Multifamily / Page 14

New Resident Manager Laws in California To finish the year off, California apartment owners must be aware of the resident manager laws that have gone into effect during 2023. With an increase in the minimum wage, stricter contracts, rent credit limits, and more, it is essential for owners to follow the implemented guidelines to ensure […]

Huntington Beach Multifamily Market Report Market Overview Huntington Beach is a city in Southern California, southeast of Los Angeles. Vacancy in the multifamily submarket is 3.8%, up 1.0% in the last year. There have been 150 units of negative absorption and no net deliveries during this period. Space-graded Class C is the most prevalent subtype, […]

The Manufactured Housing Industry In the ever-evolving commercial real estate landscape, one sector has quietly but significantly risen to prominence over the past decade: the manufactured housing industry. What’s the secret behind this surge in popularity? The answer lies in the dependable and consistent revenue stream manufactured housing communities generate. As a result of this, […]

West Hollywood/Hollywood Multifamily Market Report West Hollywood Market Overview West Hollywood’s submarket vacancy remains at a low of 4.4%, which is one of the lowest levels observed in decades. The area has some of the highest median home prices in the metro, leading to a high percentage of renters occupying nearly 70% of the housing […]

An Update on Renter Protections In a bid to bolster the rights and security of renters, the Biden Administration has put forth a series of proposed measures to provide vital renter protections. These initiatives aim to enhance fairness in the rental market and create a more equitable housing landscape for all stakeholders involved. Recent developments through […]

Multifamily Investment Guide In Q2 2023, the multifamily housing market continued the trend of supply exceeding demand for the seventh consecutive quarter. Although there was a rebound in net absorption with 42,000 units absorbed, the delivery of 109,000 new units led to a slowdown in national rent growth from 3.8 percent to 1.7 percent. Rent […]

July 2023 Denver Multifamily Market Report Denver, CO 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. Despite the recent data, concerns about the impending recession […]

Interview with David Ferber: Pursuing a Successful Career in Commercial Real Estate #1 – What led you to pursue a career in commercial real estate, and how did you get started in multifamily investment sales? I was initially working in real estate tax at a Big 4 accounting firm, but I realized that I wanted […]

South Bay Multifamily Market Report Market Overview The South Bay-Beach Cities market presents a diverse multifamily real estate landscape. While renter demand has faced challenges in recent quarters, there have been modest gains in rental rates over the past year. However, vacancy rates have gradually increased and are expected to continue this upward trajectory for […]