Multifamily / Page 38

CLICK HERE TO READ THE REPORT Market Overview Thus far, Phoenix’s multifamily market has proven to be resilient in the face of the pandemic, thanks to impressive market fundamentals. The stay-at-home orders in Q2 2020 resulted in pent-up demand and positive net absorption in Q3 2020 and Q4 2020. Although there is no definitive end […]

CLICK HERE TO DOWNLOAD THE ARTICLE A Look at Austin’s Growing Economy With 120 to 150 people moving to Austin per day, it comes as no surprise that Austin has experienced over 25 percent growth in population since 2010 and is projected to reach 3.2 million in the next ten years. Austin’s booming tech industry, […]

CLICK HERE TO READ THE REPORT Market Overview The Central Austin submarket consists primarily of older Class B and C apartments. With the submarket’s primary housing composed of students from the University of Texas, much of the development is often purpose-built student housing. The submarket benefits mostly from its centralized location and its proximity to […]

Click Here to Access Full Report Santa Barbara & Ventura County Multifamily With one of the lowest vacancy rates in the nation, Santa Barbara has above average earners helping support high rents. Rents were expanding in the years leading up to the pandemic, with 2018 rents growing 4.8 percent and 3.8 percent in 2019. In […]

This month, Matthews™ interviewed Senior Vice President & Senior Director, Daniel Withers for his insight on what’s currently happening in the market. In this interview, Withers shares his two cents on COVID-19’s impact on multifamily and provides his take on multifamily market performance, insight into investor trends, and outlook for the multifamily market.   Click […]

Click Here to Access Full Report Market Overview A gradual recovery is expected in Cleveland. Already, 89,000 jobs have been recovered since the height of job loss in April. This amount accounts for nearly half of the metro’s COVID-19 job losses. Cleveland’s recent development activity illustrates potential labor force growth in the near-term, and with […]

CLICK HERE TO EXPLORE THE RESULTS Investors Show Improved Confidence for CRE Recovery in 2021 Investors predict that the commercial real estate industry will noticeably begin to recover from the COVID-19 pandemic in 2021. Retailers will adjust to new norms, office will alter space needs based on teleworking trends, centrally located industrial distribution space will increased […]

As 2020 comes to a conclusion and the recent vaccine announcement sparks optimism in the market, renters are still falling behind on apartment rent payments. According to Rentec Direct, a rent collection data analyzer, rent collections were down as of December 10th by 24 percent, compared to March 2020. Despite the decrease, rent payments are […]

This month, Matthews™ interviewed Associate Vice President and Director, Michael Moreno for his insight on what’s currently happening in the market. In this interview, Michael shares his two cents on the impact COVID-19 has had on the CRE market, ranking five asset classes from most to least affected. He also dives into the long-term effect […]