America, the complicated.
In previous decades, the Great Depression inalterably shaped its own generation. It haunted my grandparents, and determined how they would work and save the rest of their lives.
How will the past two years impact...
Home smarts
And, if speed of lease-up and the ability to charge higher rents at the newly built 70-unit Excelsior Park apartments in Saratoga Springs, N.Y., is an indicator that smart technology is part of multihousing’s...
Cool on Fannie, Freddie reform
Congress is mulling changes to Fannie Mae and Freddie Mac, which could mean big changes in the apartment investment market.
The two financing giants handle financing for between 40 percent and 50 percent of all...
Multifamily rentals are still alive and kickin’
Brace yourself. I’m about to unleash a tsunami of data to make the argument that the multifamily market is going strong, despite the sturm und drang about the coming global economic slowdown and its...
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...
Fannie Mae focuses on affordable housing
While there are 15.2 million occupied multifamily rentals in the U.S., Fannie Mae reports that market conditions suggests that number will not meet the growing demand. Industry experts attribute the growing need to the...
Occupancy holds strong
Developers opened a tremendous number of new apartment units in 2017. But the percentage of apartments that are occupied has barely shifted, despite competition for potential residents. Rents continue to grow in most markets.
“Occupancy...
Follow thy prospect
The growth of new websites is hyperbolic with an estimated 140 thousand websites launching each day. Digital ad sales for the first half of 2016 was a record-breaking $32.7 billion dollars, up 19 percent...
Brave new, networked world
Apartment dwellers today expect a high level of technology services. Thanks to the growing demand for bandwidth and internet-enabled devices, managed Wi-Fi and internet connections have become valued commodities that help attract and retain...
Paradise lost
San Francisco has topped the list of every national rental report since Zumper began publishing them in August 2014, and was named the most expensive city in the U.S. years before that. The rapid...
Rent grows in cities of all sizes
“Three years ago, rent growth was primarily happening in the six or seven largest metro areas,” says John S. Sebree, vice president and national director of the national multi-housing group for Marcus & Millichap’s...
Oasis in a dry economy
"Increased renter demand from the baby boom echo, falling home-ownership rate and historically low new supply almost offset the worst drop in employment in over 60 years," said Camden Property Trust CEO Ric Campo,...
Dialing in the ILS pipeline
Because multifamily marketing directors have limited budgets, they hope the resultant data and their call-tracking systems, which allow them to listen to calls and separate qualified from unqualified leads, will give them a clear...
Glory days of opportunity
It's good to note that no matter how intellectual a person, the irony is that most decisions are ultimately made by intuition. In the final light, it's how CEOs run companies, how managers manage...
A house becoming more divided
Consider foreclosure-ravaged Detroit. In the historic Green Acres district, a haven for hipsters, a pristine, three-bedroom brick Tudor recently sold for $6,000—about what a buyer would have paid during the Great Depression.
Yet just 15...
