Multifamily

Cleveland Multifamily Market Report Cleveland Key Findings With a rent growth of 2.8%, Cleveland ranks among the top 10 markets for rent growth nationwide. High demand is concentrated on upper-tier units, with 1,000 units absorbed during Q2 and Q3 2024. Downtown Cleveland leads in new construction, accounting for 35% of the market’s recent supply. By […]

State of the Market | Hudson County, New Jersey Trends, Challenges, and Opportunities | 2022-2024 The multifamily real estate market in Hudson County, New Jersey, has faced a dynamic landscape over the past three years. From fluctuating interest rates to evolving investor sentiment, here’s a comprehensive overview of the market’s performance from 2022 to 2024 […]

How Complete Communities Will Solve San Diego’s Housing Crisis San Diego is at a crossroad, facing a pressing housing crisis and a shortage of 80,000 units. Enter Complete Communities—an ambitious urban planning initiative designed to reshape the city’s community landscape. Since its inception in 2020, San Diego’s “Complete Communities” initiative has undergone two modifications to […]

NYC Multifamily Pricing Tied to Debt Costs New York City’s multifamily market has been derailed by the high interest rate environment. In 2024, transaction volumes were down nearly 40% as investors navigated market challenges. Experts DJ Johnston, EVP at Matthews Real Estate Investment Services, and Andrew Marcus, first VP at Matthews Real Estate Investment Services, […]

Multifamily REIT Earnings Recap: Q3 2024 After Q3 earnings reports for 2024, multifamily apartment-focused REITs generally saw a positive market sentiment, though there were some nuances depending on the specific geographic focus, rent growth trends, and management strategies. The following is a summary of the key factors influencing the leaders of the multifamily REIT industry: […]

Austin Multifamily Market Report Market Overview Austin remains one of the fastest-growing metro areas in the country. That being said, growth in the city is beginning to cool in 2024. The city still benefits from favorable tax policies and  steady influx of new workers from the University of Texas at Austin. In 2021 and 2022, […]

Jacksonville Multifamily Market Report Jacksonville Key Findings Past 12 Months | Source: CoStar Group 2Q24 marked the strongest quarter for absorption in Jacksonville within the last 10 years as around 2,500 units absorbed. Rent growth has declined during 2024, and should recover in the 2% to 4% range during 2025. Downtown Jacksonville has experienced the […]

Central Florida Multifamily Market Report Tampa Market Overview Tampa’s multifamily market is on the cusp of a historic number of construction completions. Around 10,500 units were completed over the first nine months of the year, surpassing the 8,200 units record set in 2022. The areas with the most significant amount of new construction, Pasco County […]

Denver Multifamily Market Report Market Overview Denver’s economy benefits from a diversified and highly educated workforce, making it one of the most expensive non-coastal cities in the U.S. The presence of aerospace and technology employers contributes to higher incomes, with the median household earning nearly $25,000 more per year than the national average. The metro […]