Multifamily / Page 27

Multifamily Market Overview Cleveland, OH Cleveland saw new record demand in 2021, supported by limited deliveries and unit availability. Pent-up demand from the recovering COVID-19 environment has fed positive net absorption in the last year. Downtown Cleveland receives a significant share of demand, recording a steep drop in vacancy as offices and businesses open up […]

Multifamily Market Overview Santa Monica, CA Santa Monica’s economic state is improving at a rapid pace from the onset of the pandemic and is seeing high numbers of investors and developers planting capital in the beachy neighborhood. Vacancy rates have seen a slight decline but remain prominent in the submarket due to high construction costs, […]

Multifamily Market Overview Orange County, CA As of Q2 2022, Orange County’s rent growth of 8.7 percent year-over-year remains among the highest in California. Vacancy is trending near its historic low at 2.5 percent as residents seek out affordable living options that are increasingly hard to come by. Demand has moderated notably, and is most […]

Multifamily Market Overview San Fernando Valley Over the past three years, the North San Fernando Valley (SFV) submarkets have seen consistent growth in investor activity. The estimated price of all properties in the Greater Northern Los Angeles area has risen dramatically since, while vacancy rates have dropped over the past four quarters. The North Hills/Panorama […]

How to Add Value to Your Multifamily Property Multifamily apartment complexes are red-hot in commercial real estate. Obtaining a multifamily asset is a great way to build an investor’s portfolio, generate cash flow, forge partnerships, and allocate capital long-term. An important aspect of running a lucrative property is finding ways to add value. Maximizing a […]

The Matthews™ Podcast |  Episode #7 Multifamily Dive: Market Shifts, Finding Opportunity in Uncertainty, and Multifamily Outlook In this episode of the Matthews™ podcast, your host Matthew Wallace is joined by Taylor Avakian, a premier client advisor in the Multifamily sector, and Greg Kavoklis, a capital markets expert. They explore the current multifamily market by analyzing the […]

Multifamily Market Overview Orlando, FL Orlando is experiencing one of the strongest multifamily markets in the U.S., with high rent growth, a booming development pipeline, and a growing population. As new residents continue to be priced out of the housing market, rents are rising throughout the market, with new builds catching top dollar. This historical […]

What Is Manufactured Housing? Manufactured housing (MH) can also be referred to as “modular homes” or homes separated into sections that are generally constructed in an off-site factory before being moved to where the property will be set. It is important to note that manufactured housing is personal property, not real property. This means that […]

Sky-Rocketing Rent Growth With rising mortgage-interest rates and more people opting to live alone, would-be homebuyers are forced to keep renting and increased interest rates are taking effect on property values. With high pressures on demand and ongoing affordability issues, rent growth will likely remain high.   The median monthly asking rent in the U.S. […]