As more millennials enter adulthood, apartment owners and operators keep trying to understand and satisfy the sprawling group’s housing preferences. But that’s an impractical pursuit, according to one demographics and housing expert who says the term “millennial” includes such a broad and diverse population that it doesn’t hold much meaning. Take Mark Zuckerburg and the read more
Milwaukee’s apartment market seems to be settling in at sustainable norms – producing consistently strong occupancy rates and decent, but unspectacular, rent growth.
Among all bank lending categories, none has grown faster than multifamily over the last six years. Multifamily as a share of overall lending has surged to a 20-year high.
Financial benchmarks in most areas of real estate remain below pre-recession highs, but the apartment industry is one exception to the rule.
The current apartment market performance story is truly stellar in almost every metro across the country. But there are a handful of spots missing out on all the good news.
From 2010 to 2012, Manhattan was Manhattan – posting big gains in apartment rents. Since then, though, the performance has been unusually volatile. Why?