Alternative views on rent payments
With COVID disrupting the economy, there is high interest in assessing how many renters are failing to make their rent payments. This article examines alternatives to the NMHC rent tracker. Focus on the big guys The...
Rent Payment Tracker: rents trending down
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 86.2 percent of apartment households made a full or partial rent payment by September 13 in its survey of 11.4 million units of professionally...
Power Hitters with Kevin Kelly
NAHB Power Hitters Host Linda Hoffman, speaks with Kevin Kelly, chairman and managing principal of Leon N Weiner & Associates. Kelly’s accomplishments, service and celebrity in housing are great. He is a past chairman...
Money Talks with Curt Coccodrilli and Liz Bell
The USDA is all about meat standards, right? Yes—but what a small glimpse of an all-encompassing department. Along with managing America’s food resources—the department offers programs that elevate agriculture, natural resources, rural development, nutrition and...
Jobs coming back, but slowly
The Bureau of Labor Statistics (BLS) recently released its Job Openings and Labor Turnover (JOLT) report for July. It shows that the jobs market is continuing to recover from the COVID-19 induced shutdowns, but...
Lumber drives construction material prices higher again
The Bureau of Labor Statistics (BLS) released its producer price index report for August 2020. It showed that the BLS price index of materials and components for construction was up 0.9 percent from July,...
Sponsored: How to engage with today’s multifamily renters
When a potential renter walks through your doors, are you positioned to understand their specific needs? In a recent Assurant study, we’ve outlined five specific renter types and their psychographic data so you can...
Rent growth barely positive in August
Yardi Matrix released its August 2020 report on the multifamily rental housing market. The report shows that rent growth was positive for the second month in a row and that secondary markets are doing...
Rate Desk Wednesday, September 9, 2020
September 9, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. With lower home supply and no declines in MF property value, higher demand for workforce housing drives the market. Rate Desk notes...
Rent payment tracker: payments down
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 76.4 percent of apartment households made a full or partial rent payment by September 6 in its survey of 11.4 million units of professionally...
Power Hitters with Lance Swank
NAHB POWER HITTERS Host Linda Hoffman chats with Lance Swank, president of The Sterling Group in beautiful Mishawaka, Indiana. The Sterling Group owns and manages over 9,000 apartments across 35 markets in the Midwest...
Payroll tax holiday begins Sept. 1
At the beginning of August, President Trump issued an executive order deferring certain payroll tax obligations. This was done in response to Congress refusing to include any type of payroll tax cut in its...
Multifamily property values outperform since COVID
A pair of recent reports, one from CoStar and another from Real Capital Analytics (RCA), track the changes in values of commercial property in the United States. This article looks at the parts of...
Rate Desk Wednesday, September 2, 2020
September 2, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Relationships of leverage to risk; probability of loss vs loss given default and which carries more risk. Rate Desk notes September 2,...
Industry associations respond to CDC’s Rental Eviction Moratorium
The Centers for Disease Control and Prevention implemented a temporary eviction moratorium through the end of the year, protecting U.S. renters from losing their homes during the COVID-19 pandemic, the Trump administration announced September...