While some markets are feeling pressure from new product, other markets are managing to sustain — and even strengthen — healthy
multifamily occupancy rates.
When the new year began, the national
multifamily occupancy rate was at a 10 - year high of 95.8 percent, according to a Jones Lang LaSalle...
Not exact matches
Lowering the
occupancy rate would allow more
multifamily units to qualify for FHA condo financing.
A declining home ownership
rate, decreasing tenant turnover and constricted supply are helping to push up
occupancies and rents sooner than even
multifamily REIT officers expected.
While condo conversions benefit
multifamily owners by shrinking the supply of apartments, condo buyers are typically renters, so conversions won't necessarily lead to a jump in
occupancy rates.
A 2014 study by Urban Land Institute's
Multifamily Housing Councils division, evaluating market performance and market acceptance of micro-housing, showed that newly - built micro-housing had higher
occupancy rates and achieved higher effective rents for new leases.
With new
multifamily construction largely stalled and homeownership on the decline,
occupancy and rental
rates at apartment communities surged, and...
The music continued to play in 2015 for the white - hot
multifamily market, as many investors saw rents and
occupancies climb higher and cap
rates fall.
This phenomenon has contributed to a significant slowdown in most housing markets in single family home purchases but it has also contributed to a significant increase in
multifamily and single family rental
occupancy and rental
rates.
Landlords and
multifamily facilities see faster lease - up
rates in sustainable properties, so you'll reach stable
occupancy quickly.
A relatively limited amount of new
multifamily construction in Northeast Florida has kept the
occupancy rate above its historical average, presenting opportunity for increased rent growth.