Top stories and aggregated facts on Multifamily Real Estate, curated for Investors and Business Partners.
Globe St. released their list of Best Bosses for 2021. Included in the list is CGI+ Founder and CEO, Gidi Cohen. They said, "Gidi Cohen has built a reputation as an innovator in residential development. Responding to millennial demand, he creates luxury, fully...
How have renter preferences changed since the start of the pandemic and what type of amenities should landlords provide to attract and retain tenants? Jeff Adler, Yardi matrix The biggest changes in renter preferences since the pandemic hit revolve around the dramatic...
As investors look harder for yield, they’re getting more aggressive. A record number 30 percent of commercial real estate investors are seeking opportunistic and distressed assets in 2021, according to CBRE’s Americas Investor Intentions Survey 2021. In 2020, only 16%...
by Paul Fiorilla, Yardi matrix First-quarter U.S. multifamily rent growth was surprisingly robust, with a sudden resurgence in luxury properties and in high-cost coastal markets, a sign that demand is on the rebound. The strong early-year performance comes amid...
Globe St. recently released their list of Best Places to Work for 2021, and we are honored to be included. They said, "Founder of the development and investment management company, CGI Real Estate Investment Strategies, Gidi Cohen cultivates the entrepreneurial spirit...
As we begin to emerge from the Pandemic, what if anything over the past 12 months has surprised you as it relates to how the real estate markets have performed/responded? "Like everyone, the Covid-19 pandemic caught us by surprise. At the onset we were quite...
Last year was a challenging year for everyone. But it was genuinely volatile for apartment developers. Nationwide shutdowns in the Spring brought some apartment projects to a halt. Then lumber prices skyrocketed. Over five months in 2020, the Producer Price Index...
Demand for multifamily took a hit in the early stages of the COVID-19 pandemic but – thanks to a strong bounce back in the second half of 2020 — absorption for the full year was robust overall. All told, 252,000 apartment units, or 1.7% of total stock, were absorbed...
Before the pandemic, some apartment residents were coming around to short-term rentals. Younger renters surveyed in the report were much more open to having short-term rentals in their apartment community, according to the 2020 Apartment Resident Preferences Report...
Unlike other sectors, apartments have weathered the pandemic reasonably well. Now, rents sit just 0.1% lower than where they were last June, according to Apartment List. In fact, after COVID-19’s initial shock to the market last Spring, national rent growth followed...