As a seasoned real estate investor, I've faced many challenges, but few have been as frustrating as dealing with rigid lending criteria from commercial lenders. Recently, I encountered a bridge lender who informed me that they were no longer issuing loans greater than $10 million on apartment properties. This decision was perplexing, especially given the current market dynamics. Here, I want to share insights into why this happens and how investo ...

The multifamily housing industry faces a growing challenge during peak leasing season — the scourge of package theft. As more residents move into communities and online shopping continues to surge, the volume of packages delivered to these properties is skyrocketing. Unfortunately, this influx of packages has also attracted the attention of opportunistic thieves, leaving property managers and residents alike grappling with the consequences — rais ...

Real quick–we're talking multiple times a day. Success demands mastery over ever-shifting market dynamics. With private data usage driving legal landscape changes, coupled with economic conditions and a competitive environment, revenue teams must be vigilant in their market survey data to yield maximum results. Rents, concessions, apartment availability–these data points and more are constantly updated to reflect what's currently happening withi ...

Just $5 billion in multifamily sales closed in the first quarter, according to Avison Young, the lowest amount since the second quarter of 2020, when COVID reduced sales volume to some $4 billion. That followed a decrease of 61 percent in 2023, to $119 billion, according to Matthews Real Estate Investment Services.The movement is coming from a few spheres. Institutional investors and lenders both need to deploy capital, while some property owners ...

Multifamily conference season is still going strong. Up next: NAA Apartmentalize 2024! This year it's taking place in Philly, the city of brotherly love. Apartmentalize offers learning, networking, and solutions specifically for multifamily, and helps you stay current on industry trends and best practices. We know that hitting every conference isn't always an option, so if you're going, we outlined some of the best ways to make the most of your t ...

In the multifamily world, no conference dominates anywhere close to Apartmentalize, which has grown to mammoth proportions over the years.  Before any conference, I dig into the schedule and try to create a plan of attack.  This is where I ran into trouble.As we get closer, I like to highlight four or five sessions I am especially excited about, with a little blurb of why I think it is impactful.  This means I open u ...