National
Hurricane Harvey’s Multifamily Impact
Industry experts weigh in on what the effects of the storm mean for Houston, its residents and the market as a whole.
Residents and Public Transportation
When apartments are located in urban—or even suburban or rural—residents sometimes cannot have a car and therefore must rely on public transportation. And when a community is in proximity to a bus or subway, it is often seen as an added bonus. MHN and Kingsley surveyed renters to see what they thought about their transportation options.
Secondary Markets Present Strong Opportunities
Investing in markets outside the core presents an opportunity to capitalize on the demand for downtown assets without the downtown address. Stephen Catarinella of CAPREIT discusses what factors to consider when acquiring communities in these areas.
Economy Watch: Apartment Rents Stabilize in Summer
The national median rent increased in September to its highest point of 2017, hitting $1,018, according to a recent ABODO report. However, the increase is only up a bit from January, when the median was $1,016.
Yardi Launches Hurricane Harvey Registry; Pledges $1M
To help the tens of thousands of people affected by Hurricane Harvey and to assist its multifamily clients in the region, Yardi has leveraged its RENTCafé property marketing and leasing platform to create a housing registry website that will help displaced residents find temporary and permanent homes.
Transactions: September 2017
The following is a list of transactions that were announced between April 24 and Aug. 26, 2017.
In Case You Missed It: MHN’s Top 5 Posts in August
Miss out on any of our articles or videos? Catch up with five of our most popular posts for the month.
Above Ambiance: Aromatherapy in Senior Housing
The award-winning Essence program has proven to alleviate stress, anxiety and depression, while supporting healthy digestion and positive emotional responses, for residents of The Sheridan at Lakewood Ranch, a senior living community in Bradenton, Fla.
Economy Watch: Seattle, Denver Among Best Cities for Residential Investors
WalletHub determined the top markets based on their prospects for long-term growth, equity and profit for investors. The firm also compared the health of each market’s real estate sector, including affordability and the economic environment.
Lease-Ups in a Down Market
A dip in the market is inevitable at some point, and those best prepared to take it on will have a distinct advantage over their competitors. Megan Mahoney of LMC gives a few key pieces to consider when planning for unknown conditions.