The Federal Housing Finance Agency (FHFA) has revised the types of loans that would not count towards the calculation of the $30 billion production lending caps that Fannie Mae and Freddie Mac each operate under for multifamily loan purchases this…
SACRAMENTO - A California bill that would have extended housing protections to ex-offenders has been held over for consideration in 2016 after the sponsor, Assemblyman Reggie Sawyer-Jones (D), requested the Appropriations Committee cancel its…
With residents spending even more time on their smartphones today, apartment managers are relying on texting to stay in touch.
“Glued to their phones” is how community manager Nicole Hamber, Morehead West in Charlotte, N.C., describes her…
New York City is taking steps to address the recent fires involving e-bikes and lithium-ion batteries. The New York City Fire Department is requiring apartment owners to distribute a fire and emergency preparedness bulletin to staff and residents.…
The apartment absorption rate is at a 25-year high following a solid second quarter performance.The National Association of Home Builders analyzed data from the Census Bureau’s Survey of Market Absorptions of New Multifamily Units to find the…
CPI, Latest Release, November 2022
Once again, inflation came in lower than consensus forecasts, measuring 7.1% year-over-year and just 0.1% over the month. Core inflation, excluding food and energy, was up 6.0% and 0.2%, its lowest increase…
While Republicans, as predicted, will take over control of the House of Representatives in 2023, no one foresaw a razor-thin four-seat majority (222–213). In the Senate, Republicans were only given a roughly 50/50 chance of taking the chamber, but…
The rental housing industry has gracefully adapted and evolved during the current economic climate and global atmosphere. Nearly three years ago, the world came to a halt, causing many, not just multifamily businesses and professionals, to re-…
The Main Building at the Illinois Institute of Technology, in Chicago, has been vacant since 2012, but its about to get some new residents. The historic structure, which was built in 1893 and was designated a landmark in 2004, will be converted…
Multifamily starts declined 4% in October, according to Dodge Data & Analytics. Despite the drop, multifamily starts are ahead of single-family starts 26% to 10%, respectively, during the first 10 months of 2022 compared to the same period in…