What do Greece's perilous position and Facebook's triumphant situation have in common with multifamily development? It's all about community.
It shouldn’t really be a surprise given that apartment sales have accelerated over the past year, but commercial and multifamily originations were 36 percent higher than they were during the same period last year, according to a report from the Washington, D.C.-based Mortgage Bankers Association.
Potential lenders are still not sufficiently convinced that energy-saving retrofits will result in meaningful savings for multifamily owners in the long run. And they worry that they won’t see their money back, so they are waiting to see positive data that shows otherwise.
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From Charlotte, N.C. to St. Paul, Minn., apartment owners were trading high volumes of units at a higher than normal rate as prime leasing season approaches. Here’s a look at a few of the larger acquisitions that were announced this week:
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Jeffrey Friedman, CEO of Cleveland-based Associated Estates Realty Corporation (AEC), wants the company to be known as more than an exclusively Midwestern operator. By adding units in Texas, the Southeast and mid-Atlantic, it has shed that image. But AEC’s Tuesday night announcement pushes its...
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An article today from the Wall Street Journal poses an interesting scenario that could have huge implications for Manhattan’s red-hot apartment market. Rental rates still continue to climb to pre-recession levels and beyond, according to April figures. But there could be a market killer looming on...
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Add Fitch Ratings to the number of people seeing apartment rents hitting their pre-recession peak. Last week, the New York-based ratings agency said its sector was approaching highs in rent, vacancies and pricing.
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After hearing the 2012 guidance for many of the public REITs during their first quarter earnings calls over the past week, it sounds like many companies have their sights set on ramping up acquisition efforts as we get deeper into the year. Here’s a look at a few of the noteworthy purchases that...
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Tomorrow's Bureau of Labor Statistics April Employment Situation Summary will either add to or suppress momentum on the household-formation front, which has unleashed pent-up demand and fueled apartment-demand fundamentals for a solid start to the new year.
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Is pricing in the sexy six getting overheated? Barry Sternlicht thinks so.
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No sooner has multifamily secured its moment as housing and construction's next big idea than competitors and experts see it losing steam thanks to overbuilding and jacking up rents beyond housing's breakpoint. Starting with a casual remark in a D.C. metro housing outlook seminar, one can see...
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This April, MFE profiled a number of renovations that hit the mark. But as this story out of Orlando warns, not all rehabs go as planned.
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With concerns about new rent control regulations rising, two New York landlords took their the The Supreme Court.
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Everyone talks about the shadow market, but no one seems to know how big it is. CoreLogic economist Sam Khater is taking steps to quantify that.
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From the East to West coasts, this week’s multifamily deals span across the entire country and range from large to small. On the heels of the recent announcement from Fannie Mae detailing robust growth in multifamily during the first quarter of 2012, sales continued to surge this week across the...
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Cranes are suddenly appearing in a lot more markets around the country than just Washington, D.C. As local media sees signs of life in apartments, stories begin circulate about new projects and ultimately, about supply coming online. And in some places, oversupply concerns are already starting to...
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Tomorrow is the deadline for EQR to make a second bid on Archstone. Nothing has come out yet, but an investment banking firm has some guesses on what’s happening with the negotiations.
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You'd think reports of rising rents and almost no vacancy in parts of New York and San Francisco would be music to the ears of landlords. But is it really?
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A recent Archstone case shows that landlords charging pool, gym and outdoor grill fees in Massachusetts is against the law.
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This week there were several deals announced that prove that apartment owners are confident that the rental trend is only going to continue in the months and years ahead. Here a few of the notable transactions: