For the last 36 months…I have been following closely the shortage of multifamily units due to lack of new construction plus limited access to capital/financing. The article below in the WSJ…referencing a shortage of 2.5 million units—is the largest number that I have seen/read in print. Supply Shortfall Persists For Apartments http://blogs.wsj.com/developments/2012/01/24/supply-shortfall-persists-for-apartments/?mod=WSJBlog&mod=WSJ_Real%20Estate_BLOGSDEVELOPMENTSFEED Your take on […]
Archive for the ‘1. Multifamily News’ Category
Supply Shortfall Persists For Apartments
Tough Times For Behringer Harvard
In light of the overall great news for the property management sector—from 2011 and the anticipated trends into 2012…a bit off to read the two stories below, right? And the departure of two key executives plus their fund dropping by 96%…raises many flags, yes? Tough Times For Behringer Harvard http://www.investmentnews.com/article/20120122/REG/301229985 Behringer Harvard Client Wants Answers, […]
Multifamily Vacancy Rate Reaches 10-Year Low
Quite a group of articles below…all sharing positive trends about the multifamily sector, yes? Multifamily Vacancy Rate Reaches 10-Year Low http://www.bloomberg.com/news/2012-01-05/u-s-apartment-vacancies-decline-to-a-decade-low-of-5-2-rents-increase.html Benefits Accrue For Luxury Apartments http://www.reit.com/Videos/Benefits-Continue-to-Accrue-for-Luxury-Apartments.aspx MPF Reports 2011 Apartment Market Revenue http://www.realpage.com/company/news/realpage-mpf-research-division-reports-robust-revenue-growth-for-the-us-apartment-market-in-2011 December Stronger Job Growth, Apartment Vacancies Drop in 2011 http://www.cpexecutive.com/featuredcontent/economy-watch-december-saw-stronger-job-growth-apartment-vacancies-drop-in-11/?utm_source=WhatCountsEmail&utm_medium=CPE%20Daily+–%20All%20Recipients%20–&utm_campaign=CPE%20Daily%20Newsletter Apartment Trends For 2012 http://www.propertymanager.com/2012/01/2012-rental-housing-and-apartment-rental-market-trends/ Your take on these articles? How […]
Oil Prices Soars, Users Can’t Switch To Gas
What a reminder of the wide swings between oil and gas prices…as shared in the article below. With oil prices up at record highs—and prices expected to increase for at least the next five years…by comparison, gas prices are at 10-year record low. Oil Prices Soars, Users Can’t Switch To Gas http://www.nytimes.com/2012/01/22/business/heating-oil-costs-surge-and-many-in-northeast-cant-switch.html?nl=todaysheadlines&emc=tha25 Your take on […]
Multifamily Delinquency Rate 15.6%
Was a bit surprised to read the article below…related to the delinquency rate of multifamily mortgages. Multifamily Delinquency Rate 15.6% http://www.housingwire.com/2012/01/04/multifamily-delinquency-rate-in-cmbs-falls-to-15-6-in-december Your take on this article? Is this a sign that multifamily trends are taking a turn? To learn more about this topic and to read the news, trends and ideas being shared by PM […]