Latest Multifamily Trends

JVM Realty Corporation added Steve Boyack to its team as COO. Boyack will serve the company’s multifamily communities throughout the Midwest. He will also oversee the company’s corporate operation functions, which includes technology, sales, marketing, asset management and office management, as well as the performance of the company’s property management platform. Before joining the JVM More

Senior housing acquisitions and development are expected to see a sharp increase in activity this year — a trend which should heavily continue over the next few years. As the baby-boomer tenant base ages, the demand for senior housing is only going to grow. While Florida will continue to be a powerhouse in terms of More

Cost strains on development should continue throughout 2022 and well into 2023, though despite this, expect the multifamily segment to remain a strong asset class. Demand for workforce housing will continue to grow, and as such, expect developers operating within that segment to be heavily active in order to provide adequate supply.   Count on More

Middleburg Communities expects acquisition trends in 2022 to continue the breakneck pace experienced last year, with a lot of sales on the market. “Volume is going to be incredibly elevated. There’s a lot of new capital showing up,” said Kory Geans, chief investment officer for Middleburg Communities, noting that there’s been a massive influx of More

Though the early parts of 2021 saw some slowdown in terms of overall acquisition and development pipelines, the latter half of the year saw massive increases in buyer demand. This trend is only going to continue well into 2022, as the volume and demand for the multifamily segment is hitting record highs. Expect several developers More

Pine Tree has added Stan McElroy to its team, where the industry veteran will serve as the company’s director of business development. McElroy will oversee the company’s business development and acquisition efforts for the west side of the United States. Previously, McElroy served as the President of BIG Shopping Centers USA, a subsidiary of Israeli-based More

While investor interest in the Sun Belt will remain robust, watch for growing attentiveness in the Northeast and Midwest and other parts of the country to maintain their current trajectories, as an increasing number of investors and developers set their sights on markets that remain mostly untapped during the height of the pandemic. Though there More

Adaptive reuse for mixed-use development will be a strong trend this year. Multifamily anchored mixed-use properties have remained a solid asset class during the pandemic — a trend that should continue throughout 2022. Expect a bit of a continued bounce back for metropolitan acquisitions and development, though not likely on the scale of the surge More

Mixed-use acquisitions and development are on the rise, particularly in areas in the Pacific Northwest and Northeast. Increased retail space will be a growing trend with mixed-use developers, alongside allocating a significant portion of unit space towards workforce housing tenants. American Capital Group acquired 4.59 acres of land in Washington state earlier this year with More

Multifamily development in 2022 will maintain the pacing of 2021 surges, though costs are only expected to increase as available space, alongside the rising costs of construction projects, continues to present an ever-growing hurdle for developers and investors. Expect a slow trickle away from the Southeast region to continue as developers look to target a More

Expect portfolio deals to be a big trend this year. Acquisitions show no signs of stopping and investors are going to be keen to make larger deals and build strong unit counts as quickly as possible by buying up property before competitors have a chance to swoop in. David Kaufman, president and chief investment officer More

Last year proved to be a strong year for the acquisitions segment, and this year looks like that trend will continue, with multifamily companies hoping to expand outside of the current powerhouse Southeast markets like Florida and Texas in an effort to secure hidden gems among a crowded speculator set. MIG Real Estate expects this More