PRO Blog

Yardi Matrix released its January report on the multifamily housing market. The report describes a market with healthy year-over-year rent growth. Waiting for spring Yardi Matrix reported that the average rent nationwide was $1420 in January,...

A recent report from the Brookings Institution compares and contrasts recent migration patterns for young adults and for seniors using data from the Census Bureau’s American Community Survey. Millennials on the move The report found that...

A report by RentCafe highlights the rise in the number of high-income renters between 2007 and 2017. Setting the threshold The report focuses on households earning more than $150,000 per year and looks at how the...

The recently issued Commercial/Multifamily Quarterly Databook from the Mortgage Bankers Association (MBA) shows continued strength in originations of multifamily mortgages and growth in the total level of multifamily mortgage debt outstanding. Strong seasonality continues The first...

The Costar Group recently released a report on the change in value of commercial property in the United States. This blog entry looks at the part of the report that deals with multifamily property values. Everything...

Rent growth is a key metric for assessing the health of the multifamily rental industry. While RealPage and Yardi Matrix have long supplied estimates of rent growth, website Apartment List has stepped in with...

The media world is shifting--again. First there was the internet and the print is dead campaign. News organizations feared the Internet, bloggers, independent news reporters, insiders-turned-news writers. This month over 1,000 media jobs were lost as...

Trepp, a provider of data, analytics, and technology solutions to the global securities and investment management industries, recently issued a report on the issuance of multifamily commercial mortgage backed securities (CMBS). It showed that...

Marcus and Millichap (M&M) recently released their 2019 Multifamily North American Investment Forecast report. It expands on the webinar they presented two months ago. While this report covers the usual operational factors like rent...

Interest has been growing in expanding the use of wood in the structures of tall buildings. Changes to building codes are coming that will enable this to happen. Where are we coming from While wood has...

The lack of affordable housing, particularly on the West Coast, continues to intensify. So pressing is the problem of housing in California that the top three campaign promises made by newly-elected California Governor Gavin...

Wally, a 5-foot alligator, is a rescue. At nearly 4 years old, this cold-blooded reptile could grow as long as 16 feet at full maturity. Wally spends his days eating chicken wings from his...

On January 22, Greg Willett and Adam Couch of RealPage presented their quarterly market update webinar. It covered the state of the economy and its impact on apartment demand, supply and occupancy. The webinar...

The Federal Home Loan Mortgage Corporation’s (Freddie Mac) Multifamily Research Center recently issued a report entitled “Multifamily 2019 Outlook”. The report forecasts continued strength in the multifamily property market for the remainder of this...

Addressing the state’s problem with housing was a focus of both Gavin Newsom’s inaugural address as California’s governor and of his first state budget proposal. The governor speaks The headlines from Governor Newsom’s inaugural address often...