Multifamily / Page 7

An Outlook at Multifamily Deals After a difficult year, the capital markets for multifamily borrowers are opening up with a narrowing buyer-seller gap, plateauing interest rates and increased liquidity.   Last year, multifamily investors faced a challenging investment market, marked by a wide pricing gap between buyers-sellers, limited lender appetite and a volatile interest rate […]

Q1 Houston Multifamily Market Report Market Overview Houston remains one of the top-performing employment markets in the country, with an addition of 70,000 new jobs in 2023. The labor market has now surpassed pre-pandemic levels by over 210,000 jobs, representing a nearly 7% increase. The Houston metro area is home to approximately 7.5 million people, […]

Florida’s Multifamily Investment & Development Impacted by Soaring Insurance Costs Florida’s population surged by over 700,000 between April 2020 and July 2022, significantly boosting demand for housing. While this is good news for multifamily, rising insurance expenses are placing downward pressure on owners. To put this into perspective, insurance costs for multifamily in Florida have […]

Lexington Multifamily Market Report Market Overview Lexington’s multifamily market stands resilient against economic fluctuations, supported by a strong economic landscape. Non-cyclical sectors like government and education, supported by major employers such as the University of Kentucky and Baptist Health, anchor the city’s economic foundation. Furthermore, the presence of Fortune 500 companies like Xerox and IBM […]

Van Nuys, CA Multifamily Submarket Report Submarket Overview Van Nuys is a neighborhood in the central San Fernando Valley region of Los Angeles and is the most populous neighborhood in the San Fernando Valley. The submarket is known for its aviation legacy and has grown into a bustling urban community. The Van Nuys multifamily submarkets […]

How Developers Are Clearing the Affordability Hurdle The ongoing affordability crisis is worse than ever. In a recent issue, the National Low Income Housing Coalition (NLIHC) reported a shortage of over seven million affordable homes for the 10.8 million extremely low-income households in the U.S. An estimated seven in 10 low-income families spend more than […]

Orlando Multifamily Market Report Market Overview Orlando’s multifamily market boasts one of the most vibrant economies in the Southeast. It is notably driven by a consistent influx of people and rapid population expansion. The economy thrives on its increasing number of tech and fintech companies, its well-established and growing defense industry, and the renowned theme […]

Louisville, KY Multifamily Market Report Market Overview In recent years, Louisville’s multifamily market has exhibited noteworthy resilience, positioning it as a robust hub in Kentucky. Over the past decade, Louisville has experienced steady population growth, adding thousands of new residents annually. As of March 2023, the region sustained its economic momentum, with total employment surpassing […]

Austin, TX Multifamily Market Report Market Overview Austin stands out as one of the youngest cities in the nation compared to similar markets, boasting a substantial portion of its population in the working age bracket. The age group of 25 to 34-year-olds constitutes the largest segment of Austin’s residents, making it a key demographic for […]