Multifamily / Page 25

California’s Affordable Housing Crisis: What This Means for Multifamily It is not surprising that California is experiencing an affordable housing crisis – from a shortage of suitable low-income homes to an excess of low-income renters and limited land to build, California faces its fair share of challenges. However, the state is well versed in this […]

Ballot Measure Outcomes California ballots in this year’s election included various propositions, measures, and proposed rules and regulations that touch upon commercial real estate.   Los Angeles Mansion Tax Approved The most high-profile of the city’s ballot measures, United to House L.A., also known as the “Mansion Tax” passed by a healthy margin. Now approved, […]

Feeling the Heat: Phoenix CRE Report Known as the Valley of the Sun, Phoenix, AZ, is one of commercial real estate’s hottest markets. With a current population of over 4.7 million, a 1.4 percent increase from 2022, the Phoenix metro is packed with abundant job growth, consumer spending, and investment opportunities. Phoenix is the largest […]

Impact of Measure ULA (Mansion Tax) Passing The most high-profile of the city’s ballot measures, United to House L.A., also known as the “Mansion Tax” passed by a healthy margin. Its aim is to fund affordable housing programs for tenants at risk of homelessness and slap a tax on high-priced real estate sales (4% to […]

Broward County Market Overview Broward County’s apartment rents were steadily inclining at a 9.8 percent annual rate during the third quarter of 2022 and have posted an average yearly gain of 8.9 percent over the last three years. The county is in the middle of 12,000 units currently underway, representing the largest under-construction pipeline in […]

Q&A | Making Sense of the Multifamily Market As national pressures mount on the economy, the current state of the multifamily market is one of long-term appreciation and opportunistic opportunities. With inflation soaring and interest rates up, questions about the vacancy and rental rates are being raised. In this Q&A, Matthews Real Estate Investment Services™ […]

Why Invest in Multifamily During Inflationary Periods   Inflation has become a near-constant topic of conversation. Surging gas, food, and rent prices catapulted U.S. inflation to a four-decade high in 2022. Inflation reached a record-breaking 9.1 percent in June, before dropping to 8.3 percent in August. This pressured households and sealed another hefty interest rate […]

Koreatown Market Overview Multifamily Koreatown has been a hotspot for apartment developers during the past several years, as the neighborhood has witnessed an ongoing evolution into a dense, dynamic neighborhood in the center of Los Angeles. It is one of the five largest apartment submarkets composed of Koreatown at the northern end, and Arlington Heights […]

Colorado’s MHPA Legislative Timeline- Good or Bad for Landlords? Colorado’s mobile and manufactured housing market is the state’s largest source of unsubsidized affordable housing, accounting for nearly 900 parks and communities statewide. Although these homes offer cost-effective alternatives to rising mortgage costs and interest rates, tenants have historically been subject to the rates and regulations […]