Source Article Courtesy of CoStar Prices have been rising the fastest we've seen in over 40 years. The consumer price index rose by 8.3% over the last 12 months (peaking at 8.5% in March). To try to combat this, the Federal Reserve raised interest rates by a quarter-point in March and another half-point increase in May (the largest increase in 22...

Here are a collection of links to articles I'm reading now to stay abreast of the fast changing multifamily environment during the COVID Pandemic. MHN Article - Six Feet of Separation: Apartment Communities Prepare for Life After Quarantine "It won’t be business as usual for the foreseeable future. Until there is a vaccine or a treatment, masks and social distancing will...

Latest CoStar Figures Indicate Owners Have Put a Hold on Selling By John Doherty CoStar News March 31, 2020 | 08:55 A.M. As the coronavirus shuts down more of the country, apartment owners are showing they are loath to sell. Multifamily listings are at their lowest level in a decade, according to CoStar data. Only about 17,000 units of rentals hit the selling block in the past...

Vacancies Could Reach Record Levels, Topping a Recent Peak in 2017 State of the Market Video: Coronavirus Will Likely Play Havoc With Apartments Vacancies Could Reach Record Levels, Topping a Recent Peak in 2017 By John DohertyCoStar NewsMarch 25, 2020 | 02:34 P.M. Expect U.S. apartment vacancy rates to hit record highs, CoStar’s experts say. The wave of new properties scheduled to be finished up in...

The purpose of this article is to share with my clients news and resources I'm currently reviewing to stay abreast of the current market. Below I've provided a summarized version of each resource along with a link to the full article/reports from JLL and Marcus & Millichap along with charts from CoStar research. For more information, rental rates, renovations, leasing,...

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