Items Tagged with 'multifamily data'

ARTICLES

  • Here are the markets where the most apartments were built in 2018

    CBRE report shows top 20 markets for apartment completions
    Thanks to a report last week from CBRE, we already know that construction activity in multifamily real estate last year was more robust than almost any other year since the 1980s. According to the CBRE report, there were 267,900 units completed in 2018, slightly lower than the previous high of the last 30+ years, which just so happened to be set in 2017. But where are all those apartments being built?
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  • Mortgage rate increases pull on multifamily investment outlook

    It's getting tougher to invest in multifamily due to strong performance and higher mortgage rates
    Freddie Mac’s Apartment Investment Index took a 7.1% hit over the last quarter as investors seem to be paying more per dollar of income for their multifamily investments. According to the report, the recent increase in mortgage rates is the main culprit behind the drop in the index as its substantial rise made borrowing for multifamily investments significantly more expensive.
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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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  • Give the people what they want: RealPage to offer free apartment data on its website

    Company will offer continuously updated rent and occupancy data for free
    For no charge, RealPage is offering its rent and occupancy data on millions of U.S. apartments for free, citing the importance of data to due diligence and competition in the multifamily market. Visitors can access the data through the "Explore" feature on RealPage's website.
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