Sunday, May 19, 2024

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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...

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...

Fannie Mae predicts instability and cloudy skies in 2024

Fannie Mae issued a multifamily market forecast this month predicting instability and cloudy skies in 2024. “Our prediction of turbulence in the multifamily market last year was correct, and it appears that it...

Multifamily distress logs largest increase in 18 months

The multifamily distress anticipated last year is finally starting to materialize. Although multifamily loan defaults remain relatively low, the multifamily distress rate rose as lenders push maturities forward, wrote Yardi Matrix in...
https://yieldpro.com/pdf/infographics/2024/0304/The_era_of_fiscal_excess.pdf

INFOGRAPHIC: The era of fiscal excess

download pdf Lockdowns were the beginning of the end of office space as we’ve known it for over four decades. Work from home spurred vacancies expected to rise through 2025. The 2022 Fed interest rate...

1.1 million apartments occupied since 2020

National apartment occupancy hit a 10-year low at the end of 2023, while demand reached its highest point since Q2 2022 and continues to be strong. The number of occupied apartments in...

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...

Office-to-apartment conversions gather steam

Office-to-apartment conversions gather steam as developers seek adaptive reuse as a way to fix pandemic-related problems in the office market. Adaptive reuse of office buildings has become so popular, CoStar dubbed 2023...
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...
Sabal Court Apartments

Class B is the place to be, say analysts

Class B apartment properties outperformed their luxury siblings in 2023, and most analysts expect they will continue outperforming in 2024. Berkadia concluded that data published in a December 2023 report entitled, “Is...
Winner: Community of the Year: Carlyle Crossing, Alexandria, Virginia

Publisher’s note: The measure of all things

“Man is the measure of all things,” wrote Greek philosopher Protagoras two and a half millennial ago. While a simple notion, it’s important to remind ourselves that the gauges we use to measure are...

Renewed consumer confidence boosts apartment demand

As 2023 comes to a close and inflation eases a bit, consumer confidence has rebounded, according to two December surveys. Renewed consumer confidence is boosting apartment demand in markets across the nation....

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...

SFR industry unjustly targeted in the housing affordability crisis

Hedge funds and private equity investors are the latest culprits in the nation's lack of affordable housing, say lawmakers. But housing experts provide evidence that the SFR industry is being unjustly targeted...
Yield PRO