Multifamily / Page 30

Market Overview Chicago has a population of nearly three million residents, home to eight major league sports teams, over 7,300 restaurants, and a large commuter base (the second-highest percentage of commuters that ride their bikes to work). There is plenty to do in Chicago, holding 600 parks, 29 beaches, and plentiful art and culture appreciation […]

Atlanta Multifamily Market Report Q2 2022 Report The Atlanta metro ranks as one of the top markets in the nation, as values are rising double the national average pace causing investors to pour capital into the multifamily sector. Its strong demographic trends, paired with the year-over-year rent growth at 11.9 percent, makes Atlanta a commercial […]

  Introducing Short-Term Rentals Short-term rentals are one of the fastest-growing commercial real estate sectors, valued at $1.8 trillion. As investors look for more stable and secure assets after the global pandemic, short-term rentals offer significant upsides. This is particularly true in high-demand tourism markets like Southern California and other coastal regions. Now, some of […]

Multifamily Viewpoint: What do Rising Rates Mean for Owners?   Current Fundamentals in Multifamily For the most part, the multifamily market performed significantly better than other product types during COVID-19. Although coastal markets and smaller units saw a downturn in rent growth as demand shifted toward larger units in the Sunbelt and other secondary markets, […]

How is the Southeast Performing? The Southeast also boasts one of the strongest industrial supply pipelines in the country. Most Southeast multifamily markets are seeing robust recovery and historical highs in rent growth and historical lows in vacancy rates. Out-of-state investors, specifically from New York and California, are driving retail activity throughout the area and […]

Why are Rents Expanding so Quickly? Renters have changed the trajectory of investors’ expectations for the multifamily sector as they continue to relocate to affordable metros and suburban neighborhoods. Experts largely believed rents would begin to stagger in 2021, but the first three months of 2022 have already outpaced last year’s rent growth. Yardi Matrix […]

The Latest Housing Trends in Los Angeles Los Angeles’s multifamily market is flourishing, achieving $13.9 billion in sales in the last 12 months. It’s no secret that the metro suffers from a severe housing shortage, with 225 people falling into homelessness each day, according to the Los Angeles Homeless Services Authority. The lack of housing […]

Phoenix Multifamily Update Phoenix multifamily is witnessing unprecedented demand, rent, and supply. Over 5,700 units were absorbed in the past year, a record high, with 11,000 units delivered, another record high. Out-of-state investors have been active, purchasing nearly two dozen multifamily properties in 2022. A California investor group purchased a newly constructed apartment complex in […]

Multifamily Market Update: Strategies + Fundamentals Economic uncertainty is still a huge question that will most likely remain throughout the year. In the month of May, the Ten-year treasury hit three percent for the first time since 2009. Inflation is still rising; the last reported value was 8.5 percent. The country’s gross domestic product shrank […]