Multifamily / Page 34

  Miami-Dade County is one of the ten largest in the U.S. by population. The market sees surging demand, rent growth, and net absorption in 2021, following a virtually inactive 2020. In the last 12 months, 14,000 units have been absorbed, pushing vacancies to 3.7 percent. Rent gains are considerable, growing 14.7 percent year-over-year. Miami […]

Rents have increased 11.5 percent year-over-year, according to Bloomberg, making it increasingly difficult to for low-income tenants to afford rent. Apartment List reported that each one of the nation’s top 100 largest metros have seen increased rents month-over-month for the last five months. Rent spikes are most prominent in places like the Phoenix metro or […]

  California’s statewide eviction moratorium expired last week, but residents of Los Angeles county may still be protected against eviction proceedings if they are unable to pay rent due to hardships caused by Covid-19. As a result, many LA landlords are wondering what will come next and how they can best proceed. Should they keep their current tenants, even if […]

The temporary eviction moratorium in California ended September 30th, 2021, but Los Angeles County has extended commercial tenant protection to January 2022 and residential protection in the City of Los Angeles to October 2022. This applies to financially burdened tenants due to the COVID-19 pandemic, though landlords can still evict tenants for other reasons, like […]

  The Atlanta multifamily market continues to bolster and gain national traction. Job growth coupled with population growth, which are the key multifamily indicators, continue to cultivate this rise in demand. Atlanta’s business-friendly environment and relatively low cost of living in such a major market in the United States is attracting significant corporate relocations and […]

  CRE investors often use capitalization rates, or cap rates, as the industry standard measure of expected returns on an asset. Factoring in the asset’s price and produced net income, multifamily investors can better determine the performance potential. Further, they can categorize a property into three asset classes, A, B, and C, to assess the […]

South Los Angeles contains only about 10% of the County population, and includes a higher concentration of minorities, persons below 18 years of age, and individuals and children living below the poverty line. All these characteristics set the stage for understanding the labor and housing market in South Los Angeles. South Los Angeles has a […]

  Large volumes of new multifamily units are stretched across the United States, but delays make it difficult to get these properties across the finish line. With building material supply chain disruptions, a dire shortage of qualified labor, and difficulties obtaining approvals, developers face headwinds to complete projects on time and within budget.   While […]

Dallas-Fort Worth (DFW) has consistently ranked for top place to work, live, and the best place for investment prospects, according to Bloomberg Businessweek, Forbes, Fortune, and Site Selection magazine. It is a top region for business due to the low cost of living, a business-friendly environment, and a strong network of well-educated and skilled employees. […]