Tag: Blog
Jobs coming back – slowly
Two recent reports from the Bureau of Labor Statistics (BLS) describe the current labor situation. They are the Employment Situation Report for October and...
No rent growth in October
A pair of reports, one from Yardi Matrix and one from Apartment List, track changes in rents charged across the country. One report shows...
California voters reject rent control – again
Prop 21, the rent control measure put before California’s voters in the recent election, went down to defeat. While results are still preliminary at...
Multifamily property values continue to rise
Recent reports from CoStar and from Real Capital Analytics (RCA) show that multifamily property values continue to rise in September despite the pandemic. Defining the...
Multifamily mortgage market stabilizing
A pair of reports, one from the Mortgage Banker’s Association (MBA) and one from Trepp, indicate that the multifamily mortgage market is beginning to...
Assessing the state of the CRE market
DLA Piper, a global business law firm, recently released its annual State of the Market Survey, assessing the commercial property market. The survey was...
ULI talks housing
The Urban Land Institute (ULI) recently held their Virtual Fall Meeting. One of the many sessions presented there discussed the state of, and the...
No rent growth in September
Yardi Matrix released its September 2020 report on the multifamily rental housing market. The report shows a wide variation in rent growth results for...
A mixed report for multifamily housing construction
The Census Bureau released its monthly new residential construction report for September 2020. It shows weakness for permits and starts but a surge in...
Lumber price surge drives construction material prices higher
The Bureau of Labor Statistics (BLS) released its producer price index report for September 2020. It showed that the BLS price index of materials...
Slow jobs recovery continues in August
The Bureau of Labor Statistics (BLS) recently released its Job Openings and Labor Turnover (JOLT) report for August. It shows slightly stronger jobs growth...
GSEs increase share of multifamily mortgage debt in Q2
A Mortgage Bankers Association (MBA) report on commercial and multifamily mortgage debt outstanding shows that lending for mortgages on multifamily properties continued in Q2...
Update on student housing
RealPage recently presented their student housing fall market update. It reported that rent growth and occupancy numbers are below what has been seen in...
Multifamily property values continue to rise in August
A pair of recent reports, one from CoStar and another from Real Capital Analytics (RCA), show that multifamily property continues to see price increases...
Voters evenly split on Prop 21
Results of a Berkeley IGS Poll indicate that likely voters are evenly divided on Prop 21, the rent control initiative which is on the...