Multifamily Remains Long-Term Investment Vehicle

Tucker Knight, Berkadia senior managing director and head of Texas originations, recently shared some insights on the impact of the Fed’s interest rate decision and the lending outlook for Houston landlords. By Lisa Brown| March 25, 2020 at 10:13 PM HOUSTON—Not only has COVID-19 upended Americans’ daily routines but also how capital is invested and transactions are […]

Stock Market Turmoil Makes it Harder to Value CRE

“In many ways, this could benefit commercial real estate in that rate cuts have made the cost of debt capital cheaper and will cause many to seek more stable investment vehicles and hard assets.” By Les Shaver | March 12, 2020 at 07:09 AM On Wednesday, as the World Health Organization declared the coronavirus a pandemic, Wall Street […]

Is Multifamily Truly Recession Resistant?

Multifamily is undoubtedly tremendously popular among investors—and for many reasons. Renter demand is up, and more young people want to live in urban, walkable markets, but the trend has led to a flood of class-A development and repositioning projects, which has taken away affordable housing supply. In a downturn, class-A apartments will be the first […]

The Future of Multifamily Investment

Multifamily investment is exploding across the South and Western United States, particularly in suburban areas of Atlanta, Dallas and Phoenix, where garden apartments are plentiful. Mid- and high-rise multifamily assets are also selling in Manhattan, Seattle and Los Angeles, but Integra Realty Resources’ 2020 Viewpoint Multifamily Report notes that tertiary markets are the biggest beneficiaries […]

These Markets Will Be the Best Bets for Multifamily Investments in 2020

As high-net-worth (HNW) investors and family offices mull next year’s opportunities in commercial real estate, they might want to keep the multifamily mantra in mind. For several years, industry players have consistently preached about the attractiveness of multifamily properties for HNW investors and family offices. Indeed, a recent NREI survey shows that, once again, multifamily […]

Investors Still Willing to Pay Top Dollar for Multifamily

Multifamily acquisition yields and price per unit have hovered at record lows for several years despite Treasury yields moving up and down by more than 150 basis points during that time. What does that mean for pricing? Yardi Matrix spells it out in its newest report on the asset class: it means investors are willing […]

Will Low Interest Rates Drive Investment Activity This Year

The minor decrease in rates last year will likely have little impact on overall investment volumes this year. By Kelsi Maree Borland| February 05, 2020 at 02:00 PM The Fed’s decision to cut interest rates last year were met with enthusiasm, but will they have an impact on investment activity in 2020? The answer really depends on […]

Why Multifamily Is Primed for More Growth

The multifamily market has been watching with some consternation the rental caps established in states and local areas. But that aside, there are few clouds on the horizon for the sector—and plenty of reason to expect that more growth will be had in 2020. For instance, household growth this year will be 12% above the […]

Workforce Housing Gets Creative With Funding

The multifamily industry is getting creative and strategic about workforce housing funding. By Kelsi Maree Borland| January 15, 2020 at 04:00 AM Workforce housing development and investment will continue to be a focus through 2020, and with rising demand for this market segment, investors are getting increasingly creative and strategic about workforce housing financing. As a result, […]

MULTIFAMILY 2020 U.S. Real Estate Market Outlook

MILD SLOWDOWN IN APARTMENT DEMAND The overall multifamily vacancy rate likely will rise by 20 bps to 4.5%, still below the long-term average of 5.1%. Rent growth will edge down to about 2.4%, just under the long-term average of 2.6%. As a result of slower economic growth, apartment demand is projected at 240,000 units in […]