Eighteen associations representing housing providers, lenders and residents today sent a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson warning that mandatory rent control and rent stabilization policies will increase…
CPI, Latest Release, July 2023
Despite a year-over-year increase in the headline number, inflation came in below expectations once again, up 3.3% seasonally adjusted. Core CPI, arguably more important given its persistence, continued to…
How small can a micro-apartment get? A new apartment community in Seattle’s University District neighborhood might be testing the limits. A 130-square-foot unit in the building is renting for $750 per month.
The unit has a toilet and shower that…
Adaptive reuse projects saw a slight decline in 2022, but RentCafe reports the future is strong for apartment conversions. There were just over 10,000 apartments converted in 2022, according to the new research.
Much of the discrepancy was found…
Innovation means different things in multifamily. What first comes to mind is proptech, but innovation has shifted to new spheres; many operators are now prioritizing the pet experience, which spans pet owners, residents without pets, onsite teams…
Renters want flexibility, while resident experience drivers differ by generation. According to a study from RealPage and The Center for Generational Kinetics, 66% of renters are satisfied with their current housing, while 51% of Gen Z renters said…
While multifamily permits, starts and completions were down for July, the latest data from the Census Bureau shows a new high for multifamily units under construction. According to Reuters, multifamily housing reached a record 986,000 units under…
When it comes to waste management, today’s world isn’t making it an easy task to fulfill. From an increase in residents working from home and a majority of consumers making purchases online to ESG reporting requirements and mandates, many operators…
As we predicted last year, advocacy in 2023 is defined as much by regulatory action as it is by legislative activity. With a divided Congress and a rocky path to passing legislation he favors, President Biden is investing heavily in federal…