Can adaptive reuse save America’s malls?
What is the most common reason to get in the car and start driving on any given day of the week? Depending on where you’re from, the obvious answer might be commuting to work....
Apartment survey finds August rent payments held up fairly well
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 90 percent of apartment households made a full or partial rent payment by August 20 in its survey of 11.4 million units of professionally...
Small landlords dip into savings as their tenants struggle to pay rent
More renters are unable to make their monthly payments, and that is having an outsized impact on the nation’s “mom and pop” landlords. Nearly a third of renters who live in single-family or small multifamily...
It’s time to debunk COVID-19 myths
Myths about future apartment sizes, office demand and reshored manufacturing were tackled by executives at RCLCO in a recent webinar. Without a doubt the pandemic has upended commercial real estate. What were once solid tenants...
Don’t cut your marketing budget in a recession
Most companies reduce spending in recessions, especially on marketing items that may be easier to cut (certainly relative to payroll). Right now, advertising agencies are struggling to stay afloat, and Google and Facebook are...
People resent businesses more in highly-regulated industries
There is a positive relationship between the amount of governmental interference in an economic arena, and the abuse and invective heaped upon the businessmen serving that arena. When I came across those words while reading...
States should pay attention to Supreme Court justices’ comments on reopening orders
The scope and duration of the stay-at-home orders issued by state governors this year are unlike any past pandemic orders in American history. So it is not surprising that several hundred lawsuits have been...
Canceling rent won’t solve housing woes
As Americans stagger through a bewildering pandemic summer, buffeted by shutdowns and job losses, millions face each coming month with an additional dread: making their rent payments. In response to the crisis, numerous states and...
Multifamily builder and developer confidence improved in second quarter
Confidence in the market for new multifamily housing increased in the second quarter, however, it still remains in negative territory, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders...
Rate Desk Wednesday, August 19, 2020
August 19, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. With MF construction soaring nationwide, take advantage of lower rates to maximize your borrowing power. Rate Desk notes August 19, 2020 Indices...
COVID impacts relocation plans
The COVID-19 pandemic and the changes it has caused in our lives are bound to have an impact on where people choose to live. A variety of sources have attempted to measure the impact...
Multifamily mortgage originations fall in Q2
A Mortgage Bankers Association (MBA) report on mortgage originations shows that, while multifamily mortgage originations fell in the latest quarter, they held up better than did originations for other commercial property types. Setting a baseline The...
Multifamily housing construction rebounds in July
The Census Bureau released its monthly new residential construction report for July 2020. It shows a strong rebound in multifamily housing construction. Permits up strongly The number of permits issued for buildings with 5 or more...
Latest Rent Payment Tracker finds payments slightly behind last month
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 86.9 percent of apartment households made a full or partial rent payment by August 13 in its survey of 11.4 million units of professionally...
Jobs coming back, but slowly
The Bureau of Labor Statistics (BLS) recently released its Job Openings and Labor Turnover (JOLT) report for June. It shows that the jobs market is continuing to recover from the COVID-19 induced shutdowns, but...
