Saturday, May 18, 2024

National

Articles with a National focus

Labor and land costs to impact seniors housing development in 2020

Seniors housing development costs are expected to rise modestly in 2020, with labor and land the primary drivers of higher expenditure, according to the latest research from CBRE. Total cost for a seniors housing development...

January quarterly survey indicates apartment conditions mixed

Certain market conditions are loosening, according to the NMHC Quarterly Survey of Apartment Market Conditions, conducted in January 2020. The Sales Volume Index slipped further below the breakeven level (50) to 43, indicating a...
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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...

Regaining our power of persuasion

I’m just back from the Balkans. It takes traveling to the genesis of the word balkanize to understand true division. To the naked eye, these people appear quite similar. Looks can be deceiving and...

Where have all the apartments gone?

Long time ago. When will they ever learn? The way government regulates and taxes business and transactions directly shapes investment. Good regulation addresses market failures that hinder productive investment. It reconciles the interests of firms with...

ISAs set to transform the labor market

Income share agreement (ISAs) fund education. Upon completion, learners pay a percentage of their salary for a term. Lenders correlate interest rate and pay-back period with borrower’s potential career outcome. This may mean varying tuitions for...

The vanishing apartment

The affordability crisis is creeping up into middle-income households according to Harvard Joint Center for Housing Studies’ 2020 report, America’s Rental Housing. 48% of renter households are considered cost-burdened. What does this mean? 21 million...

Multifamily faces a packed development pipeline

Apartment developers have not been shy about bringing new product to market in recent years. And early indications are that 2020 will be another boffo year. The question is after several big years of...

The power of bad

Every so often, you encounter academic research that snaps into place a whole bunch of tensions, issues, and problems that you’ve noticed but haven’t been able to understand. That happened to me when I...

Leverage quality leads during high occupancy

With apartment occupancy rates at the highest level in 20 years, averaging more than 96 percent across the country, prospective renters often struggle to find a readily available unit at their preferred property that...

Renters are richer, older, and have larger households

It’s a perfect storm for raising rental costs: low vacancy rates not seen in decades, an influx of high-income renters, constraints on building new apartments and homes, and the disappearance of low-cost rental units. A...

Workforce rentals CRE’s ‘darling’

As the U.S. economy continues its longest-ever expansion, the labor market is making history, as well, with the lowest unemployment rate in 50 years. That’s great news for investors looking for compelling return opportunities...

What do updated Opportunity Zone Fund rules mean for investors?

The journey to codify all of the rules around Opportunity Zones has been two years in the making but finally reached its conclusion with the release of a 544-page document from the IRS in...

What keeps MF investment pros up at night?

Berkadia surveys its mortgage banking and investment sales experts every year to see what issues are at the top of their minds. It also does an internal survey of prospective clients, which it doesn’t...

Unlocking the value of historic buildings

New modern, luxury urban apartment buildings sometimes can have a cookie-cutter feel (at least the ones that aren’t soaring to ever-greater heights). That’s why multifamily developers continue to tackle the costs and challenges of...
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