Market Trends

 Multifamily buildings are changing in light of  COVID-19. These changes are partly due to the health concerns the pandemic has brought on. But another part? That'd be changing renter demands and preferences. It's true: The coronavirus pandemic has had a marked impact on renter sentiment, affecting what tenants need in their homes, as well as what activities they take part in while...

The city of Naperville has taken an initial step towards requiring developers to include affordable housing in their plans, but the city council wants to be careful not to stymie development.

President-elect Joseph Biden has offered tax proposals that, if enacted, would substantially impact developers, operators, and managers of multifamily housing.

One of the major benefits of commercial multifamily investment is that, under IRS rules, property owners and investors are entitled to “depreciate” the value of their asset each year, which reduces the property’s taxable income and the associated tax liability.

The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 76.6 percent of apartment households made a full or partial rent payment by January 6 in its survey of almost 11.3 million units of professionally managed apartment units across the country.

Real estate is a proven commodity. There may be down years, but in the long term, real estate constantly appreciates and cash flowing real estate generates consistent income.