RentCafe, Santa Barbara, Calif., released its Downtown Construction Report, finding Washington, D.C., is leading large cities in terms of downtown apartments completed between 2020-2024.
Tag: Apartments
RentCafe: Average U.S. Apartment Size Is Increasing
RentCafe, Santa Barbara, Calif., reported the average apartment size in the U.S. increased last year, to sit at 908 square feet.
Apartment Absorption Down From Year-Ago Rate, Redfin Finds
Just over half of U.S. apartments that delivered in the first quarter rented within three months, the second-lowest seasonally adjusted share since mid-2020, according to Redfin, Seattle.
RentCafe IDs Cities With Roomiest Apartments on a Budget
RentCafe, Santa Barbara, Calif., recently analyzed which cities feature the largest apartments for $1,500 monthly rent. Topping the list of big cities was Wichita, Kan., followed by Toledo, Ohio.
Zelman & Associates: Apartment Transactions Survey Shows Stronger Supply Index
Zelman & Associates, a Walker & Dunlop company, New York, released its latest apartment transactions survey, finding that the supply-demand spread moderated in June after some imbalance in the first three months of the year.
RealPage: U.S. Apartment Occupancy Rates Up in Most Markets
RealPage, Richardson, Texas, found most markets across the country are seeing month-over-month apartment occupancy improvements.
RealPage: Apartment Occupancy by Type Returning to Pre-Pandemic Norms
RealPage, Richardson, Texas, reported occupancy among unit types is rebounding to pre-COVID patterns. Specifically, three-bedroom unit occupancy–which hit record highs in 2021 and 2022–is softening.
RealPage: Apartment Markets in College Towns Remain Steady
RealPage Analytics, Richardson, Texas, found in a recent analysis that college town apartment markets tend to remain steadier than the national norm, and experience higher apartment occupancy rates.
Apartment Supply at 36-Year High in 2023, RealPage Finds
RealPage Analytics, Richardson, Texas, reported apartment supply jumped to the highest level since 1987 last year, largely due to the influx of construction projects begun a few years ago.
Dealmaker: Berkadia Secures $96M in California, Indiana
Berkadia, New York, secured $96.9 million in financing for multifamily properties in California and Indiana.