Tag: multifamily
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How to increase multifamily tenant retention
By MRI Software via Multifamily Dive <— Click here for complete article and similar news Tenant retention is a critical performance driver in multifamily property management. While attracting new renters is important, retaining existing tenants is often far more cost-effective and…
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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…
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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…
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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…
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45% of Americans say they’re not taking a summer vacation this year, mostly due to costs
Flight comparison site Skyscanner is recommending some cheaper alternatives closer to home. By Tom Jones via Sherwood News <– Click here for more articles by Tom. We’re starting to get to that stage of the year where the wintry dreams…
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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…
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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%…
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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,…
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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…
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Do you own a retail plaza / strip mall / neighborhood center?
If so, we want to connect with you at your earliest convenience! If you need assistance with leasing, we can help. If you have considered selling, we have buyers in hand ready for consideration. If you are looking to acquire…