Are you looking for financing? Click below to get a free quote today.

Know Your Agency Loan Options

When your local bank or credit union can’t provide adequate financing, it may be time to look at more robust loan options. Agency loans, while strict in regards to borrower requirements, are some of the best options for multifamily investors. Loan programs insured by the likes of Freddie Mac and Fannie Mae are often non-recourse and offer higher leverage than most conventional loan options. Find out why an agency loan may be the best option for your next investment in this review from Multifamily.Loans.

Understanding Property Management Fees

Most building owners utilize property management companies to oversee the daily operations of a multifamily asset. The benefits are plenty, as operating larger properties is an incredibly time-consuming task, and most owners do not actually seek to become landlords. That said, property management companies must be compensated for their efforts, and understanding how their fees are determined can be quite helpful for property owners. Luckily, this guide covers all of the details regarding property management fees and their determining factors.

Crowdfunding for Commercial Real Estate

Syndication is nothing new in the multifamily sector. In fact, some of the biggest deals are facilitated through the pooling of capital by a group of like-minded investors with healthy reserves of capital. In today’s times, an even more straightforward and less exclusive version of syndication exists in the form of crowdfunding. But before you head over to Kickstarter with the intention of acquiring a multilevel apartment building, you should probably read about the actual nuances of multifamily crowdfunding in this informational article on the topic.

Opportunity Zones: A Guide

With recent economic pressures and incredible rental demand, many investors are turning to affordable housing for potential investment. There is a substantial need in many areas of the country for affordable units, and the more economically distressed areas — known as Opportunity Zones — offer impressive investment opportunities for interested parties. While the program itself is nothing new, investors can learn plenty about how it works and the benefits it can provide in this explainer from Multifamily.Loans.

Need Financing?

Did someone forward you this email? Awesome. Subscribe below to get our weekly insights right in your inbox.

Thanks for reading Multifamily Minute! Subscribe for free to receive new posts and support my work.

Are you looking for financing? Click below to get a free quote today.

Get Your Free Quote

Carter Multifamily Secures $302M Refi

JLL Capital Markets arranged a stellar debt and equity package through Freddie Mac® for the refinance of a six-property portfolio comprising 1,494 units across the DMV area. The package includes seven-year floating rate loans that encompass $262 million in debt and $40 million in equity — more details on the portfolio and financing package can be found in this Multifamily.Today article on the deal.

Your Best Small Balance Commercial Loan Options

While it’s easy to think that most multifamily deals represent tens or even hundreds of millions of dollars per transaction, the truth is that a significant portion of multifamily investment takes place on a much smaller scale. After all, not every investor has access to or is even eligible for such large sums of capital debt. Luckily, as this article explores, investors have a few great small balance loan options to choose from when targeting assets under $5 million.

The Pros and Cons of Apartment Ownership

Owning and operating an apartment building is not for the weak. Though it can potentially be a highly lucrative investment to make, it can also be a fast track to stress (and bankruptcy) for those not properly prepared for the task. There are many considerations would-be investors need to mull over before jumping into the world of apartment ownership, but this article from Multifamily.Loans condenses the major points into an easily-digestible set of pros and cons.

Austin: A Multifamily Investor’s Safe Haven

The multifamily market in Austin, Texas has been on a roll of late, and may not be slowing any time soon. Massive opportunities in the region for residents and corporations alike have managed to keep housing demand at impressive levels — with the region sporting its lowest vacancy rate since 2014. More on Austin’s investment trends can be found in the latest market analysis from the team at Multifamily Today.

Need Financing?

Did someone forward you this email? Awesome. Subscribe below to get our weekly insights right in your inbox.

Thanks for reading Multifamily Minute! Subscribe for free to receive new posts and support my work.

Are you looking for financing? Click below to get a free quote today.

Thanks for reading Multifamily Minute! Subscribe for free to receive new posts and support my work.

Get Your Free Quote

Understanding The New Markets Tax Credit

As the struggle for more affordable housing rages on, one of the more basic concerns is how to get the necessary units delivered in the right areas. The New Markets Tax Credit serves to solve this by incentivizing investors with a hefty 39% tax credit for their capital injection into designated CDEs with a primary focus on such areas. This guide on the NMTC delves deeper into the program and its benefits to investors and the American population.

The Historic Tax Credit Demystified

Most can agree that the rich history of our country is preserved in the architecture found across the nation. These historic sites are valuable beyond their monetary worth, and preserving them should always be a priority. Investors looking to rehabilitate historic structures might be pleased to know that the historic tax credit program provides a 20% credit against the cost of eligible rehabilitation expenses – meant as a way to ensure the preservation of these historic sites. 

A Look at Loan Documentation

Every commercial mortgage program is unique in some way, and every lender has its own slate of borrower requirements and lending criteria. Still, there are basic constants that nearly every loan transaction includes, mostly in the form of the required documentation. Whether you’re a seasoned investor or new to multifamily investment, having the proper documentation prepared and ready to submit with an application can make a world of difference. Our handy guide on Multifamily.Loans provides an extensive list of commonly required documents, with downloadable templates for any who may need them.

Miami Market Movements

The market for Class A luxury assets in Miami is on fire, and investors can’t get enough of the heat. Demand for luxury properties is expected to remain at elevated levels as more and more jobs and workers migrate to the sunny and business-friendly market. More details on the market trends can be found in this market assessment from Multifamily.Today.

Need Financing?

Did someone forward you this email? Awesome. Subscribe below to get our weekly insights right in your inbox.

Thanks for reading Multifamily Minute! Subscribe for free to receive new posts and support my work.

Are you looking for financing? Click below to get a free quote today.

Get Your Free Quote

The Fed’s Second 75bps Interest Rate Hike

While it comes as no real surprise to anyone with an eye on current economic trends, the battle against rising inflation is still raging on. In their latest strategic move against our common enemy, the Fed has announced a second interest rate hike of 75 basis points. Hot on the heels of their first 75bps hike just six weeks ago, this new raise may still only represent an opening salvo of the much larger war against current economic pressures. Find out what this rate hike means for multifamily investment moving forward from Multifamily.Today’s coverage on these recent developments.

Cap Rate Refresher and Calculator

In the world of multifamily investing, one of the most important metrics an investor should concern themselves with is the capitalization rate. In this handy new refresher from the team at CommercialRealEstate.Loans, you’ll get a good look at what the cap rate is, why it is of any importance, and how it is calculated. Or, you can just pop in to use the included cap rate calculator.

The U.S. Treasury on Affordable Housing

It’s no secret that the U.S. is facing enormous pressure regarding the housing crisis. In an effort to help boost the production of affordable homes, the United States Department of the Treasury has revealed new guidance on the usage of American Rescue Plan Funds towards that goal - piggybacking off of the Biden Administration’s Housing Supply Action Plan revealed earlier this year. Find out how the newly expanded State and Local Fiscal Recovery Funds (SLFRF) program will attempt to supercharge the affordable housing sector in this article from Multifamily.Today.

1031 Exchanges: An Investor’s Trump Card

Capital gains are amazing, and arguably the main reason behind investing in anything. Capital gains taxes, however, can greatly diminish an investor’s profits. Luckily, multifamily investors can utilize a 1031 exchange to avoid having to deal with capital gains taxes. This everything-you-need-to-know guide on the 1031 exchange and its many benefits is a perfect starting point for planning and eventually executing a 1031 and side-stepping those pesky taxes that cut into your buying power.

Need Financing?

Did someone forward you this email? Awesome. Subscribe below to get our weekly insights right in your inbox.

Are you looking for financing? Click below to get a free quote today.

Get Your Free Quote

Calculating Yield Maintenance Penalties

I get it — prepayment penalties aren’t something most people look forward to. But if you’re planning to pay off your loan early, it’s essential to know what you’re in for. That’s especially true if your loan has a yield maintenance clause. Enter: our handy yield maintenance calculator. Read about this penalty — why it exists, and how it can impact you as a borrower — and plug in your figures to see what you could owe.

How Bridge-to-HUD Loans Work for You

Lots of people probably know that HUD loans have some of the best financing terms on the planet for multifamily acquisitions — even if they don’t have any affordable units. And lots of people definitely know that if you put in your HUD loan application today, you probably won’t see that money come in until 2023. So, what do you do if you’re looking to close on an acquisition fast? Bridge-to-HUD loans could square that circle. Read more on the HUD Loans blog.

