Multifamily Posts

The lack of affordable housing is underscored by surging rent growth across the nation, especially in the last few years. While rent continues to climb, wages have not. In fact, rent growth has outpaced wage growth in 44 out of the 50 largest United States metros since 2020, according to data from Zillow® and...

The senior housing market is finally turning around for investors, who had high hopes of surging rents and soaring occupancy levels prior to the pandemic. The pandemic significantly impacted senior communities with high death rates, resulting in elevated vacancy rates. However, occupancy rates at private-pay senior...

Defying the longstanding tradition of “flying the nest,” a staggering 68% of young Gen Z adults are opting for the comforts of familial homes over independent living. RentCafe published a report that takes a closer look into the generations that are choosing to live at home for the foreseeable future. This...

As we step into 2024, the real estate landscape is poised for a variety of challenges and opportunities. In this post, we break down highlights from Yardi Matrix’s Multifamily National Report for 2024 — including what to expect for rent growth, the overall multifamily sector, the economy and capital markets,...

In 2023, the Midwest emerged as the most competitive region for rentals, boasting three of its markets within the top five nationwide, according to research by RentCafe. While a majority of the U.S. experienced a softening in rental competitiveness, the Midwest defied the trend. The region’s allure lies in its...

The U.S. is currently undergoing a significant resurgence in new apartment construction, evident in the increased presence of cranes adorning the skylines of major cities. This surge is reshaping specific neighborhoods into vibrant hubs for brand-new apartments, attracting primarily young, high-earning individuals...

The National Multifamily Housing Council recently released its Quarterly Survey of Apartment Market Conditions for October 2023, shedding light on the state of the multifamily real estate market. The findings reveal that, despite several challenges including high interest rates, credit availability and the state of...

With an abundance of empty office space and a shortage of affordable housing, people ask, “Why don’t we just convert the space to housing?” More than 10,000 residential units were created nationwide through conversions last year, and tens of thousands more are expected to come online in the coming years,...

Now that we are well into October, the CBC team continues to monitor and evaluate the cities with the highest multifamily demand last month. Examining RentCafe’s market insight report reveals renter online activity to identify top in-demand cities for apartments. The Midwest dominated with 11 cities in...