Category: economics
-
To the moon? Apartment rents + momentum = ?
Another banger from the incomparable Jay Parsons via LinkedIn. Click on Mr. Parsons name for full article and others. While the main focus is on Austin, TX, I highlighted this research and article due to two Florida cities making the…
-
Grab a brown bag and take some deep breaths… US Housing Starts Slow, Giving Apartments Room to Recover
US housing starts are slowing, reducing future supply and giving apartment owners a clearer path to stronger rent growth by 2027. via Jordan B via CRE Daily <— Click here for similar articles For multifamily investors, the biggest story in housing may…
-
How much cheaper is it to rent an apartment versus owning a house today? – research by the incomparable Jay Parsons.
By Jay Parsons – click here to visit Jay and his other well researched articles. How much cheaper is it to rent an apartment versus owning a house today? Well, it’s a lot. Nearly everywhere — and not just in…
-
New York, New York. Concrete Jungle of Dreams and rent control.
NYC Freezes Rents for 1M Regulated Apartments NYC approved a rent freeze for 1M rent-stabilized apartments, increasing financial pressure on multifamily owners. By Valerija via CRE Daily <— Click here for complete article Tenant Activism Shapes Policy New York City’s…
-
Five-Year Conduit Loans Overtake 10-Year as CMBS Standard
Ten-year CMBS conduit loans lost favor after 2022 as borrowers chose five-year debt, though spreads still support select deals. By Valerija via CRE Daily <— Click Here for complete article Shorter Durations Take Hold Borrowers are dumping the traditional 10-year…
-
No-Maaaaahhh. Massachusetts Rent-Control Push Blocked by State High Court
Mass. high court blocks rent-control ballot measure after landlord and developer challenge, keeping it off November’s ballot. By Valerija via CRE Daily <— click here for more articles by Valerija Massachusetts’s Rent-Control Debate Reaches Judiciary Landlords and developers secured a…
-
Multifamily Drives US CRE Mortgage Debt Past $5 Trillion
Multifamily mortgage debt powered US commercial mortgage balances past $5T in Q1, as banks and agencies outpaced CMBS in a bifurcated market. by Valerija via CRE Daily <— Click here for more CRE articles by Valerija. Multifamily Momentum Powers CRE…
-
Federal Reserve removes easing bias, policymakers see a hike as more likely than a cut this year
The knee-jerk move for stocks was to the downside. Hot Tub Warsh-ing Machine By Luke Kawa via Sherwood news <— Click here for article In an incredibly brief statement, the Federal Reserve voted to keep rates unchanged at a range of 3.5%…
-
Multifamily Starts Plunge 42% as Financing Pressures Mount
A stunning drop in apartment construction signals that today’s financing environment is forcing multifamily developers to hit the brakes. – Article via CRE Daily <— By the numbers: U.S. housing starts fell 15.4% in May to a seasonally adjusted annual rate of 1.18M,…
-
Construction Costs Jump 9.6% as Materials Spike in May
By Jordan B via CRE Daily —> Click here for link to complete article Construction costs rose 9.6% YoY in May, outpacing bid prices and squeezing contractor margins as materials and fuel climbed. Post-Pandemic Inflation Hits Construction Input Costs Construction…
The Commercial Real Estate Alpha Site 