Investment Resources

  • U.S. Apartments Have Risen to the Top of Foreign Investors’ Wish Lists
    June 16, 2021 at 5:00 AM

    International investors have a new favorite type of real estate. They now spend just as much money on apartment buildings in the U.S. as they spend on their old favorite property type, U.S. office space.

  • Rents for single-family homes just saw the largest gains in nearly 15 years
    June 15, 2021 at 5:00 AM

    Even as the coronavirus pandemic ebbs and Americans get back to work and play, they still want more space at home. But with home prices hitting record highs, demand for single-family rental homes is soaring – and so are the rents. 

  • Apartment Rents and Occupancy Soar in May
    June 3, 2021 at 5:00 AM

    U.S. apartment rents and occupancy are climbing rapidly in 2021, and May’s performance results show a continuing acceleration of momentum.

  • 20 Markets Where Apartment Rents Will Likely Grow the Most in 2021
    May 25, 2021 at 5:00 AM

    With home prices at a new record high and homes flying off the market in hours in some cases, it’s no wonder that Google searches for “when is the housing market going to crash” have spiked dramatically in recent weeks. After all, the mania seems reminiscent of the run-up to the housing bubble in the mid-2000s—and we’ve all been told that what goes up must eventually come down.

  • Money Talks in These 10 Metros Where All-Cash Buyers Are Scooping Up Homes
    May 17, 2021 at 5:00 AM

    As the saying goes, cash is king. And that’s especially true in today’s pandemic-fueled thrill ride of a real estate market, where homes can sell in days—or even hours—and usually after multiple offers.

  • Home Prices Have Hit a New High—Is the Housing Market About To Crash?
    May 3, 2021 at 5:00 AM

    With home prices at a new record high and homes flying off the market in hours in some cases, it’s no wonder that Google searches for “when is the housing market going to crash” have spiked dramatically in recent weeks. After all, the mania seems reminiscent of the run-up to the housing bubble in the mid-2000s—and we’ve all been told that what goes up must eventually come down.

  • Inflation could spike to 20% in the next few years as the US money supply explodes, says Wharton professor Jeremy Siegel
    May 15, 2021 at 5:00 AM

    Wharton professor Jeremy Siegel said inflation could spike to 20% in the next two or three years due to "unprecedented" fiscal and monetary stimulus and an explosion of the US money supply.

  • 20 Top Markets for Apartment Construction Completions
    May 10, 2021 at 5:00 AM

    The multifamily industry had a more challenging than usual year, dealing with both the COVID-19 pandemic and skyrocketing materials prices, but new units continued to be added in markets throughout the country. 

  • Judge strikes down federal eviction ban
    May 5, 2021 at 5:00 AM

    U.S. District Court Judge Dabney Friedrich wrote in an opinion that although the pandemic is a health crisis, the Centers for Disease Control and Prevention lacks the legal authority to ban evictions.

  • Analysis: How Biden’s Tax Plan Would Reshape CRE Investment
    April 30, 2021 at 5:00 AM

    President Biden called on Congress to make tax code changes this week that could hurt commercial real estate investors’ pockets. But the code changes detailed in The American Families Plan could also result in fundamental shifts in how real estate is bought, sold and developed.

  • Apartment Renters’ Shifted Amenities Preferences Are Likely to Last After COVID-19
    April 27, 2021 at 5:00 AM

    During the pandemic, the kinds of amenities apartment renters looked for shifted. Outdoor spaces, reliable Internet connectivity and extra space for working all became “must haves” for some renters. And apartment industry experts say that even after the coronavirus pandemic is over, renters are likely to keep wanting more space in their apartments and more technology to keep them connected.

  • Distressed Sales Could Approach $126B in Next Two Years
    April 18, 2021 at 5:00 AM

    Even if the CMBS delinquency rate retreats, the default amount is still rising.

    CoStar Group expects a large scale of distressed sales to hit mid-2021. The company modeled 16 different scenarios to determine how bad the carnage would be from this recession. In those exercises, the amount of distress landed between $92 billion to $370 billion, though it will likely be $126 billion

  • Institutional investors, higher material costs lead to rising home prices
    April 13, 2021 at 5:00 AM

    Homebuyers may think prices are rising and supply is dwindling because of low interest rates and increasing demand.

    But two of the main reasons for the skyrocketing prices are actually a huge buying spree from institutional investors and surging building materials costs, according to Inman.

  • What CRE Opportunities Await if the American Jobs Plan is Enacted?
    April 13, 2021 at 5:00 AM

    President Joe Biden’s $2.3-trillion, eight-year proposed American Jobs Plan, which aims to modernize and improve U.S. infrastructure, generate jobs, stimulate economic growth, and tackle climate change, could generate some new opportunities for real estate investors, although there are also concerns about higher corporate tax rates and other potential tax reforms.  

  • In these states, a majority of homes sell over asking price
    April 9, 2021 at 5:00 AM

    As the coronavirus real estate boom rages on, new data shows just how aggressively Americans are bidding for homes. In a handful of states, more than half of homes sold in March traded for more than their listing price.

  • US home price growth surges to new record in first month of 2021
    March 30, 2021 at 5:00 AM

    Home price growth in the U.S. kicked off 2021 surging to a new record.

    Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 11.2% annual gain in January, up from 10.4% in December — reaching its highest recorded level since February 2006. The results surpassed estimates of a 10.5% year-over-year gain, according to consensus compiled by Bloomberg.

  • Some landlords sell properties as CDC extends eviction ban
    March 29, 2021 at 5:00 AM

    A federal ban on evictions is putting the squeeze on smaller landlords, who are unable to directly access Covid rental relief funds, and some are starting to sell properties to recoup losses.

  • CDC will extend national eviction ban through June 30
    March 29, 2021 at 5:00 AM

    The Centers for Disease Control and Prevention has extended the national ban on evictions through the end of June.

  • Top 20 U.S. Markets for Apartment Net Absorption
    March 24, 2021 at 5:00 AM

    While the past year hasn’t gone without hiccups for the U.S. multifamily sector, with some households struggling to pay rents and a few gateway cities seeing spiking vacancies, the sector still posted a surprisingly strong performance, according to a March report from real estate data firm Yardi Matrix.

