Multifamily performance continued its strong run in May, reported Yardi Matrix, Santa Barbara, Calif. In a separate report, Redfin, Seattle, said median monthly asking rents topped $2,000 for the first time.
Tag: Multifamily

Record-Breaking Start for U.S. Multifamily Market
CBRE, Dallas, reported the multifamily sector saw strong momentum in early 2022, with robust demographic trends underpinning record leasing activity, rent growth and investment.

Solid Apartment Rent Gains Continue
Multifamily rent growth continues to exceed normal seasonal patterns, reports said.

RealPage: Apartment Rent Growth Points to Moderation
Apartment rents reverted to more normal rate in February even as occupancy held at record highs, reported RealPage, Richardson, Texas.

Multifamily Market Musings: A Conversation with Kim Betancourt From Fannie Mae
Kim Betancourt is Fannie Mae’s Senior Director of Economics and Multifamily Research. She manages a team of real estate economists that focus exclusively on the multifamily sector. They analyze current economic conditions at both the national and local level, determining their impact on the multifamily sector and identifying future trends.

FHFA Proposes 2022-2024 Multifamily Housing Goals for Fannie Mae, Freddie Mac
The Federal Housing Finance Agency on Wednesday published its 2022-2024 Enterprise Housing Goals Proposed Rule, which includes raising Fannie Mae and Freddie Mac’s multifamily housing goals from 315,000 to 415,000 low-income units.

Multifamily Values Amid a Shifting Landscape
The summer has brought big news for the housing industry including but not limited to multifamily market participants.

Fitch: Urban Multifamily Recovery Years Away Despite Demand Growth
Urban multifamily rental demand is improving as pandemic restrictions are lifted and workers return to offices, but a full recovery could take longer than prior recoveries, reported Fitch Ratings, New York.

Risks to Affordable Multifamily Housing Remain Despite Stimulus
Fitch Ratings, New York, said rental assistance provided under the American Rescue Plan will help renters and multifamily property landlords, but the extent to which the ARP can keep delinquencies low is uncertain, as the amount of unpaid back rent is difficult to estimate due to lack of data.

Multifamily Market Musings: Q & A with MBA AVP Sharon Walker
MBA NewsLink interviewed MBA Associate Vice President of Commercial/Multifamily Sharon Walker, who represents MBA members active in multifamily finance. She advocates on policy issues primarily related to Fannie Mae, Freddie Mac and the Federal Housing Administration and oversees numerous related committees, working groups, councils and events.