July Apartment Market Showed Improvement in All Metrics
Renter migration due to the pandemic and job changes or losses, government stimulus, and a hot housing market have all contributed to great apartment market conditions, according to a release from the National Multifamily...
Investments Growing In Build-To-Rent Single-Family Homes
Many investment groups are getting into the growing single-family rental market with build-to-rent communities, a segment rejuvenated due to COVID-19, Yardi Matrix reports in a special bulletin.
“Increasingly, the way institutions are growing their presence...
House Panel Asks Landlords to Explain Evictions During Moratorium
A House panel studying evictions during the COVID-19 moratorium has asked four large corporate landlords to explain and provide documentation on 5,000 evictions they filed, according to The Washington Post.
Invitation Homes, Pretium Partners, Ventron...
Out-of-Town Movers Outbidding Local Phoenix Renters
So many out-of-town people are moving to and searching for apartments in Phoenix that they are putting pressure on rent prices for local Phoenix renters, according to a report from Apartment List.
“This migration flow...
Average National Monthly Rent Tops $1,500 For 1st Time
The average monthly national rent hit $1,513, topping the $1,500 mark for the first time in 150 metros that were reviewed, according to the National Apartment Association (NAA).
In addition to the average national monthly...
Bill Kay New Managing Director of Ashcroft Capital Markets
Real estate industry veteran Bill Kay has been hired as the new managing director of capital markets for Ashcroft Capital, according to a release.
The hiring of Kay will support Ashcroft's continued emergence in the rental-housing sector...
Top 4 Best Cities with Least Environmental Risk For Investors
Four metro areas, including Portland, stand out as having the least overall environmental risk for investors in commercial real estate and multifamily, according to a new rating from Yardi Matrix.
The company said they did...
Seattle Area Market Rebounds, Marches On
Veteran property manager Cory Brewer weighs in on how the Seattle area market rebound is going and how the pendulum is swinging.
By Cory Brewer
Perhaps the most prevalent 2020 trend in housing was the “migration”...
New Resident Expectations Accelerate Rise in Smart Communities
Property managers may want to consider investing in the right technologies to create smart communities as nearly half of prospective renters say smart building products increase their interest in a potential apartment, according to...
Portland Rents Continue 5-Month Climb
Portland rents have increased 1.7 percent over the past month, and are now up 2.5 percent year-over-year, according to the June report from Apartment List.
Now, median rents in Portland are $1,197 for a one-bedroom...