New search data reveals prospective residents are increasingly seeking outdoor space.In an effort to understand how the pandemic is affecting the prioritization of amentity offerings as renters search for a new apartment, Zumper reviewed its search…
The National Apartment Association (NAA) and National Multifamily Housing Council (NMHC) spearheaded a broad coalition letter signed by ten housing providers following a request from the Federal Housing Finance Agency (FHFA) to provide comments on a…
House and Senate lawmakers on April 15 introduced the Affordable Housing Credit Improvement Act of 2021, which would expand and enhance the Low-Income Housing Tax Credit (LIHTC).The bill would make permanent and augment by an additional 50% the…
After a significant merger and with a crowded transactions market, MAA has shifted gears.When MAA bought Atlanta-based, public REIT Post Properties in December 2016, two complementary multifamily portfolios with a combined asset base comprising…
Optimism Springs EternalU.S. Apartment MarketRising rental rates and rampant leasing activity during Q1 2021 indicated that the multifamily housing market is turning a corner. Pent-up demand driven by employment growth and the widespread…
Ashcroft Capital enters the Atlanta market with acquisition of suburban community.Multifamily investment firm Ashcroft Capital has established itself in the Atlanta market with the acquisition of Halston Riverside. The garden-style community is in…
A new rule will require “debt collectors” to provide renters written notice of their rights under the CDC Eviction Order.On April 19, the Consumer Financial Protection Bureau (CFPB) issued an interim final rule requiring “debt collectors” to provide…
One of the largest affordable multifamily owners and managers in the U.S. is supporting local communities and its residents with a give-back program.In a time when the pandemic has forced people apart through social distancing, one multifamily owner…
In this edition of NAAEI’s Apartment Jobs Snapshot, apartment job listings comprised nearly 36.6% of available real estate positions during the first quarter, well above the five-year average of 28.6%. Property management positions were in highest…
NAA and NMHC applaud President Biden, his administration and lawmakers in both parties for their important work, including passage of legislation that includes tens of billions in rental assistance. As the President noted in his remarks, this…