Multifamily / Page 26

Multifamily Market Overview Lexington, KY The apartment market in Lexington is performing at a steady pace, with above-average net absorption and limited deliveries keeping vacancies well below the long-term average. In 2021, the market saw negative demand but is improving with a modest development pipeline to keep vacancy in check in the coming quarters. Lexington’s […]

Multifamily Market Overview Louisville, KY Increased demand paired with strong rent growth has attracted investor attention in Louisville. As a result of such strong demand, vacancy has fallen to a historic low of 5.5 percent, raising rent prices across the metro. The inventory for sale also remains low, pushing home prices to all-time highs and […]

High development costs, limited land availability, and increasing demand for multifamily units have led to increased rents and altered renter preferences. As consumers search for more accessible housing in major metros and cities look to address the affordable housing crisis, a new trend has emerged —micro-unit apartments. These tiny living quarters are getting the attention […]

Multifamily Market Overview Pasadena, CA Pasadena has seen strong tenant demand in recent quarters. Sales activity has been strong because of three major acquisitions made by the California Statewide Communities Development Authority (CSCDA) and Waterford Property Company in order to convert communities into middle-income housing. Pasadena houses multiple research institutions and tech incubators, including the […]

Los Angeles Multifamily Market Report The Los Angeles multifamily market has improved greatly since the pandemic. Vacancies are trending down, rent is on a robust trajectory, and demand is strong. Gains are recognizable in almost all the Los Angeles metropolitan areas, and despite the rapid inflation, the economy possesses many positive attributes. It has yet […]

Top Articles of 2022 Explore the latest trends and popular insights within CRE to make informed investment decisions. We deliver cutting-edge market research reports and cover a multitude of property types and conditions across the U.S. to provide investors with important updates. Browse the top 10 articles of Q3 2022 below for specific market research […]

Huntington Beach Market Overview Huntington Beach’s vacancy rate has remained relatively stable over the past year, averaging 2.0 percent. Developers were active in the area several years ago, however, in recent years, nothing has been delivered to the submarket. This has caused the supply to remain minimal since no current submarket developments are underway. Rents […]

Multifamily Investments and Renter Trends The COVID-19 pandemic had detrimental impacts on apartment rents nationwide as renters went into forbearance. Rent payments have now returned to normal, with rent growth across the country exceeding historical trends. Over half of all U.S. apartment households were paying over 30 percent of their income on rent along in […]

Student Loan Forgiveness & CRE President Biden announced a student loan forgiveness plan on August 24 that would eliminate up to $10,000 of federal debt for most borrowers and up to $20,000 for Pell Grant recipients. With this plan, about 45 percent of borrowers, or almost 20 million people, would have their student loan debt […]