Items Tagged with 'multifamily'

ARTICLES

  • Inside the scandal that could explode multifamily real estate

    WSJ reports on massive multifamily mortgage fraud investigation
    Everything is going swimmingly in multifamily real estate these days, right? Rents keep rising, construction is still chugging along, deals are being made, and delinquencies are still at historic lows. So everything’s good, right? Maybe not. It appears there could a deep, dark secret at the core of multifamily lending. Fake residents, fake incomes, and inflated mortgages. Sound familiar?
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  • New Freddie Mac incentive looks to keep rents affordable

    Pilot offers favorable pricing to investors, IF…
    Freddie Mac announced Tuesday its new program to keep rents more affordable by incentivizing investors with favorable loan pricing. It will also deliver any additional debt capital needed to fill in the gap between borrower equity and the first lien mortgage amount. Here’s what investors have to do, and how the program will create more affordable rental housing.
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  • RealPage continues growth, plans $100M acquisition of LeaseLabs

    Latest deal pushes total outlay for acquisitions since 2017 to more than $1B
    RealPage, a provider of software and data analytics to the real estate industry, has been on quite the run of acquisitions in the last 18 months or so, acquiring five different companies as it seeks to grow its empire. And the company’s not done yet. RealPage announced late Thursday that it is planning to acquire LeaseLabs in a $100+ million deal.
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  • From HW Magazine

    The Multifamily Movement: Renting steps into the spotlight

    More Americans are opting for apartment-style living
    Favored as one of the most stable real estate investments, and quickly becoming America’s abode of choice, apartments are inching toward center stage in the residential real estate realm. Skyrocketing home prices, hefty interest rates and demographic trends are creating a perfect storm for multifamily to step into the spotlight. There are 111,054,354 renters in the U.S., according to the U.S. Census Bureau. This represents 35% of the U.S. population, and that number is increasing as people continue to move from rural or low-growth areas to national job nodes.
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  • Bellwether Enterprise Real Estate Capital hires Ilya Weinstein as vice president

    Weinstein will be responsible for increasing affordable housing loan originations in northeast U.S. region
    Bellwether Enterprise Real Estate Capital, the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment, hired Ilya Weinstein as vice president of the company's office in New York. Weinstein will focus on affordable housing as part of the Bellwether’s Affordable Group, working to increase loan production for affordable housing properties in the northeastern U.S. region.
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  • Old school? Senior citizens' campus takeover

    Seniors are showing a growing preference for living on or near university campuses
    There appear to be a growing number of senior citizens looking for housing on or near universities. Investors are capitalizing on this demand, building senior housing around campuses, and one university is even putting a senior housing property on its campus in New York.
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  • Trammell Crow Residential returning to South Florida after years away

    First new multifamily development since last real estate cycle
    Trammell Crow Residential, a national multifamily real estate developer, is returning to the South Florida market with a new development after shying away from the market for many years. According to the company, the new development is the company’s first in the area since the housing crisis.
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  • Rent just jumped to an all-time high

    New report shows nationwide rent crosses $1,400
    We’ve known that the rent may be too damn high for quite a while now, but a new report shows that rent has never been this high before. Newly released data from RentCafé and Yardi Matrix shows that nationwide apartment rents just hit an all-time high in June, crossing the $1,400 threshold for the first time ever.
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  • Zillow: Slowing rent growth signals stability in multifamily

    As rent growth tapers off, market moves toward equilibrium after hitting peak in 2016/2017
    Though rent growth is slowing, bringing with it fears of a big tumble in the multifamily market, Zillow’s research indicates the median rent is growing faster than it was last year and that current conditions signal stability rather than a crash.
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