Multifamily / Page 42

Last week the IRS issued guidance providing tax relief under the CARES Act for taxpayers with net operating losses. COVID Relief for taxpayers claiming NOLs Revenue Procedure 2020-24 (PDF) provides guidance to taxpayers with net operating losses that are carried back under the CARES Act by providing procedures for: waiving the carryback period in the case […]

On March 27th, 2020 President Trump signed into law a historic $2 trillion stimulus package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This stimulus package will help jolt the sudden stop we’ve seen in economic activity in the U.S., reduce the risk of a larger decline in employment, and aid in a post-virus […]

Through most of the U.S. economic expansion, the apartment sector has been a favored asset class. Investors were excited about renter growth and millennial increases in urban locations, and as a result, investment in mid to high-rise properties surged. However, before the fears of the coronavirus pandemic took hold, the apartment deal activity in February […]

Gen Z, the new generation of renters, are young, innovative, and hard to define. They have grown up using social media as their main communication platform, and we are still waiting to see how they will impact the multifamily market. Millennials, the generation before Gen Z, are also redefining the multifamily housing market. They are […]

Since December 2018, rent appreciation has steadily increased, indicating this growth will not slow down any time soon. Key fundamentals such as higher national wages, job growth, and unemployment rates at a 50-year low have all contributed to the increasing popularity of renting, thus feeding into rental rate growth. Although majority of multifamily developments as […]

Due to numerous market factors, the real estate development industry is struggling to deliver new multifamily product in an affordable price range while at the same time being profitable. Developers have long blamed the high cost of labor and construction prices as the impediment to supply, and now they point to uncertainty around tariffs and […]

Overall, multifamily continues to excel amongst asset classes and is driven operationally by renter demand, which is fueled by a robust job market. New permitting and construction across the country are on a healthy path. It is important to note that the majority of the areas with weaker rents have been in the core Class […]

After World War II, the War Emergency Tenant Protection Act was created to protect tenants from war-related housing shortages serving as the first form of rent control. Since then, rent regulation policies have evolved with the intention to create more affordable housing options. The pros and cons of rent control have been long debated among […]

The key benefits and attractions of investing in multifamily properties are that they can be transformed and repositioned to increase cash flow, and thus create enormous value. However, to maximize this cash flow, a multifamily owner must have strategic operations in place. The following article provides some guidelines to effectively and creatively increase the desirability […]