The great migration
The future of the apartment industry looks bright. Demand for rental homes is strong, rent growth has returned to pre-pandemic levels and renters who fled major cities in 2020 are showing renewed interest in...
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...
Absolute zero
Decades of underinvestment and underbuilding continue to deepen a national housing shortage decoupled from demand since the 1980s. This was recently underscored by a report released in June by the National Association of Realtors...
Fighting the CDC eviction ban
In the midst of the COVID pandemic, the Centers for Disease Control (CDC) took the unprecedented step of banning evictions nation-wide, characterizing the action as a public health measure.
The action spawned lawsuits across the...
Excellence in multifamily housing
The National Association of Home Builders (NAHB) has sponsored the Pillars of the Industry awards for more than 20 years.
The awards recognize excellence in all areas of multifamily home design, development, building, management and...
The nation’s best
The National Association of Home Builders (NAHB) defines excellence in the multifamily home industry. For over two decades this recognition has noted the “significant achievements in the design, development, marketing and management of multifamily...
Suburban rise
Desperate landlords now offer as much as three months free rent to potential renters at new, Manhattan apartment towers.
“There is a considerable amount of pain—20 to 25 percent declines in effective rents,” according to...
Leasing in a pandemic
The crisis caused by the coronavirus has forced many property managers to finally embrace new technologies.
When the U.S. economy shut down in March 2020 to fight the spread of the coronavirus, some apartment companies...
Business as unusual
As cities, counties and states begin loosening lockdown orders and allowing non-essential businesses to open, apartment owners are weighing strategies to ride out the economic disruption caused by the COVID-19 pandemic and finding slivers...
The work in hand
The rapid advance of cyber technology is rendering what was new yesterday old hat tomorrow. Internet listing services that were cutting edge a decade ago are considered outdated as potential renters go directly to...
From sea to shining sea
The winners of top honors in the National Association of Home Builders’ 2019 Pillars of the Industry competition are providing new housing for military service personnel and university students, affordable apartments for low-income residents...
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 changing face of rentals: single-family
Second quarter data for 2019 reveal that approximately 42,000 homes were constructed as single-family built-for-rent homes over the last year—equal to the prior four quarter starts total—representing about 5 percent of single-family construction. Although...
HUD proposes new disparate impact regulations
The United States Department of Housing and Urban Development (HUD) released a sweeping proposed rule on August 1 seeking to amend HUD’s interpretation of the Fair Housing Act’s disparate impact standard.
According to HUD, the...
Rent control laws seize New York apartments
Last ditch attempts by real estate developers to thwart final approval of rent control legislation was just too late, reported the New York Times.
“There was some arrogance on the part of the real estate...
