Everything but the Kitchen Sink
Government data provides us with telling characteristics of the 21 million apartments in the U.S., but there is much less data available on how apartment residents live in their homes and how those habits affect their energy consumption.
Power Solutions: Innovative Products Save Money, Energy
Besides their well-established function of making operations more cost-effective, energy-efficiency products are gaining a reputation as a marketing tool for attracting residents and investors.
Population Growth Sustains Demand in Nashville
The city is slowly diversifying its economy, venturing from reliance on the entertainment industry. In response to the growing demand, developers are ramping up construction, with more than 13,000 units underway as of July.
High-Voltage Incentives
The financial and environmental rewards of improving energy efficiency are well known, yet even as upgrades become common practice, it’s fair to say that plenty of untapped opportunities await.
Read the October Digital Issue of MHN
This month focuses on Energy, including a look at programs that offer incentives in multifamily communities that could yield $3.4 billion in annual savings. Also featured is an in-depth interview with Eric Margules, founder & CEO of Margules Properties, who took his company from a one-man operation to a real estate firm with $300 million in assets.
Real Money
A billion here, a billion there, and pretty soon you’re talking real money,” Everett Dirksen once said, and the legendary lion of the Senate would have to admit that $3.4 billion is a nice chunk of change. That’s how much multifamily property owners could save every year through energy efficiency upgrades, according to a 2016 estimate by the American Council for an Energy-Efficient Economy.
Phoenix: Maintaining Momentum in the Desert
The metro is outpacing the country in job creation and population growth, drawing multifamily developers and investors looking for opportunities in second-tier markets.
Raleigh: Solid Fundamentals Round Triangle’s Edges
Population gains and steady rent growth are luring multifamily investors and developers to the Research Triangle. Demand is outstripping supply, but with more than 5,000 units scheduled for completion by year-end, that trend is likely to moderate.
Strong Demand Augments Twin Cities Occupancy
The metro’s healthy economic growth, low unemployment rate and strong multifamily fundamentals continue to attract investors and developers to the region.
Strong Fundamentals Fuel Heavy Development in DC
Young professionals, drawn by the metro’s well-paying jobs, are pushing up demand for upscale communities in transit-oriented and live-work-play areas. However, a robust construction pipeline—the third largest in the country—is maintaining a modest rent increase, raising concerns of overbuilding.