Apartments / Page 21

CLICK HERE TO DOWNLOAD THE REPORT    Almost overnight, the pandemic catapulted the multifamily industry into uncharted waters. Multifamily has been forced to embrace technologies, virtual tours, and remote leasing while closely monitoring rent collections and vacancies. The full impact of COVID-19 is still uncertain, as the industry battles increasing vacancies and declining rents, which […]

CLICK HERE TO DOWNLOAD THE ARTICLE A Look at Austin’s Growing Economy With 120 to 150 people moving to Austin per day, it comes as no surprise that Austin has experienced over 25 percent growth in population since 2010 and is projected to reach 3.2 million in the next ten years. Austin’s booming tech industry, […]

Click Here to Access Full Report Santa Barbara & Ventura County Multifamily With one of the lowest vacancy rates in the nation, Santa Barbara has above average earners helping support high rents. Rents were expanding in the years leading up to the pandemic, with 2018 rents growing 4.8 percent and 3.8 percent in 2019. In […]

CLICK HERE TO EXPLORE THE RESULTS Investors Show Improved Confidence for CRE Recovery in 2021 Investors predict that the commercial real estate industry will noticeably begin to recover from the COVID-19 pandemic in 2021. Retailers will adjust to new norms, office will alter space needs based on teleworking trends, centrally located industrial distribution space will increased […]

As 2020 comes to a conclusion and the recent vaccine announcement sparks optimism in the market, renters are still falling behind on apartment rent payments. According to Rentec Direct, a rent collection data analyzer, rent collections were down as of December 10th by 24 percent, compared to March 2020. Despite the decrease, rent payments are […]

This month, Matthews™ interviewed Associate Vice President and Director, Michael Moreno for his insight on what’s currently happening in the market. In this interview, Michael shares his two cents on the impact COVID-19 has had on the CRE market, ranking five asset classes from most to least affected. He also dives into the long-term effect […]

Phoenix Market Spotlight Population growth, a diversifying economy, relative affordability, and a business-friendly environment have strengthened the Phoenix value proposition and made the metro a top market for net migration. These characteristics have attracted new residents and businesses to the region, allowing Phoenix to be one of the country’s most dynamic markets. According to the […]

Multifamily Trends & Activity in Austin, TX Texas has one of the lowest tax burdens in the nation, which has caused many to migrate to the state. In 2019, the Austin metropolitan area added 37,800 new jobs, a growth rate of 3.5 percent, according to the Austin Chamber of Commerce. This makes Austin the second […]

Multifamily Trends in Los Angeles Markets Following the outbreak of the novel coronavirus, supply constraints continue to be the defining trait in the Los Angeles multifamily market. In 2019, Los Angeles achieved $11 billion in multifamily trades, and Q1 2020 held $2 billion. Even as one of the highest renter-to-owner ratios in the United States, […]