Tag: Blog
Multifamily CMBS special servicing rate higher in August despite overall drop
Trepp reported that the special servicing rate for multifamily commercial mortgage-backed securities (CMBS) loans rose in August, although it remains below its level of...
Commercial mortgage delinquency rates continue higher
The Mortgage Bankers Association (MBA) reported that delinquency rates rose in Q2 for commercial and multifamily mortgages issued by 4 of the 5 classes...
The shifting landscape of rental housing: Single-family rentals vs. multifamily
For decades, when we thought of "rental housing," our minds went straight to apartment complexes. Towering buildings with dozens or even hundreds of units,...
Construction materials prices rise as steel rolls higher
The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.3 percent month-over-month in August...
Biennial online renter study shows evolving renter behavior
The multifamily housing industry is witnessing a fundamental shift in how prospective renters discover, evaluate, and choose their living spaces. The 2025 Biennial Online...
Smaller metros increase share of multifamily permits in Q2
The National Association of Home Builders (NAHB) recently released its Home Builders Geography Index (HBGI) report for Q2 2025. It does not look at...
Weak overall employment growth reported for August
The Employment Situation Report from the Bureau of Labor Statistics (BLS) stated overall employment growth slowed in August. The employment levels for the 4...
CoStar: multifamily property prices move lower in July
CoStar reported that its value-weighted index of multifamily property prices fell month-over-month in July, dropping 1.36 percent. This index was up 3.11 percent year-over-year.
By...
Yardi Matrix: Rent growth turns negative in August
Yardi Matrix reported that the national average asking apartment rent fell $1 in August compared to the revised level of the month before to $1,755...
Multifamily construction spending continues to trend lower
The Census Bureau’s report on construction spending stated that the value of multifamily residential construction put in place in fell in July from the...
Multifamily CMBS delinquency rate jumps higher
Trepp reported that the delinquency rate for multifamily commercial mortgage-backed securities (CMBS) leaped higher in August, rising by the most for any of the...
Rent growth turns negative in August
The latest rent report from Apartment List shows that the national median monthly rents fell in August with rent growth of -0.16 percent. This...
Multifamily cap rates expected to stabilize
New data from CBRE’s H1 2025 Cap Rate Survey suggests that overall cap rates may be poised for modest compression while multifamily cap rates...
MSCI: Multifamily property prices unchanged in July
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices were unchanged in July compared to the revised...
Multifamily starts rise to multi-year high in July
The Census Bureau’s report on new residential construction stated that multifamily permits fell slightly in July. Multifamily starts added to last month’s gains while...
