Top stories and aggregated facts on Multifamily Real Estate, curated for Investors and Business Partners.
The fourth quarter typically is a month for apartment rents to fall, or at least cool a bit. Not this year. The multifamily housing industry continues to defy trends, and also continues to march higher, according to recent data from RealPage.
Both multifamily building permits and starts were up in October, following a trend of upward momentum seen since the end of the Great Recession, RealPage reported.
Despite heightened out-migration, the Southern California apartment market should continue to see strong rent growth over the next year due to the strong economy boosted by increasing spending on consumer goods, according to a newly released report by the USC Lusk Center for Real Estate.
CGI+ Real Estate Investment Strategies has closed on the acquisition of a 275-unit multifamily community in the Orlando, FL submarket of Oviedo for $68.95 million.
To further Leverage.com’s mission of democratizing knowledge about commercial real estate, we started an interview series with all kinds of CREF pros: everyone from multifamily and medical to cannabis and construction. This time we connected with Gidi Cohen, Founder and CEO of CGI+, a boutique real estate investment and strategy firm that provides personalized high-quality service and performing assets.
The asset class is delivering a bond-like return, according to two institutional owners at the GlobeSt.com Multifamily conference last month.
U.S. occupancy for market-rate apartments is at an all-time high of 97.3%, according to RealPage, Inc. data for September.
Multifamily investors are bullish on long-term rent growth for the next 18 to 24 months, according to experts at the GlobeSt.com Multifamily conference.
Nine months into 2021, multifamily has already established a new high in annual absorption, surprisingly led by large coastal metros, according to Yardi Matrix data.
Diana Keim is the VP of Annual Philanthropy at City of Hope, a world-renowned cancer and diabetes research and treatment organization in Duarte, CA.