September 1st, 2017
In the current multifamily developments, attracting millennial renters and keeping them can be difficult. With the consistent change in amenities and the fast growth of technology and expectations, staying relevant in the market and upping amenities is now a common interest for properties. People are now looking more towards the lifestyle and neighborhood and what …
Continue reading “Consistent Change of Amenities”
July 21st, 2017
The year 2016 has been one of the greatest for Delegated Underwriting and Servicing (DUS) program by Fannie Mae. Other than financing $55.3 billion, it also supported 724,000 units of multifamily housing last year. According to Jeffery Hayward, Executive Vice President of Multifamily, Fannie Mae, the record volumes for Green Financing, Affordable, Student Housing, and …
Continue reading “Multi-Family Housing Update: Dus Lenders Outperformed Business Records in 2016”
July 21st, 2017
Multifamily housing properties, these days areopting for Cross Laminated Timber (CLT). Other than being an engineered wood building system, the visual beauty of CLT is highly praised. While initially popular in European countries, CLT is now being considered as one of the most desired construction materials for multifamily housing structures. Due to its structural integrity, …
Continue reading “Multi-Family Housing Craze: Cross Laminated Timber for Construction”
July 14th, 2017
It can be difficult to win AND keep millennial renters happy, who are notoriously fickle and noncommittal about their living arrangements. In order to have millennials stay committed to living at your complex, you must keep them INVESTED. It helps to know that the biggest question young individuals will ask themselves when trying to find …
Continue reading “How to Keep Millennial Renters Happy”
July 14th, 2017
In the current multifamily landscape, attracting Gen Y renters and keeping them can be difficult, but it may not be for lack of effort on your part. You may have every intention of having your apartment complex full of vibrant youth, but their lack of commitment and determination for novelty keeps your head (and the …
Continue reading “Current Multi-Family Landscape: 3 Ways to Attract Gen Y Renters”
July 6th, 2017
In the multifamily housing industry, it’s important to stand out from your competition. Common amenities include a pool, BBQ grills and a laundry room; standing out with unique amenities is the key to filling vacancies. One amenity is commonly overlooked and should be considered as a unique, attracting feature: pet-friendly! Although people have enjoyed the …
Continue reading “Staying on Top of the Multi-Family Housing Market by Accommodating Pets”
July 5th, 2017
If you want your apartment community to appeal to as many people as possible, then you’re going to market to demographics of all age groups. How is this accomplished? By far the easiest way to do this is through diverse social ads targeting Millennials, Gen X and Gen Y on Facebook, Twitter and Instagram. However, …
Continue reading “Attracting Diverse Residents to Your Multi-Family Housing Unit”
November 22nd, 2016
Freddie Mac in a recent survey found that renters of multifamily properties are increasingly worried about the continuous rise in utility costs than a rise in rent. The survey revealed that the majority of renters surveyed have shown interest in paying more for rentals with cost-saving water and energy features. Most of the renters are …
Continue reading “Multi-Family Housing Trend: Rise in Utility Costs Worries Renters”
October 6th, 2016
With the onset of rising inflation rates and a peak in employment, there will undoubtedly be a deceleration in rent this fall. More than 2.3 million jobs have been created but even this fact has not contributed to the rising rent prices that are growing faster than the income levels of the consumer. This deceleration …
Continue reading “Multi-Family Housing Trend: Declaration of Rents This Fall”
September 1st, 2016
Privately owned housing for students is a major part of the real estate sector today. The strength has been clearly demonstrated by performance metrics. According to the senior vice president of Axiometrics, rent growth is likely to remain stable in the next five years; however, occupants will continue to be above 95 percent as the …
Continue reading “Multi-Family Trend: The Influx of Student Housing”
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