Multifamily (Matrix)

Brooklyn metro report Photo by Benedeki Stockphoto.com

Brooklyn Multifamily Report – Winter 2019

The borough’s stock expansion reached a new cycle peak in 2018, with most of the new supply geared toward high-income residents.

Manhattan Metro report Photo by Wattanapong Plymati Stockphoto.com

Manhattan Multifamily Report – Winter 2019

Apartment demand remains high across the borough, where more than 3,700 units came online in 2018, representing 1.1 percent of total inventory.

Phoenix Multifamily Report – Winter 2019

Attracted by the market’s strong fundamentals, investors closed a whopping $5.9 billion in multifamily sales in 2018, while developers also marked a high point with the delivery of 8,162 units.

Atlanta metro report Photo by Susanne Neumann iStockphoto.com

Atlanta Multifamily Report – Winter 2019

Solid population growth and a strong economy continued to boost Atlanta’s rental market, with the city ranking third for rent growth among major U.S. metros last year.

Queens Multifamily Report – Winter 2019

Continuing to benefit from Manhattan’s spillover effect and steady job gains, the borough’s rental market ended 2018 on a positive note.

Denver Multifamily Report – Winter 2019

Although deliveries hit a cycle peak, the metro’s rapidly expanding economy and steady demographic expansion continue to boost a sturdy rental market.

Chicago Metro report Photo by Sean Pavone iStockphoto.com

Chicago Multifamily Report – Winter 2019

Rent growth in the metro continued to accelerate and reached 3.2 percent year-over-year as of January, due to increasing demand, particularly for Lifestyle units.

Detroit Metro report Photo by Sean Pavone iStockphoto.com

Detroit Multifamily Report – Winter 2019

Demand is steady in Detroit, bolstered by household formation and job gains. Drawn by the metro’s low entry costs and attractive yields, investors are targeting assets with a value-add component.

Baltimore matrix mf report Image by Sean Pavone iStockphoto.com

Baltimore Multifamily Report – Winter 2019

Despite a cycle peak in new apartment developments last year, demand remained strong, maintaining occupancy within a relatively tight range.

Austin matrix mf report Image credit Roschetzky IstockPhoto.com

Austin Multifamily Report – Winter 2019, Part 2

Despite a steady pipeline of new product, rent growth across the metro continued, ending 2018 at 3.6 percent year-over-year, while a healthy demand has put upward pressure on occupancy.