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Industry Coalition Urges White House to Sunset Eviction Moratorium on June 30

A broad real estate coalition has urged the Biden administration to sunset the federal moratorium on evictions on June 30, while applauding the measures the administration has taken to stabilize the h...

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Retail Rent Collections Eclipse 90% Mark For First Time Since Pandemic

Total retail rent collections approached 91% last month, the first time since March 2020 that collections eclipsed the 90% mark. May collections clocked in at 90.85%, up more than a percentage point o...

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Multifamily Market Reaches Pre-Pandemic Performance Levels

■ Multifamily rents increased by 2.5% year-over-year in May, which is almost exactly where rent growth was in March 2020 when the pandemic began spreading in the U.S. Many metros have recovered and ...

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Multifamily Developers Come Up Against Worsening Labor Shortage

Labor shortages are crimping multifamily builders, Chris Bruen, director of Research at the National Multifamily Housing Council, said in a post late last week. “In the latest round of NMHC&rsq...

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Weakening Home Sales Suggest a Post-Pandemic Cool Down

National home sales are showing signs of weakness after a market boom during the pandemic. Over a four-week period ending May 2, home sales fell 3%, according to a new report from Redfin analyzing hom...

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June Rent Payments at 77%

The latest findings are a sign of robust demand for apartments but the industry is still facing challenges including the federal eviction moratorium. The National Multifamily Housing Council’s ...

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Will the Eviction Moratorium Stand or Expire on June 30?

California rental housing providers have operated under a series of eviction moratoriums since the pandemic shut down the economy 14 months ago. And now, tenant activists and some lawmakers are fighti...

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A Construction Boom is Coming Despite Skyrocketing Material Prices

While rising costs have canceled some construction projects, CBRE says 2021 will still see a boom in new commercial real estate development. This is not to discount surging prices, which have resulte...

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Proposed Cap On 1031 Exchanges Would 'Cripple' CRE markets

President Biden’s proposed cap on Section 1031 like-kind exchanges would drastically curtail economic activity and effectively cripple CRE markets, according to a new analysis by Ernst & You...

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Entitlement Activity Whispers of Recovery in California's Multifamily Market

New entitlements for multifamily development in California could be an indicator that apartment construction is bouncing back. While new apartment deliveries and new starts decreased during the pandem...

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