Multifamily Takes the Crown as Top Investor Choice
Calling all multifamily investors! Get ready to celebrate! According to a recent CBRE investor intentions survey, multifamily has emerged as the most sought-after asset class globally. Here’s the scoop: But hold on… While the outlook is positive, the survey also identified some potential headwinds: The Takeaway: The multifamily market presents an exciting opportunity, but it’s crucial to be […]
Houston Multifamily Foreclosure Update
Attention multifamily investors! We’re following up on the news of a potential foreclosure on a Houston apartment complex. The Latest: What This Means: This latest development adds to the growing list of foreclosures pursued by Arbor Realty in the Houston market. In May, they initiated foreclosure proceedings on a 372-unit property named Park North and an […]
Big Brother is Watching Rental Prices?
Heads up, multifamily owners and operators! The Federal Trade Commission (FTC) is making waves with a new weapon in its arsenal: artificial intelligence (AI). They’re using this technology to crack down on potential rental price-fixing agreements. Here’s the breakdown: What does this mean for you? Aparti Fi Can Help! We understand the complexities of managing rental properties in […]
Multifamily Delinquency Rates – A Mixed Bag
We’ve got some news on the loan delinquency front, and it’s a bit of a mixed bag. Let’s break it down: Delinquency rates for multifamily commercial mortgage-backed securities (CMBS) loans climbed to 1.70% in May. That means a slightly higher percentage of borrowers are falling behind on their payments. There were also $245 million in newly […]
Nuveen & CalPERS Team Up for Affordable Housing
There’s interesting news on the affordable housing front. California Public Employees’ Retirement System (CalPERS), one of the nation’s largest pension funds, is making a big bet on affordability. They’ve committed a cool $100 million to Nuveen Real Estate’s U.S. Affordable Housing Fund. Nuveen, who you might know as the investment manager for Teachers Insurance and […]
Multifamily Market – Midyear Balancing Act
Multifamily movers and shakers, listen up! Our midyear market report reveals a fascinating dance between good news and not-so-sunny developments. Let’s pop some champagne first! Renters are signing on the dotted line like never before. Occupancy rates are at a stellar 95.7%, a 30 basis point jump compared to last year. This hot demand is likely fueled […]
New York Multifamily Giant Meridian Shakes Up Leadership Amid Scrutiny
Big news is rocking the New York multifamily scene! Meridian Capital Group, a dominant force in commercial brokerage, is undergoing a leadership change amidst reports of trouble. Let’s unpack the details and what it might mean for investors. Herzka Steps Aside, Brooks Takes the Helm: A Cloud of Scrutiny: This leadership shift comes as Meridian […]
Loan Maturities Loom Large Over Multifamily Market
Heads up, multifamily investors! A recent report by Yardi Matrix revealed a significant chunk of apartment loans are set to expire in the coming years. Here’s the situation: Why it matters: Be proactive: Disclaimer: This information is for educational purposes only and does not constitute financial advice. Please consult with a qualified professional before making […]
Housing Secretary Marcia Fudge Announces Departure
Changing of the guard at HUD! Housing and Urban Development Secretary Marcia Fudge has announced she will be stepping down on March 22nd. Here’s the update: What this means: Stay informed! Aparti-fi keeps you updated on industry news and events. Subscribe for the latest developments in the multifamily market! Disclaimer: This information is for educational […]
Greystone Splashes Cash on North Texas Apartment Portfolio
Cash flowin’ in Texas! Greystone, a big-name lending company, just shelled out $15.4 million to refinance five multifamily properties near the Texas-Oklahoma border. Here’s the breakdown: Interesting tidbits: What this means for you: Stay in the loop! Aparti-fi delivers daily updates on the multifamily market. Subscribe for more news, analysis, and expert insights!