What do updated Opportunity Zone Fund rules mean for investors?
The journey to codify all of the rules around Opportunity Zones has been two years in the making but finally reached its conclusion with the release of a 544-page document from the IRS in...
What keeps MF investment pros up at night?
Berkadia surveys its mortgage banking and investment sales experts every year to see what issues are at the top of their minds. It also does an internal survey of prospective clients, which it doesn’t...
Unlocking the value of historic buildings
New modern, luxury urban apartment buildings sometimes can have a cookie-cutter feel (at least the ones that aren’t soaring to ever-greater heights). That’s why multifamily developers continue to tackle the costs and challenges of...
What markets are good bets for multifamily investments in 2020?
As high-net-worth (HNW) investors and family offices mull this year’s opportunities in commercial real estate, they might want to keep the multifamily mantra in mind.
For several years, industry players have consistently preached about the...
Demographic shifts in the workforce will make winners and losers
By 2030, approximately 693 million baby boomers will have reached retirement age. Meanwhile, nearly twice as many members of Generation Z—1.3 billion—will join the workforce over that time. This dramatic shift will have huge...
What short-term rental lessons can be learned?
The last decade might well be defined as the sharing economy decade. And, leading the pack are short-term rentals. Houston-based Dunyha founder Tanvir Aman recently shared insights on new approaches for short-term rentals (STRs)...
Multifamily investment stumbles in NYC in 2019
Low vacancy rate. Burgeoning population. Expensive real estate. The Big Apple’s multifamily market has always been the champion compared to the rest of the country, but the recently passed rent regulations have the city...
Multifamily can help the affordability crisis
Freddie Mac’s mission is stability and liquidity for the housing market. As such, it is one of the biggest players in the country, keeping mortgage capital flowing by purchasing mortgage loans from lenders so...
Household formation to fuel multifamily in 2020
Apartment production has returned to pre-recession levels and vacancies are low, but more new apartment homes are needed, according to experts participating in a press conference during the National Association of Home Builders (NAHB)...
Rent control is illegal
New York City recently implemented its far-reaching Housing Stability and Tenant Protection Act of 2019. That law enacted extensive amendments, all plaintiff protective, to New York’s 1969 Rent Stabilization Law (RSL). The Act imposes...
JLL arranges $127.5M financing for EON at Flagler Village
JLL announced today that it has arranged $127.5 million in financing for EON at Flagler Village developed by Alta Developers, a two-phase multihousing community in one of Fort Lauderdale’s most vibrant neighborhoods.
JLL worked on...
Pillars 2020: Stepping it up
The national obsession with counting steps in the pursuit of physical fitness has spawned a plethora of pedometers in the marketplace and a trend toward pedestrian-oriented neighborhoods in the multifamily world.
More than half of...
The enduring strength of truth
Webster defines it as “the property of being in accord with fact or reality.” Truth is a beautiful, most reliable thing.
The truth of Christmas and the holidays is sometimes muffled by the hustle and...
Unlocking Big Data
The coupling of big data with artificial intelligence (AI) and the internet of things (IoT) has power to disrupt the traditional way of basing real estate decisions on experience, past performance and intuition.
The machine...
Developing Expertise
Multifamily professionals who are interested in keeping up with the latest trends in the industry are undoubtedly familiar with NAA’s Apartmentalize and NMHC’s OPTECH shows. However, they may not be aware of another event...
