As uncertainty dominates discussions about getting deals done, MBA NewsLink convened three multifamily finance executives, Chad Musgrove, John Lloyd and Carl McLaughlin, to get their opinions on where the apartment industry sits and where it’s headed next.
Tag: Multifamily
School of Multifamily Property Inspections: November 2023: Online
About the Event Click here for more MBA Education’s School of Multifamily Property Inspections is designed to help originators, asset managers, underwriters, servicers, and those inspecting multifamily properties better understand …
Multifamily Permitting Falls, RealPage Analytics Notes
RealPage Analytics, Richardson, Texas, reported the seasonally adjusted annual rate for multifamily permitting fell 32.2% year-over-year in July, per an analysis of Census Bureau data.
KBRA: Securitized Multifamily and the Housing Affordability Gap
Since 2020, greater apartment rent increases occurred in markets with higher homeownership costs as lower affordability drove up demand for rental units, reported KBRA, New York.
Commercial/Multifamily Borrowing Declines 53% Year-Over-Year in Second-Quarter 2023
Commercial and multifamily mortgage loan originations were 53% lower in the second quarter of 2023 compared to a year ago, and increased 23% from the first quarter of 2023, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
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.
CBRE: Multifamily Market Continues to Stabilize
CBRE, Dallas, found the multifamily market showed signs of stabilization in the second quarter.
CBRE: Multifamily Fundamentals Begin to Stabilize
The U.S. multifamily sector is beginning to stabilize as vacancy rate expansion and negative absorption ease, reported CBRE, Dallas.
Apartment Rents Post First Annual Decline in Three Years
The median U.S. apartment asking rent fell slightly in March and the rental component of the Consumer Price Index has leveled off, two new reports said.
Zillow: Rents Climb Modestly in March, Continuing Their Soft Landing
Apartment asking rents climbed 0.5%, or $9, from February to March, reported Zillow, Seattle.