  • Insane lumber prices mean new homes cost $24K more
    March 16, 2021 at 5:00 AM

    With lumber prices and other building material costs still at record-high levels, homebuilder confidence fell two points in March, per the latest report from the National Association of Home Builders.

  • Zumper National Rent Report: March 2021
    March 8, 2021 at 5:00 AM

    2020 brought unprecedented shifts in the rental market, largely stemming from migration shifts brought on by the COVID-19 pandemic.

    Two months into 2021, we’re seeing clear signs that these trends have plateaued, or even slightly reversed,  following a bottoming out in 2020-Q4.

  • What Happens When Investment Firms Acquire Trailer Parks
    March 8, 2021 at 5:00 AM

    One day in October, 2016, Carrie Presley was visiting her boyfriend, Ken Mills, when she received a phone call from a neighbor informing her that someone had just been shot outside her home. Presley lived with her seventeen-year-old daughter, Cheyenne, in a two-story clapboard house on Jackson Street, in the northern part of Dubuque, Iowa. 

  • Research Brief: Housing
    March 2, 2021 at 5:00 AM

    Rising costs restrain prospective homebuyers. Strong interest among buyers for a limited supply of homes for sale drove the me- dian price of an existing single-family home up 14.8 percent year over year to $325,300 in January.

  • Construction spending hits new record in January
    March 1, 2021 at 5:00 AM

    U.S. construction spending reached the highest level on record last month as both local and federal governments began loosening the purse strings.

  • Texas judge finds national eviction ban unconstitutional
    February 26, 2021 at 5:00 AM

    A federal judge in Texas has ruled that the national ban on evictions that’s been in place since September is unconstitutional.

  • Vibrant Small Towns in America’s Heartland Are the Top Trending Locations for Gen Z
    February 22, 2021 at 5:00 AM

    The downtown life in big coastal cities is so last decade. That’s according to the latest data that shows small towns in the heartland are newly trending for Gen Z renters. This is especially noteworthy because Zoomers were the fastest-growing active renter segment in the U.S. last year, and their locations of choice are just the opposite of their Millennial predecessors.

  • Americans on the move: Florida among top eight states for inbound migration
    February 8, 2021 at 5:00 AM

    Americans are leaving the Northwest and Midwest in favor of the warmer Southeast and Southwest, according to a new report.

  • Want to own an apartment building? Buy a distressed hotel for pennies on the dollar
    February 4, 2021 at 5:00 AM

    Communities are desperate for more affordable housing, but the cost for developers is just too high. Land, labor and materials were pricey before the coronavirus pandemic, and they are even more so now.

  • 25 U.S. Markets Adding the Most Multifamily Units This Year
    February 4, 2021 at 5:00 AM

    Smaller cities look set to see the biggest increases in new multifamily stock compared to the prior year.

  • Global real estate investment bounced back in Q4
    February 4, 2021 at 5:00 AM

    Global commercial real estate investment ended 2020 on a strong note, with deal volume rising 84 percent in the final three months of the year following a drastic slowdown early in the pandemic.

  • Markets That Avoided Rent Cuts in 2020
    January 25, 2021 at 5:00 AM

    While many apartment markets across the nation suffered rent cuts during the pandemic-induced lows of 2020, a handful of areas managed to avoid that fate. Many of these markets benefited from relative affordability in uncertain times.

  • 2020 Migration Trends: U-Haul Ranks 50 States by Migration Growth
    January 24, 2021 at 5:00 AM

    If you’re of the opinion Tennessee is a fun place to visit and would be a beautiful spot to live, take a number and get in line. U-Haul® customers are well ahead of you.

  • January Rent Collections Hit 77%: NMHC
    January 15, 2021 at 5:00 AM

    More than 76 percent of U.S. rental households have made rent payments as of Jan. 6, according to a just-released report on rent collections from the National Multifamily Housing Council.

  • Biden calls for $30 billion more in rental assistance and extending eviction ban
    January 14, 2021 at 5:00 AM

    President-elect Joe Biden called on Congress to pass a range of protections and financial relief for Americans at risk of losing their homes because of the coronavirus pandemic.

  • Multifamily Properties Are Positioned for a Strong 2021
    January 12, 2021 at 5:00 AM

    The multifamily sector weathered the storm in 2020, living up to its reputation as one of the most stable commercial real estate asset classes. The forecast for apartments in the new year is also bright.

  • Home prices hit fastest growth in six years
    December 29, 2020 at 5:00 AM

    Home prices continued to surge in October, new data show.

    Prices were up 8.4 percent year-over-year, according to the S&P CoreLogic Case-Shiller index tracking the housing market in major metropolitan areas. Their 12-month gain in September was 6.6 percent.

  • What Happens When the 1% Go Remote
    December 16, 2020 at 5:00 AM

    The 1% are on the move. Tom Brady and Gisele Bündchen bought a $17 million teardown on Miami Beach’s ultra-exclusive Indian Creek island. Jared Kushner and Ivanka Trump, who are said to have plunked down $30 million for a lot, may be their neighbors.

  • Redfin’s 2021 Housing Market Predictions: 14.5 Million Americans Will Move Out of Town, Fueling 10% Sales Growth
    December 15, 2020 at 5:00 AM

    The housing market will remain strong through 2021 as the economy recovers from the pandemic-driven recession. In early 2021, homebuyers will remain undeterred by the pandemic, eager to take advantage of sub-3% mortgage rates while they last.

  • More U.S. Homeowners Seek to Delay Mortgage Payments
    December 14, 2020 at 5:00 AM

    A growing percentage of U.S. homeowners are looking to delay making mortgage payments, the latest sign that the economic recovery is hitting a snag.

  • NMHC Rent Payment Tracker
    December 1, 2020 at 5:00 AM

    The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 89.8 percent of apartment households made a full or partial rent payment by December 20 in its survey of 11.5 million units of professionally managed apartment units across the country.

  • Home prices see greatest gain in over 6 years
    November 24, 2020 at 5:00 AM

    The S&P CoreLogic Case-Shiller index covering home prices of all nine U.S. census divisions rose 7% in September from a year ago, the greatest year-over-year gain since 2014, and nearly 23% higher than its last peak in 2006.

  • Eight Takeaways from Ben Bernanke’s Conversation with Marcus & Millichap
    November 24, 2020 at 5:00 AM

    What does the man who oversaw the Federal Reserve as it tried to help the country recover from the Great Recession think about the U.S. economy’s ability to bounce back from the COVID-19 pandemic?

