Property Management News
Multifamily insurance costs have jumped so sharply since 2019 that they are eroding net operating income, weakening valuations, and threatening the long‑term viability of affordable housing, according to new research from Harvard University’s Joint Center for Housing Studies and the Brookings Institution. For multifamily investors, keeping deals pencil out increasingly hinges on how well they manage this line item. Insurance Costs Become A Drag On Returns Multifamily owners and operators have been wrestling with steep insurance hikes since the pandemic and the pressure is not easing. In a recent working paper, the Harvard Joint Center for Housing Studies finds that property... Read more
The country’s broader middle class is facing a housing crisis: a growing gap in available, high-quality rental options. High-demand markets like Miami and New York...
A new federal housing law is putting limits on some of the country’s largest buyers of single-family homes. But for the typical independent landlord, the story is...
Class-C apartment operators in Chicago are buoyed by many of the tailwinds bolstering the city’s multifamily market as a whole: limited new supply, rising rent...
KEY TAKEAWAYS US renter mobility has dropped, with only 37% expecting to move in three years—down from 57% in 2014, per New York Fed data. Mortgage affordability...
A monthly rent budget of $1,500 can buy dramatically different outcomes depending on where a renter looks, according to RentCafe’s analysis of Census Bureau data for the 200 largest U.S. cities. In McAllen, Texas, that budget could secure a 1,378-square-foot apartment with three to four bedrooms, while in Manhattan it would barely cover a 210-square-foot studio, roughly the size of an average dorm room, according to RentCafe. That contrast highlights how uneven rent-to-space economics remain across the U.S. multifamily market. Nationally, RentCafe said the average rent was $1,740 per month and the average apartment size was 835 square feet. The spread in value was... Read more
Many affordable housing properties in Oregon no longer perform the way their developers planned, and the shortfall is now reaching the nonprofits that own them. That was...
Many renters will continue to see more affordable rentals on the market through 2026, though that depends entirely on where you live—and whether a lot...
If you’re looking for a rental deal, tenants can find discounts in 60% of Southern California cities. My trusty spreadsheet reviewed June’s rent report...
Southern California’s rental market is costlier to the south, but landlords have more pricing power to the north. That’s a theme within my trusty spreadsheet‘s...
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