Thursday, March 28, 2024

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Ageless tech

With the current real estate market not exactly favoring the buyer due to the interest rate hike and soaring housing prices, the demand for rental units in multifamily properties continues to rise. And while...

Can Biden help housing? White House solution isn’t nearly enough.

At one time or another, every politician—local, state, and federal—promises to help create “affordable housing.” The issue has become especially critical of late with rents and housing prices rising and higher interest rates making...

Prepping for the oncoming rate hikes

At the dawn of 2022, the outlook for multifamily real estate looked as bright as in the year just ending. Industry experts released bullish forecasts and a number of loan specialists spoke on the...

The makers

For the lion’s share of entrepreneurs, business owners and other captains of their own fate, American freedom is an immutable part of our DNA. Lest we forget, freedom is neither engineered nor manufactured, regulated...

Apartment deals find equity investors in a changing environment

Apartment companies need more equity than ever to buy and build for a number of reasons: They are acquiring and developing apartments at record volumes The cost to complete these deals is growing as...

Renters renew at record levels

More apartment renters than ever are choosing to renew leases in the same unit, even as rents jump amidst rapid inflation. At the same time, market-rate renter incomes continue to soar—helping push up affordability...

Providers of single-family rental homes are an important part of America’s housing ecosystem

President Biden’s release in May of a “Housing Supply Action Plan” represents a commendable effort to bring much needed quality, affordably-priced housing to communities throughout the country. In taking steps to “ease the burden...
Airing on the side of efficiency

Airing on the side of efficiency

Changes are coming in January that will impact multifamily developers and owners looking to install or upgrade their HVAC systems. Every six years, the Department of Energy (DOE) re-analyzes the effects of energy usage,...

The most valued asset

The 2021 movie Old by M. Night Shyamalan is based on the French-Swiss graphic novel, Sandcastle, by Pierre Oscar Levy and Frederik Peeters. Its main theme centers on man’s relationship with time. Man’s tendency is...

In the money

Apartment investors are taking out more loans than ever. In 2021, they rushed to get loans to buy new apartment properties and refinance the debt on existing properties. Investors spent more to buy apartment properties...

Is rent control inevitable?

In 1905, the philosopher George Santayana famously said, “Those who forget the past are condemned to repeat it.” Maybe that explains why some people are so nostalgic and want to repeat the time a half-century...

Redfin adds rental listings

Redfin has entered the internet leasing service (ILS) space by expanding its platform to include rental listings. Launched in 2004, Redfin began as a full-service online real estate brokerage firm based in Seattle. David Eraker,...

Orange County gets big, new addition

In November 2018, the Samueli Family, owners of the Anaheim Ducks purchased 10 acres of city-owned parking lots adjacent to Honda Center and finalized an agreement with the City of Anaheim, committing the Ducks...

Making a big move

Nearly two years into the remote work revolution, it’s easy to feel that a lifetime has passed. However, the reality is we are just at the beginning of seeing the impact of remote work....

Costs rising for renters

Rents just hit another all-time high—and that means Americans are spending even more of their paychecks on housing. According to Realtor.com, the U.S. median rental price hit a new high of $1,792 in February. Soaring...
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