This week’s collection of multifamily news stories cover a wide range of developments in the apartment sector. First, NREI explores the financial benefits associated with going green in rental communities. Next, another NREI article explains the significance of small loan borrowers, and how the need for reliable and competitive financing is growing in order to accommodate them. Arbor’s ALEX Chatter then investigates how in-structure parking impacts rent rates across the country. We then turn to Realpage, which identifies the 10 US metros that are issuing the most multifamily permits. Lastly, Market Watch examines how more millennials are gravitating toward small towns for their affordability.   

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The Multifamily Green Sweep

NREI – Nov 1

“The driving factor isn’t just environmental concern — it’s financial.”

Why Borrowers of Small Loans are a BIG Deal

NREI – Nov. 1

“Yes, they house 70 percent of the country’s multifamily renter households, according to the U.S. Census Bureau, but that’s just the beginning.”

How Important is Parking for Small Apartment Properties?

ALEX Chatter – Nov. 1

“In-structure parking is most prevalent in Sun Belt markets, but carries the biggest price premium in parking-starved Eastern metros.”

Multifamily Permit Volumes Decline in September

Real Page – Nov. 1
“A cooling of multifamily permitting volumes across several major metros translated into a drop-off of national annual authorization totals in September 2017.”

Why are Millennials Moving to these Small Towns?

MarketWatch – Oct. 30

“Big cities and their big employers have always attracted young workers, and that’s still true. But a combination of factors—sky-high home prices chief among them—have sent millennials across the country looking for alternatives.”