Not exact matches
Legislative Joseph Meyers brought up a need to evaluate community demand, mentioning that most population
growth is coming from Ramapo's Orthodox Jewish community, most of whom minimize use of water through
multifamily housing.
SUMMARY OF QUALIFICATIONS Possess 23 plus years of diverse experience in the
multifamily and corporate
housing industry including development and implementation of effective business plans, focusing on
growth in market diversity and exceeding client expectations.
Industry experts at the Mortgage Banker's Associations» (MBA) Commercial Real Estate Finance (CREF) /
Multifamily Housing Convention & Expo in Orlando shared their insight on today's debt markets, ranging from the
growth of CMBS to treasury yields to loan maturities.
«Disappointing economic
growth in recent months means a slower recovery for most of the commercial real estate sectors, although
multifamily housing continues to benefit from pent - up demand resulting from an abnormal slowdown in household formation in recent years,» he said.
While it varies with the demographics, Frinzi said the
growth in market rate
multifamily residential and student
housing generally has outpaced the
growth in new construction for senior
multifamily residential or affordable
multifamily residential.
January's solid 10 % rise in single - family
housing construction in will help tame home price
growth, and the increase in
multifamily units should continue to help slow rent
growth.
The firm's
multifamily investment strategy is to focus on properties that benefit from the
growth of certain demographic segments, such as seniors
housing that provide attractive cash - on - cash yields.
Capitalizing on the
growth of an aging population in the Southwest while diversifying its
multifamily portfolio, Opus West is making a major foray into the seniors
housing market.
«Furthermore,
multifamily housing continues to be the top - performing sector with current rental demand exceeding supply — leading to rent
growth that is easily outpacing inflation in many metro areas throughout the country.»
Brian Stoffers, COO, CBRE Capital Markets, speaks with NREI Editorial Director David Bodamer about what will drive
growth for commercial real estate lending at MBA's Commercial Real Estate Finance /
Multifamily Housing Convention & Expo 2012 in Atlanta.
However, Birmingham's urban core has actually seen significant
growth in
multifamily housing that is supported by demand, particularly in mixed - use development.
The overall U.S.
housing market may have had another tepid year of recovery in 2013, but the
multifamily sector's
growth remained significant.
The government has been actively supporting the
growth of the
multifamily market via the release of lease - only residential land plots in leading cities where
house prices are becoming unaffordable for the younger generations as well as other policies to better regulate and increase transparency.
«This rise in single - family
housing construction will help tame home price
growth, and the increase in
multifamily units should continue to help slow rent
growth.»
«Capital remains attracted to
multifamily housing, although
growth appears to have leveled off as prime acquisition opportunities have become highly competitive,» the report says.
As you see some of that
growth in the single - family market getting kind of transmitted over to
multifamily, that's just putting greater pressure on household budgets and incomes, and the declining stock of affordable rental
housing.
«As the population continues to surge in South Florida and
housing affordability poses a real issue, the
multifamily sector will become increasingly relevant in supporting our region's
growth.»
All of these factors contribute to healthy demand
growth, and since supply in most cases is not keeping pace, the bigger issue becomes the diminishing availability of affordable
housing, rather than concern of deteriorating
multifamily fundamentals.
With the exception of
multifamily housing, which will benefit from the continuing slack in home sales, all major sectors are expected to see increasing vacancies, negative rent
growth, and generally weak absorption in 2010.
«We have a rapidly diminishing supply of affordable
housing, with rent
growth outstripping income
growth in most major metro areas,» said David Brickman, executive vice president and head of Freddie Mac
Multifamily.
Overall, both single - family and
multifamily housing stock has lagged behind household
growth in many markets — home ownership rates, under 64 percent, are still below historical averages, according to the U.S. Census Bureau's quarterly report issued at the end of October 2015.
A growing economy, rising household formations, low mortgage rates and pent - up demand will help single - family
housing production to rev up in 2015 while a
growth in renters will keep the
multifamily market at cruising altitude or higher, according to economists who participated in a recent National Association of Home Builders (NAHB) 2014 Fall Construction Forecast Webinar.
The OCC continued to single out
multifamily lending this year, saying that bank financial data from 2016 indicated
growth in commercial real estate lending, «led by the
multifamily housing sector and centered in the construction of luxury apartments primarily in the Northeastern and Western regions of the United States.»
Santa Clarita's recent
growth continues to surge, according to JPI, a leader in the development of Class A
multifamily housing.
Rentals will not necessarily benefit in the most expensive, desirable urban locations; supply
growth in
multifamily housing counterbalances demand, and stagnant income levels constrain rent
growth.