  • Lennar spends $29M on Homestead mobile home park, plans new community
    November 24, 2020 at 5:00 AM

    Lennar Homes purchased a former mobile home park in Homestead for $29 million, with plans to build a new housing community.

  • Follow the renter: Multifamily investors pour capital into unexpected markets
    November 20, 2020 at 5:00 AM

    In Albuquerque, New Mexico, multifamily occupancy is up. Memphis, Tennessee, is seeing rising rents, and cap rates for apartment assets in Detroit have spiked.

  • Here’s how bad commercial real-estate pain could get for banks, other lenders
    November 16, 2020 at 5:00 AM

    Low rates and rosy assumptions about how much rent properties might collect helped fuel the record $5 trillion debt boom in U.S. commercial real estate over the past decade.

  • Industrial, Multifamily Price Gains Drove Modest CPPI Increases During the Fall Months
    November 9, 2020 at 5:00 AM

    Upticks in prices of industrial and multifamily assets and some alternative property types this fall resulted in increases in overall Commercial Property Price Indexes of the three major market trackers.

  • NMHC Rent Payment Tracker Finds 80.4 Percent of Apartment Households Paid Rent as of November 6
    November 6, 2020 at 5:00 AM

    The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 80.4 percent of apartment households made a full or partial rent payment by November 6 in its survey of 11.5 million units of professionally managed apartment units across the country.

  • Struggling Rental Market Could Usher in Next American Housing Crisis
    October 27, 2020 at 5:00 AM

    Fallout from missed rent payments is threatening a swath of the U.S. population, as the expiration of eviction bans draws near.

  • Rents Plummet on Urban Apartments
    October 21, 2020 at 5:00 AM

    Thousands of apartments stood empty in August 2020 that had been occupied only a few months before in urban cores across the country, including in previously white-hot markets like San Francisco and New York.

  • Time’s up: After a reprieve, a wave of evictions expected across U.S.
    October 19, 2020 at 5:00 AM

    On Sept. 1, U.S. health officials announced they would suspend evictions across the United States to help stem further spread of the novel coronavirus.

  • NMHC Rent Payment Tracker Finds 90.6 Percent of Apartment Households Paid Rent as of October 20
    October 15, 2020 at 5:00 AM

    The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 90.6 percent of apartment households made a full or partial rent payment by October 20 in its survey of 11.4 million units of professionally managed apartment units across the country.

  • Jobless claims: Another 840,000 Americans filed new unemployment claims last week
    October 8, 2020 at 5:00 AM

    U.S. states saw another 840,000 jobless claims filed last week, as the number of Americans applying for first-time unemployment insurance benefits each week continues to hover at a historically high level.

  • Inside the New Coronavirus Relief Bill: a Total Eviction Moratorium
    October 2, 2020 at 5:00 AM

    On Oct. 1, just hours before the first reports of the news that President Donald Trump had tested positive for Covid-19, the U.S. House of Representatives passed a $2.2 trillion coronavirus relief package. Among the elements in the bill: a complete ban on eviction filings over nonpayment. That’s a far stronger action than Congress or the White House has taken previously. 

  • Florida allows eviction moratorium to expire
    September 30, 2020 at 5:00 AM

    Florida Gov. Ron DeSantis will allow the state’s ban on residential foreclosures and evictions to expire Oct. 1.

  • Institutional Investors Bet on Manufactured Housing as Occupancy, Rents Continue to Grow
    September 29, 2020 at 5:00 AM

    There has been stable occupancy and rental collections in 2020 despite the pandemic. As a result, some investors are now betting big on manufactured housing communities.

  • National Apartment Association Joins Lawsuit Challenging CDC National Eviction Moratorium
    September 18, 2020 at 5:00 AM

    The National Apartment Association (NAA) announced today that it is taking legal action against the Centers for Disease Control and Prevention for its nationwide eviction moratorium, joining the New Civil Liberties Alliance (NCLA) in its lawsuit challenging the legality of the federal agency’s order.

  • Blackstone to Boost Mobile-Home Bet With $550 Million Deal
    September 14, 2020 at 5:00 AM

    Blackstone Group Inc. is pouring more cash into mobile-home parks, a corner of the commercial real estate market that is holding up in the pandemic.

  • Pandemic may lead to foreclosure crisis, CoreLogic says
    September 9, 2020 at 5:00 AM

    A surge in the share of mortgages 90 days or more overdue in June is a signal the U.S. could be heading toward a foreclosure crisis, according to a CoreLogic report on Wednesday.

  • What the New Federal Eviction Moratorium Means
    September 2, 2020 at 5:00 AM

    The Trump administration announced a sweeping federal eviction moratorium on Tuesday, offering protections for struggling renters that go far beyond the previous 120-day moratorium that expired in July. Under the authority of the Centers for Disease Control and Prevention, the administration issued a four-month ban on evictions in order to keep millions of tenants in place in the hopes of preventing the spread of coronavirus.

  • Property Investors Tap Mobile Home Parks for Covid-Era Returns
    September 2, 2020 at 5:00 AM

    Real estate investors have turned to single-family rental homes, warehouses and even movie studios while the pandemic makes it harder to put capital to work in more-traditional types of commercial property.

  • Another million applied for jobless benefits as coronavirus pandemic’s economic toll rises
    August 27, 2020 at 5:00 AM

    The number of Americans who filed for unemployment benefits for the first time came in above 1 million for the 22nd time in 23 weeks as the economy struggles to recover from the coronavirus pandemic, the Labor Department said Thursday.

  • Average mortgage rate falls to 2.91%: Freddie Mac
    August 27, 2020 at 5:00 AM

    Average U.S. mortgage rates for a 30-year fixed loan fell to 2.91% this week, the second-lowest level on record, Freddie Mac said in a report on Thursday.

  • Freddie, Fannie Keep Capital Flowing to Multifamily Borrowers
    August 26, 2020 at 5:00 AM

    Freddie Mac and Fannie Mae are on track to lend nearly as many dollars to apartment properties in 2020 as they did in 2019. They have even loosened rules created in the early months of the COVID-19 crisis that required new multifamily borrowers keep enough reserves on hand to ensure they could make loan payments for as long as 18 months.

