The hunt for apartment money
Real estate investing can be a long-view thing for many investors, whether putting money directly into a project or property or in the stock market through, for example, real estate investment trusts (REITs). With that...
What CRE looks like after a pandemic
The light at the end of the tunnel may be in sight for the U.S. economy. As JPMorgan Chase Chairman and CEO Jamie Dimon detailed in his recent letter to shareholders, the economy could be...
Impact investing in renters
Bobby Turner, founder and CEO of Turner Impact Capital and Wharton grad, wants to boost pride in rentership. He believes that building neighborhoods that offer a sense of community pride for renters is an...
Urban recovery predicted to take longer this time
While it is clear that the multifamily sector has generally bounced back from the pandemic, a new report from Fitch Ratings indicates that a full recovery in urban areas to 2019 levels could take...
Property rights versus labor unions in the Supreme Court
As the Supreme Court’s recent Obamacare case illustrates, the justices no longer enforce most of the Constitution’s limits on the federal government. But a new property rights decision demonstrates how they are super-enforcing the...
JCHS releases The State of the Nation’s Housing report
The Joint Center for Housing Studies of Harvard University has released the 2021 edition of its report chronicling the issues surrounding housing in the United States. The report brings together data from a wide...
CDC extends eviction moratorium
Dr. Rochelle Walensky, the Director of the Centers for Disease Control (CDC), has extended the agency’s eviction moratorium until July 31, 2021. The agency says that this extension is intended to be the last. The...
RCLCO talks single family rentals
RCLCO discussed single family rentals (SFR) and build for rental (BFR) properties in conjunction with their monthly round-up webinar. The presentation was a good introduction to the reasons this market has been drawing a...
GSEs remain dominant holder of multifamily mortgage debt in Q1 2021
A Mortgage Bankers Association (MBA) report on multifamily and commercial mortgage debt shows that the GSEs accounted for 80 percent of the increase in multifamily mortgage debt outstanding in Q1. While still high, this...
Forecasts say higher inflation is coming
A pair of forecasts, one from Fannie Mae and one from the Federal Reserve anticipate that a period of significantly higher inflation than had been predicted in earlier forecasts may be on the way. Fannie...
2021 NAA Excellence Awards winners announced
The National Apartment Association (NAA) formally recognized the winners of the 2021 NAA Excellence Awards at a virtual ceremony sponsored by Belfor Property Restoration on June 16. The ceremony took place during Apartmentalize+, a...
Census reports solid multifamily housing construction results
The Census Bureau released its monthly new residential construction report for May 2021. It stated that some results were down from those in recent reports, but they were still strong compared to historical levels. Multifamily...
Strong rent growth reported for May
The latest rent report from Yardi Matrix shows record rent growth for the country as-a-whole in May. Rents up sharply Yardi Matrix reported that the national average apartment rent rose $12 in May to $1,428 per...
Construction materials prices higher in May
The Bureau of Labor Statistics (BLS) released its producer price index report for May 2021. It showed that construction materials prices were up 3.9 percent in the month, seasonally adjusted. The index was 17.3...
HUD to revise AFFH rules – again
On June 10, the Department of Housing and Urban Development (HUD) published an interim final rule regarding HUD's affirmatively furthering fair housing (AFFH) regulations. The rule reinstates requirements that had been imposed by the...
