Multifamily (Matrix)
Kansas City Poised for More Growth
Solid job gains draw a consistent number of young professionals looking for well-positioned rental units in the metro.
First Coast Fires On All Cylinders in Jacksonville
Development activity is at a high point in the metro, with more than 2,300 apartments scheduled to come online by year’s end.
Knoxville Finds a Second Wind
With rents bouncing back to a 4.1 percent year-over-year growth rate as of August, the metro’s multifamily market is in the midst of a resurgence.
Demand, Supply Strike a Balance in Washington, D.C.
The metro’s growing multifamily market is backed by strong population gains and steady economic expansion.
Challenging the Limits of Demand in Denver?
Despite a surge in multifamily deliveries, occupancy in the metro’s stabilized assets has risen this year to 95.3 percent on average.
Mega-Developments Abound in Philadelphia
Despite a multifamily supply surge in recent years, occupancy in stabilized properties saw only a modest decline of 30 basis points year-over-year in July.
Slower Growth Ahead for Nashville
Asking rates are expected to rise more gradually in the face of robust development—mostly comprising upscale projects—with the average rent reaching $1,216 as of August.
Brooklyn Braces for Banner Year
Most of the upcoming multifamily supply is geared toward the market’s Lifestyle segment. That will intensify the borough’s severe affordability crisis.
Investors Boost Deal Flow in Los Angeles
The strong fundamentals of the metro’s multifamily market are attracting many buyers, pushing the year’s sales volume to $2.9 billion through July.
Keeping Up With Supply in Baltimore
As the multifamily development boom continues, demand remains strong in the metro, bolstered by consistent job gains in high-earning sectors.