Of Interest

The Midwest and mountain regions are looking good for multi-family investment, according to Northmarq. Urban and coastal areas are showing promise of growth. Here’s some additional thinking about possibilities.

Occupancy rates are high and rents are solid. The latest reports from the National Multi-family Housing Council and the National Apartment Association suggest that there is a national shortfall of 600,000 apartments, and that rent rates are up 12.6% for existing units. It’s a promising market—so far.

Technology has replaced a number of the functions of staff, but can they do it all? Hurried along by the pandemic, things have rapidly changed. More people work from home now, but has the industry adapted apply human touch when necessary and desirable? As technology evolves it is imperative to continue to monitor changes.

Supply. Demand. Yeah, basic economics – but something else is at work now between the pandemic, the supply chain issues, political tensions, and so much more. Inflation, too, which some indicators suggest that new start construction is slowing. So, demand outpaces supply and then what? Listen https://www.nasdaq.com/videos/why-demand-is-outpacing-supply-in-the-multifamily-housing-market