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Upscale Demand Boosts Rent Growth in Richmond
After trailing the U.S. average throughout the current cycle, the metro’s rent growth reached 2.6 percent as of December, bucking the national trend during 2017’s fourth quarter.
Top 10 Dallas Completions of 2017
More than 17,000 units came online over the past year, as the metro continues to attract both domestic and foreign investors.
Samuels & Associates, Landsea Debut Boston Luxury Tower
Designed by Arquitectonica, Pierce Boston features 240 apartments, 109 condos and 20,000 square feet of ground-floor retail and dining.
San Diego Remains a Landlord’s Market
Demand continues to be healthy in the area, sustained by demographic expansion and a sluggish pipeline. Rent growth ended 2017 at 4.6 percent, nearly double the U.S. average.
Top Management Challenges
This month, MHN asks …What have been you greatest management challenges to date?
ZOM Living to Break Ground on Luxury Chicago Property
The 357-unit community is Union West in the Loop downtown district. It will consist of two Class AA, Green Globes-Certified residential towers atop a three-story podium.
MHN’s Top 5 February Posts
Miss out on any MHN stories in February? Here are five of our most popular articles for the month.
Construction Surge Stalls Rent Growth in San Antonio
Despite a wave of new deliveries—which dampened rent growth to just 0.8 percent—the metro’s multifamily fundamentals remain healthy, sustained by above-trend employment gains.
Oversupply Softens Rent Growth in Portland
A healthy job market and strong population gains continue to sustain multifamily demand across the metro, where more than 5,000 apartments are scheduled for delivery in 2018.
Albuquerque Struggles on Recovery Path
Despite a slowdown in 2017, the metro’s multifamily market performance is in line with its historical averages. Core submarkets are leading growth, while the suburbs gradually recover from the most recent downturn.