Digital Edition
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.
Resident Attraction
Multifamily occupancy stood at 95.5 percent at the end of June, according to Yardi Matrix data, with rents continuing to climb, though at a reduced rate from the headier years of the post-recession recovery.
Transactions: September 2017
The following is a list of transactions that were announced between April 24 and Aug. 26, 2017.
2017 Leading Real Estate Law Firms
As the real estate industry continues to adapt to new regulations impacting its business, legal counsel is becoming increasingly vital when completing transactions.
Top Financiers on What Keeps Them Up at Night
Despite transactional and political uncertainty in the first half of 2017, the real estate capital markets held firm, with ample capital and vigorous lender competition creating a robust environment for borrowers.
Unearthing Alpha: Where are the Next Opportunities?
The job market continues to be the most telling gauge of performance, fueling demand for all property types.
Regulatory Reboot: Tax Reform, Finance Top Industry’s Policy Agenda
During the second half of 2017, the multifamily sector will face a far-reaching set of legislative and regulatory issues—some brand new, others perennial subjects of advocacy.
Building Barometer: Are Developers Ready for a Slowdown?
Although the multifamily pipeline remains robust for now, developers and lenders are becoming more selective as the cycle matures.
Market Measure
Midway through 2017, the commercial and multifamily markets are characterized by a mix of caution and confidence.