What happens to CRE prices as interest rates rise?
A recent report from Trepp seeks to answer this question by looking at the history of commercial real estate (CRE) price appreciation. The report examined data on price changes in different interest rate environments...
Opportunities in ULI’s real estate economic forecast
Demand for apartments is likely to stay relatively strong. At the same time prices are likely to fall for all types of real estate property, according to the March 2023 edition of the Urban...
JP Morgan’s big loss: Why banks still haven’t learned their lesson
Even the trading operation that booked the loss is in the black overall. Aren't losses part of the game? Why does one loss matter if it is more than offset by other trades' gains?...
Lennar builds multifamily division
LMC is the sixth-largest apartment developer in the U.S., according to the National Multifamily Housing Council. Its parent company, Lennar is the second-largest homebuilder, according to Professional Builder magazine. LMV II, the newest of...
Lightening the load
Speed Queen, Whirlpool and Maytag all offer laundry systems that also have less impact on the environment than previous models, while making life easier for residents of apartments and student housing and saving money...
Rent growth flatlines in January
Yardi Matrix reported that national average apartment rent growth stalled in January with rents remaining unchanged from December’s revised level at $1,701 per month. However, January's preliminary rent figure is down $14 from the...
March is a down month for multifamily housing construction
The Census Bureau’s new residential construction report for March showed multifamily permits were flat for the month, and that was the relative bright spot. Both multifamily unit starts and completions were sharply lower.
The report...
Move to double lumber tariffs is a gut punch to American home buyers, home...
Chuck Fowke, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Tampa, Fla., issued the following statement after the U.S. Commerce moved forward with an administrative review to double the...
80.8 percent of apartment households paid rent as of June 6
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 80.8 percent of apartment households made a full or partial rent payment by June 6 in its survey of 11.5 million units of professionally...
Shores: A love story
The love story began in 1955, when Epstein was first approached by then Los Angeles County Supervisor Burton Chase to assist in the planning for the creation of Marina del Rey, soon to become...
Power Pros with Vickie Rodgers
Yield PRO TV presents Power Pros. Host Linda Hoffman talks with Vickie Rodgers, VPGM of Cox Communities.
Learn more about Cox Communities.
Transcript: NAHB Power Pros interview. Linda Hoffman with Vickie Rodgers, VP and general manager...
Despite housing glut, REITs prosper
On a year-over-year basis, AvalonBay Communities saw FFO per share growth in Q3 of more than 19 percent, the highest growth rate in six years for the multifamily REIT that, as of the end...
Housing starts rise in August amid ongoing affordability concerns
Total housing starts increased 9.2 percent in August to a seasonally adjusted annual rate of 1.28 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.
The August...
Remodeling market sentiment weakened in fourth quarter but remains positive
The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the fourth quarter, posting a reading of 66, declining 17 points compared to the fourth quarter of 2021.
“Remodelers...
The fable of the bees
The fable of bees (or private vices, public benefits) was written in 1714 by Bernard Mandeville, who is today considered one of the first purveyors of economic theory. At the time of his writing...
