Multifamily / Page 13

Boston Rent Control In 1994, Massachusetts enacted a statewide ban on rent stabilization in all municipalities. Now, facing the permeating issue of affordable housing, Boston voters will be asked if they would like to lift the ban and stabilize rent increases.   In March 2023, the Boston City Council approved Mayor Michelle Wu’s rent control […]

Sarasota Multifamily Market Report Market Overview Sarasota, FL, is a picturesque city on the state’s southwestern coast and a popular destination for tourists and residents. As of Q3 2023, the key factors in the multifamily sector have weakened, marked by an increase in vacancy rates, decreased demand from renters, and declining rental rates. These changing […]

Sun Valley Multifamily Market Report Market Overview Sun Valley is a neighborhood located in the San Fernando Valley region of Los Angeles, California. It is situated in the northeastern part of the city and is known for its diverse population, suburban feel, and proximity to various attractions and amenities.   Highlights The market cap rate […]

Palm Beach, FL Multifamily Market Report Market Overview The Palm Beach multifamily market has witnessed robust demand, with annual apartment absorption at approximately 3.0%. However, this growth has decelerated from the peak of around 8.2% in Q3 2021 due to factors such as affordability concerns and slower population growth. The average median income in Palm […]

Fall 2023 CRE Outlook It is no secret that 2023 has been a slow and challenging year in commercial real estate. With unrelenting Fed rate hikes, bank failures, and a slowdown in leasing velocity, there are rising concerns about where CRE is headed for the remainder of the year. Whether you’re a seasoned investor, a […]

Denver, CO August Multifamily Market Report Market Overview Denver’s multifamily market is experiencing a period of instability; however, there are signs of positive momentum in 2023, as evidenced by an increase in absorption during Q2 2023 and consistent monthly rent gains since January 2023. Concerns about the impending recession and a decline in domestic migration […]

New Tennessee Titans Stadium | Impact on CRE The Metropolitan Nashville Council has granted the Tennessee Titans the last green light to proceed with their intentions of constructing a new, covered stadium on Nashville’s East Bank. In late April 2023, the Metro Nashville Council endorsed the proposal with a 26-12 vote. The Metro Nashville Sports […]

Austin, TX Multifamily Market Report Market Overview The Austin multifamily market is experiencing a rebound in demand compared to Q4 2022; however, this is being overshadowed by an increase in new completions throughout the market. Over 18,000 units are expected to be delivered by the end of Q4 2023, the highest anticipated in the market’s […]

Investor Predictions | Providing Clarity in Uncertainty Matthews™ measured investor insight and their predictions for the remainder of the year. 61% of investors are somewhat concerned that a recession will ultimately affect the CRE market. Despite this, investors are increasingly looking for cash flow opportunities. Read on to see more investor predictions for the remainder […]