The price of disorder
I was once pitched a deal in the heart of the Amazon—Manaus, Brazil. What was I buying? Firstly, a commercial asset. But I couldn’t shake my concern around governance. The sanctity of a contract...
Economics and the hidden order
The “real world” is calling. But the real world is a real mess. So how do we clean up the mess? That’s a massive task: too big for any one person. This looks like...
Increasing apartment supply is slowing new lease-up velocity
Increasing apartment supply is slowing new lease-up velocity, said Madera Residential head of investment strategy and research Jay Parsons. Leasing velocity for newly built apartments is at its slowest pace in recent...
Residents expect electronic access control
Properties see value in access control solutions’ core mission of enhancing community safety and security.
Parks Associates’ new study, Smart Properties: The Value of IoT for MDUs, finds many multifamily residents and staff now expect...
San Francisco city council targets free speech to cover up its own housing failures
The San Francisco city council is smashing the mirror because it doesn’t like the face staring back at it.
The council just approved a ban on websites that offer data about local rental markets and...
Preleasing up at Yardi 200 schools as rent growth slows
Yardi Matrix released its June 2024 student housing report on the 12th. According to the report, preleasing at Yardi 200 schools continued its upward momentum in May, reaching 80 percent, up from...
Student housing sector ends stellar 2024 leasing season
The student housing sector ended a stellar 2024 leasing season, according to the October national student housing report from Yardi Matrix. Preleasing and rent growth both were close to last year’s historic...
INFOGRAPHIC: Interest rates slow apartment development
Rising interest rates, tighter lending and flattening rents in parts of the country have left property companies from California to Florida waiting for financing that may not come soon.
+500 days (up 45% from 2019)...
Completions outpace new starts by widest levels in decades
Multifamily analysts predict supply will continue to exceed demand this year, keeping vacancy elevated and putting downward pressure on rents. So far in 2024, U.S. multifamily completions are outpacing new starts at...
Paying the fox to watch the chickens: The war on private housing
Despite the rise in homelessness, the federal government continues to raise the barrier to creating shelter for those without permanent housing. Infusing bad actors with HUD money is another layer.
In September the Biden admin....
Which multifamily market will see the highest rent growth in 2025?
Moody’s Analytics associate director and economist Nick Villa gazes into his crystal ball to determine which markets will see the highest apartment rent growth in 2025.He leans on Moody’s Q3 2024 Preliminary...
Office to apartments
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Hybrid work is likely here to stay. This shift isn’t just changing lifestyles—it’s also affecting commercial spaces. Office vacancy rates post-COVID shot up almost overnight, and they remain near 20 percent nationwide, the...
Analysts predict how multifamily will thrive in 2025
As we enter the New Year, analysts are peering into their crystal balls to predict how multifamily will thrive in 2025.
Yardi Matrix sees the multifamily market poised for modest growth, driven by...
Rents fall behind inflation
Tracking rents is important for understanding the dynamics of the housing market. For example, the sharp increase in rents helped me deduce that there was a surge in household formation in 2021 (September 2021:...