Ivan Kaufman’s Blog 2017-07-19T16:32:21+00:00

Ivan Kaufman’s Real Estate Blog

Weekly Roundup | October 20, 2017

In this week’s collection of the top multifamily reads, we take a look at how changing technology and behavior impact the apartment sector. First, Multifamily Executive walks through the ‘triple bottom line’ benefits — social, environmental and fiscal — of implementing energy and water efficiency programs. Next, an article from Property Management Insider expands on some low- and no-cost retrofits to reduce your utility bills. We then get a look at how driverless cars will impact commercial real estate from the Commercial Observer. Expect to see things like less parking and perhaps changes to underwriting. The roundup is rounded off by two articles taking a closer look at older renters. HousingWire shows us how Baby Boomers are leaving homeownership in droves, while NAREIT uncovers that senior housing occupancy has remained stable in spite of a building boom.  

Photo by Anna Holowetzki on Unsplash

Photo by Anna Holowetzki on Unsplash

Green Financing’s Triple Bottom Line

Multifamily Executive – October 12, 2017

“Encouragingly, many multifamily lenders have embraced innovative green-financing techniques that not only monetarily benefit apartment owners, but make life better for renters and improve the health of local communities.”

 

In Multifamily, Energy Efficiency Equals Fiscal Efficiency

Property Management Insider – October 18, 2017

“Low and no-cost retrofits are a really good way for a property owner or manager to dip their toe into the water of energy efficiency in a very sellable way.”

 

No One at the Wheel: What Will Driverless Cars Do to Real Estate?

The Commercial Observer – October 17, 2017

“Uber and Lyft have already started the revolution, but driverless cars promise to upend the way Americans live and work—and real estate with it”

 

Rental Listing Service Reports Baby Boomers Leaving Homeownership in Droves

HousingWire – October 19, 2017

“Data from the U.S. Census Bureau shows that it is actually not Millennials who are pouring into the rental market, but Baby Boomers, according got the latest report from RENTCafé.”

 

Senior Housing Occupancy Stable in Q3 Amid Building Boom

NAREIT – October 18, 2017

“Not only are more and more older Americans living in retirement communities than ever before, they are also moving in at younger ages.”

Weekly Roundup | October 13, 2017

In this week’s collection of top multifamily reads, we examine growth in small balance lending, construction permits and multifamily rents. First, the Mortgage Bankers Association explores the recent rise in small balance multifamily lending. Next, we turn to MPF Research, which offers new research shedding light on increased construction permits across several key major metros. Moving on to rent growths, National Real Estate Investor explores an interesting correlation between rent growth and former housing crash cities. Though rent growth has slowed down somewhat, affordability continues to be a major issue for many renters, as Chandan Economics explores in their latest article on ALEX Chatter. Rounding things off this week is a look at the top ‘hipster’ markets via Realtor.com and Yelp – surprisingly, Brooklyn is not in the Top 10.

Photo by chuttersnap on Unsplash

Photo by chuttersnap on Unsplash

Steady Rise in Small Balance Lending

Mortgage Bankers Association – October 12, 2017

“Small balance multifamily lending — including acquisition and refinancing loans with original balances between $1 million and $5 million — is rising steadily and could set a record in 2017, said Chandan Economics and Arbor.”

 

Permit Volumes Rise as Some Major Metros See Increased Activity

MPF Research – October 11, 2017

“On the metro-level leaderboard for annual authorizations, the top 10 remained largely intact, with only Phoenix replacing Miami in the #10 spot.”

Apartments Rents Are Growing the Most in Former Housing Crash Cities

National Real Estate Investor – October 10, 2017

“Apartment rents continue to grow more slowly than before. The cities where rents grew the most in 2016 are still top cities for rent growth this year, but their lead is getting smaller.”

 

What Income is Needed to Rent Affordably: A Scan Across US Metro Areas

ALEX Chatter – October 10, 2017

“Apartment affordability has acquired crisis-like status across several US metros. In this post, we examine the income needed to rent affordably in small apartment buildings across the US.”

 

Hottest Hipster Markets in America List Revealed 

MultifamilyBiz – October 10, 2017

“Released today, the realtor.com Yelp Hottest Hipster Markets in America list identifies the most in-demand housing markets in the U.S. with the highest concentrations of “hipster” businesses for home buyers looking to embrace indie culture.”