Multifamily / Page 3

2024 Multifamily Market Report Southeast | Review + Outlook Atlanta, GA Experiencing recent relief, Atlanta closed Q3 2023 with the strongest positive absorption in nearly two years. The positive absorption was accounted for by high-end properties (Class A), while negative absorption was seen for low-to-moderate income properties (Class C). Atlanta has 32,000 units under construction, […]

Multifamily Operating Expenses Continue to Climb | The Current Cost Landscape Despite solid multifamily demand, rising operational expenses have put a strain on multifamily owners nationwide. According to GlobeSt, operational costs for apartments grew by 8.6% year-over-year (YOY) in Q2 2023, while operating expenses have risen 28% in the last 12 months, resulting in higher […]

Costa Mesa Multifamily Market Report Multifamily Market Overview Costa Mesa is a vibrant submarket located in Orange County, CA, known for its diverse culture, thriving arts scene, and recreational opportunities. The submarket is home to South Coast Plaza, one of the largest shopping centers in the U.S. The market’s multifamily sector experienced a resurgence in […]

2023 Denver End of Year Multifamily Market Report Denver Overview Over the past decade, Denver’s population has grown by 11.7%, outpacing the national benchmark of 5.6%. Denver’s economic strength is attributed to its highly educated workforce, a globally connected airport, and a low-tax environment. The region is home to 10 Fortune 500 Companies, including notable […]

Huntington Beach, CA Multifamily Market Report Overview Huntington Beach, located in Orange County, CA, is a vibrant coastal city known for its stunning beaches, surfing culture, and outdoor recreational activities. Within the submarket, the Class C segment is the most dominant subtype, with 7,222 units. There are 5,721 Class B units and 2,886 Class A […]

Has the Bond Bull Run Come to an End? In the world of commercial real estate, the age-old Wall Street adage about bull and bear markets still holds true. Bull markets take the stairs up, and bear markets take the elevator down. Unlike the dramatic crash of Black Monday, the current market decline is unfolding […]

North Hollywood Multifamily Market Report North Hollywood Market Overview This annual market report extensively explores the transactional and investment dynamics within the North Hollywood, Valley Village, and Valley Glen submarkets. Analyzing the multifamily transactions of 2023 allows investors to discern the evolving market landscape, enabling better preparation for 2024. This North Hollywood report aims to […]

Increase in Real Estate Lending in 2024 The CRE sector is grappling with elevated interest rates, an economic slowdown, and stringent credit criteria. The impact of high-interest rates is evident in the performance of loans, posing challenges for refinancing, especially amid valuation difficulties. On the bright side, while the challenges from 2023 may persist to […]

A Balancing Act | The Ongoing Challenges Facing Multifamily Supply Multifamily development continues to make headlines, with over 900,000 units underway across the U.S. as of Q3 2023. Apartment demand weakened in late 2022 and continued into 2023, and although the trend is reversing, is it reversing fast enough? Many markets are reporting a supply […]