This week’s collection of top multifamily news stories features a mix of topics all related to optimizing an apartment portfolio in 2018. First, we hear from Jeff Hayward at Fannie Mae, who presents the ‘triple bottom line’ of benefits related to green financing in Multi-Housing News. Next, Business Insider gives us a look at where smart foreign capital is investing in commercial real estate – and it’s not just the gateway cities you are used to. While small cities are attracting global investors, larger cities remain the preferred destination for new construction, according to the National Multifamily Housing Council. Chandan Economics also presents us with an interesting look at how rents in prewar buildings compare to new apartment stock across various MSAs, and the findings might surprise you. We close things off this week with a macro view of multifamily fundamentals from World Property Journal.  

Photo by Brandon Griggs on Unsplash

Photo by Brandon Griggs on Unsplash

Green Financing and the Triple Bottom Line

Multi-Housing News – September 13, 2017

“Fannie Mae is shaking up the multifamily lending space with industry-leading investment in environmental sustainability, says the GSE’s EVP Jeff Hayward.”

 

Smaller American Cities are Attracting Investment Capital from Overseas

Business Insider – September 11, 2017

“Global investors, concerned by a cooling Chinese economy and ongoing concerns related to Brexit and the future of the European Union, are increasingly turning their attention to the U.S. for safety, cash-flow, higher returns and stability.”

 

How Does Location Impact the Value of Older Apartment Properties?

ALEX Chatter – September 15, 2017

“While rents in prewar buildings can compete with newer stock overall, this story varies considerably across metro areas.”

 

Multifamily Industry in U.S. Sees Continued Market Growth in 2017

World Property Journal – September 12, 2017

“A significant majority of the U.S. multifamily industry believes the rental housing market will continue to grow, fueled by increasing demand and a growing population.”

 

The Geography of Apartment Construction

National Multifamily Housing Council – September 15, 2017

“It’s likely that much of the concentration of multifamily permitting activity that’s been concentrated in the top tiers of multifamily markets will continue as people and jobs keep heading toward key central cities.”