Friday, August 15, 2025

Tag: Blog

Multifamily CMBS special servicing rate rises in July

Trepp reported that the special servicing rate for multifamily commercial mortgage-backed securities (CMBS) loans rose in July, although it has stayed in a narrow...
Chicago leads in year-over-year rent growth

Yardi Matrix: Rents edge higher in July

Yardi Matrix reported that the national average asking apartment rent was up $2 in July compared to the revised level of the month before at...
rural opportunity zones support small towns

The new opportunities in opportunity zones

The One Big Beautiful Bill Act's (OBBBA) recent revisions to the Opportunity Zone program have the potential to transform multifamily housing development in America's...

Multifamily mortgage originations fall in Q2 despite overall rise

A report from the Mortgage Bankers’ Association (MBA) says that multifamily mortgage originations were down 35 percent year-over-year in Q2. This was the largest...
CMBS delinquency rates rise in July

Multifamily CMBS delinquency rate rises

Trepp reported that the delinquency rate for multifamily commercial mortgage-backed securities (CMBS) increased in July after 2 months of declines. It and industrial were...
residential construction put in place

Multifamily construction spending inches higher in June

The Census Bureau’s report on construction spending stated that the value of multifamily residential construction put in place in June rose slightly from the...
property manager employment growth

Property manager jobs increase despite weak employment growth overall

The Employment Situation Report from the Bureau of Labor Statistics (BLS) stated employment grew in July, but this was aided by significant downward revisions...
BREEAM is the best British import since the Beatles

BREEAM: a British import to consider

I was born in California but now reside in Texas. It makes me happy to tell people, “What happens in California doesn’t STAY in...

Senate Banking Committee advances ROAD to Housing Act

On July 29, the Senate Committee on Banking, Housing, and Urban Affairs voted 24-0 vote to advance the Renewing Opportunity in the American Dream...

National median rent nearly unchanged in July

The latest rent report from Apartment List shows that the national median monthly rent growth in July was 0.03 percent. Rents have now risen...
job openings and hiring

Job openings lower in June after May bump

The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of total non-farm job openings...
CoStar looks at multifamily property prices

CoStar: multifamily property prices unchanged for the month

CoStar reported that its value-weighted index of multifamily property prices was unchanged month-over-month in June. This index was up 4.3 percent year-over-year. MSCI Real Capital...
new renter

Share of renter households rises in Q2

The Census Bureau’s quarterly report on home ownership and occupancy for Q2 2025 stated that the rental housing vacancy rate was 7.0 percent, down...
multifamily starts, single-family starts

Multifamily starts forecasts revised lower

Revisions to Fannie Mae’s July housing forecast reduce the number of multifamily starts expected in 2025 and 2026 from those in last month’s forecast....

MSCI: Multifamily property prices break their fall in June

The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices were unchanged in June compared to the revised...

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