Part 1: How Did Stabilized Properties Fare in April and May?
Evaluating how stabilized properties have held up since the beginning of April from the perspective of region and market size.
Evaluating how stabilized properties have held up since the beginning of April from the perspective of region and market size.
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.
Taking a closer look at April price class performance now that the first full month in which most of the nation was in some sort of lockdown in response to COVID-19 is in the books.
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.
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…
While many markets are experiencing some flattening rent growth compared to previous years, Las Vegas continues its hot streak.
It’s been another active year for new supply so far in 2019. This month we look at year-over-year performance between nationwide conventional properties and stabilized-only conventional properties.
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.