Tag: Washington DC
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...
Housing starts end 2020 strong; Risks ahead
While housing starts ended the year on a strong note, rising lumber prices and increasing regulatory cost concerns could affect future production. Led by a solid,...
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...
Ginnie Mae closes 2020 with December MBS volume at record $81.7 billion
In December, Ginnie Mae mortgage-backed securities (MBS) issuance surged to above $81.7 billion, financing housing for more than 289,000 households. December was the sixth...
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...
Transwestern closes $136 million of multifamily assets in two December transactions
Transwestern Real Estate Services (TRS) announces its Mid-Atlantic Multifamily Group executed the sale of two multifamily communities in December totaling $138.7 million. Transwestern Executive...
The fight over rental control is not over
Voters in California rejected a measure on November 3, 2020, that would have overturned a hard-fought compromise over rent control in one of the...
Rent Payment Tracker: Payments down 7.8% from last month
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 75.4 percent of apartment households made a full or partial rent payment by December...
JLL sells Station on Silver multihousing property in Herndon
JLL Capital Markets announced that it closed the sale of the Station on Silver multihousing property in Herndon, Virginia. JLL worked on behalf of Woodfield...
HUD awards $54.7 million in grants to expand rental development for low-income persons with...
The U.S. Department of Housing and Urban Development today announced the award of over $54.7 million in capital advance and project rental assistance grants...
Suburban shift for home construction continues into third quarter
A trend of higher demand for housing in lower-density areas reported in the second quarter National Association of Home Builders (NAHB) Home Building Geography Index (HBGI)...
NMHC and One11 Advisors release apartment industry technology benchmarking report
In a first-of-its-kind multifamily sector survey specifically examining technology, the NMHC/One11 Advisors Apartment Industry Technology Benchmarking Report is designed to establish an industry-wide baseline...
Rent Payment Tracker: payments down from last month
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 80.4 percent of apartment households made a full or partial rent payment by November...
NMHC multifamily construction survey indicates persisting construction delays
More than half (57 percent) of multifamily developer respondents reported construction delays in the jurisdictions where they operate, according to the fifth edition of...
