Tom Burns’ Post

𝐌𝐮𝐥𝐭𝐢𝐟𝐚𝐦𝐢𝐥𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞: 𝐑𝐞𝐧𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐚𝐧𝐝 𝐎𝐜𝐜𝐮𝐩𝐚𝐧𝐜𝐲 𝐓𝐫𝐞𝐧𝐝𝐬 Recent data from Yardi Matrix reveals interesting shifts in the multifamily landscape: 🌇 𝐍𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐚𝐯𝐞𝐫𝐚𝐠𝐞 𝐚𝐬𝐤𝐢𝐧𝐠 𝐫𝐞𝐧𝐭: $1,721 in September 2024 🌇 𝐘𝐞𝐚𝐫-𝐨𝐯𝐞𝐫-𝐲𝐞𝐚𝐫 𝐫𝐞𝐧𝐭 𝐠𝐫𝐨𝐰𝐭𝐡: 0.6% 🌇 𝐎𝐯𝐞𝐫𝐚𝐥𝐥 𝐨𝐜𝐜𝐮𝐩𝐚𝐧𝐜𝐲 𝐫𝐚𝐭𝐞: 94.8% (down 20 basis points year-over-year) Top performers for year-over-year rent growth: 🌇 Indianapolis (3.6%) 🌇 Columbus (3.3%) 🌇 Kansas City (3.2%) At Carbon, we're closely monitoring these trends to inform our investment strategies. What's your take on these market dynamics? #MultifamilyRealEstate #RentTrends #MarketInsights

According to Yardi Matrix's #Multifamily Research Bulletin, multifamily asking rents are ticking up with Columbus, OH topping the charts across asset classes. Yardi states that rent growth continues to be highest in the Northeast and Midwest, led by New York City (5.5% year over year), New Jersey (4.4%), and Columbus (4.2%). This is positive news for the already-strong momentum we're seeing at our Clear Opportunities Fund I portfolio in #Columbus!

Dive into the dynamic world of multifamily real estate with our latest blog post! 🏢💼 Discover how the Northeast is defying national trends with a surprising surge in revenue. Uncover the intricate dance of occupancy rates, rent fluctuations, and market cycles that shape the fortunes of landlords and tenants alike. This is your insider's guide to understanding the forces at play in 82 key markets across the U.S. Don't miss out on these crucial insights—read on for a deep dive into Moody's multifamily market analysis. #RealEstate #MarketTrends #InvestmentInsights Read my latest blog post: https://lnkd.in/eQu4R7Ta

Yardi Matrix, a leading source of market data in Multifamily, released their latest rent growth data for February 2024. Check out Philadelphia, well above the national average, barreling through the new inventory. Keep in mind per the footnote that the national average takes into account 140 markets, not just the key markets shown on the graph. Check out the right side of this graph - the "hot" markets Charlotte, Nashville, Raleigh, Atlanta. The sun belt is getting sun BELTED by negative rent growth. Investors are recognizing this and we will see a migration of capital from the Southeast back up through the midatlantic into the Northeast. Full report - https://lnkd.in/ePj-FRBQ Philadelphia is: -Top 10 Market for Rent Growth (#10) -Top 10 Market for Forecasted Rent Growth (#7) -Top 10 Market for Job Growth (#5) -NOT in the top 10 Markets for Completions #multifamily #philadelphiarealestate #investmentsales #philadelphiamultifamily #philadelphiaapartments #philadelphiacre #cre #realestate #realestateinvesting #cushwake

Rents continue to go up across the US. This is a great indicator of resilience and potential for recovery across various metros. Let's keep an eye on the data as these markets evolve. From Yardi Matrix "The national average asking rent rose to $1,721 in March, with the year-over-year growth rate increasing to 0.9%. Markets in the Midwest and Northeast remain atop the Matrix top 30 metro rankings, led by New York City (5.0% year-over-year), Columbus (4.5%), Kansas City (3.7%), Indianapolis (3.5%) and New Jersey (3.4%). Negative rent growth is slowing for a number of metros that were recording significant rent declines for the last several months, as Austin (-5.9%) is the only metro in Matrix’s top 30 markets that is down by 3.0% or more year-over-year. Austin continues to contend with a high volume of deliveries." #multifamily #realestate https://lnkd.in/eCguTjiS

