A Look at the Most and Least Expensive Multifamily Investment Markets

As we enter the fall buying season, it’s useful to look at pricing in major multifamily markets through the first half of the year. Not only in the priciest markets, but also in markets that may represent higher yield opportunities. Using transaction data compiled by Real Capital Analytics, we calculated the average sale price in the top 50 markets in the U.S. — specifically, the weighted average … Continue reading A Look at the Most and Least Expensive Multifamily Investment Markets

Not the Bachelor Pad: Age and Income Profiles of Single Renters in Small Apartment Properties

Married households and families are well-represented in small property apartments. Reflecting that skew to larger households, smaller properties account for a relatively smaller share of single renters when compared to large buildings. How Many Single Renters in Small and Large Properties? https://docs.google.com/spreadsheets/d/1xprlKBpox0GqVOfRgqeMq-QPTPBkJWmC15Gi_fGGsxk/pubchart?oid=1951124936&format=interactive As shown in the chart above, about 45 percent of all units in small properties are rented by individuals living alone, split equally … Continue reading Not the Bachelor Pad: Age and Income Profiles of Single Renters in Small Apartment Properties

Are America’s Seniors the Next Wave of Apartment Demand?

Seniors are an increasingly important multifamily renter cohort, especially for smaller properties. Some retirees are choosing to downsize and rent for lifestyle reasons. Other seniors are working — and renting — longer. How Big is the Seniors Renter Market? Seniors — including people 65 years of age and over — are 14.5 percent of the population. Their share is growing as the Baby Boom generation … Continue reading Are America’s Seniors the Next Wave of Apartment Demand?