Trends support continued multifamily growth
As the current economic expansion enters its 11th year—the longest on record—the “when will it end” speculation continues apace. As cap rates hover near historic lows and properties trade for historic highs, the question...
NMHC statement on today’s meeting with the Homes Guarantee Campaign
Today, NMHC met with representatives from the Homes Guarantee Campaign to learn more about their priorities and personal stories. While the meeting was unscheduled, the discussion confirmed our mutual desire to see an increase...
NMHC President Doug Bibby to step down in 2021
Doug Bibby, the long-term president of the National Multifamily Housing Council (NMHC) has announced his intent to step down from his leadership role in 2021.
Over the almost two decades that Bibby has helmed NMHC,...
19 big errors to avoid in social media management
When companies decide it’s time to up their social media game, they have to figure out a way to manage the work that entails.
Some businesses lean on their marketing team or interns to handle...
Americans turn to more financing as savings run dry
An increasing number of Americans—many of whom are renters—are turning to buy now and pay later (BNPL) services like layaway as they continue to drain their savings and interest rates on credit cards grow,...
Multifamily Developer Mark-Taylor Companies Unveils New Consulting Division with Expanded Services
Mark-Taylor Companies, a leading luxury multifamily developer, owner and manager in Arizona and Nevada, is proud to announce the official launch of Mark-Taylor Consulting (MTC), its third division of business. Initiated in 2021, MTC...
Rental fees new target for White House
The Biden administration recently announced a new component of its war on junk fees, curbing rental fees that officials assert are exacerbating housing affordability challenges.
The White House plans to focus on repeated rental application...
Nomadix Appoints Trusted Advisor and Multifamily Technology Executive Sandy Jack
Nomadix, bringing connected experiences to life, announced the appointment of Sandy Jack as director of strategic relations - multi-dwelling. A trusted advisor and partner to MDU properties, management companies and brands, Sandy Jack joins...
Builder confidence in the 55+ housing market remains high in fourth quarter
Builder confidence in the single-family 55+ housing market remained high in the fourth quarter, inching down one point from an all-time high to 82, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index...
Demographics, they are a ‘changing
The American family has undergone significant change in recent decades. There is no longer one predominant family form, and Americans are experiencing family life in increasingly diverse ways.
In 1970, 67 percent of Americans ages...
NMHC Rent Payment Tracker finds 87.6 percent of apartment households paid rent as of...
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 87.6 percent of apartment households made a full or partial rent payment by July 13 in its survey of 11.4 million units of professionally...
Uncertain economic conditions continue to impact multifamily businesses
The June edition of the NMHC Quarterly Survey of Apartment Construction & Development Activity found that multifamily development and construction firms continue to face headwinds. The rising cost of capital, coupled with a slowing...
Rate Desk Wednesday, October 7, 2020
October 7, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Leveraging green benchmarks to maximize lending potential and a look at HUD for statutory constrained urban markets.
Rate Desk notes October 7,...
Multifamily Industry Leader Jeff Proebstle Returns to SatisFacts & Apartment Ratings as Chief Sales...
SatisFacts & ApartmentRatings announced that veteran multifamily industry leader, Jeff Proebstle, has been named Chief Sales Officer, marking his return to the SatisFacts & ApartmentRatings team.
Jeff Proebstle has a long career history with SatisFacts,...
Builder confidence edges lower as material challenges persist
Strong buyer demand helped to offset supply-side challenges relating to building materials, regulation and labor as builder confidence in the market for newly built single-family homes inched down one point to 80 in July, according to the...