News
News
U.S. Rents Continue Exponential Growth Pace
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Rents across U.S. continue climbing—localizing in larger, tech markets.
Rising rents across the U.S. are not backing down after another jump in September. The monthly rental report from Realtor.com shows September rents are up 13.6% year over year (YoY)—about four times higher than pre-pandemic…
Ancillary Income: It’s Not a Game of Hide-And-Seek
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Services help highlight ways to increase secondary income.
The term "ancillary income" has a positive perception among apartment industry professions. Unfortunately, when its charged to the resident, it's often translated into one of the most negatively perceived words in the English…
Detailed Analysis: How Will President Biden’s Build Back Better Framework Offsets Impact the Multifamily Industry?
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What offsets remain on the table, what's out and how it affects the rental housing industry.
President Biden on October 28 went to Capitol Hill and released an updated framework for the Administration’s Build Back Better “human infrastructure” plan. After months of negotiations…
Occupancy Soars to Record Rate
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U.S. occupancy rates climb across metros, backed by Class C apartment growth.
Market-rate apartment occupancy is at a record high. According to a RealPage analytics blog by Chief Economist Greg Willett, occupancy is at 97.3%, 230 basis points (bps) higher than what is considered a healthy rate of…
Housing Starts, Permitting Hindered by Material and Worker Shortages
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Higher materials costs, supply chain issues and a shortage in skilled workers continue to affect new construction.
The latest data from the Census Bureau and Department of Housing and Urban Development reveals building permits, housing starts and housing completions all declined month-over-…
Cushman & Wakefield Invests $500M in Greystone
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Cushman & Wakefield strengthens presence in rental housing industry.
Real estate services firm Cushman & Wakefield and Greystone, a commercial real estate finance company, are combining forces on a strategic joint venture to provide advisory services and capital solutions for clients. The…
Developing An Emergency Preparedness Plan to Manage Supply Chain Disruptions
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The first component of a preparedness plan is to develop contingencies and solutions with multiple suppliers.
Public safety emergencies such as COVID-19 are challenging for everyone in a multitude of ways. In the rental-housing industry, economic pressures can escalate quickly in times of…
Marketing Your Community’s Positive Resident Experience
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Three ways to help make prospects aware that your current residents are happy.
So, you’ve succeeded in creating a relatively positive resident experience at your property, but how do you effectively market it?
After all, your property is providing a service, probably the most important service of…
Meet Gen Z: Understanding the Next Generation of Renters
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Social media and fast website loading times grab the attention of the Digital Generation.
Maybe they weren’t born with a mobile device in their hands, but that’s not an extreme exaggeration; the Gen Z demographic has grown up exclusively in the digital age. …
Apartment Vacancies at All-Time Lows
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Apartment vacancy rates register lows not seen in decades.
Apartment vacancies are at an all-time low—again—going back three decades. September was the fourth consecutive month of record-breaking low vacancies at only 2.7%, according to a RealPage analytics blog by Jay Parsons, Deputy Chief…