Top stories and aggregated facts on Multifamily Real Estate, curated for Investors and Business Partners.
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...
We are nearly a year into the pandemic and resulting economic downturn. It has obviously presented unprecedented challenges for both the multifamily industry and America’s renters. How has the industry met those challenges? “Some segments of our industry are dealing...
Coming into 2021, multifamily supply was running at cycle highs. The pandemic, however, pushed back the timetable for deliveries and reduced the number of starts – which could potentially produce a supply shortage in a few years. One key to the multifamily sector’s...
The Global Financial Crisis created a nation with many more renters. In the years after the Great Recession, many Americans chose to rent. In 2010, 99.4 million people were renters, according to RENTCafé. By 2019, that number passed 100 million to hit 108.5 million....
Freddie Mac in its Multifamily 2021 Outlook reports that after a difficult 2020 that impacted the macroeconomy and the housing market, multifamily market conditions are expected to improve this year. With vaccines now going into the arms of Americans and with...
While several commercial property sectors have struggled throughout the pandemic, apartments have remained strong. Case in point: In February, almost a year after the pandemic locked down the economy, nearly 80% of renters were still making full or partial rent...
In Vol. 30 No. 1 of the Crittenden Multifamily Report, Andre Soroudi, Director of Acquisitions/Development of CGI+ gives his general predictions for the multifamily market in 2021 and the biggest changes to the market due to COVID-19. Regarding predictions for the...
British Vogue's In the Bag series filmed their most recent interview with Hailee Steinfeld at the luxurious Villa Carlotta. You can watch the full video here
While the pandemic has slammed many commercial real estate sectors, multifamily has continued to perform, despite questions about eviction moratoriums and rent collections. As of December 20, The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker,...
Paul Fiorilla, Director of Research Yardi Matrix Multifamily transaction activity declined sharply in 2020 amid Covid-19, but investor demand remains strong and a sharp rebound in deal flow is expected in 2021, according to a recent paper by Yardi Matrix. Just over...