The topic on everyone’s mind in the multifamily industry and beyond is COVID-19 and the response to it. While some areas were affected earlier than others by shelter-in-place orders and the like, for the most part, a majority of Q1 2020 was carried out under relatively normal market conditions.
A look at markets with an above average reliance on industries likely to be quickly and heavily affected by COVID-19 measures.
It is no secret that new construction has been the major story in multifamily for the last handful of years. In terms of raw units, the volume has been nearly unprecedented. However, when evaluating new supply as a percent of existing capacity volume has been comfortably within the range established since the turn of the…
As the current cycle continues to age, secondary and tertiary markets have been getting increased attention from the owner/investor side of the industry. Moving through the first quarter of 2020, we’re taking a look at some key performance metrics for market tiers of various sizes.
Almost unbelievably, 2019 is gone and it’s time for a year in review. Read how multifamily performed for the last 12 months. Unless stated otherwise, all numbers will refer to conventional units. Click the Read More button to continue reading.
This month we check-in on a market with some interesting recent activity as of December 2019 – the Greater Phoenix area.
November BLS employment data impresses, and multifamily continues its upward trend as 2020 approaches.
This month we review the year-over-year nationwide performance of the ALN price classes for conventional properties – a period from October 2018 through October 2019.
Summer is in the rearview mirror; the holiday season is approaching, and another quarter is in the books. Nationally, the new construction pipeline delivered more units in the third quarter of this year than the same period in 2018 or in 2017. Demand in the quarter was strong, and the result was essentially no movement in average occupancy, while average effective rent rose 1%.
