This week’s multifamily roundup features insights on the value of secondary and tertiary markets in CRE investment, single-family rental rates, and the role of multifamily in Millennial students’ housing decisions. First, Forbes discusses the draw of investing in secondary and tertiary markets and the value of their real estate offerings. Then, Mortgage Bankers Association reports that single-family rental rates are up in the first half of 2018 due to high demand and low supply. Arbor’s Chatter blog examines the size and distribution of collegiate Millennials over accommodation types. Next, Property Management Insider notes that apartment owners need to be nimble when it comes to planning their amenity spaces. Finally, Urban Land Magazine explains how technology is becoming integral to real estate development in metros that had not traditionally been known for high tech.


Understanding Secondary, Tertiary Markets and the Value of Their Real Estate Investment Offerings

Forbes – August 29, 2018

“Looking at hard data in smaller markets and comparing it to qualitative economic drivers will show higher yields and greater spreads for secondary and tertiary market real estate investments.”

Single-Family Rental Rates Up 4.1% in First Half

Mortgage Bankers Association – August 27, 2018

“High demand and low supply of lower-priced single-family rental properties continue to push up rents for this segment of the rental market.”

What Role Do Apartments Play in Off-Campus Student Housing Demand?

Arbor Chatter – August 28, 2018

“A sizeable share of collegiate Millennials lives in off-campus rental accommodations, with apartment buildings dominating this segment.”

Apartment Amenities that Sell: Back to the Basics          

Property Management Insider – August 30, 2018

“Many renters crave luxury features and demand vacation-like experiences where they live but often don’t want to pay extra in rent.”

Tech and Manufacturing Driving Growth in Southern U.S. Markets

Urban Land Magazine – August 27, 2018

“Technology has become integral to the South’s economic well-being and is becoming a factor in real estate development in areas that had not been known for high tech.”