Events may reduce turnover
Some luxury apartment managers believe residents are less likely to move-out if they know their neighbors… and every move out costs thousands of dollars.
At 1 Martine, a luxury apartment building in downtown White Plains,...
Driving long-term value
During challenging economic times, multifamily owners and operators often seek out helpful ways to address operational inefficiencies, boost cash flow, and preserve capital.
In today’s uncertain financial environment, strategic operational analysis and adjustments can help...
Empire OK building
If one developer has their way, it won’t be New York or California that has the highest skyscraper in America but Oklahoma City.
Matteson Capital has been planning out a complex called the Boardwalk at...
THE CLOSER: New solutions to old problems: creating efficient and effective affordable housing...
It’s no secret that there is a nationwide housing crisis. According to the National Low Income Housing Council, “there is a shortage of more than 7 million affordable homes for our nation’s 10.8 million...
Survive to 2025
High interest rates will still burden apartment investors struggling to make deals in 2024. Others will struggle simply to hold onto their properties.
Going into 2024, thousands of apartment investors are in serious trouble. Many...
What just happened?
It could be said that 2023 was a year of breaking records, rules and reality. Weather. Girl’s sports. Rates of addiction and depression. National and personal debt. Number of dystopian end-of-times movies produced by...
INFOGRAPHIC: 2024 Tax brackets are out
The IRS released new federal income tax brackets in November. Though marginal tax rates did not change, federal law requires brackets be adjusted for inflation.
5.4%
this year’s rise in tax brackets due to inflation. Last...
INFOGRAPHIC: U.S. economy: mood or metrics?
As 2023 draws to a close, inflation risks remains—specifically housing, services and energy. It’s these data points keeping misery real. Does this signal recession ahead?
69% of Americans say the country is heading in the...
INFOGRAPHIC: An inside job: the invisible tax on renters
Called the “invisible tax” because it allows government agencies to print money, soaring inflation has crippled renter household budgets for years. The rate of increase is beginning to slow but residents have yet to...
INFOGRAPHIC: Rummage sale: appliances, clothing, federally-funded apartment loans and more
Signature Bank—the third largest bank failure in history—was seized by the FDIC earlier this year in March. The auction of the $33 billion in real estate loans and other assets is the largest commercial...
IRS change will push some entrepreneurs into corporate desk jobs
As the end of the year approaches, the IRS has announced its new late repayment penalty rate. The rate has climbed from around 3 percent two years ago to 8 percent today.
Most workers in...
2023 National population projections are out
The U.S. population is projected to reach a high of nearly 370 million in 2080 before edging downward to 366 million in 2100.
By 2100, the total U.S. resident population is projected to increase by...
Apartment rents remain flat, perhaps for a while
Apartment rent growth has been rapidly cooling off since peaking in March 2022. But that trend could be leveling off—at least for now.
Effective asking rents inched up 0.16 percent year-over-year nationally as of November...
2023 OPTECH retrospective
The OPTECH 2023 conference and expo in November attracted attendees from all corners of the multifamily space. It was the largest in the conference’s history, according to Julianne Goodfellow, National Multifamily Housing Council’s (NMHC)...
3 Ways to maximize NOI in multifamily housing
With mortgage interest rates on the verge of 8 percent—a 23-year high—and a looming recession on the horizon, home purchasing power is down and multifamily housing remains in high demand with just a 6.6...
