Jobs Growth Buoys Apartment Sector, But Will It Continue?
The apartment sector is poised to recover more quickly from the nation’s deep economic malaise than either the office or retail sectors, according to a new report by New York-based data research firm Reis. ...
Matteson Buys Oregon Apartment Community for Nearly $21 Million
The Matteson Cos., which invests in real estate on behalf of private and institutional investors, has purchased the 372-unit Clackamas Village Apartments in suburban Portland, Ore., for $20.75 million. ...
Apartments Stage a Comeback as Renters Return in Surprising Numbers
After two years of rising vacancies and slumping rents, apartment owners have reason to be cheerier these days....
Will The Shadow Market Depress Apartment Rent Growth?
There is still a large supply of housing listed for sale, foreclosure rates remain high, and failed condominium developments still compete with market rate rentals in many places around the country. ...
Miami Chips Away at Condo Supply Glut
Clouds are lifting over Miami's beleaguered condo market following a boom-and-bust cycle of epic proportions. Condo sales and occupancy rates are on the...
Apartments Stage a Comeback
After two years of rising vacancies and slumping rents, apartment owners have reason to be cheerier these days. According to the latest survey of 169...
Apartment Vacancy Rates Decline in First Quarter
Apartment owners got a taste of encouraging news in the first quarter, as vacancy rates for all rental buildings with at least five units declined to 12.1% from 12.5% in the previous quarter, according a National Multi-Housing Council (NMHC) report released Thursday....
Wall Street Bonuses Likely To Trigger New York Apartment Sales
Hefty profits at Wall Street firms and bonuses paid at the end of 2009 are expected to boost apartment sales in Manhattan this year, according to a report issued today by real estate investment services firm Marcus & Millichap. ...
Multifamily Market’s Nascent Recovery Will Drive Up Pricing, Transactions
In a surprising show of resiliency for the U.S. apartment sector, the national vacancy rate stayed flat at 8.0% in the first quarter, bucking the seasonal weakness in demand that apartment rentals have typically shown during the colder months of the year. ...
2010 National Multi Housing Council's Top 50
NMHC’s Apartment Compensation Survey: Respond Now, Save Up to 78% on Report
NMHC's annual National Apartment Survey of Compensation and Benefits Practices is underway!...
PricewaterhouseCoopers: Apartment Sector to Lead Rising Property Sales in 2010
As cap rates begin to stabilize, investors are showing more confidence in the commercial real estate market than at any point in the last two years, a new report from New York-based PricewaterhouseCoopers shows. ...
Inovonics Software Helps Apartment Submetering
Inovonics, a provider of commercial grade wireless security products, has launched TapWatch 3 software and the RDL8500 remote data logger for multifamily submetering. ...
Multifamily Lenders Share Their Biggest Concerns For The Road Ahead
LAS VEGAS — What’s the biggest worry among multifamily lenders in 2010 and 2011? The usual suspects, jobs and interest rates, rank high on the list. ...
Better Times Ahead for Apartments
Though the apartment market is seeing signs of financial stabilization, and the longer-term outlook for apartments remains good, in the short run the...
Apartment Firms Rule Out Executive Raises for 2010
The new year promises to be a lean one for apartment company executives. A new survey shows that nearly two-thirds of multifamily companies (63%) say they do not plan to raise executive salaries in 2010. ...
Multifamily Problems Multiply
While the pace of monthly job losses is clearly slowing, financial problems for the U.S. apartment industry are growing. The combination of several quarters...
The ABCs of Student Housing
Students of all ages are headed back to school until the recession blows over, and investors are taking copious notes. Some 62% of colleges and universities...
Las Vegas Apartment Investors Expect Bargains as Fundamentals Slide
Deepening job losses are pushing vacancy rates in the Las Vegas apartment market to historic highs, real estate services firm Marcus & Millichap says in a third-quarter report. ...
Midair Crash Leaves Altman Family, Apartment Industry Grieving
The deaths of apartment executives Steven and Daniel Altman in a midair plane-helicopter collision above the Hudson River between Manhattan and Hoboken,...
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