NEWS & PRESS

Apartment Communities Welcoming More High-Income Earners

Apartment Communities Welcoming More High-Income Earners

Apartment communities are seeing a boost in high income-earning resident applicants.

A growing number of wealthier new renters come from the millennial generation, who are driving the burgeoning lifestyle-renting market. At the same time, many would-be buyers are bowing out of the residential real estate market, trends are showing, according to RentCafe.

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West and South Lead US in Multifamily Investment Metrics

West and South Lead US in Multifamily Investment Metrics

Investors can’t take their eyes off of the Western and Southeast U.S. apartment markets.

Multifamily investment activity has roared back after “a couple of weak quarters” during the pandemic, said Richard Barkham, global chief economist and head of Americas research at CBRE said at the recent GlobeSt.com Multifamily conference.

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Apartment Rents Continue to Defy Gravity

Apartment Rents Continue to Defy Gravity

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.

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CGI+ sells Cane Island in Florida for $43.5MM

CGI+ sells Cane Island in Florida for $43.5MM

Given Orlando’s strong recovery story, along with NKF’s excellent marketing abilities, we were able to maximize value for our investors, outperforming our original 10-year exit projections by more than 30% in only four years

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More and More People are Renting

More and More People are Renting

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....

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Amazon’s 2nd HQ is a Catalyst for Multifamily Real Estate

Amazon’s 2nd HQ is a Catalyst for Multifamily Real Estate

Bloomberg, New York Times and other expert sources have calculated a guess as to which city will be named Amazon’s second headquarters. Current contenders include Washington D.C., Austin, TX, Boston, MA and Atlanta, GA. USA Today has stated that they expect another...

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