  • Millions of Apartment Renters Sit at the Brink of Disaster
    August 18, 2020 at 5:00 AM

    Millions of apartment residents have fallen behind on their rent payments, according to data from the U.S. Census—and the damage is likely to spread as the economic crisis caused by the novel coronavirus continues.

  • New interest from city dwellers raising home prices in rural areas
    August 17, 2020 at 5:00 AM

    The pandemic is pushing homeowners out of the big cities and into rural and suburban areas, pushing up home prices in previously sleepy towns.

  • The Current Status of Eviction Bans by State
    August 13, 2020 at 5:00 AM

    A big part of COVID-19 relief policy in the early days of the crisis was a ban on evictions. At the federal level that included a 120-day ban on evictions as part of the CARES Act, which has now expired.

  • Empty apartments in Manhattan reach record high, topping 13,000
    August 13, 2020 at 5:00 AM

    The number of empty apartments for rent in Manhattan soared to their highest level in recent history, topping 13,000, as residents fled the city and landlords struggled to find new tenants.

  • Mortgage rates tumble to new record lows this week
    August 6, 2020 at 5:00 AM

    Average U.S. mortgage rates for a 30-year fixed mortgage fell to an all-time low of 2.88% this week, the eighth time in 2020 the weekly rate has set a record in a Freddie Mac series that goes back almost five decades.

  • Covid-19 Is Killing Affordable Housing, Just as It’s Needed Most
    July 30, 2020 at 5:00 AM

    Typically, June 30 is the biggest day for affordable housing deals in New York City. It’s the end of the fiscal year, so developers race to close deals to get funding approval and get started building, says Rafael Cestero, president and chief executive officer of the New York-based Community Preservation Corporation. One of the nation’s largest financial backers of affordable housing, the nonprofit he leads has a $3.5 billion portfolio of active construction loans and mortgages. 

  • Manufactured Housing Share VS Site Built on the Rise Across the U.S.
    July 30, 2020 at 5:00 AM

    According to the U.S. Census Bureau, there are currently 22 million Americans living in 6.8 million manufactured homes across the U.S.  After years of decline starting in the late 1990’s, manufactured housing has been rising in popularity over the last few years. 

  • SoFla construction starts plummet 54% in June
    July 30, 2020 at 5:00 AM

    South Florida construction starts took a nosedive in June, continuing the trend since the coronavirus pandemic began.

  • COVID-19 Battered the Investment Sales Market During the Second Quarter
    July 28, 2020 at 5:00 AM

    Investment sales volumes in the commercial real estate sector fell nearly 70 percent as the massive economic disruption from the COVID-19 pandemic ground deal making activity nearly to a halt. Data from CoStar and Real Capital Analytics showed a similar drop in magnitude although the latest price indices show only a slight decline in values, evidence that a mass repricing of assets has yet to take place.

  • More Than 1 In 3 Renters Did Not Pay July Rent On Time
    July 20, 2020 at 5:00 AM

    Americans are struggling as a result of the coronavirus pandemic and the ensuing economic fallout. According to a report compiled by Apartment List, 36% of renters and 30% of homeowners did not make full on-time payments in July.

  • Multifamily Investors Starting to Return to the Market
    July 16, 2020 at 5:00 AM

    With strong rent collections reported on the local and national levels, multifamily has fared better than other asset classes during the COVID-19 pandemic. While many investors and operating partners put their pencils down because they couldn’t find assets, one multifamily executive says he is seeing investor demand start to pick back up. However, sellers have been a little slower to come back.

  • Apartment Industry Advocates Lobby for New Stimulus Legislation as Senate Goes on Recess
    July 11, 2020 at 5:00 AM

    The clock is ticking in Washington D.C. In a few weeks, a federal emergency program will stop distributing extra funds to people who lost jobs in the crisis caused by the novel coronavirus. That could cause a huge number of renters to fall behind on their rents and eventually lose their homes.

  • Covid Declines Vary by Property Type
    July 9, 2020 at 5:00 AM

    The Green Street Commercial Property Price Index was unchanged in June. Price adjustments reflecting the economic slowdown and uncertainty brought on by the coronavirus pandemic were incorporated into index values several months ago. The headline all-property index is down 11% from pre-Covid levels.

  • Apartment Investors Begin to Navigate COVID-19 Deal Landscape
    July 8, 2020 at 5:00 AM

    Verde Capital Corp., a private equity and investment management company, is negotiating a sale of several hundred apartments in Northern New Jersey. A buyer has agreed to pay $75 million, or roughly $250,000 per unit for the property, which Verde owns in partnership with a local real estate family.

  • Here are five charts tracking the U.S. economy amid the coronavirus pandemic
    July 5, 2020 at 5:00 AM

    The United States has reported record increases in coronavirus cases with spikes seen in states well underway in their reopening progress. The rising case numbers have caused states to alter their recovery plans, delay reopening measures and even re-institute restricitions on businesses. Data from key sectors could help illustrate the impact these changes have on the country’s economic progress. 

  • Top 10 U.S. Cities with Pandemic Pricing
    June 24, 2020 at 5:00 AM

    COVID-19 has undoubtedly affected rent prices across the nation as 2 in 3 renters were financially impacted by the pandemic and in-person touring came to a halt in March and April. With so much uncertainty and need of affordability, we used our data to grab a snapshot of what rent prices looked like the week of March 15th (when Shelter-in-Place and Stay-at-Home orders began to be enacted) and compared that to the week of June 15th to see the top cities with prices on a downward trajectory.

  • 2020 Industry Trends in Manufactured Housing
    June 24, 2020 at 5:00 AM

    MHInsider magazine, the premier trade journal for the manufactured housing industry, in May published the second annual State of the Industry edition. A central component to the edition is the visual treatment of manufactured housing industry data we and our industry partners provide. The data infographic on manufactured housing industry trends provides a quick, graphic overview of the state of the industry.

  • Sales of Previously Owned U.S. Homes Fall to Lowest Since 2010
    June 22, 2020 at 5:00 AM

    U.S. sales of previously owned homes dropped in May by more than forecast to the lowest level since October 2010 as the coronavirus pandemic sent demand skidding along with the rest of the economy.

  • When Will Building New Units Make Sense Again? Apartment Developers Remain Uncertain
    June 18, 2020 at 5:00 AM

    Some lucky multifamily developers will start work on new apartment projects at the perfect time, as the U.S. begins to recover from the economic crisis caused by the COVID pandemic.

