Industry News

Multifamily sector expected to stay strong in 2017

Market watchers expect some moderation from record highs, but not much.

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MULTIFAMILY OUTLOOK

While Experts Expect Apartment Market to Moderate in 2017… …Don’t Be Surprised if it Continues to Outperform

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RealPage® Reports Robust Apartment Demand and Occupancy, While the Rent Growth Pace Cools Mildly

“U.S. Near-record demand for rental apartments registered in 2016, according to rental housing technology and analytics firm RealPage, Inc. (NASDAQ: RP) In turn, occupancy remained tight, despite rising numbers of completions. The rent growth pace is slowing a little, but pricing power remains above the historical norm.”

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Economy Watch: Apartment Supply, Rents Will Continue to Grow in 2017

“Continued employment growth will buoy a strong year for the apartment industry in 2017, according to a new Berkadia market forecast.”.

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Apartment Market Faces Supply Challenges, Amid Growing Demand

“Demand for apartments doesn’t show any signs of slowing down—but it’s become a challenge for many developers and investors as development costs rise. Supply is having a hard time keeping up with demand already—and that’s not likely to change any time soon”.

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Utah is the fastest-growing state in America

Utah is the fastest-growing state in America

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Multifamily Investing Fundamentals Grow Stronger

For the third consecutive quarter, multifamily investing fundamentals grew stronger in the third quarter

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Jake M. Millburn: 20 in Their 20s

Congratulations to Jake M. Millburn, Vice President of Acquisitions at Millburn & Company on being named one of Utah Business’ 2016 “20 in Their 20s” honorees.

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Jed B. Millburn: 50 under 40

Congratulations to Jed B. Millburn, Founder and CEO of Millburn & Company on being named one of Real Estate Forums’ 2016 “50 under 40”.

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Banks Slow Multifamily Lending Even As GSE’s Step On The Gas

While federal banking regulators are applying pressure on banks, the federally sponsored Freddie Mac and Fannie Mae are turning up their multifamily lending

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