Regions

Kansas City Matrix MF report Image by Sean Pavone iStockphoto.com

Kansas City Multifamily Report – Winter 2019

Despite an uptick in deliveries, demand for apartments remains robust across the metro, where occupancy in stabilized properties rose to 94.9 percent as of November.

New Affordable Housing Slated for Midtown Manhattan

New York City has tapped several development firms to build 260 affordable apartments on two city-owned sites in the Clinton/Hell’s Kitchen neighborhood.

Green Financing’s Growth and Growing Pains

Fannie Mae, Freddie Mac and PACE financing continue to lead the charge, with an increasing number of states expected to launch government-backed guaranteed mortgages.

Waters Edge at Harbison, Columbia, S.C. In the midst of massive local layoffs that caused multifamily vacancy in the area to skyrocket, the community held the line through stepped-up resident engagement and new programs. Image courtesy of Lloyd Jones LLC

What Do Asset Managers Want from Property Managers?

In a competitive, fast-changing environment, meeting client expectations calls for unprecedented sophistication about business strategy, finance and other areas. Experts name five key areas to focus on.

Multifamily Marketing’s New Skill Set: Psychology Plus Data Science

Digital technologies are revolutionizing multifamily marketing and leasing, as well as the skills needed by professionals. But effective marketing still hinges on understanding customers and their decision-making process.

Bridge Investment Pays $70M for Phoenix Community

The seller of the 460-unit Class B asset purchased the apartments in mid-2014 as part of a nearly $170 million portfolio deal.

Boston’s Population Pipeline Keeps Multifamily Resilient

Extreme challenges―like construction pricing and the land use process―will help push the metro’s deliveries steadily down over the next four years, according to new projections.

HFF Secures $135M Loan for 6 Student Housing Assets

The properties in the portfolio include University Downs Apartments and Condos, University View, Hillcrest Oakwood, Colonie Apartments, Southgate Apartments and Ella Lofts.

Largest US Student Housing Project Breaks Ground

Developed by the Michaels Organization and designed by Stantec, the $575 million UC Davis West Village community will have a total of 3,300 beds, with 1,000 scheduled for delivery by fall 2020.

Philadelphia Matrix MF report Image by Chris Boswell iStockphoto.com

Philadelphia Multifamily Report – Winter 2019

Rent growth began to accelerate in the fourth quarter, closing 2018 at 2.9 percent year-over-year, while investors boosted annual deal volume to $1.4 billion.