding up apartment prices. Nationally, the average apartment cap rates stand at 5.1 percent, but that’s for closed transactions, according to John Chang,...
Census takers worry apartments were undercounted
Census taker Linda Rothfield’s government-issued iPhone kept directing her back to apartments in San Francisco that she already knew were vacant. When she did find apartments that were occupied, she was sometimes turned away...
Tomorrow’s communities: everything as a concept
The pandemic put urban areas into a tailspin with workers fleeing office space and residents looking for more comfortable, remote living spaces. At the same time, the pandemic also created massive growth opportunities for some...
How to fix apartments
The apartments of 2030 will have to address the climate, housing, and public health crises we face. Here are six ways to do just that. Roughly 40.1 million Americans live in apartments. For many, they’re...
Proptech drives speed across all asset classes
Widespread adoption of proptech advances during the pandemic have dramatically increased transaction speed across all CRE property types, with multifamily assets leading the charge. Multifamily properties posted the sharpest decline in days-on-market, with average close...