Multifamily / Page 20

Selling in Today’s Market The current economic climate has made it difficult for commercial real estate agents to represent owners and sell their properties at a price that matches what buyers are willing to pay. While buyers are looking for bargains, many sellers still believe that their properties are worth what they were at the […]

Updated 6/5/2023 Senate Bill 466 The proposed Senate Bill 466 was a major concern for multifamily property owners throughout California. This bill, authored by Senator Aisha Wahab, D-Hayward, would have imposed strict rent control on single-family homes, newly constructed apartments, and condominiums. The hearing by the Senate Judiciary Committee took place on April 18, 2023, […]

Multifamily Rents Hold Steady Amid Volatile Markets Despite volatility and market uncertainty, the multifamily property market remains stable. Rents for both multifamily and single-family properties increased slightly in March, although the year-over-year growth rate continues to decelerate.   Rent Updates The multifamily rental market produced no positive rent growth gains during Q1 2023 for the […]

Atlanta Multifamily Market Spotlight Market Overview Atlanta, GA has asserted itself as one of the stronger markets in the nation, driven by outsized economic and demographic growth. Annual population growth of the metro within the last decade has more than doubled that of the national average (1.3% vs. 0.6% per annum). This is largely attributable […]

How is New York Performing? New York City’s commercial real estate climate is heavily reliant on in-office workers, tourism, and consumers returning to urban core environments. With the boost of the city’s $30 million “NYC Awakens” campaign to signal the city is open and ready for tourists after the pandemic, New York is on its […]

Top Articles From Q1 2023 Gain valuable insights to make informed investment decisions in commercial real estate by exploring the latest trends. We provide cutting-edge market research reports covering various property types and conditions across the United States. Stay updated with the latest market trends by browsing through our top articles of Q1 2023, which […]

Multifamily Investors Multifamily properties have long held a favored position in commercial real estate, thanks in large part to their ability to outperform in times of economic dislocation. However, the rapid rise in interest rates and a wide buyer-seller gap on pricing has derailed multifamily investment activity. At the end of 2022, multifamily investment fell 70%, […]

Austin, TX Multifamily Market Report Market Overview The Austin multifamily sector still leads the nation’s largest 50 markets in annual net absorption as a share of inventory, with about 6,300 units absorbed in the last 12 months. This trend can be attributed to the area’s growing labor force and high price tag of single-family homes. […]

Los Angeles, CA Multifamily Market Report Market Overview The L.A. apartment market is experiencing a cooling off in demand and increasing vacancy rates. The market remains one of the most expensive in the country, with a high concentration of cost burdened renters and an average rent of $2,190 per month. As a result of decreasing […]