Apartment market conditions are more favorable in terms of debt financing and sales volume, but equity financing continues to be less available than prior quarters amid continued high interest rates, according to the National Multifamily Housing Council.
A new report from the National Multifamily Housing Council hints at the costs created by the kind of strident local opposition that’s bedeviled new apartment and condominium projects across Massachusetts.
In one of the first acts of his new administration, President Joe Biden extended the federal eviction and foreclosure moratorium though March 31 as he prepares to ask Congress for an additional extension through September.
Major figures in the banking and commercial and residential real estate industries roundly condemned Wednesday’s attack on the U.S. Capitol Building by supporters of President Donald Trump aimed at halting Congress’ ceremonial affirmation of the 2020 election results.
After initially showing weakness as the month began, the National Multifamily Housing Council’s rent payment statistics show most renters are continuing to make either full or partial payments to their landlords this month.
With the $600 federal boost to unemployment benefits having run out on July 31, indications suggest rental collections at large apartment complexes are beginning to suffer, a leading landlord trade group said.
A major survey of rental payments across America’s market-rate multifamily landlords shows more apartment tenants made full or partial rent payments as of May 13 than at the same time in April
Market conditions for the apartment industry remained soft in the National Multifamily Housing Council’s October Quarterly Survey of Apartment Market Conditions.
