Industry Insider

A weekly newsletter covering a broad range of topics affecting rental housing.

Industry Insider

A weekly newsletter of noteworthy articles pertaining to our industry.

Property Tax Increases on Horizon for Rental Housing Providers

November, 2022 | Updated November, 2022

Property tax increases are coming and are impacting the rental housing industry across the Sun Belt.A recent article from Bloomberg reviews several companies in the industry and what they expect to see regarding the increases. American Homes 4 Rent and Invitation Homes both said property taxes will…

Rent Growth Cools in October

November, 2022 | Updated November, 2022

Rents across the U.S. are easing slightly, but the data is still fairly market specific. Both the Zumper National Rent Report and the Apartment List National Rent Report for the month of October saw declines in rent prices.Zumper reports median one-bedroom rent declined 0.8% compared to the…

Apartment Market Conditions Weaken in Q3

November, 2022 | Updated November, 2022

Apartment sales and financing are among market conditions showing a slowdown in the third quarter of 2022. The latest Quarterly Survey of Apartment Market Conditions from the National Multifamily Housing Council (NMHC) reports market tightness, sales volumes, equity financing and debt financing…

Rent Control Ballot Question Halted in Orange County, Florida

October, 2022 | Updated November, 2022

On October 27, 2022, the Florida Fifth District Court of Appeals halted Orange County’s rent control ballot question, overturning a previous district court decision made last month. Overview In August, Orange County commissioners voted to place a rent control question on this election cycle’s…

Renter Voter Turnout Increasing

October, 2022 | Updated November, 2022

Renters are closing the gap with homeowners regarding voter turnout. The midterm elections are next week, and Apartment List reviewed voting habits between the two cohorts. While the gap between homeowners and renters has been larger in midterm elections, presidential election years have also…

Under-The-Radar Community Upgrades and Strategies

By Darren Rawson | October, 2022 | Updated October, 2022

According to the National Multifamily Housing Council, nearly 80% of the country’s existing apartments were built prior to the year 2000 — meaning a majority of U.S. multifamily properties often compete in today’s tight rental market with outdated layouts and less-than-ideal amenities.Add in…

Former NAA Chairman Rick Graf Retiring

October, 2022 | Updated November, 2022

Former National Apartment Association (NAA) Chairman of the Board Rick Graf is retiring. His last day as President, Multifamily, Asset Services at Cushman & Wakefield will be Dec. 31. Woody Stone was promoted to serve as President of U.S. Multifamily Asset Services, according to a release from…

Navigating the Ins and Outs of Data Privacy

October, 2022 | Updated November, 2022

New state-level data privacy laws in California, Colorado, Connecticut, Utah and Virginia go into effect in 2023. These changes will have a direct impact on companies in the multifamily housing space. To inform members of these upcoming changes, NAA’s Legal Affairs team hosted “Navigating the Ins…

Updates on the Biden Administration’s Housing Supply Action Plan

October, 2022 | Updated November, 2022

On Friday October 7, 2022, the Biden Administration announced its progress toward the implementation of the Housing Supply Action Plan previously announced earlier this year. The plan outlined goals aimed at closing the housing supply shortfall in five years, beginning with the creation and…

Greystar Expands into Multifamily Lending

October, 2022 | Updated October, 2022

Greystar Real Estate Partners, LLC has announced it will expand its reach within the rental housing industry with senior mortgages, mezzanine loans and preferred equity to multifamily owners and developers in the U.S.Because of its initial venture into the credit world in 2018, “we are well-…