A lot of statistics in the attached but worth spending a few minutes to absorb, particularly if you’re an apartment owner or a renter. One-in-five renters expect to be renters for life. Approximately two thirds of renters say renting ‘fits their current lifestyle.’ …

From mid-year 2022 through mid-year 2023, per Yardi Matrix’s 2024 Multifamily Outlook, multifamily operating expenses increased by 9.30%. Talk about inflation! Incredible. The article cites the current cost of insurance …

In an article by Jason DuFault, Regional Managing Director/Southern California/KW Commercial – Long Beach, Mr. DuFault opines on topics ranging from financing challenges to investing in ‘landlord unfriendly’ markets …

While rent growth has accelerated by over 5%+ over the past four years (see blog “SLC in Top 20”), Salt Lake City’s rent growth retreated by 3.30% in February 2024, due mainly to all of the new apartments coming to market …

Per Zillow, Salt Lake City is #20 in the list of the 20 most affordable rental markets in the United States at an average monthly rent of $1,656. In the state of California, the average state-wide rent is $1,927 (no specific cities in California were addressed). The state of Hawaii holds the highest average rent honor but the article …

A short article addressing three things owners and operators should be more aware of as we move through 2024: Take better care of residents, business and staff. The author expounds in each of these areas with a bent toward tech as part of the solution but also speaks to the human element when …

A great overview of how preferred equity works in real estate transactions. As the opening paragraph states, “In commercial real estate (CRE) transactions, financing structures can be complex, incorporating various layers of …

The third bullet point in Chair Powell’s comments to the House Financial Services Committee earlier this month reminded me of my days at American Savings and Loan in the 1980s when I was running the REO Department. “You’ve got to have enough capital, enough liquidity and a plan to, …

A wonderfully comprehensive article from Mattews Real Estate Services addressing today’s financing alternatives in the changing, and to some degree, reset capital markets post-pandemic. It addresses  changes in the market and why, negative leverage, …