All the multifamily news you need
The top storylines in multifamily this week are overcoming outsourcing fears, investment properties, parking problems and reputation, creating excellent customer experiences, lower energy consumption, marketing data points, top cities for job growth and when demolitions gain favor over conversions.
The top storylines in multifamily this week are dispelling myths around assistance animals, investors chasing migration, rent stabilization, the renter revolution, successful marketing campaigns, technology and due diligence, luxury struggles in Philly, rent control threats and local housing regulations.
In the rental housing industry, Census data is the first factor in a long equation used to underwrite investments. But firms have to consider many other factors as they plan new investments or simply try to operate their existing portfolios in 2024.
The top storylines in multifamily this week are unlocking revenue potential, maintenance and the customer journey, being pet-friendly, resident financial wellness, things not to do in 2024, TikTok and Gen Z, surviving the supply surplus, multifamily investment and the expansion of Disney Storyliving.
Rising interest rates, the increased cost of capital and the gap between buyers’ and sellers’ expectations have stalled multifamily transactions. In the third quarter, multifamily investment sales totaled $30.1 billion, representing a nearly 62% decrease from the same period in 2022.