Tag: COVID-19
U.S. residents owe $70 billion in back rent
Apartment investments are still an attractive bet, but income pressures are mounting on some properties. Renters have racked up a stunning $70 billion in unpaid...
The call of the great outdoors
The impact of COVID on the multifamily sector may not have been as severe as its effect on the retail or office asset classes,...
In service
When the COVID pandemic hit the U.S., multifamily owners and leadership had to respond rapidly and adjust accordingly in order to protect the health...
FHFA extends forbearance
The coronavirus pandemic has hit a lot of homeowners hard. Over the past 10 months, millions of Americans have struggled with income loss and...
Critical thought: Student housing in a pandemic
College enrollment generally skyrockets in diametric opposition to tumbling GDP, meaning student housing is, in theory, a recession-proof asset class. There have been different...
Rents show signs of stabilizing in January
The latest rent reports from Yardi Matrix and Apartment List show positive rent growth for the country as-a-whole in January. Rents rise in January Yardi Matrix...
NAHB identifies top features and design trends for 2021 in the wake of COVID-19
After declining for four years, a number of key trends-including the average size of the home and the number of bedrooms and bathrooms-reversed course in 2020...
Housing an economic bright spot but regulatory, affordability challenges persist
As the country continues to rebound from the impact of the COVID-19 pandemic, housing has been a bright spot in the economic recovery. And while the...
January apartment market conditions show mixed results
Apartment market conditions showed mixed results in the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for January 2021, as the industry...
HUD nominee Marcia Fudge to push for rental assistance, affordable housing amid coronavirus crisis
If confirmed as secretary of housing and urban development, Rep. Marcia L. Fudge (D-Ohio) will confront the immediate challenge of keeping millions of Americans...
Remodeling industry confidence is strong despite COVID-19
The National Association of Home Builders (NAHB) released its Remodeling Market Index (RMI) for the fourth quarter of 2020, posting a reading of 79. The finding...
MF industry associations respond to President Biden’s extension of the Eviction Moratorium
The National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) appreciate President Biden’s prompt and well-intended action to address the ongoing financial...
Builder confidence down on rising material prices, upsurge in COVID-19 cases
Rising material costs led by a huge upsurge in lumber prices along with a resurgence of the coronavirus across much of the nation pushed builder confidence...
Rent Payment Tracker: payments up slightly from last month
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 76.6 percent of apartment households made a full or partial rent payment by January...
Freddie Mac Multifamily to extend COVID-19 forbearance program
Freddie Mac has extended to March 31, 2021 the deadline for requesting a new or supplemental COVID-19 forbearance agreement for its Multifamily loans. The program...