  • Zumper National Rent Report: June 2020
    June 15, 2020 at 5:00 AM

    Looking at monthly changes, all of the top 10 priciest cities either had flat or declining rents. It seems the pandemic has shifted the demand for apartments away from the most expensive cities, since usually demand picks up as we head into summer but now the opposite is true. As more and more companies move into remote work, many renters don’t want to pay the big city price tag when they are unable to use the amenities and are looking for more affordable options outside of large, metropolitan areas.  

  • Five charts that track economic recovery in the U.S.
    June 14, 2020 at 5:00 AM

    As the U.S. economy makes further progress in recovering from the harsh blow of the coronavirus pandemic, certain industries are showing signs of recovery. Home purchases are up compared to last year, reservations are increasing at restaurants and hotel occupancy rates are on the rise. Even the battered air travel industry has seen some slight growth in passengers, indicating that the worst might be over for the U.S. economy.

  • Coronavirus fallout could increase multifamily construction demand in suburbs
    June 5, 2020 at 5:00 AM

    The COVID-19 pandemic has intensified a demographic shift that could affect the top markets for multifamily construction for years to come.

  • The next big problem for the economy: Businesses can’t pay their rent
    June 4, 2020 at 5:00 AM

    Nearly half of commercial retail rents were not paid in May. Companies as big as Starbucks say the financial devastation from the shutdown has left them unable to pay their full property bills on time. Some companies warn they will not be able to pay rent for months.

  • Pandemic squeezes already low housing supply
    May 29, 2020 at 5:00 AM

    CNBC’s Kelly Evans and Diana Olick discuss the home shortage and the health of the housing market amid the pandemic with Tim Mayopoulos, former Fannie Mae CEO.

  • Apartment Investors Wait on the Sidelines
    May 28, 2020 at 5:00 AM

    It may be months before buyers and sellers understand what apartment properties are worth in an economy hobbled by the spread of the novel coronavirus.

  • Why Multifamily Rents are Holding Up Better than Expected
    May 19, 2020 at 5:00 AM

    Despite mass unemployment and underemployment, multifamily rental payments have held up far better than many industry experts expected amid the economic wreckage caused by the spread of the novel coronavirus.

  • Dismal jobs report offered a sign that some people may be returning to work
    May 14, 2020 at 5:00 AM

    Jobless claims were up by another 2.98 million last week, but within the bleak report, economists see a small sign of encouragement in the fact that the record number of continuing claims rose by less than half a million.

  • Coronavirus Dents Multifamily Development
    May 14, 2020 at 5:00 AM

    This was supposed to be a year marked by a healthy amount of new multifamily supply, as some 300,000 units were on pace to open by the end of 2020. But federal, state and local stay-at-home orders and other responses to the coronavirus pandemic will likely reduce that to around 250,000 units, according to projections by commercial real estate brokerage Marcus & Millichap and REIS, the property research arm of Moody’s Analytics.

  • What April’s record-high unemployment means for real estate
    May 8, 2020 at 5:00 AM

    Following an unprecedented 20.5 million drop in payroll last month, the April unemployment rate reached a record 14.7 percent, the U.S. Bureau of Labor Statistics reported Friday.

  • Billionaire Sam Zell on Market Valuations, Real Estate, Post-Virus Economy
    May 5, 2020 at 5:00 AM

    Sam Zell, chairman and founder of Equity Group Investments Inc., discusses current market valuations and what the post-coronavirus world may look like. Zell, the billionaire known for buying up troubled real estate, said the Covid-19 pandemic will leave the same kind of impact on the economy and society as the Great Depression 80 years ago, with long-lasting changes in human behavior that imperil many business models. He speaks in an exclusive 40-minute interview with Bloomberg's Erik Schatzker.

  • What CRE Will Look Like As America Reopens
    May 4, 2020 at 5:00 AM

    The United States has had more than 1 million confirmed COVID-19 cases, with a death count approaching 70,000, as of Monday. And new reporting from the New York Times revealed that the Trump administration is "privately projecting a steady rise in the number of cases and deaths from the coronavirus over the next several weeks, reaching about 3,000 daily deaths on June 1 [...] nearly double from the current level of about 1,750."

  • Land Lease Properties Perform Well Amid the Crisis
    May 4, 2020 at 5:00 AM

    Manufactured housing properties are not only surviving the economic crisis created by the spread of the novel coronavirus. By some accounts the sector is thriving compared to other types of real estate.

  • Fannie Mae already has 1 million mortgages in forbearance, but thinks that number may double
    May 1, 2020 at 5:00 AM

    Federal Housing Finance Agency Director Mark Calabria told HousingWire last month that his expectation was that approximately 1 million GSE mortgages would be in forbearance by May, but as the calendar flipped to May, it appears that Calabria undershot that projection by a sizable margin.

  • Jobless claims: Another 3.84 million Americans file for unemployment benefits
    April 30, 2020 at 5:00 AM

    On the heels of worse-than-anticipated first-quarter GDP data, investors got additional economic data Thursday to reflect the ongoing damage being done to the U.S. economy as a result of the COVID-19 pandemic.

  • April Rent Payments Reach 92 Percent as Industry Braces for May
    April 29, 2020 at 5:00 AM

    By the last week of April, 91.5 percent of renters across the U.S. have paid some or all of their rent, but industry leaders are urging lawmakers to provide more assistance for renters as they brace for how payments will pan out in May.

  • The Outlook for Class-C Apartments Is Muddied by Tenants' Loss of Income
    April 21, 2020 at 5:00 AM

    Class-C apartment tenants have been badly hurt by the economic shutdown precipitated by the novel coronavirus, crushing their ability to pay rents, thereby putting strain on those properties’ owners to continue to cover costs and mortgage payments.

  • Weekly jobless claims hit 5.245 million, raising monthly loss to 22 million due to coronavirus
    April 16, 2020 at 5:00 AM

    Protection measures against the coronavirus continued to tear through the employment ranks, with 5.245 million more Americans filing first-time claims for unemployment insurance last week, the Labor Department reported Thursday.

  • Virus-Induced Recession: What’s in store for commercial property values?
    April 12, 2020 at 5:00 AM

    Every part of the US economy will be altered by COVID-19. Commercial property is no exception. Coordinated efforts to contain the spread of the COVID-19 have abruptly halted much of the global economy.

