Checking in on the New Construction Pipeline
August 2020: Demand through July 2020 was half that of the same period last year, and 50k less units were absorbed than added in the first 7 months.
Discussing Recent Texas Multifamily Performance with Rand CRE
Robert Durham and Jordan Brooks from ALN joined the Rand CRE podcast to discuss recent Texas multifamily performance, implications for investors and more.
Net Rent Moves Negative for Top Two Price Tiers
Multifamily demand fell 50% from January through July of 2020, and even more for more expensive properties. Today we take a closer look at nationwide price class performance.
Market Notes | News | Recap
Making Sense of a Turbulent Second Quarter
Another quarter is in the books, and this month we look beneath the national numbers to evaluate which multifamily markets were most impacted in a rocky second quarter.
Decrease in New Supply Not Enough to Outweigh Demand Slide
The biggest impact of uncertainty and upheaval of the last few months has been the drastic reduction in multifamily demand. Depending on the area or the product type, either average occupancy or average effective rent may have been adversely affected more than the other – but net absorption decline has been the rule everywhere.
J Turner Research Predicts Optimistic News for the Apartment Industry
J Turner Research predicts a rent collection of 84.28% by 6/10, an increase of about 5% over the previous month at the same time. Read more from J Turner Research as they share some of the results of their June rent estimate study on the ALN Apartment Data blog.
COVID-19 | Market Notes | News
COVID-19 and May Multifamily Rent Collections in Texas
A closer look at how Texas rent collections have been impacted by COVID-19 and the response to it in May.
COVID-19 Multifamily Impact Coming Into Focus
The dominant story of 2020 across all markets continues to be COVID-19 and the fallout from both the virus and the response to it. The impact is being felt across the economy, and multifamily real estate is no exception. April 2020 was the first full month in which a majority of the country was locked down and provides a first full look at what that may look like for the apartment industry.
COVID-19, Multifamily and Q1 2020 with Rand CRE
Robert Durham and Jordan Brooks from ALN sat down with Mike Taravella and Will Coleman from Rand CRE back in April to discuss the COVID-19 impact on rent collections, how markets around the country were looking heading into the current economic situation and more.