Multifamily / Page 37

What is a Sale Leaseback? A sale leaseback is a real estate transaction that acts as a financing tool in which an owner-operator sells their real estate to a buyer and remains the occupier of the real estate and operator of the business through a simultaneously executed lease. Extracting 100 percent of the property’s equity, […]

CLICK HERE TO READ THE REPORT   Market Overview With a little more than half of the East Austin population renting, the apartment market continues to reap the repercussions from the coronavirus, primarily because of heightened vacancies throughout 2020. Since the start of March, rents have contracted by six percent, less than neighboring Downtown’s rent […]

ACCESS FULL REPORT HERE Market Overview Nashville made strides for monumental growth in 2020, including population growth, heightened construction, and employment opportunities. Household formation is more than double the national average, partly due to the numerous significant universities that call the metro home. Millennials account for a majority of the population growth in the metro […]

The combination of perfect sunny weather, no income tax, and relatively low COVID-19 case count positioned South Florida for a booming real estate market in 2021. Experts believe the growing number of people moving to Florida, which only accelerated during the pandemic, will further stimulate demand for multifamily. Even in B and C-class apartments, rent […]

On Friday, February 12th, a winter storm struck Texas, resulting in a week of the region’s lowest temperature in 72 years and more than 2.5 million residents, or 40 percent of Texas households, without power or water. Due to the state’s choice to deregulate electricity, Texas is widely criticized for creating an electric grid that […]

CLICK HERE TO READ THE REPORT As one of the most unaffordable states in the United States, California is no stranger to affordable housing shortages. Demand for more affordable housing in California is a burden held by major cities such as Los Angeles and San Francisco. Due to the high cost of single-family homes in […]

The start of 2021 kicked-off with optimism in the market as the vaccine begins distribution across the nation. The National Multifamily Housing Council (NMHC) has published Rent Payment Trackers consistently throughout the pandemic, providing statistics on rent payments. For the week ending in February 6th, 79.2 percent of apartment households submitted payment, a 1.9 percentage […]

CLICK HERE TO DOWNLOAD THE ARTICLE Following the outbreak of COVID-19, state-mandated lockdowns swept the nation, preventing the majority of the population from leaving their residence. For nonessential retailers, this meant closing their stores. For multifamily owners, this meant restricting renter’s access to apartment amenities and services. The mounting unemployment, paired with downtown offices closing, […]

CLICK HERE TO DOWNLOAD THE ARTICLE Approximately four million people call Los Angeles home, making it the second-largest city in the United States. When adding together the small cities that make up Los Angeles County, the urban area totals more than ten million people. With the extensive and difficult construction process paired with the considerable […]