🏠💼 Is multifamily real estate recession-resistant? Yes! Multifamily real estate is often considered more recession-resistant compared to other types of real estate investments. Here's why: . Stable Demand: Even during economic downturns, rental properties, especially multifamily units, see increased demand as people downsize or postpone homeownership. . Consistent Income: Rent payments remain a priority, ensuring a steady stream of income for investors, unlike other commercial real estate sectors where tenants might leave or renegotiate leases. . Diversification: With multiple units and tenants, multifamily properties offer built-in risk mitigation, spreading the impact of any financial hardships. . Flexibility: Landlords can adapt by adjusting rental rates or offering incentives to attract tenants, ensuring occupancy levels remain stable. . While not entirely recession-proof, multifamily real estate has proven resilient. Statistical data highlights multifamily investments' robust performance and resilience in economic downturns. They offer stability and growth opportunities in any climate, making them a reliable strategy for investors, rain or shine. Invest wisely and reap the benefits even in challenging economic times! 📈 . 🔹🔹🔹 What if you could passively invest in these real estate investments without: - Spending massive amounts of time searching for deals - Negotiating back and forth on contracts - Trying to raise money from investors - Or the headache of dealing with tenants at all hours of the day? . At Simplified REI, we specialize in Multifamily real estate assets. Interested in learning more? . Download our free guide to real estate investing: https://buff.ly/3PHhFgl . #realestatetips #RealEstateWealth #InvestSmartly #investors #multifamily #multifamilyinvesting #TGIF #Fridaythoughts #FridayVibes #SimplifiedREI

The U.S. multifamily market continues to show promising growth, offering lucrative opportunities for investors. According to Yardi Matrix's latest survey, the average asking rent rose by $6 to $1,733.  This marks a 0.6 percent year-over-year increase and a 1.0 percent rise year-to-date, continuing a four-month upward trend. National occupancy remained steady at 94.5 percent, reflecting strong demand. With the market showing steady growth and high occupancy rates, now is an excellent time to explore multifamily real estate opportunities. Learn More: https://bit.ly/3YSclez  Invest Now: https://lnkd.in/g9z2M8p5. #RealEstateInvestment #MultifamilyProperties #MarketTrends #InvestmentBenefits #WealthBuilding #LoombaInvestmentGroup

CoStar's national director of multifamily analytics, Jay Lybik  told GlobeSt.com that "institutional investors view the [multifamily housing] market as poised for recovery and expansion" as new data from CoStar Group shows a significant increase in demand and stabilization of vacancy rates. For those of you that have been following our insights, you won't be surprised to hear that we concur with Jay's assessment. Earlier this month our Chief Investment Officer, Vincent DiSalvo, noted in his latest commentary that “the complex dynamics surrounding today’s market are likely to create good investment opportunities over the coming year, even if transactions are limited in the near-term.” Read more here: https://lnkd.in/dWcadSMJ #Multifamily #CRE #RealEstateInvesting

Multifamily Investors, Bookmark These Websites for Market Insights! Multifamily Executive: A one-stop-shop for news, trends, and industry insights. Apartment List: Stay updated on rental trends, data, and market reports. National Multifamily Housing Council (NMHC): A valuable resource for research and industry advocacy. Zillow Research: Dive into market data, trends, and rental analytics. RealPage Insights: Get in-depth market intelligence and data-driven reports. These websites are your treasure troves of multifamily market information! 👇CLICK THE LINK BELOW TO FIND OUT ABOUT OUR CURRENT PROJECTS👇 #multifamilyinvesting #realestate #realestatetrends #knowledge #investwithscottkidd

For investors interested in learning the latest about what is happening in the US Multifamily market, this webinar with CoStar will be insightful! Feb 28th @ 11:00am