Voices

Luis Mejia

Luis Mejia

Luis Mejia is director of U.S. Multifamily Research for CoStar Portfolio Strategy, a division of the CoStar Group. He can be reached at lmejia@costargroup.com.

Luis Mejia's Posts

Supply vs. ROI: The Pipeline for CBDs, Suburbs, and Premier Areas in Between Supply vs. ROI: The Pipeline for CBDs, Suburbs, and Premier Areas in Between

In this guest commentary, CoStar economist Luis Mejia looks at the pace of construction in central business districts, suburbs--and top spots in-between--and its possible effect on investment appetite. Read more

Posted on:
Small Apartments: Are We Building Too Many? Small Apartments: Are We Building Too Many?

Data from the past decade show the increasing popularity, and construction, of small units. But is the supply getting out of control? Read more

Posted on:
Sales of Newly Built Apartments Hint at Speed of Cycle Maturity Sales of Newly Built Apartments Hint at Speed of Cycle Maturity

Price per unit in primary markets is decelerating more quickly than in secondary markets. Read more

Posted on:
2Q Data Hint at Potential Market Peak 2Q Data Hint at Potential Market Peak

Figures from the first half of the year show that two key apartment-transaction indicators are on the decline. Read more

Posted on:
Cap-Rate Gap Between Older, Newer Properties Starts to Narrow Cap-Rate Gap Between Older, Newer Properties Starts to Narrow

Older property cap rates remain on a downward trend, suggesting sustained interest in ready-to-renovate properties, while newer asset cap rates are leveling off, suggesting a possible concern that recent deliveries could be more strongly affected by the growing supply wave. Read more

Posted on:
Close X