CoStar: multifamily property prices continue rise
CoStar reported that its value-weighted index of multifamily property prices rose 1.4 percent month-over-month in November. However, this index was down 5.2 percent year-over-year. The month-over-month price movement reported by CoStar varies significantly from that...
Freddie Mac Multifamily Issued $56B in 2024 Securities
Freddie Mac (OTCQB: FMCC) issued $56 billion of securities through its multifamily risk transfer platform in 2024, transferring interest rate risk, liquidity risk and the majority of expected credit risk away from U.S. taxpayers...
Berkadia Secures $29.9M in Financing for Four Seniors Housing Communities in Three Different States
Berkadia, a leader in the commercial real estate industry, with Berkadia Seniors Housing & Healthcare, announced the financing of four seniors housing communities totaling $29.9 million located in Mississippi, Florida, and Indiana, with all...
Factors driving apartment demand and consumer sentiment
Last year’s surprising upside in apartment demand is expected to continue this year, even if the pace of absorption slows due to fewer new deliveries, said RealPage Chief Economist Carl Whittaker, who...
Rents in winter chill
The latest rent report from Apartment List shows that the national median monthly rent growth in December was -0.64 percent. Rents have fallen on a month-over-month basis since August 2024. Year-over-year rent growth was...
Multifamily starts forecast to rise starting in late 2025
Fannie Mae’s December housing forecast calls for multifamily housing starts to bottom out in mid-2025 and then to steadily increase through the rest of the forecast horizon. The forecast for single-family housing starts was revised...
Job openings higher again in November
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings in November was 7.74 million. This was reported to be up 259,000...
Lion Real Estate Group Adds Hunter Heatly to Lead Asset Management Team for Nationally...
Lion Real Estate Group, LLC ("LREG"), a Dallas-headquartered real estate investment and asset management firm focused on acquiring value-add and opportunistic multifamily properties, announced that Hunter Heatly is joining the firm as a Senior...
Multifamily CMBS delinquency rate continues climb in December
Trepp reported that delinquency rate for multifamily commercial mortgage-backed securities (CMBS) loans rose sharply again in December. The overall CMBS delinquency rate also rose, climbing another 17 basis points. Overall CBMS delinquency rate higher again For...
Growth in multifamily mortgage debt increases in Q3
The Mortgage Bankers Association (MBA) reported that multifamily mortgage debt outstanding rose by $29.83 billion in Q3 from the revised level of the quarter before. Total multifamily debt reached a level of $2.123 trillion....
MSCI: Only multifamily property prices fall in November
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices fell 0.3 percent from their level of the month before in November. Prices were down 5.7 percent from...
Analysts predict how multifamily will thrive in 2025
As we enter the New Year, analysts are peering into their crystal balls to predict how multifamily will thrive in 2025. Yardi Matrix sees the multifamily market poised for modest growth, driven by...
In Revenue Capital Driving AI Innovation in Multifamily Housing by Backing Nurture Boss in...
In Revenue Capital, the first operator-immersive capital firm focused on early-growth investing, announces it has joined a $4.025 million Series A funding round for Nurture Boss, a rapidly growing company with an advanced AI...
Red Stone Equity Partners Closes its 17-Year Historically Largest Multi-Investor LIHTC Fund Offering
Red Stone Equity Partners LLC, a privately-owned real estate finance and investment company specializing in affordable multifamily residential funds and financings, announced the closing of Red Stone Equity – Fund 113 Limited Partnership ("Fund...
Resolve to learn about CSRD
I love this time of year in multifamily. Things slow down (slightly) from the break-neck pace of the rest of the year and we get to take a moment to ponder where we are...