Multifamily / Page 39

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 […]

Top Reasons to Invest in Austin, TX As the capital and fourth-largest city of Texas, Austin boasts prestigious recognition for various aspects, including food, culture, nightlife, music, education, nature, and much more. Recently, nine zip codes in Austin saw at least 100% growth in home value from 2010 to 2020. The metro also ranks as […]

Multifamily Trends & Activity in Austin, TX Texas has one of the lowest tax burdens in the nation, which has caused many to migrate to the state. In 2019, the Austin metropolitan area added 37,800 new jobs, a growth rate of 3.5 percent, according to the Austin Chamber of Commerce. This makes Austin the second […]

Multifamily Trends in Los Angeles Markets Following the outbreak of the novel coronavirus, supply constraints continue to be the defining trait in the Los Angeles multifamily market. In 2019, Los Angeles achieved $11 billion in multifamily trades, and Q1 2020 held $2 billion. Even as one of the highest renter-to-owner ratios in the United States, […]