#Multifamily

A pair of recent reports, one from  CoStar and another from  Real Capital Analytics  (RCA), show that multifamily property continues to see price increases despite the pandemic.

Multifamily deals are seeing a surge right now, despite COVID challenges. Multifamily investors need a good formula to make the due diligence go smoothly.

Most Up-to-Date Economic Assessment, Government Initiatives and Potential Impact, State of the Real Estate Financing and Transaction Markets, Challenges and Opportunities by Property Type

The newest development migrating toward luxury, Class A apartment deals because higher rents are required to achieve a return on investment.

The number of Chicago-area renters earning $75,000 or more rose 38.8% between 2010 and 2018, says a national report from the Harvard Joint Center for Housing Studies.

New development is expected to exceed anticipated demand for the first time in years. Wage growth does not seem to be keeping pace with rental price increases and certainly, rent control measures could significantly impact investment – especially in the value-add segment of the market.