Multifamily

Category: Multifamily

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Apartment complex for the Jacksonville multifamily market report

3Q24 | Multifamily Market Report | Jacksonville, FL

DATE November 22, 2024 / Author


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 […]

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Central Florida Multifamily Market Report with view of the skyline

3Q24 | Multifamily Market Report | Central Florida

DATE November 18, 2024 / Author


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 […]

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Denver skyline for the Denver multifamily market report

3Q24 | Multifamily Market Report | Denver, CO

DATE November 15, 2024 / Author


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 […]

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Houston Multifamily Market Report with image on city

3Q24 | Multifamily Market Report | Houston, TX

DATE November 14, 2024 / Author


Houston Multifamily Market Report Market Overview A strong surge in the demand for Houston multifamily properties was able to narrow the supply-demand mismatch, which was caused by last year’s multi-decade high of new supply. 19,000 units were absorbed over the last 12 months, a 10% increase from the 2015-2019 annual average, versus the 23,000 units […]

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New York skyline for Northern New Jersey Multifamily market report

3Q 24 | Multifamily Market Report | Northern New Jersey

DATE November 8, 2024 / Author


Northern New Jersey Multifamily Market Report Hudson County, NJ By the Numbers Vacancy Rate: 5.2% Rent Growth: 2.1% Sales Volume: $615M Transactions: 131 Q3 2024 | Past 12-Months | 6-Units and Greater | Source: CoStar Group

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North Florida Multifamily report with image of residential area

3Q24 | Multifamily Market Report | North Florida

DATE November 5, 2024 / Author


North Florida Multifamily Market Report   Jacksonville Market Overview Jacksonville’s job market has surged since 2020, growing by an impressive 9.9% since February of that year, one of the highest rates in the nation. This growth bodes well for apartment demand, and the types of jobs Jacksonville is attracting are also appealing to multifamily investors. […]

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Dave Harrington Panel

Multifamily Performance, CA Market Dynamics, & Investment Strategies

DATE October 25, 2024 / Author


Multifamily Experts Weigh in on California Market Dynamics and Investment Strategies In a lively discussion among multifamily industry leaders at the latest GlobeSt multifamily conference, a range of topics were covered—from the current state of the California market to emerging operational trends and investment preferences across the multifamily sector. Key Topics Proposition 33 and its […]

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Image of American Flag

Proposition 33: A look at it’s impact on California’s Housing Market

DATE October 24, 2024 / Author


Proposition 33: A Look at Its Impact on California’s Housing Market California’s housing crisis has reached unprecedented levels. With skyrocketing rents and a severe shortage of affordable housing, the state’s residents face increasingly tough choices. Renters in California typically pay about 50% more for housing than renters in other states. In some parts of the […]

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BTR

BTR & SFRs | The Rising Stars Of Rental Housing

DATE September 12, 2024 / Author


Built-To-Rent (BTR) & Single-Family-Rentals (SFR) The emergence of build-to-rent (BTR) and single-family rental (SFR) housing gained momentum primarily after the Great Financial Crisis. Significant players in the real estate market began acquiring predominately unoccupied single-family homes for rental purposes. This action brought stability to local housing markets, fostered economic growth, and generated several employment opportunities. […]

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