Prominence
Work It!—Financing Solutions to the Middle-Market Housing Affordability Gap
The workforce housing segment continues to be one of the most difficult to finance, exacerbated by mounting input costs and ambiguity around its definition. But local-level initiatives offer some solutions.
Columbus Leads Midwest Growth
The metro’s average multifamily rent rose by 4.2 percent year-over-year as of June, outpacing the national rate and showing the fastest growth among major Midwestern cities.
Construction Surge Hinders Rent Growth in Austin
Supported by an expanding population and robust job growth, multifamily demand remains consistent in the metro, where the average rent rose 1.3 percent year-over-year through June.
In Case You Missed It: MHN’s Top 5 Posts in August
Miss out on any of our articles? Catch up with five of our most popular posts for the month.
Health Care, Technology Drive Growth in Pittsburgh
A recent boost in higher-paying jobs will bolster multifamily demand this year, especially in the metro’s downtown area, which experienced a 24 percent population surge from 2010 to 2017.
Reaching the Pinnacle of Success in Property Management
Larry Goodman, COO of Pinnacle, describes how the company retains residents, trains managers and boosts multifamily asset values across its portfolio.
Development Powers Through in Dallas
In the first half of 2018, roughly 11,500 multifamily units came online in the metro, which boasts the largest pipeline in the U.S.
Job, Population Growth Bolsters Demand in Houston
After a prolonged dry spell, multifamily rent growth is once again outpacing the U.S. average, reaching 3.9 percent for the 12 months ending in June.
Student Quarters Makes First Housing Purchase in OK
Millennium Student Apartments near the University of Oklahoma houses 698 residents in 196 apartments and includes a pool, athletic fields and transportation to campus.
Tarlton Renovates 2 Historic St. Louis Properties
The $28 million project transformed the former Shriners Hospital for Children and Central Institute for the Deaf into The Core Apartment Residences, which includes 160 units.