  • Nearly a Third of U.S. Apartment Renters Didn’t Pay April Rent
    April 8, 2020 at 5:00 AM

    Nearly a third of U.S. apartment renters didn’t pay any of their April rent during the first week of the month, according to new data to be released Wednesday by the National Multifamily Housing Council and a consortium of real-estate data providers.

  • Janet Yellen says second-quarter GDP could decline by 30% and unemployment is already at 12%-13%
    April 6, 2020 at 5:00 AM

    Former Federal Reserve Chair Janet Yellen said the economy is in the throes of an “absolutely shocking” downturn that is not reflected yet in the current data.

  • JAMIE DIMON WARNS: We’re getting a ‘bad recession’ plus ‘financial stress’ like the 2008 crisis
    April 6, 2020 at 5:00 AM

    JPMorgan Chase chief Jamie Dimon said Monday he expects the coronavirus crisis to include a “bad recession” and elements of financial strain similar to the 2008 downturn.

  • The COVID-19 Economic Shutdown is Already Hitting Multifamily Rents
    April 1, 2020 at 5:00 AM

    The average rents on apartments are already dropping, as the U.S. economy grinds to a halt and millions of workers have lost their jobs, been furloughed or have been asked to stay home to fight the rapid spread of COVID-19.

  • Sam Zell’s Equity Residential halts evictions, rent hikes on 80K-unit portfolio
    March 26, 2020 at 5:00 AM

    Sam Zell’s Equity Residential said it will halt evictions and rent increases for 90 days on its thousands of apartments across the country in response to the coronavirus emergency.

  • Unemployment benefit claims skyrocket to 3.283 million
    March 26, 2020 at 5:00 AM

    The COVID-19 pandemic is wreaking havoc on the U.S. economy, and data released Thursday morning reflected the severe damage being done to the labor market.

  • We just got our first look at how much coronavirus will damage the U.S. economy
    March 16, 2020 at 5:00 AM

    To date, U.S. economic data has done little to reflect the expected negative impacts from coronavirus-related slowdowns.

    Until Monday.

    The New York Federal Reserve released its latest Empire State Manufacturing survey Monday morning, which showed the report’s index of business conditions fell to its lowest level since 2009.

  • Icahn is shorting the commercial real estate market, which he says is going to ‘blow up’
    March 13, 2020 at 5:00 AM

    Billionaire investor Carl Icahn told CNBC on Friday he expects the U.S. commercial real estate market will crumble, much like the broader housing market collapse of 2008.

  • 10-year Treasury yield briefly hits all-time low under 0.7% as flight to bonds continues
    March 6, 2020 at 5:00 AM

    The global flight to the safety government debt continued on Friday as investors piled into U.S. Treasurys and sent the yield on the 10-year note to record lows.

  • Coronavirus Caution Slowly Grows in the CRE Market
    March 3, 2020 at 5:00 AM

    Fears related to the potential global economic fallout from the coronavirus sparked a meteoric drop in the stock market last week, including a more than 4,000-point plunge in the Dow. Even as jittery global stock markets have worked to claw back from steep losses in trading this week, the question is how much of that contagion will spill over to impact commercial real estate?

  • Fed cuts rates by half a percentage point to combat coronavirus slowdown
    March 3, 2020 at 5:00 AM

    The Federal Reserve announced an emergency rate cut Tuesday of half a percentage point in response to the growing economic threat from the novel coronavirus.

  • Mortgage rates return to 3-year low
    February 27, 2020 at 10:30 AM

    The average U.S. fixed rate for a 30-year mortgage fell to 3.45% this week, matching the three-year low set three weeks ago.

    The rate declined as global money managers spooked by the coronavirus named Covid-19 piled into the U.S. bond markets, boosting competition for securities back by home loans.

  • This Stock Has Returned 4,100% Since the Housing Crash
    February 25, 2020 at 4:30 AM

    One of the best-performing investments since last decade’s housing crash: trailer parks.

    From the March 2009 stock-market bottom, shares of big mobile-home park owners Sun Communities Inc. SUI-0.44% and Equity LifeStyle Properties Inc. ELS +0.03% have returned a tech-like 4,137% and 1,186%, respectively, counting price changes and dividend payments. The S&P 500’s return has been 499%.

  • A report on the state of the apartment industry

    The Apartment Guide 2020 Annual Rent Report highlights current trends and price fluctuations that renters may experience in various places across the United States. The report compares rent prices for studio, one-bedroom, two-bedroom and three-bedroom apartments to determine which areas of the country or cities are becoming more expensive or more affordable for renters.

  • Zumper National Rent Report: February 2020

    The top 10 markets saw a mixture of growth rates in this report. New York City and Washington D.C. were both on upward year-ver-year trends: New York City one bedroom rent was up nearly 8%, while D.C. two bedroom rent was up over 15%. On the flip side, cities that had rents down on all fronts, both on a monthly and year over year basis, included Seattle and San Diego.

  • 16K apartments to be delivered in South Florida this year: report

    South Florida will see nearly 16,000 apartments delivered this year, leading rents to flatten in markets with added supply, according to a recently released report.

  • The Cities with the Greatest Rent Jumps in the Past Decade

    Apartment rents have risen steadily across the country and while most people know that the cities with the most expensive rents include markets in the Bay Area and New York City, those markets did not see the largest growth on a percentage basis in the past decade.

  • Apartment List Renter Migration Report: 2020 Q1

    Apartment List’s first quarterly Renter Migration Report of the new decade!

  • UBS: Fed may cut rate three times in 2020

    Conventional wisdom says the Federal Reserve won’t cut rates during an election year, to avoid looking like it’s favoring one candidate over another – unless there’s an economic shock so severe, it’s forced to act.

  • Move over, Texas. Florida is now the No. 1 moving destination in America

    Who loves the sun? More Americans than ever, according to U-Haul.

  • Expect Yields on Multifamily Investments to Tighten Further

    The combination of strong fundamentals, low interest rates and intense interest from investors should make for another white hot year for the multifamily sector.

  • Small business pay checks are growing at a fast pace as job gains slow

    Weekly earnings for employees of small businesses grew at an annual rate of 4.1% at the end of the year, the fastest pace since the Paychex/IHS Markit Small Business Employment Watch began.

