Apartment Business Update
A quarterly newsletter covering investment trends in the apartment industry.
Housing Starts, Permitting Hindered by Material and Worker Shortages
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Higher materials costs, supply chain issues and a shortage in skilled workers continue to affect new construction.
The latest data from the Census Bureau and Department of Housing and Urban Development reveals building permits, housing starts and housing completions all declined month-over-…
Cushman & Wakefield Invests $500M in Greystone
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Cushman & Wakefield strengthens presence in rental housing industry.
Real estate services firm Cushman & Wakefield and Greystone, a commercial real estate finance company, are combining forces on a strategic joint venture to provide advisory services and capital solutions for clients. The…
Developing An Emergency Preparedness Plan to Manage Supply Chain Disruptions
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The first component of a preparedness plan is to develop contingencies and solutions with multiple suppliers.
Public safety emergencies such as COVID-19 are challenging for everyone in a multitude of ways. In the rental-housing industry, economic pressures can escalate quickly in times of…
Suburbs Gaining More Renters
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Renters now comprise the majority of residents in dozens of metro suburbs.
Renters are flocking to the suburbs. According to a RENTCafé blog, more than 100 suburbs transitioned from homeowner heavy to renter majority during the past 10 years. Renters are the majority in 103 suburbs that 10 years…
Rent Growth Persists, Slows Slightly
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National rent index shows continued growth—faster than pre-pandemic.
The latest Apartment List Rent Report continues the tale of positive rent growth across the country, as the firm’s national index jumped 2.1% from August to September.
Since the start of 2021, the national median rent growth is 16…
4 Lessons Learned from Single-Family and Multifamily Property Management
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Owners and operators of single-family rentals and multifamily housing can use each other’s experiences to combat challenges and take advantage of opportunities.
According to a report by Walker & Dunlop, all eyes have been on single-family rentals (SFR), with rental growth expected to outpace…
Florida Owner Mandates COVID-19 Vaccine for Residents and Staff
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One Florida apartment owner announces a vaccine requirement for all residents and employees.
As the country continues to seek a path forward for pandemic recovery, the matter of vaccine mandates is affecting all industries, including rental housing. A recent situation in which an apartment owner…
California Seeks to Address Housing Crisis with New Laws
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California governor signs three housing bills intended to streamline processes and expand housing production.
Fresh off surviving a recall election, California Gov. Gavin Newsom is taking aim at housing policies. On Sept. 16, Gov. Newsom signed three bills—Senate Bill 8, Senate Bill 9 and Senate…
Surviving ‘The Great Resignation’
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If 2020 was the year of COVID-19, then 2021 is shaping up to be the year of “I quit.”
After spending more than a year at home, an eye-popping 95% of all U.S. workers say they are now considering leaving their jobs, according to a recent Monster.com survey. In fact, according to the U.S. Department…
#ICYMI: September Public Policy Outlook Report Released
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This month’s edition offers an industry outlook and highlights emerging legislative and regulatory issues affecting rental housing.
In case you missed it, the September edition of the Policy Outlook Report, a new resource from the National Apartment Association (NAA) featuring insights from the NAA…