Developers opened a tremendous number of new apartment units in 2017. But the percentage of apartments that are occupied has barely shifted, despite competition for potential residents. Rents continue to grow in most markets. That’s good news as multifamily developers look forward to another busy year in 2018 with even more new apartment properties scheduled […]
The city’s multifamily market displays solid fundamentals and a diverse economic profile, although it remains challenged by a substantial amount of new supply. Miami’s multifamily market is heading into a healthy 2018. It displays solid fundamentals and a diverse economic profile, although it remains challenged by a substantial amount of new supply. While rent growth […]
Unemployment rates were lower in February than a year earlier in 319 of the 388 U.S. metro areas, according to the Bureau of Labor Statistics. Nearly concurrent with the national employment report released late last week, the Bureau of Labor Statistics also reported that unemployment rates were lower in February than a year earlier in […]
Following the Chinese government’s announced restrictions on outbound capital flow, the country’s investments in U.S. commercial real estate dropped significantly in 2017, according to Cushman & Wakefield’s 2017 China-U.S. Inbound Investment Capital Watch report. Chinese investment in U.S. commercial real estate dropped dramatically in 2017 after China’s State Council implemented a framework regulating outbound investments, […]
The Tax Cuts and Jobs Act is the most monumental tax change in 30 years. What does it mean for multifamily? The Tax Cuts and Jobs Act (TCJA) was signed into law on Dec. 22, 2017. This sweeping tax reform is the most monumental tax change in 30 years and will have an impact on […]
David Brickman, head of the GSE’s multifamily mortgage business, offered his 2018 industry outlook at MBA’s CREF/Multifamily Housing Convention & Expo in San Diego. Click Here For The Full Article