Apartment Business Update
A quarterly newsletter covering investment trends in the apartment industry.
What the Passing of the Inflation Reduction Act Means for Rental Housing Providers
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The $740 billion Act includes provisions that may affect the rental housing industry. On Aug. 16, President Biden signed the Inflation Reduction Act (IRA) of 2022, ending months of negotiations on a bill totaling over $700 billion. In a significant win for the rental housing industry, the…
CRA Proposal Draws Industry Response
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Rental housing industry reacts to the issuing of a proposed rule by banking regulators that would update the 1977 Community Reinvestment Act.
Banking regulators issued a proposed rule that would update the 1977 Community Reinvestment Act (CRA), which was last updated in 1995. NAA and NMHC joined…
Industry Thought Leaders Share What ‘Success in a New Light’ Could be All About
By Paul Bergeron | | Updated
NAA’s Apartmentalize welcomed a record-breaking crowd to discuss, debate and learn the key issues driving today’s winning property management strategies and tactics.The trademark camaraderie, networking and chance to make new friends was back in full force at the 2022 Apartmentalize conference in…
Mapping the Way to a Better Apartment Search
By Morgan Dzak | | Updated
To meet the demands of prospective residents, the apartment industry is raising the bar for apartment search with visual, personalized experiences.Modern consumer behaviors are shaped by rapid advancements in online purchasing and the desire for instant gratification. Online shoppers are one click…
A Smart Home Trilogy to Optimize Operations and Teams
By Doug Pike | | Updated
Smart locks, thermostats and leak detection sensors complement the functionality of one another to a degree that amplifies the individual value of each.Smart home technology is revolutionizing how renters live and how operators conduct business. While each smart home solution has its own intrinsic…
Proptech for a Touchless Today and Tomorrow: COVID’s Lasting Influence
By Paul Willis | | Updated
While some of the newfound proptech might only be useful in certain circumstances, the industry now has abundantly more options for nearly every facet of property management.Whether an organization could be described as tech-savvy or tech-averse, it didn’t matter when the pandemic arrived. There…
Rent Increases Cooling in Summer
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Newly released data shows rents increasing, but growth is slowing for one-bedrooms.Rent growth continues throughout the U.S., but new data shows rents have the possibility of cooling in the coming months. The latest National Rent Report from Zumper shows median one-bedroom rent increased 0.5%…
Consistent Rent Growth Continues in June
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Slower than 2021, rent growth in 2022 still tops pre-pandemic years.Rents continue their steady rise across the nation. According to the July 2022 Apartment List National Rent Report, the national index increased 1.3% during June. This consistent month-over-month (MoM) growth puts rent growth ahead…
SEC Climate Proposal Would Increase Costs, Lower Returns
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The SEC is moving to require publicly traded companies to make certain climate-related disclosures, which will have significant implications for the rental housing industry. Upon further analyzing the United States Securities and Exchange Commission's (SEC) proposal to require climate-related…
Multifamily Completions Jump in May
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Despite the large climb in completions, permits and starts suffered.Multifamily housing completions soared in May to their highest level since the end of last year. According to the latest residential construction data from the Census Bureau and the Department of Housing and Urban Development,…