Multifamily / Page 17

Memphis, TN Multifamily Market Report Market Overview The rental housing market in Memphis, TN, is currently experiencing a significantly higher vacancy rate compared to the national average of 6.7%. However, despite the number of unoccupied apartments, the multifamily development sector has been thriving in recent quarters and is expected to continue growing. This is partly […]

Capital Markets | Multifamily Market Report Market Overview The Effective Federal Funds Rate currently stands at 5.08 percent as of June 12, 2023. This comes after 10 consecutive rate hikes, beginning in March 2022 and the most recent on May 3, 2023, up by 25 basis points. As a result of these hikes, lending has […]

Empowering the Housing Market The Federal Housing Administration (FHA) has recently announced a significant change that is set to have a positive impact on the multifamily housing industry. According to a press release by the FHA, the agency has raised the threshold for large multifamily loans from $75 million to $120 million, marking the first […]

Los Angeles, CA Multifamily Market Report Market Overview Los Angeles has a diverse and vast economy, with significant contributions from the entertainment, tourism, international trade, fashion, and aerospace industries. However, the market experienced softer conditions in Q2 2023. The demand for apartments has been modest, resulting in low net absorption and an increase in vacancy […]

Fort Lauderdale, FL Multifamily Market Report Market Overview A record-breaking number of new apartments was built in 2022 in Fort Lauderdale, with 70 percent of starts set to be delivered in 2023. Most of these new apartments set to deliver throughout 2023 will target higher-income residents and those who cannot afford to buy single-family homes. […]

June 2023 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 Q1 2023 and consistent monthly rent gains since January 2023. Despite the recent data, concerns about the impending recession are […]

The Rising Popularity of Mixed-Use Development Mixed-use development has gained popularity as a transformative approach to urban planning and design. By combining residential, commercial, and often cultural or recreational elements within a single development, mixed-use projects create dynamic, livable, and sustainable urban spaces. The integration of functions aims to enhance the live-work-play experience, offering residents […]

Recent Developments and Initiatives 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 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 the […]

Tampa Capital Markets Report How is Tampa Performing? Tampa’s commercial real estate market is thriving. The market has experienced steady growth in recent years, with increasing demand for office, industrial, and retail spaces. The city’s diverse economy, favorable business environment, and growing population were seen as key factors driving the market’s strength. Investors are attracted […]