This week’s multifamily roundup features insights on rising interest rates’ impact on cap rates, how multifamily landlords are incorporating coworking space, and the top trends to watch in commercial real estate. First, Real Capital Analytics reports that cap rates remain low despite several interest rate increases over the last several years. Then, Bisnow explores the trend of coworking space becoming a top amenity in apartment properties as more renters work from home. Arbor’s Chatter blog discusses the major trends on the minds of real estate players at the ULI Fall Meeting. Next, NREI reveals why greater demand for apartment rentals is here to stay. Finally, RENTCafé takes a look at the rise of second-tier metros as renters look for more affordable places to live.


All Eyes on US Cap Rates amid Interest Rate Hikes

Real Capital Analytics – October 18, 2018

“Investors have been anticipating cap rate increases for some time now – almost hoping for increases in some cases. It hasn’t happened yet.”

Working from Home Never Looked So Good

Bisnow – October 17, 2018

“As remote work increases, multifamily landlords are increasingly swapping out clubroom or lobby space for coworking.”

ULI Special Report: Top Trends to Watch in Commercial Real Estate

Arbor Chatter – October 17, 2018

“Slow and steady growth coupled by cautious optimism seemed to be the overall sentiment…at the 2018 ULI Fall Meeting in Boston, where panelists revealed their forecast for the U.S. economy and real estate market heading into 2019, as well as the annual ULI-PwC Emerging Trends in Real Estate Report.”

 Apartment Rentals Make Up a Larger Share of New Housing Units in the U.S. Than They Have in Decades

NREI – October 17, 2018

“Apartment rentals have been luring residents away from other kinds of housing since the housing crash—and that is not likely to change in the foreseeable future.”

Goodbye L.A., Hello Phoenix: Affordable Housing Makes Second-Tier Metros Top Choices for Moving

RENTCafé – October 11, 2018

“Living in a big metro like New York or Los Angeles may come with a high income and more opportunities, but the cost of housing in these expensive areas can place a middle-class lifestyle too far out of reach.”