Downtown Chicago Rents Have Suffered While Suburban Markets Were a Mixed Bag
multifamily
Near-term outlook for apartment fundamentals. Initiatives to support the industry. Apartment sales/trading trends. Financing update and outlook. How transactions are getting done.
THE RENT STRIKE IS GAINING MOMENTUM: What you need to know about legislation proposals in various states. How this proposed legislation will impact multifamily owners nationwide. How can you mitigate the risk?
Nearly half of multifamily mortgage debt outstanding is backed by the federal government and, thus, stands to benefit from the CARES Act and recent actions from the Federal Reserve.
It may sound like bad news for the apartment sector: rent growth may stay relatively flat in the second half as vacancies and interest rates climb. But multifamily analysts insist the sector is going to remain strong over the long-term as investors search for properties to buy.
Multifamily Sales Continue to Trend Downward in City, While Suburban Sales Volume Sets New Record