Market Intel

Intel

Commercial and Multifamily Borrowing Sees 72% Year-Over-Year Increase in Q1

Commercial and multifamily mortgage loan originations rose 72% in the first quarter compared with a year ago but were 39% lower than the prior three months, according to the Mortgage Bankers Association. For multifamily properties specifically, the MBA’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations found that they experienced a

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Intel

Annual Rent Growth Sees Another Significant Jump in April

Multifamily rents aren’t seeing a slowdown yet, according to the latest Yardi Matrix Multifamily Report. The average U.S. asking rate rose $15 in April—$30 over the past two months and $50 year to date—to an all-time high of $1,659. Year-over-year growth, which moderated by 50 basis points, still remains high

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Intel

How Gen Z Renters Might Reshape Multifamily

Gen Z is surpassing millennials as the largest renter cohort dominating the multifamily market, which has comprised 42% of all CRE sales since the start of the pandemic, according to a new Cushman & Wakefield and Greystone report.  The sector has been favored by strong supply-demand fundamentals, as US household

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