Biden Administration finds a way to keep forgiving student loans
The Biden Administration is set to enact another suite of student loan forgiveness, aimed at borrowers who have consistently made loan payments and currently have balances below $12,000.
In January Education Department Secretary Miguel Cardona...
Weathering the perfect supply storm
The theme of multifamily industry reports this year has centered around uncertainty, but seasoned apartment developers, investors and analysts believe the sector is well positioned to weather economic storms.
They call what some see as...
Opportunities in ULI’s real estate economic forecast
Demand for apartments is likely to stay relatively strong. At the same time prices are likely to fall for all types of real estate property, according to the March 2023 edition of the Urban...
U.S. Supreme Court declines rent case
The U.S. Supreme Court in October announced that it will not weigh in on two cases challenging rent control and eviction laws in New York and California.
The lead case, Community Housing Improvement Program v....
5 cases to watch in Supreme Court’s 2023-24 term
The Supreme Court will resume hearing cases in October. Here are five upcoming cases that the high court will hear:
Consumer Financial Protection Bureau v. Community Financial Services Association of America, Limited
Does the Constitution matter?
In...
A history of Faith
He decided to continue his education, since jobs were scarce, looking at either business school or law school, and ended up going to Harvard Business School to pursue his MBA.
After graduating in 1986, Faith...
New lithium discovery highlights why we never run out of resources
A new discovery of lithium in September led to a flurry of headlines touting the finding as one of the biggest lithium deposits in history. The discovery comes amid fears that a shift towards...
The camel that had no hump
This especially irritates Rob Pressman, the principal of Burbank, Calif.-based TGP, Inc. Landscape Architecture, who believes that aesthetics do not have to be discarded for the sake of sustainability.
Multifamily developers employ landscape architects like...
Proptech rising
In order to compete for the credits, it is essential to find a piece of land that scores the maximum number of points under the state’s complex selection system. “In Arizona, only ten to...
Navigating multifamily risk
A new report from Yardi Matrix has highlighted rent growth and high supply amid low sales and price declines.
Real estate is a lot like the weather: A momentary appearance of sunshine usually hides a...
L.A. city council plans eminent domain
The Los Angeles City Council has voted to try to buy a 124-unit housing development in Chinatown by exercising the power of eminent domain, in an effort to freeze rent increases by the landlord,...
Shock to the system
Rising costs shock affordable housing developers followed by high interest rates and volatile construction costs.
Developers are dizzy from volatile construction costs and rising interest rates.
These costs shocked developers struggling to finance plans to...
Broadband’s tangled web
In fact, multifamily industry groups warn that the FCC’s investigation into the best ways to promote competition among broadband service providers and renters’ access to service providers could have an adverse effect.
It’s no secret...
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....
Hope and uncertainty
Better times might be just around the corner for apartment investors stressed by the highest interest rates in years.
Or interest rates could easily keep rising as federal officials try to smother price inflation.
The uncertainty...
