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...
2020 Sustainable Living Index results released
AMLI Residential, a leading developer of sustainable, multifamily properties, announced the results of its fourth annual Sustainable Living Index. This year’s survey polled a record 4,891 AMLI apartment residents asking how their opinions on...
Multifamily property values fall in Q2
CoStar recently released its quarterly report on the change in value of commercial property in the United States. This article looks at the part of the report that deals with multifamily property values. Defining the indices The...
Rate Desk Wednesday, August 12, 2020
August 12, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. HUD/FHA loan refinance options, building customer service increases resident retention. Rate Desk notes August 12, 2020 Indices up UST yields .67 Crude...
Construction material prices rise on higher lumber prices
The Bureau of Labor Statistics (BLS) released its producer price index report for July 2020. It showed that the BLS price index of materials and components for construction was up 0.5 percent from June,...
Money Talks with Joe DeFelice
You loved him in Rate Desk. He was a hit in NAHB POWER HITTERS. Host Michael Thomas’ introduces MONEY TALKS—the latest addition to the Yield Pro TV network. MONEY TALKS brings the real story...
August starts with strong rent payments
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 79.3 percent of apartment households made a full or partial rent payment by August 6 in its survey of 11.4 million units of professionally...
Power Hitters with David Ward
NAHB POWER HITTERS Host Michael Thomas talks with David Ward, executive vice president of development of the publicly traded REIT, MAA—the nation’s largest private apartment owner with over 100,000 units. MAA is also the...
Small landlords hit by COVID-19
A survey by the Terner Center for Housing Innovation and the National Association of Hispanic Real Estate Professionals (NAHREP) examined the impact of the COVID-19 epidemic on the mostly small landlords who are members of...
Fannie Mae announces new measures to support residential tenants
Fannie Mae has remained committed to assisting residential tenants in Fannie Mae-financed multifamily rental housing who are facing financial hardship due to the COVID-19 pandemic. In support of the announcement by the Federal Housing...
Rents recover (somewhat) in July
Yardi Matrix released its July 2020 report on the multifamily housing market. The report shows some recovery in rents for the multifamily rental housing market nationally, but wide variations between metro areas exist. The rent...
Rate Desk Wednesday, August 5, 2020
August 5, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Capital markets and deals are in motion. What definition does your lender use for property replacement costs for casualty insurance? Rate Desk...