  • Seven CRE Economists Offer Their Predictions for 2020

    We asked seven economists and researchers about their 2020 predictions for the U.S. commercial real estate market.

  • The hottest housing markets of 2020 are far from the coasts

    Forget Seattle, Denver and San Francisco. Boise, Idaho, is poised to be the hottest housing market at the start of the next decade.

  • Here’s what will happen in multifamily real estate in 2020

    After a strong year in multifamily housing, expect an even stronger one in 2020, according to RealPage Chief Economist Greg Willett.

  • These Markets Will Be the Best Bets for Multifamily Investments in 2020

    As high-net-worth (HNW) investors and family offices mull next year’s opportunities in commercial real estate, they might want to keep the multifamily mantra in mind.

  • Realtors expect these to be the 10 hottest housing markets for the next 3-5 years

    On the whole, the nation’s housing prices continued to rise throughout this year and are expected to continue to do so into the foreseeable future.

  • This is how inventory declines are impacting Millennial homebuyers

    The nation’s low mortage rates were the main driver of homebuyer demand throughout 2019, spurring an uptick in home sales across the country. But as more homeowners flocked to the market, housing inventory, which has been on a steady decline since the housing crisis, fell in housing markets from the east to the west.

  • Fed holds steady, signals no interest rate changes through 2020

    The Federal Reserve left its benchmark rate unchanged on Wednesday and signaled it plans to hold steady through 2020, barring unexpected economic news.

  • Home prices accelerate nationally as owners stay longer

    The pace of rising home prices quickened in September and existing home sales ticked up 1.9 percent.

  • Zumper: U.S. rent price growth slows in December

    In December, the majority of the nation’s rental prices either declined or remained relatively flat during the month, Zumper said in its National Rent Report.

  • Freddie Mac: Here’s what to expect from the housing market in 2020 and beyond

    Just over a year ago, mortgage rates nearly hit 5%, levels that hadn’t been seen since the early part of this decade. But as we get ready to move into a new decade, mortgage rates are more than a full percentage point lower than that, comfortably back in the 3-4% range.

  • The Hottest Rising 18-Hour City? It’s in the Southeast

    In the U.S., 24-hour cities—the cities that essentially are up all night—translate mainly to the coastal gateway cities: Boston, Los Angeles, New York, San Francisco, and Washington, D.C. Meanwhile, 18-hour cities are often the markets with above-average urban population growth, plus a lower cost of living and lower cost of doing business relative to 24-hour cities. The poster children for this emerging class of up-and-comers have been cities like Denver, Austin, Texas and Nashville, Tenn.

  • Apartment Sector Likely to Experience Continued Rent Growth, Albeit at a Slower Pace

    Apartment rents are likely to keep rising, even if the economy continues to slow over the next year, according to industry experts.

  • More than 300,000 new residents are moving to Florida every year

    Florida will continue growing by more than 300,000 people a year and will top 22 million residents in 2022, according to a report posted online this week by state economists.

  • Foreign Investors Ramp Up Multifamily Acquisitions

    Foreign investors continue to spend money on apartment properties in the U.S., even while they may be slowing down on purchases of assets in other sectors. In the second quarter, cross-border investors became net sellers of U.S. commercial real estate overall for the first time in seven years, according to Jim Costello, senior vice president with research firm Real Capital Analytics (RCA).

  • Freddie, Fannie Offer More Competitive Loan Terms After Re-Set Lending Caps

    Freddie Mac and Fannie Mae lenders are once again fighting hard to make deals.

  • RentCafé: Average U.S. rent declines for first time in 2 years

    America’s rental prices declined in September, as RentCafé indicates the nation’s average rent fell by $1 – the first decrease since 2017.

  • U.S. foreclosure rate drops to 20-year low

    The U.S. foreclosure rate fell to the lowest level in two decades in July as a strong labor market made it easier for Americans to pay their bills.

  • U.S. unemployment rate falls to 50-year low of 3.5%

    The U.S. unemployment rate fell to a 50-year low of 3.5% in September as the economy added 136,000 jobs, slowing from August’s upwardly revised 168,000 gain, according to the Bureau of Labor Statistics

  • Life insurance companies to fuel multifamily surge in 2020

    Life insurance companies are set to create a surge in multifamily lending in 2020, according to a new study from the Mortgage Bankers Association.

  • Multifamily Investors, Spooked by Tougher Laws, Are Pushing Cap Rates Higher in Markets with Rent Control

    Investors are starting to pay less for apartment properties in markets that have some kind of rent regulation laws on the books.

  • There are precious few places in America where the average worker can afford a median-priced home

    Homeownership is becoming increasingly difficult to achieve — and a new report shows that relief isn’t coming any time soon.

  • Foreign Investors Ramp Up Multifamily Acquisitions

    Foreign investors continue to spend money on apartment properties in the U.S., even while they may be slowing down on purchases of assets in other sectors. In the second quarter, cross-border investors became net sellers of U.S. commercial real estate overall for the first time in seven years, according to Jim Costello, senior vice president with research firm Real Capital Analytics (RCA).

  • Zumper National Rent Report: September 2019

    The top 3 markets all saw dips in rent prices last month as New York City fell from its 3 year high and San Francisco continued its downward trend. The rankings for the top 10 saw some movement in the middle and bottom, as Washington D.C moved up to become 6th, pushing Los Angeles down to 7th, and San Diego and Anaheim move into the top cities, both tied as 10th. Oakland also had a large 5.2% monthly one bedroom rental growth rate but remained firmly as 4th.

  • Apartment supply exceeds demand in only 3 U.S. markets

    The nation's 150 major apartment markets have seen approximately 2 million new apartments built since 2010, but there's a problem. The number of renters in those cities have increased by about 2.5 million in that same time period. And with renting an apartment becoming more popular than it has in 20 years, that leads to many markets were demand exceeds supply.

  • Fed almost certain to cut rates in September

    The Federal Reserve is expected to cut rates once again when the Federal Open Markets Committee meets in September.

  • Americans are trying to get Denmark's negative-interest mortgages

    Two weeks ago Jyske Bank, Denmark’s third-largest bank, shocked the world by offering mortgages with a negative interest rate. Put simply, the bank would effectively pay customers to borrow money. It’s a bit more complicated than that, however, as borrowers have to pay fees that offset the savings.

