MultifamilyExecutive: Occupancy and Vacancy Rate

Keeping Turnover Costs Low

Wed, 20 Feb 2013 02:01:32 EST

There are numerous factors apartment owners must contend with to turn their empty units in to filled, profitable ones. Here's some tips from industry insiders.

UDR Focuses on Trimming "Make-Ready" Time

Thu, 17 Jan 2013 12:51:52 EST

For Highlands Ranch, Colo.-based UDR, finding new efficiencies in the turnover process is a priority for 2013.

Time Is Money: Reducing Unit Turnover Time

Tue, 8 Jan 2013 11:09:25 EST

Having control over move-out dates can be a crucial factor in cutting maintenance costs during the time between tenants.

Multifamily Still a Choice Investment

Mon, 10 Dec 2012 10:59:25 EST

Increased liquidity, Fed support, favorable demographics buoy the apartment sector despite growing supply and slow wage gains.

Top 10 Metros with Highest Occupancy Rates

Tue, 20 Nov 2012 02:13:10 EST

Across the board, occupancy rates were up during the third quarter of 2012, according to the latest data from Dallas-based Axiometrics. Here’s a list of some cities among the highest in average occupancy as of September 30.

Temporary-Worker Growth Boosts Apartments

Wed, 28 Mar 2012 12:20:27 EST

As job creation has picked up over the past couple of months, one key segment has played a big role in the surge. And that could be good news for apartment owners.

2012 Promises to Take Multifamily’s Drivers on One Hell of a Ride.

Wed, 4 Apr 2012 04:31:27 EST

2012 promises to take multifamily’s drivers on one hell of a ride.

Apartment Occupancies Set to Hit Historical Highs

Wed, 11 Jan 2012 05:29:04 EST

Apartment Occupancies Set to Hit Historical Highs

Smaller Owners, Larger Owners see Different Recoveries

Thu, 22 Dec 2011 11:38:10 EST

Smaller Owners, Larger Owners see Different Recoveries

REITs See Record Low Move-Outs for Homeownership

Thu, 22 Dec 2011 11:36:08 EST

Apartments have been filling up for the past year. And judging from the REITs' first-quarter conference calls, a lot of the people in those apartments might have been home buyers just a few years ago.

Reis Report Highlights First Quarter Strength

Thu, 22 Dec 2011 11:36:05 EST

For much of the economy, Victor Calanog, vice president of research and economics at New York-based Reis, said the first quarter of 2011 was a disappointment. Gross Domestic product (GDP) dropped from 3.1 to 1.8 percent. The contribution of personal consumption expenditures and residential investment to GDP also fell. And, until March and April, job growth was disappointing in 2011.

Reis Sees Historic Tightening in the First Quarter

Thu, 22 Dec 2011 11:34:47 EST

Apartment analysts expected fundamentals in the first quarter of 2011 to be strong. But New York-based research firm Reis says it was even better than expected, particularly in apartment absorption rates.

An Unequal Recovery

Thu, 22 Dec 2011 11:32:48 EST

When it comes to falling vacancies, institutional-grade owners have it much better than smaller apartment operators.

Multifamily Sector Posts Record Occupancy Gains

Thu, 18 Nov 2010 11:25:20 EST

The multifamily real estate sector posted its greatest quarterly occupancy gain in the third quarter and is poised to continue to benefit from single-family housing market decompression throughout 2011, commercial real estate economists said this week in separate forecasts delivered by New York City-based REIS and Washington, D.C.-based Jones Lang LaSalle.

Economists Declare that Multifamily is in the Throes of a Recovery

Thu, 14 Oct 2010 11:05:43 EST

A panel of economists at the MFE Conference held in Las Vegas last week reinforced the sentiment of the entire event: Multifamily is a good place to be with a future that is brighter than expected.

Unemployment Could Thwart the Recovery

Tue, 27 Dec 2011 05:21:15 EST

Unemployment Could Thwart the Recovery

Oil Spill Affects Gulf Coast Apartments

Wed, 14 Jul 2010 01:04:42 EST

In Lafayette, La., the 116-unit property Highlands of Grand Pointe went on the market before the Deepwater Horizon blew and oil began spilling into the Gulf Coast . By the time the property traded in July, the first buyer had dropped out and a second buyer paid 10 percent less for it.

A Jobless Recovery is Nothing More Than an Illusion

Tue, 27 Dec 2011 05:21:20 EST

Market fundamentals don't support the recovery that's been seen in the first half of the year. What's going on?

Unbundling Helps Landlords Push Rents

Thu, 24 Jun 2010 12:55:12 EST

Some of the biggest names in the apartment industry reported significant improvement in their occupancies in rents in the first half of 2010. And in April, May, and June, things have gotten even better. But the growth isn't being driven by job growth. A new phenomenon of unbundling looks to be playing a role.

Three Under-the-Radar Construction Markets

Thu, 8 Jul 2010 03:14:31 EST

As the rental markets turns in many areas of the country, some small markets actually look ripe for new development. In search for that, we contacted New York-based Reis. The firm culled its apartment sector database for metros that have experienced low supply growth relative to the metros’ historical long-term averages. Here is a look at those three markets it says could be fertile for growth: