Multifamily

After a slowdown, apartment rent growth increased to 2.9 percent in the third quarter of 2018.

Cap rates on multifamily transactions have not moved much since 2017, according to Real Capital Analytics.

The threat of tariffs is putting pressure on prices of construction materials, driving up project costs.

With core assets delivering thin returns, institutional investors are looking at value-add and redevelopment opportunities.

Strong demand from renters has kept up with a high pace of new construction, allaying fears of overbuilding in the market.

The firm sees the 1,300-unit property, known as Parker Towers, as an affordable option for renters seeking alternatives outside of Manhattan and in parts of Queens, such as Long Island City, where new construction and sky-high prices are rife.

Conduits lenders are often willing to make loans make loans that cover up 75 percent of the underwritten value of an apartment property.

Research firm Yardi Matrix reports it has registered rent concessions in every one of the 133 markets it tracks.

The Department of Justice is now looking into whether banks "colluded" with developers to accept lower prices for LIHTCs for some properties than might have been available from other investors.