  • Here are the best markets for real estate

    Which cities are the best real estate markets and which are the worst? If you're a real estate agent, real estate investor, homeowner, homebuyer, or considering moving, you'll likely want to know the answer to that question.

  • Apartment construction is slowing down, even as occupancy reaches an all-time high

    Although multifamily occupancy rates keep climbing, with apartment occupancy rates in July reaching the highest level since 2000, multifamily construction is slowing.

  • Is Multifamily Overbuilding?

    This decade, more than 2 million new multifamily units have been added across the US. In terms of raw numbers, this volume hasn’t been seen since the 2.4 million new units introduced in the 1980’s. However, if we consider annual new units as a percent of existing capacity, the annual average of 2% for this decade falls well short of the 5% average from the 1980’s.

  • Construction Labor Shortages Are Forcing Rent Growth at Class-A Apartment Buildings

    Delayed multifamily project completions are putting upward pressure on rent growth at new class-A buildings, according to data from research firm the CoStar Group.

  • America's rental market heats up as its housing market takes a breather

    Although the housing market continues to experience a slowdown in home price appreciation, new data from Zillow suggests the nation’s rental market is thriving.

  • Freddie Mac: It will be another banner year in multifamily

    It looks like the multifamily sector is set to have another strong year thanks to a combination of factors that will fuel demand for rental housing.

  • Main yield curve inverts as 2-year yield tops 10-year rate, triggering recession warning

    The yield on the benchmark 10-year Treasury note broke below the 2-year rate early Wednesday, an odd bond market phenomenon that has been a reliable, albeit early, indicator for economic recessions.

  • Homeowners in these markets are seeing their property values decline

    In the next year, 5% of U.S. markets are predicted to depreciate, with Louisiana holding on to its title as the state with the most depreciating markets, claiming four of the 10 spots on the bottom market list.

  • Fed cuts rate by a quarter point, cities ‘Global Developments,’ ‘Muted Inflation’

    The Federal Reserve lowered its benchmark rate by a quarter point Wednesday as an insurance policy not against what’s wrong with the economy now, but what could go wrong in the future. It was the first rate cut by the central bank in more than a decade.

  • Zumper National Rent Report: July 2019

    San Francisco one bedroom rent hit another peak, up $20 to $3,720, as summer moving demand starts to drive up prices in this city. New York City one bedroom rent, on the other hand, took a slight dip after hitting its 3 year peak in our last rent report. 

  • Zumper National Rent Report: July 2019

    San Francisco one bedroom rent hit another peak, up $20 to $3,720, as summer moving demand starts to drive up prices in this city. New York City one bedroom rent, on the other hand, took a slight dip after hitting its 3 year peak in our last rent report. 

  • Apartment rental demand soars as more millennials believe it’s cheaper than owning a home

    In the D.C. suburb of Chevy Chase, Maryland, a massive apartment rental and condominium complex is going up, and apparently it can’t happen fast enough. Demand for rental apartments in and near cities across America is soaring, just when most thought it wouldn’t be. The expectation was that rental demand would fall as millennials aged into their homebuying years.

  • Strong job growth is back: Payrolls jump in June well above expectations

    Payroll growth rebounded sharply in June as the U.S. economy added 224,000 jobs, the best gain since January and running contrary to worries that both the employment picture and overall growth picture were beginning to weaken. The unemployment rate edged up to 3.7% as labor force participation rose, according to the Labor Department.

  • Zumper National Rent Report: July 2019

    San Francisco one bedroom rent hit another peak, up $20 to $3,720, as summer moving demand starts to drive up prices in this city. New York City one bedroom rent, on the other hand, took a slight dip after hitting its 3 year peak in our last rent report. The other top 10 markets saw some adjustments as San Jose kicked down Boston to rank as the 3rd priciest city and D.C. outpaced Los Angeles to become 5th. Oakland also fell to 7th. 

  • Real Estate Executives Continue to Feel Optimistic About the Industry’s Outlook, New Survey Finds

     A survey conducted by law firm Akerman LLP found 70 percent of respondents felt “more optimistic” about real estate in 2019 than last year. 

  • U.S. Occupancy Surges to Highest Level in Nearly Two Decades

     Strong leasing activity in this young summer season has pushed occupancy to a level the nation’s apartment market hasn’t seen since the tail end of the tech boom in the early 2000s. 

  • Slowdown in U.S. Housing Market Is Helping Landlords Raise Rents

    (Bloomberg)—The U.S. housing slowdown is turning out to be a gift to apartment landlords. After all, those people who aren’t buying still need somewhere to live.

  • As Southeastern Cities Experience Strong Job Growth, They Are Also Seeing a Rising Demand for New Apartments

    “The Southeast’s major metros have posted terrific apartment sector performance during this cycle,” says Greg Willett, chief economist for RealPage Inc., a provider of property management software and services based in Richardson, Texas. “Investment returns have rivaled the results generated in traditionally favored gateway markets, without the volatility sometimes seen in this part of the country during the past.”

  • Redfin: U.S. home-sale prices experience first annual decrease in 7 years

    In March, the nation’s home-sale prices remained virtually stagnant, inching backward only 0.1% from 2018 levels, according to new data from Redfin.

  • America's 10 Fastest-Gentrifying Neighborhoods: Buy While You Can!

    When it comes to real estate, gentrification might just be the touchiest subject of all. In search of reasonable housing prices, short commutes, and the tantalizing prospect of a kick-ass return on investment, professionals are moving en masse into lower-income neighborhoods. 

  • Lower Interest Rates Should Drive More Acquisitions in the Multifamily Sector

    Borrowers have an unexpected second chance to get low-interest financing to buy or re-finance apartment properties, thanks to growing worries about the slowing U.S. economy.

  • A Recession May Be Coming, but Not for Commercial Real Estate Investors
    April 1, 2019 at 3:00 PM

    Financial headlines have been full of worries about a possible recession and a downturn in commercial real estate markets. Recessions often precipitate a decline in real estate markets, but long periods of increasing construction and rising property prices may pose risks of their own.

  • Multifamily real estate just had its best year since 2000
    February 7, 2019 at 2:00 PM

    By just about any way you look at it, 2018 was the best year for multifamily real estate this century: Renters paid more for housing than they ever have before, Freddie Mac and Fannie Mae both had banner years, commercial and multifamily debt hit an all-time high, all while delinquencies remained at historic lows.

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