Property Management News
Operational expenses, including the increasing cost of insurance, will continue to have a major impact on the multifamily industry over the next year, according to Colliers’ 2025 Outlook for commercial real estate. Insurance has been a sticking point for the past couple of years. Deals are being repriced as rates fluctuate, and some buyers are walking away from hard deposits, said the firm. “There are ways to mitigate insurance cost increases through scale, but with 2024’s active hurricane season, these expenses will remain front of mind for buyers and sellers alike,” said the report. Nevertheless, multifamily will continue to lead aggregate investment sales activity with CRE,... Read more
Investing in multifamily real estate offers a variety of potential returns that can make it an attractive addition to your portfolio. Understanding the types of returns...
Luxury: Anything conducive to physical comfort. The enjoyment of sumptuous living. — The American Heritage Dictionary of the English language, New College...
Hula Hoop. Pet Rock. Rubik’s Cube. All fads that had their moment and, every once in a while, resurface with a new generation. There is another old/new idea that...
Finding an apartment in a major U.S. city for less than $1,000 per month has become more difficult lately, but in some metros, such as Oklahoma City and Pittsburgh,...
2024 marked a ‘return to normal’ for the multifamily industry. Rent prices increased by 1%, retention rates were above average, a record number of new units were added, and demand remained high due to rising home costs. However, early indications suggest that 2025 will bring new challenges, especially for apartment marketers. With economic factors shifting and renter preferences evolving, staying ahead will require a renewed focus on the fundamentals that truly drive leasing performance. Let’s explore three key challenges marketers will face in the coming year and explain why getting back to the basics will be critical for success. Challenge #1: Unit Supply Will Be... Read more
Los Angeles City Council members introduced a motion during a meeting Tuesday that would prevent landlords from raising rents or evicting people impacted by fires that...
In 2023, multifamily investment volume sank from the weight of 11 interest rate increases between March of 2022 and July of 2023. Now it seems that a vibrant market is...
Do you ever wish for the “good old days?” That typically means something different to each person. One might long for the days of childhood, with no...
Feeling the pinch of tax season? You’re not alone. For real estate investors, this time of year brings many financial matters to consider. Understanding the tax...
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