Wednesday, April 2, 2025

Rents

Freddie Mac projects increase in YOY multifamily originations

Multifamily originations in 2025 are expected to surpass last year’s volume, thanks to stabilizing, although higher, interest rates, an expensive for-sale market and the nation's extreme shortage of housing, according to Freddie...

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...
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 withdrawal requests but satisfied less than $500 million of them, according to regulatory filings.

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...
“What you don’t have, and what’s required for collusion, is a horizontal agreement among competing property operators to all use that software and to delegate their rent setting authority to a third party. “From what I’ve seen, and from what we’ve been able to discern from the industry, there’s nothing like that happening,” said David Cross, a partner at San Francisco-based Morrison & Foerster’s antitrust litigation practice.

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...

Is illegal immigration a driving force in apartment fundamentals?

Are illegal immigration and deportations truly driving forces behind housing supply, demand, and affordability issues, or are they being overstated by the media and both sides of the political divide? Or put...
Often considered the slowest growing region in the U.S., the Midwest has recently shown surprising improvements, both in the performance of its multifamily markets and in the resilience of the region’s economy. The outperformance comes amid a volatile economic backdrop—the Midwest’s relative stability is one of the region’s defining features and highlights its importance in any multifamily portfolio.

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...

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...

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...
According to a 2021 study by the University of California, Los Angeles and U.C. Berkeley, over one-third of public school employees are “rent-burdened,” meaning housing costs consume more than 30 percent of their income. The issue is particularly severe for food service workers, more than half of whom are affected.

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...

Paying the fox to watch the chickens: The war on private housing

Despite the rise in homelessness, the federal government continues to raise the barrier to creating shelter for those without permanent housing. Infusing bad actors with HUD money is another layer. In September the Biden admin....

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...

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...

Inflation is the most destructive disease known to modern societies —Milton Friedman

Here’s how. 1 Shoe leather The resources and energy people use to convert deteriorating currency into stable assets are costly. Economists call this shoe leather costs, alluding to how people destroy their shoes in the metaphorical...
CDC eviction moratorium

RealPage breaks silence in response to allegations of price fixing

RealPage breaks silence in response to allegations of price fixing levied by renters' groups and the U.S. Department of Justice, releasing a statement that tells "the real story." The statement is a response...

Redfin survey suggests a majority of Americans favor rent control

A recent survey commissioned by Redfin exposes a stark misconception among Americans about rent control. Although economists are in almost total agreement that rent control drives up rent rates over time and...
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