Friday, May 16, 2025

National

Articles with a National focus

Innovation in Affordable Housing

Teams from the University of California Berkeley, University of Kansas and Yale University Named...

The Council of Large Public Housing Authorities (CLPHA) is pleased to announce that four graduate student teams have been selected as finalists of the 2025 Innovation in Affordable Housing Student Design and Planning Competition....

Update: Rent control advances in Washington, stalls in California

Update May 12, 2025: Governor Bob Ferguson (D) has signed the Washington state rent control bill. Its provisions take effect immediately. The St Paul city council has passed changes to its rent control ordinance that...
jerome Powell leads discussion of Fed Funds rate changes

Fed raises rate forecast for 2025

Federal Open Market Committee (FOMC) met this week and decided to keep the Fed Funds rate unchanged. However, the Federal Reserve’s updated forecasts for key economic metrics projected that interest rates after 2024 will...
NYC leads in rent growth again

Lifestyle property rent growth underperforms in April

Yardi Matrix reported that the national average asking apartment rent was up $5 in March compared to the revised level of the month before at $1,736 per month. The national average year-over-year asking apartment rent...
Cincinnati leads in year-over-year rent growth

Redfin: April rents up for month but down for year

Redfin’s rent report for April says that the national median asking apartment rent rose 0.9 percent for the month to reach a level of $1,625. However, the median rent growth was -1.0 percent year-over-year. Varying...
Gary Mayo

Interior Logic Group Expands Leadership Team; Welcomes Gary Mayo as Executive of Business Development

Interior Logic Group (ILG), a leading provider of interior home design and finish solutions for the building industry including single family homes, multifamily, senior housing, and student housing, has expanded its leadership team with...
mixed report on builder confidence

Multifamily builder confidence slightly lower in Q1

The National Association of Home Builders (NAHB) quarterly survey of multifamily builders showed a slight decline in confidence in the market for new multifamily housing. The survey provides 3 measures of sentiment, the Multifamily...

President Trump reveals commitment to decentralizing housing aid

President Donald Trump is demonstrating his commitment to decentralizing housing aid. On May 2, 2025, he released his Fiscal Year 2026 "skinny budget," outlining the administration’s broad spending goals. While presidential budget...
copper wire leads construction materials prices higher

Construction materials prices rise moderately despite copper wire price jump

The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.3 percent month-over-month in April on a seasonally adjusted basis. The index of components and...

Markets that reached supply summits earlier and at more modest levels are now seeing...

In evaluating rent performance among major apartment markets, two key factors emerge: the timing of peak supply and the scale of new inventory at that peak. Data from RealPage Analytics suggests markets...
WNC

WNC & Associates Closes $228M Affordable Housing Fund Across 17 States

WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry, has closed WNC Institutional Tax Credit Fund 57, L.P. (Fund 57), a $228MM fund which...
Berkadia Student Housing

Berkadia Student Housing Achieves Remarkable Transaction Volume in First Quarter 2025

Berkadia announced that its Student Housing platform had a successful first quarter with significant transaction activity nationwide. The platform transacted on a total of 11,094 beds, showcasing robust investment sales and mortgage banking activity...
Banks lead CRE investment volume

CBRE reports CRE investment up 14 percent in Q1

A recent report from CBRE says that both commercial mortgage investment volume and momentum rose in Q1. Volume grew to $88 billion, while momentum rose 13 percent compared to their year-earlier levels. Dividing the market CBRE...
HelloData

Grace Hill Announces Strategic Acquisition of HelloData

Grace Hill, a leading provider of technology-enabled performance solutions for the real estate industry, announced the acquisition of HelloData, the leader in AI-driven market analysis solutions for multifamily owners and operators. The multifamily industry is...
Multifamily construction

Multifamily construction activity falls in April

The Census Bureau’s report on new residential construction stated that multifamily permits declined again after last month’s bump. Multifamily starts rose for the third consecutive month. Multifamily completions continued their slide which started last...
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