Author: Suraj Shrestha
Suraj Shrestha is an associate at Harborside Partners. He has been taking the lead role on research projects; to develop and implement online marketing strategies for search engine optimization and social media marketing. He is one of the core parts for helping to grow business revenue and the company’s online presence.
The Multifamily Book Is Closed On 2022–What’s In Store For 2023?
Multifamily asking rent growth recorded its second best year this century in 2022, though it finished the year on the downside due to weakening demand and robust supply growth that has occupancy rates sinking, Yardi Matrix writes in a year-end report. “What do we expect in 2023? Despite headwinds, the market has positive drivers,” Yardi […]
Self Storage Rents Decline
Despite continued deceleration, average street rates remain above pre-pandemic levels, according to Yardi Matrix. The long-term outlook for the self storage sector remains positive, despite the trend of decelerating street rents, as seasonality and ongoing instability paired with higher debt costs affect demand. As of November, the overall national street rate was $142, another 70-basis-point […]
The Multifamily Book Is Closed On 2022–What’s In Store For 2023?
Multifamily asking rent growth recorded its second best year this century in 2022, though it finished the year on the downside due to weakening demand and robust supply growth that has occupancy rates sinking, Yardi Matrix writes in a year-end report. “What do we expect in 2023? Despite headwinds, the market has positive drivers,” Yardi […]
Poll: Top 2023 Challenges for Multifamily
In the most recent monthly MHN poll, readers were asked to name the top challenge that their companies will face in 2023, particularly in light of an increasingly cloudy economic horizon. Nearly three quarters of respondents see interest rates and capital availability as the year’s No. 1 issue, in no small part due to volatility […]
Total Commercial and Multifamily Borrowing and Lending Expected to Fall to $700 Billion in 2023
Total commercial and multifamily mortgage borrowing and lending is expected to fall to $700 billion this year, which is a 5 percent decline from an expected 2022 total of $740 billion. This is according to an updated baseline forecast released today by the Mortgage Bankers Association (MBA). Multifamily lending alone (which is included in the […]
What Experts Expect for Student Housing in 2023
Specialists weigh in on what this year holds for this dynamic sector, in the third installment of our outlook series. The student housing sector continued to prove its resiliency in 2022 as more students returned to campuses and resumed face-to-face classes following the health crisis. Rent growth remained robust, with 96.6 percent of beds at […]
Upgrade Your Rental: Best Cities for Finding New Apartments in 2023
Boca Raton, FL, is the best city for finding new apartments in highly desirable locations. It’s getting harder and harder to find apartments these days, as rentals are a red-hot commodity and more renters are deciding to renew their leases and stay put — so much so that apartment buildings are almost full in every […]
NAA, NMHC Sound Alarm Over New Federal Rules
EPA’s regulations will burden multifamily developers with delays and added costs, the organizations argue. The National Apartment Association and National Multifamily Housing Council have gone on record as being disappointed in a United States Environmental Protection Agency regulation redefining and expanding what “waters of the U.S.” (WOTUS) means under the Clean Water Act. The organizations […]
2023 corporate treasury trends
Corporate treasury and accounting teams face a daunting list of concerns as they plan for 2023. Inflation at multi-decade highs, a war in Europe for the first time in 75 years, global central bank tightening, a roller coaster ride in on equity prices, and recession fears all pose challenges to profitability. As you consider whether […]
9 Key Rental Market Trends From 2022 and Impact on 2023
As we close out the year, the Apartment List research team has rounded up a summary of the key rental market trends that defined 2022 and those expected to define 2023. Here is a look at national trends, regional trends and key themes for 2023 to help make you more informed about 2023. No. 1 […]
