California to turn unused school land into millions of housing units
In an effort to address a lack of housing that officials say has contributed to a shrinking teaching workforce, the California Department of Education is planning on converting undeveloped school lots into affordable housing.
State...
Rent control still the wrong solution to housing woes
Restricting the price of housing kills incentives to supply places to live.
Rent control is having something of a moment: In Los Angeles, tenants are invoking a law that imposes limits on apartments built on...
Yardi Matrix looks at student housing trends for Fall 2024
According to the Yardi Matrix Fall 2024 student housing report and webinar, the strong getting stronger is an emerging theme among the Yardi 200. Yardi tracks the performance of 1.15 million student...
Increasing apartment supply is slowing new lease-up velocity
Increasing apartment supply is slowing new lease-up velocity, said Madera Residential head of investment strategy and research Jay Parsons. Leasing velocity for newly built apartments is at its slowest pace in recent...
Class B apartments lead occupancy increases
Apartment occupancy has increased across all three asset classes lead by Class B, despite a 50-year-high wave of new apartment deliveries, according to RealPage Analytics. Seven consecutive quarters of record new apartment...
Renters slow their roll
Over a third of U.S. renters have lived in the same home for at least five years—up from 28.4 percent a decade ago according to a new report from Redfin. Economic fundamentals are likely...
Multifamily core and value-add metrics outperform expectations
Much news about multifamily has been about the difficulties in the asset class. A new report from CBRE Research raises an interesting comparison to the office segment—a differentiation in performance by property subclass.
CBRE said...
Student housing sector ends stellar 2024 leasing season
The student housing sector ended a stellar 2024 leasing season, according to the October national student housing report from Yardi Matrix. Preleasing and rent growth both were close to last year’s historic...
The housing theory of childless cat ladies
Would a YIMBY building boom rejuvenate urban family life or produce sterile, megacity hellscapes?
Housing Boom = Baby Bust?
America’s low birth rate is in the news again, thanks largely to Vice Presidential candidate Sen. J.D....
INFOGRAPHIC: A luxury vibe
High-income millennials and Gen Zers are choosing Class A apartments over home ownership. Is it a lifestyle choice or the economy?
National Class A rents average $660 to $2,000 below the average monthly mortgage
Hospitality-focused apartments
Class...
Office to apartments
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Hybrid work is likely here to stay. This shift isn’t just changing lifestyles—it’s also affecting commercial spaces. Office vacancy rates post-COVID shot up almost overnight, and they remain near 20 percent nationwide, the...
Residents expect electronic access control
Properties see value in access control solutions’ core mission of enhancing community safety and security.
Parks Associates’ new study, Smart Properties: The Value of IoT for MDUs, finds many multifamily residents and staff now expect...
Apartment market fundamentals stabilized in July, reports RealPage
According to data from RealPage Analytics, apartment fundamentals stabilized in July. Rent growth and occupancy remained relatively steady during the month. National occupancy was 94.2 percent for the third straight month, which...
Professionally managed apartments report lower vacancies than the broader market
Professionally managed apartments report lower vacancies than the broader market, according to data from RealPage and the U.S. Census Bureau.
Since 2010, the professionally managed segment of the multifamily industry has averaged five...
Market set for recovery
The multifamily housing market is showing promising signs of recovery, with recent data from CoStar Group revealing a significant increase in demand and stabilization of vacancy rates.
Absorption rates have notably risen from 118,000 units...
