Multifamily / Page 23

Charging Rent for Multifamily Property Deciding on what rent to charge for a multifamily property is vital to an owner’s overall success in the market. The chosen rent will determine the type of tenants attracted to the property and if the owner will ultimately make a profit. So, read more to ensure you are pricing […]

Los Angeles Market Overview Vacancies in Los Angeles have been declining since peaking at the end of 2020 and are currently at 3.9 percent. Looking ahead, vacancy is anticipated to rise moderately through 2023 and 2024, as demand will remain modest and is not expected to offset continued supply additions. The most recent transaction activity […]

Multifamily Rent Decline According to the most recent Yardi Matrix National Multifamily Report, the expected slowdown in the U.S. multifamily market began following a year of unprecedented performance in November 2022. The average asking rent decreased in November to $1,719, and year-over-year growth fell to seven percent, the lowest level in 17 months. Rent growth […]

Akron and Canton Market Overview Akron’s apartment demand has remained resilient. Due to strong demand and limited supply, vacancies fell to their lowest level since 2017, averaging 3.9 percent. Renter preferences have shifted since the pandemic; space and affordability are now the priority over location and access to downtown amenities. Supply is also a factor […]

Market Report | Capital Market Updates Sector Highlight: Multifamily Investment capital once again poured into the multifamily sector in Q3/Q4 as multifamily transaction activity topped the four major real estate sectors. Investors still see rent growth remaining above the long-term average despite the moderation in rents experienced so far in 2022. Furthermore, sales activity in […]

Multifamily Market Overview Los Angeles, CA Since the beginning of 2021, the Los Angeles market has improved immensely. Apartment demand remains strong, indicated by downward trending vacancies. Since peaking at the end of 2021, the vacancy rate sits at 3.6 percent, the lowest level in decades. Asking rents peaked in August 2022 and have declined, following […]

Top CRE Research & Insights Matthews Real Estate Investment Services™ delivers cutting-edge research and insights and covers a multitude of property types and markets across the U.S. to provide investors with important updates. Browse the top 10 articles of Q4 2022 below for evolving market conditions and to help you make better and informed investment […]

Capital Markets Overview The continued interest rates increase by the Federal Reserve will make debt and equity much more expensive in the coming quarters and continue to put a damper on transactions. CRE debt origination activity has declined sharply since May 2022, opportunistic refinancing disappeared, and acquisition financing decelerated. Investor allocations are heavily tilted towards […]

Multifamily Market Report Glendale, CA Market Overview Glendale, CA has been one of Los Angeles’s most popular locations for new multifamily development over the past decade. The submarket recovered quickly from the pandemic, returning to pre-pandemic rent levels in Q2 2022, recording at 4.7 percent year-over-year rent growth. Glendale saw annual sales at $310,000,000 million […]