Category Archives: Growth

Greystar and Its Choice to Use Amazon Hub Lockers

Greystar’s decision in October to use Amazon Hub for its residents’ package deliveries created a stir among apartment operators. Mixed reactions included that Amazon’s product was unproven and insufficient and the world’s largest online retailer could soon come to dominate deliveries (if … Continue reading

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Texas Economic Indicators

The Texas economy strengthened in October. The state posted strong job gains, and the unemployment rate fell to a record low. Firms responding to the Dallas Fed’s Texas Business Outlook Surveys reported accelerating growth in production, revenue and sales as … Continue reading

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Reis: Rent-Growth Deceleration Continues in 1Q ’17

The average U.S. apartment asking rent grew 0.4% in the first quarter of 2017, up to $1,315, and by 3.3% on a year-over-year (YOY) basis since the first quarter of 2016, according to Reis’1Q 2017 Apartment Sector Preliminary Trends Release. … Continue reading

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Fed Holds Interest Rates Steady but Voices Confidence in Economy

A few pieces of disappointing economic news in recent weeks have not shaken the Federal Reserve’s confidence that the economy is in good health. The Fed, as expected, did not raise rates on Wednesday after a two-day meeting of its … Continue reading

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ULI Forecast Predicts Moderate Growth for Economy, CRE

The U.S. economy and CRE industry are, in general, expected to experience moderate growth through much of 2019, according to a new three-year economic forecast from the Urban Land Institute’s (ULI) Center for Capital Markets and Real Estate. Eight ULI … Continue reading

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Market Pulse for March 2017

Market Pulse section compiled by IvyLee Rosario. To comment, email Multifamily Starts: According to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, starts of buildings with five or more units continued to show wide … Continue reading

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January 2017 Market Trends

After a tumultuous 2016, the national apartment market began 2017 on an even keel, as annual effective rent growth declined by only 1 basis point (bps) to 2.1% and the average rent level increased for the first time in five … Continue reading

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