Mod, mod world
Some of the busiest apartment developers in the U.S. are still trying to use three-dimensional “modules” created in factories to reduce the cost of construction.
For more than a decade, modular construction companies promised they...
RealPage reconfigures revenue management products after San Francisco bans rent-setting software
RealPage has reconfigured its revenue management products after San Francisco bans rent-setting software in a direct attack on the Richardson, Texas-based company.
RealPage announced Thursday that it is offering its revenue management software...
Completions outpace new starts by widest levels in decades
Multifamily analysts predict supply will continue to exceed demand this year, keeping vacancy elevated and putting downward pressure on rents. So far in 2024, U.S. multifamily completions are outpacing new starts at...
Multifamily faces antitrust litigation
With national elections around the corner, some of the nation’s largest apartment companies are facing antitrust litigation over usage of a product that has become increasingly important to the industry since the first multifamily...
Who’s to blame for the affordability crisis?
Who's to blame for the affordability crisis? Jay Parsons, multifamily housing analyst and head of investment strategy and research for Madera Residential, suggests that the media is pointing fingers in the wrong...
New study suggests renters want modern conveniences and greater efficiency
A new study from RealPage reveals that renters will pay higher rents for modern conveniences and efficiencies and a moving and rent-pay process as easy as ordering from Amazon. The 2,000 U.S....
New metrics make Midwest investment attractive
Recently, the Midwest has shown surprising growth and economic resilience, making this region an attractive candidate for multifamily development, investment and general interest.
Often considered the slowest growing region in the U.S., the Midwest has...
Multifamily concession offerings on the rise
Multifamily concession offerings are on the rise nationally as rent growth slows. According to Fannie Mae, almost 21 percent of multifamily units were offering concessions averaging five percent as of Q2 2024.
The return...
The incredible disappearing Starwood CRE investor
The $10 billion fund from Starwood Capital Group has been trying to preserve its available cash and credit by limiting investor redemptions. In the first quarter, the fund was hit with $1.3 billion in...
Investors circle overleveraged apartments
Rescue capital is available for apartment borrowers that need it, but relatively few owners of over-leveraged apartment properties are willing to pay the price—so far.
High interest rates have stranded the owners of over-leveraged apartment...
Buy multifamily – market conditions favor investment
Now is the time to buy multifamily, said Peter Standley, director of Marcus & Millichap's multifamily division, while discussing the state of industry on October 7. He discussed the impact of new...
Multifamily oversupply conditions are improving
Multifamily oversupply conditions are improving, but not out of the woods yet. The good news is that some relief is expected by 2025, but Sunbelt markets may take 12 to 18 months...
Surging demand in Q2 2024 helps stabilize occupancy and rent growth
Surging demand in Q2 2024 helps stabilize occupancy and rent growth and narrow the gap between supply and demand, according to RealPage Market Analytics. RealPage market analyst Carl Whittaker thinks this is...
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...
Market demand sets stage for few rent hikes
While asking rents for new leases nationally are running nearly flat over the past 12 months, those figures are heavily influenced by the Sunbelt, where record-high supply has turned rent growth negative in some...