Apartments / Page 9

Koreatown Market Overview Multifamily Koreatown has been a hotspot for apartment developers during the past several years, as the neighborhood has witnessed an ongoing evolution into a dense, dynamic neighborhood in the center of Los Angeles. It is one of the five largest apartment submarkets composed of Koreatown at the northern end, and Arlington Heights […]

Los Angeles Apartment Investors The year 2022 has proven sobering for apartment investors. After more than a decade of cheap debt, the party has finally come to an end. This year, the Federal Open Market Committee has increased interest rates five times. By September, the prime rate reached a range of 3% to 3.25%, the highest […]

Miami Market Overview Multifamily Report Apartment rents in the Miami market rose at a 9.8 percent annual rate in the fourth quarter of 2022 after increasing by 7.8 percent over the previous three years. There are currently 23,000 units under construction, representing the largest pipeline in over three years. Additionally, 21,000 units have been delivered […]

Top Markets for Short Term Rentals Short-term rentals (STR), also known as vacation rentals or rental housing, are generally furnished lodgings rented for brief periods. They are valued at $1.8 trillion and are one of the fastest-growing commercial real estate sectors. Because of the prices, furnishings, and space, these rentals may be more appealing than […]

How L.A. Mixed-Use Developments Can Make Room For Retail     For Los Angeles, a city known for being spread out, there is no way to go but up. Throughout the past decade, many LA neighborhoods have grown vertically as more people move into multifamily buildings within a short walk of everything they need and want. As a […]

Multifamily Market Overview Bowling Green, KY The multifamily market in Bowling Green, KY, has seen rent prices rise by eight percent throughout the third quarter of 2022, averaging six percent over the past three years. In addition to the 940 units delivered in the past three years, there are currently 300 units in the pipeline […]

Multifamily Market Overview Lexington, KY The apartment market in Lexington is performing at a steady pace, with above-average net absorption and limited deliveries keeping vacancies well below the long-term average. In 2021, the market saw negative demand but is improving with a modest development pipeline to keep vacancy in check in the coming quarters. Lexington’s […]

Multifamily Market Overview Louisville, KY Increased demand paired with strong rent growth has attracted investor attention in Louisville. As a result of such strong demand, vacancy has fallen to a historic low of 5.5 percent, raising rent prices across the metro. The inventory for sale also remains low, pushing home prices to all-time highs and […]

High development costs, limited land availability, and increasing demand for multifamily units have led to increased rents and altered renter preferences. As consumers search for more accessible housing in major metros and cities look to address the affordable housing crisis, a new trend has emerged —micro-unit apartments. These tiny living quarters are getting the attention […]