National Report Q3 2023

National 3Q23Multifamily Market Report $1,824 average rent 94.6% average occupancy rate $54.8B ytd sales volume 0.4% YoY rent change -1.2 POINTS yoy occupancy change 2,636 YTD individual transactions Supply & Demand 3Q23 90,837 Units QUARTERLY DEMANDYTD: 184,906 128,130 Units QUARTERLY COMPLETIONSYTD: 320,632 Regional Supply & Demand Comparison West 70,781 36,482 256,444 Midwest 44,040 22,400 101,740 […]

How Fast is Inflation Cooling Across Major US Cities

To evaluate the regions where inflation accelerated most rapidly, we analyzed the latest Consumer Price Index for All Urban Consumers (CPI-U) from the Bureau of Labor Statistics, comparing the percent change from Jul 2022 to July 2023, across 23 major metropolitan areas.

San Antonio 3Q23

An interactive look into the Multifamily Construction Pipeline in Q3 for San Antonio, TX

Phoenix 3Q23

An interactive look into the Multifamily Construction Pipeline in Q3 for Phoenix, AZ

Northwest Arkansas 3Q23

An interactive look into the Multifamily Construction Pipeline in Q3 for Northwest Arkansas

Kansas City 3Q23

Kansas City, Missouri, USA Skyline

An interactive look into the Construction Pipeline in Q3 for Kansas City, Missouri

Columbus 3Q23

Columbus, Ohio, USA Skyline

Columbus Construction Pipeline 3Q23 MARKET SNAPSHOT 0 Existing Units 0 % share of existing inventory uc 0 total units under construction # 0 rank* 1 = Highest Share of Inventory UC 0 units delivering in next 4q 0 delivered in the last 4q * Rank is based on the share of inventory (Units Under Construction/existing […]

Competitive Capital Case Study

COMPETITIVE CAPITAL MULTIPLE OPTIONS ON A TIGHT TIMELINE THE SITUATION A new developer encountered challenges while attempting to complete a 252-unit multifamily development project in Bentonville, AR. The project was only 40% complete when the second phase of the construction loan fell through due to changes in the market. With only a month’s worth of […]

Tampa 3Q23

An interactive look into the Multifamily Construction Pipeline in Q3 for Tampa, FL

Charlotte Q2 2023

Charlotte 2Q23Multifamily Market Report $1,600 average rent 93.8% average occupancy rate $499.3M ytd sales volume 2.9% YoY rent change -2.3 POINTS yoy occupancy change 11 YTD individual transactions Supply & Demand 2Q23 2,987 Units QUARTERLY DEMANDYTD: 5,444 3,637 Units QUARTERLY COMPLETIONSYTD: 6,854 Annual Demand vs Completions 2018 7,951 8,005 2019 8,551 8,200 2020 7,410 7,238 […]

Weekly Roundup 12-16-22

WEEKLY ROUNDUP 12.12.2022 – 12.16.2022 Your weekly collection of third-party reports, blogs, articles, and podcast covering the topics affecting the multifamily industry today. Multifamily Industry News Globe Street: It’s Been a Bad Year but REITs Could See a Strong 2023: A bad 2022 for REITs could turn into a great 2023, but that if depends […]

Weekly Roundup 12-05-22

WEEKLY ROUNDUP 12.5.2022 – 12.9.2022 Your weekly collection of third-party reports, blogs, articles, and podcast covering the topics affecting the multifamily industry today. Costar: Sun Belt No Longer the Nation’s Multifamily Rent Growth Leader: Reduced Demand, Near-Record Deliveries Has Sun Belt Rents Retreating Quickly. In 2021, Sun Belt rent growth in multifamily properties peaked at […]

Weekly Roundup 12-2-22

WEEKLY ROUNDUP 11.28.2022 – 12.22022 Your weekly collection of third-party reports, blogs, articles, and podcast covering the topics affecting the multifamily industry today. Globe Street: Yardi Revises Year-End Multifamily Outlook as Midsize Markets Thrive: Yardi has revised its 2022 year-end outlook for multifamily rent and occupancy upward from 6.9% to 7.6%, as many midsize markets […]

Q/Q Rent Growth 3Q22

Markets holding up the best at the end of the 3Q are “slow and steady” Midwest & Gateway markets