Thursday, October 1, 2020

The CrossRoads of Technology and Apartment Living

LOS ANGELES — Decron Properties is launching a new platform that will better integrate technology into multifamily assets. Today, tenants expect to be able...

National Apartment Rent Prices Start to Decelerate

(Photo by Tom Myers) SANTA BARBARA, Calif. – Although multifamily rents nationwide increased in May for the third month in a row, Yardi Matrix is continuing...

REIT Trade Shows San Diego Apartments Getting Pricier

SAN DIEGO—The $232-million sale of Pacific Ridge, a 533-unit luxury community here, shows how desirable multifamily properties are in a market where asking rents...

Lynd Grabs 11 Texas Properties in Value-Add Play

Lynd has acquired an 11-property portfolio of Texas multifamily assets, concentrated mostly in Dallas, Houston, Midland, Odessa and El Paso. Financial terms of the deal...

Mizuho Releases Multifamily REIT Expectations

In Mizuho Securities' latest REITs Research Industry Flash for the multifamily REIT sector, the Tokyo-based investment analyst firm shares a mostly positive outlook for what...
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Will Market Fundamentals Support Much-Needed Apartment Construction?

Spurred onward by population growth and the increasing unaffordability of home purchases on flat wages, apartment household growth will grow in the double digits...
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The 10 Least Affordable Cities for Renters in 2017

At the same time that U.S. income growth is flattening and foreign investors continue their pursuit of trophy city assets, housing market rents are...
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The Phoenix Apartment Market is Heating Up

In just over two weeks, one firm has closed $217M in apartment transactions around the Phoenix area. Steve Gebing and Cliff David, senior managing directors...
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Top Metros Could Bring Deals for Apartment Renters in 2017

Although apartment rents in the nation’s largest cities saw some growth, that growth is now beginning to slow, according to a new report by...
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Suburban City Rents Are Outpacing Those of Big Cities

Apartment developers will bring 371,000 multifamily units online this year, according to commercial real estate data firm Yardi Matrix. But as developers focus all...