Annual rent growth rate falls as rents decline
Yardi Matrix reported that the national average year=over-year apartment rent growth in August was $10, bringing the average rent to $1,718 per month. However, rents fell in August from the revised level of the...
HUD Announces $150M Investment Toward Affordable Housing in Tribal Communities
The U.S. Department of Housing and Urban Development (HUD) announced $150 million in funding for new affordable and innovative housing in Tribal communities through the Indian Housing Block Grant (IHBG) Competitive Grant program.
“Working with...
Property rights grab
With so many Americans out of work and unable to pay their rent, the Centers for Disease Control and Prevention instituted a nationwide eviction ban on residential rental properties.
With the moratorium originally set to...
Rising credit card debt signals challenges ahead for multifamily
Increasing household debt and delinquencies signals challenges ahead for multifamily owners, operators, and renters. Rising credit card debt and high credit-card interest rates make it difficult for renters to make ends meet,...
Multifamily REITs look beyond primary markets
When deciding whether to let their money ride on Washington, D.C., or Baltimore, Md., Home Properties is going with Baltimore.
When deciding whether job growth will be stronger in larger or smaller markets, Mid-America Apartment...
Flexible leases form start-up
Investors are pumping money into real-estate startups that are pioneering flexible ways to rent apartments on the belief that remote working trends and new forms of housing demand will remain long after the pandemic...
HUD awards $2.7 billion to improve and preserve public housing
The U.S. Department of Housing and Urban Development (HUD) awarded more than $2.7 billion to public housing authorities (PHA) in all 50 states, as well as the District of Columbia, Guam, Puerto Rico and...
Renter households on the rise
The Census Bureau released its quarterly report on home ownership and occupancy for Q1 2024. It stated that the rental housing vacancy rate was 6.6 percent, unchanged from its level in the last two...
Profits get a lot of hate, but we all benefit from them every day
Profits have gotten a lot bad press. Perhaps second to private property (theft, according to Bakunin) profits are the devil incarnate in the view of some.
In the star-studded movie “Reds,” the hero, played by...
Avatars in the leasing office
"Everything else is moving at the speed of light, why isn't the paper?" That question, asked by Debra Radice, managing director of Texas-based SyndicIT Services Corporation, was the catalyst for creation of a new...
Tune-in. Plug-in.
SemaConnect, a start-up company in Baltimore, Md., is offering apartment owners the opportunity to plug into the electric car trend and earn ancillary income in the process.
Founded just two years ago, SemaConnect is offering...
Multifamily CMBS delinquency rate edges higher
Trepp reported that the rise in the delinquency rate for multifamily commercial mortgage-backed securities (CMBS) loans continued in January, although more slowly than in recent months. The overall CMBS delinquency rate declined marginally, falling...
HUD and DOJ launch public awareness campaign against sexual harassment in housing
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Justice (DOJ) today released a public service announcement (PSA) to raise awareness of housing-related sexual harassment and to reach persons...
NAHB Power Hitters with Jim Tobin 2022, Q1
Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Jim Tobin, EVP, Government Affairs & Chief Lobbyist, NAHB.
Transcript: NAHB Power Hitters interview. Linda Hoffman with Jim Tobin, recorded January 6, 2022
(music)
Linda...
Berkadia Secures $92.71M in Financing for Nine Senior Housing Communities in Four Different States
Berkadia announced the financing of nine assisted living seniors housing communities totaling $92.71 million located in Montana, Oregon, Arizona, and Florida, with all the deals closing since April.
Managing Directors Steve Muth and Ed Williams...
