Is Multifamily Overbuilding?
This decade, more than 2 million new multifamily units have been added across the US. Does this mean that we’re approaching an overbuild? Read on to know more.
This decade, more than 2 million new multifamily units have been added across the US. Does this mean that we’re approaching an overbuild? Read on to know more.
The year is over halfway done! It’s time to size up the multifamily industry, so we’re taking a look at the performance of markets and regions throughout the United States.
It’s hard to believe that the 2019 NAA Apartmentalize is already behind us! Click on through to read about our experience in Denver for the week.
It’s June, and that means that once again, the NAA Apartmentalize Conference is mere days away. With the host city being Denver this year, we’re taking the opportunity to check-in on multifamily performance of the Greater Denver area.
One way to evaluate multifamily performance is to look at the usual metrics through the lens of price class rather than just by geography. This month let’s consider the year-over-year nationwide performance of the ALN price classes—a period from April 2018 through April 2019.
So far this year we’ve seen that some areas continue to perform well, but the strong results are beginning to be concentrated in fewer markets. Many areas mostly held their ground but didn’t make much progress in the quarter. Read on for more on Q1 of 2019.
The 2019 TAA Lone Star Expo was amazing! ALN Apartment Data had a wonderful time seeing everyone!
One important aspect of the Tax Cuts and Jobs Act of 2017 is the designated Opportunity Zones investment tool. These are areas designated by the government where tax benefits are offered to incentivize investment in low-income neighborhoods. This is sure to have an impact on multifamily in these areas in the coming years.
Have new units and higher rents changed the affordability factor for apartments? If so, where? And to what extent? Using ALN market data combined with available government data for MSAs, we can start to get a reliable picture.