LEEDing the Way to Sustainable Housing

I’m already judging myself for the awful pun in the subhead there. But LEED certification is something we’ve got to talk about. The benefits of incorporating some sustainable features in your multifamily development aren’t just tied to doing something great for the planet, either. If that’s not enough motivation for you (though, shouldn’t it be?), consider this: Sustainable properties cost less to operate, command higher prices per unit, and maintain higher occupancy … with higher rents. Sound like a win-win? Read about the different types of certification on Multifamily Loans.

The Bay Area: Risk or Reward?

Speaking of higher rents, San Francisco and the Bay Area remain among the nation’s most unaffordable markets to rent in. If you’re planning to acquire a luxury property in Silicon Valley, that might be a good play … until the economy sours. In the last downturn, the market’s luxury rents bottomed out pretty quickly, while workforce housing took far less of a beating. Curious what opportunities may exist across the spectrum? Check out our analysis on Multifamily Today.

Need Financing?

Are you looking for financing? Click below to get a free quote today.

Get Your Free Quote

How Do Step-Down Prepayments Work?

Getting ready to pay off your multifamily loan early? Awesome. Does your loan have a step-down prepayment penalty clause? … Less awesome, potentially. If you’re not sure about the ins and outs of paying off your loan early, I’m sure everything’s there in the fine print of your mortgage docs. But if you’re looking for a more digestible version of how these prepayment penalties work, check out the Multifamily Loans blog.

What You Should Know About Area Median Income

Area median income, or AMI, is one of those terms that gets thrown around a lot in the affordable housing world. And for good reason: It’s an essential metric for determining eligibility for affordable housing. The Department of Housing and Urban Development releases new figures every year for every metro (and rural county) in America. Find out more on the HUD Loans blog.

Atlanta Value-Add Opportunities Heat Up

Last year, the metro’s multifamily deals exploded, with upwards of $21 billion in transactions closing. This year’s off to a strong start, too. But the interesting thing to note isn’t how much is selling, but rather what. In most markets, Class A properties have been the safest bet. And, yes, plenty of high-end communities are selling in Atlanta. But value-add opportunities — meaning Class B and C properties that just need a bit of love (or, fine, capital improvements) — made up more than 70% of Atlanta’s deals this year. Read more on Multifamily Today.

Are Bridge Loans Right for You?

Getting permanent financing for an apartment property can be a slog, we know. That’s especially true if you’re doing all the legwork yourself to lock in a good loan from an agency lender. What if you need some stopgap financing while you’re waiting on that long-term debt? Enter bridge loans. Bridge financing has its pros and cons — which you can read all about on Apartment Loans — but if you need that funding to come in ASAP, they may be a solid option for you.

Need Financing?

Are you looking for financing? Click below to get a free quote today.

Get Your Free Quote

Joint Ventures: 3 Best Practices

If you’re planning on getting into multifamily investing with a partner or several partners, that’s terrific. Joint ventures offer many advantages compared to going it alone. Just be sure to check out Apartment Loans’ guide on what to do — and what to avoid.

Should You Invest in Affordable Housing?

Probably, yeah. While some investors look at affordable housing and see low rent revenues, many others see myriad financial incentives to get into this high-demand, recession-proof housing sector. Combine all of that upside with an opportunity to invest in improving lives and communities, and there’s a serious case to be made for including affordable housing as part of your next multifamily investment. Read more on the HUD.Loans blog.

This Year’s Top Property Management Companies

There are a lot of multifamily property management companies out there. And there are even a lot of big multifamily property companies. But who’s the biggest, and who’s growing the fastest? Read the Multifamily Loans blog for our list of the nation’s top 15 property management companies by units under management.

How Do Your Amenities Compare?

We all know it: Amenities are important. But not all amenities are in demand, and — critically — the price points for adding some features to your apartment community differ wildly. Which amenities are the most useful and desired by your renters? Multifamily Loans identifies five key amenities that add plenty of value without breaking the bank.

Need Financing?

Are you looking for financing? Click below to get a free quote today.

Get Your Free Quote

How Zoning Impacts New Affordable Housing

Whether you’re planning to open a new community or repurpose an old hotel — though more on that further down — one aspect of development you’ll definitely face relates to zoning. Every municipality has a different way of handling zoning, so ensure you know how your local zoning board’s policies intersect with your project plans. Read our latest on HUD.Loans.

