In this week’s selections of news, industry research provides economic data that underscores the resilience of multifamily investments, even in the current, challenging COVID-19 economy. We begin with a video, in which Sam Chandan, the founder of Chandan Economics and dean of New York University’s SPS Schack Institute of Real Estate, briefly reviews multifamily metrics indicating the sector’s strong performance. Mortgage Professional America provides data that shows multifamily’s continued rent growth. GlobeSt highlights the Arbor Realty Trust – Chandan Economics report which explains why multifamily cap rates are holding steady. Moody’s Analytics REIS offers key takeaways about the economy in the second quarter, which directly impact commercial real estate. Finally, REBusinessOnline describes ways in which multifamily properties are changing to accommodate coronavirus-related demands and trends.
Video: Small Multifamily Shows Resilience
Arbor Chatter – September 9
“In the approximately three-minute video, Sam Chandan, founder of Chandan Economics and dean of New York University’s SPS Schack Institute of Real Estate, discusses tenant payments and other key metrics of the multifamily asset class.”
Multifamily Rent Growth Sees Second Consecutive Uptick in August
Mortgage Professional America – September 10
“Multifamily rent growth sees second consecutive uptick in August.”
Finance Rates for Small Multifamily Real Estate Find Stability
GlobeSt – September 8
“With COVID-19 causing many young households to reconsider their housing location preferences, the small multifamily subsector may prove more resilient in re-leasing and maintaining stable occupancies over the medium term.”
Q2 2020 Quarterly Economic Briefing – Economic Overview Takeaway
Moody’s Analytics REIS – September 10
“Get the key takeaways on the second quarter Economic Outlook, presented in the Q2 2020 Quarterly Economic Briefing. We provide an overview of the economy, labor markets, and our expectations for the shape of this recovery.”
(5) Texas Multifamily Developers, Architects Improvise
https://rebusinessonline.com/texas-multifamily-developers-architects-improvise/
REBusinessOnline – September 10
“Multifamily developers and architects are tasked with trying to judge the staying power of these changes and to find balances between implementing features that promote safety and wellness without busting their budgets.”
