RealPage, Richardson, Texas, found 66% of multifamily renters surveyed report being happy with their current housing situation, with younger renters reporting the highest satisfaction rates.
Category: News and Trends
CMF Quote of the Week: Aug. 17, 2023
“Governments at all levels, working with the private sector, have many tools for adding to housing stock and making rental housing more affordable, but rent control is not part of the solution. In fact, it will make the affordable housing crisis worse.”
–MBA President & CEO Bob Broeksmit, CMB
Call for Speakers – MBA Commercial/Multifamily Finance Convention & Expo 2024
Speaking opportunities for breakout sessions are now being accepted for MBA’s Commercial/Multifamily Finance Convention & Expo 2024 (CREF24), taking place February 11 – 14 at the Manchester Grand Hyatt in San Diego.
CREF Policy Update: Aug. 10, 2023
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Jobs Up by 187,000; Unemployment Rate Flat in July
Total nonfarm payroll employment was up by 187,000 in July, and the unemployment rate remained fairly flat at 3.5%, the U.S. Bureau of Labor Statistics reported.
Freddie Mac: Multifamily Demand Returning Slowly in Uncertain Economic Climate
Freddie Mac, McLean, Va., projects the multifamily market will continue to stabilize but see below-average growth through the rest of the year.
Dealmaker: Eastern Union Secures $8.8M for Baltimore-Area Office Complex
Eastern Union, New York, arranged $8.8 million in financing for the purchase of an office complex in Nottingham, Md., near Baltimore.
Call for Speakers – MBA Commercial/Multifamily Finance Convention & Expo 2024
Speaking opportunities for breakout sessions are now being accepted for MBA’s Commercial/Multifamily Finance Convention & Expo 2024 (CREF24), taking place February 11 – 14 at the Manchester Grand Hyatt in San Diego.
DLA Piper: Commercial Trends Vary by Class
DLA Piper, London, recently released its 2023 Mid-Year Real Estate Trends Report, highlighting activity in multifamily properties, industrial assets and other sectors.
Berkadia: Student Housing Operating Fundamentals Strong
Berkadia, New York, in its 2023 U.S. Student Housing Preleasing Report found student housing operating fundamentals are among the strongest in the commercial real estate sector, with the fall 2023 lease-up cycle the fastest on record.