Understanding the housing burden: why California is so expensive, but not always the most...
When it comes to housing burden and costs in the United States, California often dominates headlines—and for good reason. According to a new RAND Corporation report, building multifamily housing in California is...
MSCI: Multifamily property price recovery stalls
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices were down 0.04 percent month-over-month in March compared to the revised level of the month before. Prices were...
New York has most severe rent burden
A WalletHub study looked into the share of median household income that would be required to pay the median rent plus energy costs. The state-by-state rankings are shown below:
Source: WalletHub
Rank
State
Cost of housing as share...
NMHC survey shows improved apartment market conditions
Changes in U.S. trade policy over the past two weeks have impacted global financial markets, causing stock prices to fall (and then partially recover) and long-term yields to increase amidst a retreat of capital...
Newmark Arranges the Sale of Student Housing Portfolio Across Four States
Newmark arranged the sale of a five-property student housing portfolio comprising 1,248 units and 3,693 beds across Florida, Texas, Indiana and North Carolina. Terms were not disclosed. For The Preiss Company (TPCO), which owned...
Multifamily permits higher but starts lower in March
The Census Bureau’s report on new residential construction stated that multifamily permits moved higher for the first time in 4 months. Multifamily starts, which have been bouncing up and down month-by-month, fell this month....
Navigating Today’s Tariff-Driven Uncertainty
Anyone hoping that economic uncertainty would ease throughout the year has so far been disappointed. President Trump’s fluctuating tariff policies have only intensified uncertainty, sending ripples across the housing industry.
According to a...
Newmark Arranges Sale of Five-Property, Nearly 1,250-Unit National Student Housing Portfolio
Newmark Group, Inc., a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the company has arranged the sale of a five-property national...
CBRE reports cap rates continue downward movement in Q1
A new report from CBRE states that cap rates for core multifamily assets moved lower in Q1, continuing a trend that began in Q1 2024. Both buyer and seller sentiment improved, according to the...
Redfin talks rents
Redfin’s rent report for March says that the national median asking apartment rent growth was 0.4 percent for the month, with rents reaching a level of $1,610. However, the median rent was down 0.6...
Lumber prices lead construction materials prices higher in March
The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices jumped 0.7 percent month-over-month in March on a seasonally adjusted basis. The index of components and...
Morgan Properties Surpasses 100K Units with $501M Midwest Multifamily Acquisition
Morgan Properties, the nation’s largest private owner of multifamily communities, has acquired a portfolio of 3,054 units across 11 assets in eight Midwest states from Trilogy Real Estate Group. This acquisition, valued at $501...
Rent growth continues positive in March
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 $1,755 per month. The national average year-over-year asking apartment rent...
Sheridan Capital Partners and Muchmore Capital (MMC) Have Formed a Partnership called Sheridan MMC...
Sheridan Capital is excited to announce its strategic partnership with Muchmore Capital (MMC) resulting in the formation of Sheridan MMC. Sheridan MMC will specialize in providing comprehensive financing solutions for multifamily, seniors and the...
BWE Secures $308M to Refinance Two Trophy Senior Living Communities in Los Angeles and...
BWE, a national commercial and multifamily mortgage banking company, announced that it has successfully arranged $308 million to refinance two trophy senior living communities. Dubbed Project New Horizons, the refinancing was secured for The...
