CBRE, Dallas, found the overall multifamily vacancy rate fell to 4.8% in Q1, as renter demand continued to outpace new deliveries.
Tag: Multifamily
Bankrate Reports Renting Increasingly Cheaper Than Buying in Most Metros
Renting remains cheaper than buying a home in all 50 of the largest U.S. metros, with the difference between the two growing in 38 metros since last year, according to Bankrate, New York.
Multifamily Performance Solid in March, Yardi Matrix Finds
Yardi Matrix, Santa Barbara, Calif., found the average U.S. advertised multifamily asking rent grew $5 nationally in March to $1,755.
MBA Newslink Multifamily Roundtable: Rates, Refinancings and Resolutions
MBA NewsLink interviewed three analysts, Brian Bailey, Kim Betancourt and Chong Sin, about their thoughts on the multifamily landscape.
Fannie Mae, Freddie Mac Announce New Protections for Renters
Fannie Mae and Freddie Mac announced new protections for renters in multifamily properties with mortgages backed by the enterprises.
Dealmaker: Walker & Dunlop Arranges $128M for New York Multifamily Portfolio
Walker & Dunlop, Bethesda, Md., secured $128 million in financing for the acquisition of nine Manhattan properties, all located within a two-block stretch in Manhattan’s East Village neighborhood.
Freddie Mac Forecasts Low Rent Growth Amid High-Supply Headwinds
Freddie Mac Multifamily, McLean, Va., expects multifamily performance to remain muted for the remainder of the year as the market works through a historically high supply of new units.
Newmark Finds Surging Multifamily Demand
Newmark, New York, reported multifamily demand surged in the first quarter with nearly 104,000 units absorbed–the largest first-quarter total since 2000.
Yardi Matrix Says Student Housing Still Strong, but Some Metrics Slow
Yardi Matrix, Santa Barbara, Calif., reported in its National Student Housing Report for May 2024 that student housing metrics have moderated somewhat, but remain solid overall.
MBA Statement on HUD Updates to Wind and Named Storm Requirements
MBA’s President and CEO Bob Broeksmit, CMB, released a statement regarding the Department of Housing and Urban Development’s (HUD) updates to its wind and named storm policy for Federal Housing Administration (FHA) multifamily loans.