Rents start the new year on a down note
The latest rent report from Apartment List shows that the national median monthly rent growth in January was -0.21 percent. Rents have fallen on a month-over-month basis for 6 straight months. Year-over-year rent growth...
IRR: Cap rates edged higher in 2024
Intergra Realty Resources (IRR) recently released its annual Viewpoint report for 2025. The report discusses the state of the US economy and presents an update on the operating performance data for four commercial property...
SDS Capital Group Promotes Laura Baron to COO
Impact fund manager SDS Capital Group, has promoted Laura Baron to Chief Operations Officer. Previously serving as Chief Financial Officer, Ms. Baron has been essential to the company’s financial success, strategic growth, and operational...
SFR rents rise at lowest pace in years
CoreLogic reported that their single-family rent index (SFRI) for November rose 1.5 percent from its year-earlier level. This is down 0.2 percentage points from last month’s reported year-over-year rent growth rate and is down...
Strong senior housing demand and occupancy outpace supply
Senior housing demand is increasing as occupancy reaches new highs, but supply remains stagnant, according to the National Investment Center for Seniors Housing & Care (NIC).The national occupancy rate for senior housing...
MSCI: Multifamily property prices stop falling in December
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices were unchanged month-over-month in December from the revised level of the month before. However, prices were down 4.2...
NMHC: apartment market conditions deteriorate in Q4
Apartment market conditions declined in the National Multifamily Housing Council’s (NMHC’s) most recent Quarterly Survey of Apartment Market Conditions. All four indices – Market Tightness (40), Sales Volume (41), Equity Financing (48) and Debt...
Fannie Mae Multifamily Closes 2024 With More than $55B in Volume
Fannie Mae (FNMA/OTCQB) announced that they provided more than $55 billion in financing to support the U.S. multifamily market in 2024. Fannie Mae provided significant liquidity across key housing segments in 2024, including more than...
Multifamily starts projected lower than in last month’s forecast
As in last month’s forecast, Fannie Mae’s January 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. However, their...
Multifamily CMBS special servicing rate jumps in December
Trepp reported that special servicing rate for multifamily commercial mortgage-backed securities (CMBS) loans increased again in December, jumping 135 basis points. It is now up 361 basis points since July. The overall CMBS special...
NAHB Commends President Trump’s Executive Order on Housing
Carl Harris, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Wichita, Kansas, issued the following statement after President Trump issued an executive order on housing relief: “NAHB commends...
MLG Capital Announces Record-Breaking Fund Close and New Leadership Structure Including Billy Fox and...
MLG Capital, a national leader in diversified private real estate investments, announced plans for the next generation of the firm’s business and leadership. MLG has named Billy Fox as President and Principal and Dan...
Multifamily starts rebound
The Census Bureau’s new residential construction report stated that, after falling to the lowest level since April 2020 last month, multifamily starts rebounded to the highest level in a year in December. However, both...
Landmark Properties Appoints Nikko Politis as Senior Director of Multifamily Acquisitions
Landmark Properties, a fully-integrated real estate firm specializing in the development, construction, acquisition, investment management, and operation of high-quality residential communities, announced the appointment of Nikko Politis as Senior Director of Multifamily Acquisitions. This strategic...
Construction materials prices move modestly higher
The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.2 percent month-over-month in December on a seasonally adjusted basis. The index of components and...