Suzann D. Silverman is editorial director of CPE. She has covered the commercial and multifamily real estate industry since 1995, becoming editor-in-chief of Commercial Property Executive (formerly Commercial Property News) in 1998 and editorial director of both CPE and Multi-Housing News in 2016. She is also serving a second term as a board member of the National Association of Real Estate Editors. You can reach her at [email protected].
The need for innovation to finance affordable housing should not impact the recent trend toward improved design and amenities, which benefit residents while increasing value for owners.
NMHC’s Walter, JLL Capital Markets’ Rice outline cost concerns slowing multifamily activity during NAREE conference. But Rice predicts a sales activity uptick in the second half of 2023.
Accustomed to an active and independent lifestyle, the 70 million-strong, outspoken Baby Boomer generation is not willing to bend as they consider aging into senior housing. Community operators are listening.
NMHC’s vice president of research warns that development delays have increased an already large shortfall in apartment supply. And the supply/demand ratio for affordable and essential housing is even further off.