Growth in the already high performing multifamily market and predictions for future shifts in amenity offerings are explored in this week’s news top industry news stories. To start, the Mortgage Bankers Association reports that delinquency rates for loans have reached a 24-year low, proving that commercial and multifamily mortgages are performing extremely well. Then, National Real Estate Investor investigates how improved fundamentals and robust investment sales are contributing to a stable outlook in multifamily. ALEX Chatter considers the possibility of a future where parking as an amenity is no longer necessary due to transportation transformations. Also from ALEX Chatter, an exploration of how increasing demand factors, corporate relocations and new supply are working together to generate stability and strength in the Chicago market. Finally, Real Estate Weekly reveals the most important amenities that renters will be searching for in apartments as we enter 2018.

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3Q Commercial/Multifamily Delinquencies Remain Low; Bank Delinquencies Match Lowest on Record

Mortgage Bankers Association – Nov. 30

“Strong property fundamentals and values and ready credit availability are all helping contribute to this extraordinary performance.”

Exclusive Research Reveals Stable Outlook for the Multifamily Sector

NREI – Nov. 29

“While sentiment has dampened slightly, investors still prefer apartments over other commercial real estate property types.”

Autonomous Vehicles and the Future of Multifamily Parking

ALEX Chatter – Nov. 27

“With the introduction of autonomous cars, transit-oriented development and the rise of ride-sharing companies, it seems inevitable that parking will take somewhat of a back seat.”

Chicago Multifamily Market Update: Deal Volume Up as Investors Chase Yield

ALEX Chatter – Nov. 27

“The Chicago multifamily market remained strong during Q3 2017, as rents continued to set new record highs. Rising vacancy rates remained in line with the market’s historical average, despite a historically high influx of new supply.”

List of 2018’s Must-Have Apartment Amenities – and Why it Might Surprise You

Real Estate Weekly – Dec. 1

“It is important to assess not only what tenants want but what they expect to pay for various features and amenities. The following is an overview of some of the top items on the minds of U.S. apartment renters.”

By | 2017-12-28T19:33:03+00:00 December 1st, 2017|Architecture, Blog, NYC, Real Estate|0 Comments

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