Of Interest

The coronavirus has changed the multifamily real estate market in ways that will last—urban to suburban, flexible space, easy-to-clean and accessible to outdoors. We’re spending more time than ever at home. Multifamily living is already changing. We have to listen to the market and we have to build accordingly.

Seventy-two percent of Millennials live in apartments and they like it that way. They are the largest, living generation so multi-family development and lifestyle will be driven by what they want and what they need. Technology driven, they open doors and start cars with their phones. But that’s just the beginning of Millennial real estate.

Like the rest of our economy, multi-family properties have felt the consequences of people being out of work for an extended time. Still, investing in multi-family properties is a sensible long-term investment. We find that by working with our residents we’ve not faced some of the worst outcomes. Hopefully, recovery, when it comes and it...

A new report suggests that the market for multifamily green building is declining. This is related to general market shake up during the COVID pandemic. The report also found that “green” will recover by 2023. I think it will recover and gain even more market share. Reducing greenhouse gasses, reducing energy use, water and energy...