Rent growth, investing in the current cycle and ways to attract millennials are covered in this week’s news highlights. First, MFE uncovers five real estate trends to keep an eye on in 2018. Then, RealPage takes a look at the rise in renewal lease rent growth. A new post from Arbor’s Chatter blog summarizes some of the key takeaways from the CREF Market Intelligence Symposium 2018 in New York City. NREI examines the ways in which developers can start to attract more millennials as they approach their peak spending years. Finally, Rent Café states that due to tight lending rules, a shortage of entry-level homes and skyrocketing prices, the number of families with kids who own a home is decreasing.

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5 Trends to Watch in Multifamily Investment for the Rest of 2018

Multifamily Executive – July 18, 2018

“Even with oversaturation and overbuilding in urban cores, capital market demand for multifamily remains robust, with sales volume up 44% year over year.”

Apartment Markets Leading Renewal Lease Rent Growth

RealPage Analytics – July 17, 2018

“Apartment leases that expired in 2nd quarter were renewed 52.3% of the time across the 50 biggest markets, with the average rent increase on those renewal leases coming in at 4.5%.”

MBA CREF Special Report: Real Estate Investing in the Current Cycle

Arbor Chatter – July 18, 2018

“As we enter the later stages of the current economic cycle, a major topic of discussion among real estate players is how much longer will this trend of slow and steady growth continue. ”

Best Ways to Attract Millennial Renters

NREI – July 18, 2018

“For those in the real estate business it’s imperative to continue to adjust to trends that are attracting this younger demographic.”

The Dream on Hold: 3.6 Million Fewer Families with Kids Own a Home Compared to 10 Years Prior

RENTCafé – July 10, 2018

“The number of families with minor children who own their home has decreased by almost 3.6 million in one decade (2006-2016), while the number of families with children living in rentals has increased by 1.9 million.”

By | 2018-09-07T17:19:17+00:00 July 20th, 2018|Architecture, Blog, NYC, Real Estate|0 Comments

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