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Some of the biggest names in the apartment industry reported significant improvement in rents in the first half of 2010. But the question is: How have those numbers improved without significant job growth?
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With nearly 5,000 apartment units added to downtown Chicago since 2008 and unemployment hovering in the low double-digits, you’d think the Windy City is a multifamily market nightmare.
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As the apartment recovery takes shape, market watchers have pretty much agreed on a term to describe the way things are progressing so far—surprise.
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E&S Ring Management and Oakland, Calif.-based multifamily electronic payments provider PropertyBridge will release a white paper on the firm’s migration to an electronic platform next week. Prior to the release, E&S Ring controller Ryan Schnobrich checked in with Multifamily Executive senior editor...
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Multifamily renovations nose dive in 2009 as operators halt work until improving fundamentals can support rent increases.
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After a significant drop-off in renovation production, most operators see future growth.
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CBRE’s predicted 2010 apartment vacancy decline hinges on an employment uptick.
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New York-based Reis says that apartment vacancies have hit record highs and will move higher. Conversely, RealFacts, a Novato, Calif.-based apartment data provider, saw occupancies rise in 29 of the 33 MSAs it covered in its third-quarter report. Neither of the conflicting reports, however...
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Young professionals keep this North Carolina city's multifamily community looking ahead.
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MULTIFAMILY EXECUTIVE Senior Editor Chris Wood rounds up interesting and intriguing news tidbits. This week’s quirkifications: furballs, floaters, and $6,300 rent cuts.