Thursday, November 21, 2024

Uncategorized

Zumper declares renters’ market

Zumper, one of the nation’s largest rental platforms, declared a renters’ market in its most recent National Rent Report. Easing inflation, slowing migration and a record number of new apartment deliveries are...

Multifamily fundamentals are strong in 2024, despite uncertainties

The 2024 apartment market forecasts are in and despite twists, turns and uncertainties, multifamily fundamentals are strong. In December, the Apartment List Research Team released its Seven Predictions for the 2024 Rental...
Kimairys Maldonado

Peabody Properties’ Kimairys Maldonado Achieves SHCM and CPO Accreditations

Peabody Properties, an affiliate of The Peabody Companies, a group of award-winning property management and real estate firms now celebrating its 48th anniversary, is pleased to announce that Kimairys Maldonado of Brockton, Massachusetts has...
Disparate impact of high interest rates

INFOGRAPHIC: Disparate impact of high interest rates

Disparate impact of high interest rates has adversely impacted millions of low- and middle-income families—and housing providers. More often high interest rates depress stock and housing prices, and other asset values— impacting all income...
Stonehedge Apartments

Gantry Arranged Financing of Over $34M on Four Seattle Assets in Separate Deals Including...

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a total of $34.3 million of loans to refinance four Seattle MSA assets owned by different and unaffiliated entities. Three of...

Affordability is re-emerging as a tailwind for market-rate apartments.

Affordability is re-emerging as a tailwind for market-rate apartments. One takeaway from data discussed on a RealPage podcast this week is that rent-to-income ratios have returned to pre-pandemic levels, suggesting affordability issues...
L.A. homeless tower building cost rings bells

L.A. homeless tower building cost rings bells

Gym, balconies, restaurant, soundproof music studio, business center, located in downtown Los Angeles, and it’s pet friendly. Sounds like a pretty good hotel, four-stars at least. Sounds like it, but it isn’t. It’s the new Weingart...
Rents fall behind inflation

Rents fall behind inflation

Tracking rents is important for understanding the dynamics of the housing market. For example, the sharp increase in rents helped me deduce that there was a surge in household formation in 2021 (September 2021:...

Yardi matrix reports strong student housing preleasing activity

Yardi Matrix reports strong student housing preleasing in its most recent Yardi Matrix National Student Housing Report. The off-campus student housing sector continues to post solid fundamentals, beating out last year’s preleasing rate...

Class A apartments in high-supply markets outpace Class B on year-over-year rent growth

Although it might defy conventional wisdom, Class A apartments in high-supply markets are outperforming upper tier Class B assets on year-over-year rent growth, according to RealPage Analytics. New apartment supply is at...
multifamily housing construction

Building more luxury apartments lowers rent for all classes

One of ten unintended consequences of rent control, according to the National Apartment Association, is that it reduces developers’ incentives to build new rental housing. Rent control has proven to backfire on...
Market demand sets stage for few rent hikes

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...
Economics and the hidden order

Economics and the hidden order

The “real world” is calling. But the real world is a real mess. So how do we clean up the mess? That’s a massive task: too big for any one person. This looks like...
There’s no doubt that we are more distracted than ever in our age of screens. Everything from the latest news on social media to our favorite movie to online shopping is only a few clicks away.

Creating habits in an age of distraction

There’s no doubt that we are more distracted than ever in our age of screens. Everything from the latest news on social media to our favorite movie to online shopping is only a few...
Rent control still the wrong solution to housing woes

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...
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