Saturday, May 31, 2025

Rents

Avenue South Residences—56-story residential towers located on the western edge of Singapore’s urban core—will be the tallest buildings created with prefabricated prefinished volumetric construction (PPVC). The 988-unit multifamily housing towers will include 2,984 modules (ADDP Architects).

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...

Empty apartments finally start to fill

The biggest apartment construction boom in four decades flooded the market with new supply over the past two years. Apartment owners had to contend with a surge in empty units. That is starting to change. The...

Markets that reached supply summits earlier and at more modest levels are now seeing...

In evaluating rent performance among major apartment markets, two key factors emerge: the timing of peak supply and the scale of new inventory at that peak. Data from RealPage Analytics suggests markets...

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....

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...
“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...
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...
Interest rates slow apartment development

INFOGRAPHIC: Interest rates slow apartment development

Rising interest rates, tighter lending and flattening rents in parts of the country have left property companies from California to Florida waiting for financing that may not come soon. +500 days (up 45% from 2019)...

The state of affordable housing

Housing affordability has emerged as a key issue in this year’s U.S. presidential election. Both Democrat Kamala Harris and Republican Donald Trump have talked about what they would do to increase the supply of...
supply outpaces demand

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...

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...

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...

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...

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...
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...
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