Apartment Business Update
A quarterly newsletter covering investment trends in the apartment industry.
A Shifting Landscape: Government Initiatives and Rental Housing Through COVID-19
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“The American Dream is changing, and renters are becoming more and more a part of that.”
“With all that’s happened in the past year, it’s never been more important to know what’s going on [in the policy realm],” noted Paraag Sarva, CEO and Co-Founder of Rhino as he opened a unique and interactive…
What’s Next? Emerging Issues Post-CDC Eviction Order
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Experts explore the near- and long-term landscape of rental housing management.
The past 18 months have presented myriad challenges for rental housing providers across the nation. Largely, these difficulties have been borne from legislation and regulation adopted in response to the COVID-19…
Amenities Transition Due to Pandemic
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Here are the top amenities according to owners, developers and designers.
The COVID-19 pandemic has driven rental housing professionals to significantly and consistently adjust operations, and these changes have been witnessed in all aspects of residential real estate, including amenity offerings.…
Package Handling Up 50% Over 2019
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Driven by a variety of factors, a new report finds the onslaught of packages continues.
Online marketplaces have benefited from the change in consumer spending because of the COVID-19 pandemic. Online retailers and traditional brick-and-mortar stores have transitioned to shopping experiences that…
Rents on the Rise, But Pace of Growth Slowing
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New research reveals rents continue to increase, leaving only a handful of markets with rents lower than they were pre-pandemic.
Rents across the U.S. have pulled back slightly; however, they are still increasing dramatically since the start of 2021. The September Apartment National Rent Report…
Median U.S. Rent Continues Rising
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New York City overtakes San Francisco as the most expensive rental market.
New York City is officially the most expensive market in the U.S. For the first time since Zumper began tracking rental data, New York City surpassed San Francisco as the most expensive market for median one-bedroom rentals…
Worst Markets for Free Rent Slowly Recover
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Concessions and rent cuts, a vast majority of which were found at new buildings that were leasing-up during the pandemic, are quickly evaporating.
During the pandemic, desperate apartment managers offered as much as three months of free rent to lure renters to new, luxury towers in downtowns…
Extended Eviction Moratorium Survives Initial Legal Challenges
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Next stop, the U.S. Supreme Court.
Last week, U.S. District Judge Dabney Friedrich from the District of Columbia ruled against a case led by the Alabama Association of Realtors, leaving the new U.S. Centers for Disease Control and Prevention (CDC) eviction order …
Texas Owner, Operator Requires COVID-19 Vaccination
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Camden requires vaccine for employees, according to the Houston Chronicle.
Houston-based owner/operator Camden is requiring all employees to be fully vaccinated against COVID-19. According to the Houston Chronicle’s article, “Commercial real estate firm Camden requires COVID vaccines for employees…
NAA CEO Dispels Rental Housing Myths
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NAA President and CEO debunks apartment renting myths in his latest Washington Post column.
Renting an apartment is not a “backup option,” and renters are outpacing homebuyers nearly two and a half to one. In his latest article with the Washington Post, “Five myths about apartment renting,”…