New York City’s Multifamily Market Is Back

Read Multifamily Today’s latest analysis on how multifamily assets are performing in The City That Never Sleeps. The short of it, though, is that rents are already above pre-pandemic levels, pushed by growing occupancy as renters who headed out during the pandemic are coming back — in a big way. What’s more, despite an estimated 21,000 units delivering this year alone, it’s likely not enough to make a dent in growing demand. As a result? Investment has exploded, with transaction volume putting NYC third on the list of markets nationwide.

What Qualities Should Your Property Manager Have?

You need someone on-site you can trust. But that’s not always so easily quantified — but not to worry, we’ve made a list. Check out our list of four traits you should use to evaluate a property management company. Chosen well, a strong, effective property manager can boost rental revenue, reduce resident turnover, and mitigate risky situations — all while making your residents feel right at home. View the full list on the Multifamily.Loans blog.

How to Convert a Hotel

Wait. Why is an article about hotel conversions in the Multifamily Minute? Simply put, hotel property conversions have increasingly become a way of boosting housing supply in densely populated, urban areas — particularly after the rough stretch the hospitality industry’s been through. If you’ve been thinking of investing a hotel and repurposing it as an apartment building, great! But…there’s a lot to think through, first. Check out CommercialRealEstate.Loans’ list of questions to ask yourself first.

Need Financing?

Are you looking for financing? Click below to get a free quote today.

Get Your Free Quote

Worried About the FHEO?

The Office of Fair Housing and Equal Opportunity — also known as FHEO — is the part of the Department of Housing and Urban Development responsible for fighting housing discrimination. Although the office is primarily focused on affordable housing properties backed with HUD-insured loans or those benefiting from Low-Income Housing Tax Credits, the group’s remit includes everything from single-family home sales to luxury rentals. Find out more on the HUD.Loans blog.

Looking for Some Light Reading?

Planning to kick back and dive into a relaxing book this summer? Make it one of these three. Sure, reading about multifamily investment opportunities may not exactly be what you had in mind, but Apartment.Loans’ list includes some easily digestible, well-written books that are sure to help you as you consider your first or second — or even hundredth — multifamily acquisition.

Denver’s Mile-High Multifamily Market

The city has been firing on all cylinders for most of recent memory, owing in large part to massive population growth, especially among young professionals. At the same time, single-family home costs remain out of reach for many, driving rental demand. With investment volume shooting up more than 50% to $1.2 billion in the first quarter compared to last year, the mix of investors has diversified, with more and more foreign and institutional players getting into the game. Read more on Multifamily Today.

Multifamily Investment’s Ups and Downs

The multifamily asset class has shown few signs of slowing. With strong market fundamentals — occupancy and rent growth look absolutely phenomenal in many metros — investors keep flocking to the sector for strong and reliable returns. But nothing’s perfect, and Multifamily.Loans presents a balanced look at the pros and cons of investment in the sector.

Need Financing?

Are you looking for financing? Click below to get a free quote today.

Get Your Free Quote

How the Fed’s Rate Hike Impacts Multifamily

This one gave the author a strong sense of deja vu — and he may feel it yet again after the Federal Reserve’s next meeting at the end of July. The institution raised the federal funds rate by the largest amount since November 1994 last week, bringing the target range between 1.0% and 1.75%. Is this a death knell for the multifamily sector? Well, no. But it may impact smaller multifamily investors in the near term. Read our analysis on Multifamily Today.

The Costs of Rent Concessions

Rent concessions are relatively commonplace in many markets. They can range from a rent discount for a resident’s first month or two, to even the waiving of all fees. Most apartment investors prefer to offer limited-time concessions like these instead of lowering rents. Why? Find out more on the Apartment.Loans blog.

The Pros and Cons of Multifamily Syndication

Simply put, multifamily syndication occurs when multiple investors pool their resources to acquire an asset. There are plenty of ways to do it, whether through an LLC or an LP, and there are plenty of advantages. It isn’t all upside, though: There are some risks to multifamily syndication, just as with any other investment vehicle. Find out the advantages and disadvantages on Multifamily.Loans.

How to Finance Your Workforce Housing Property

Given the many constraints involved in traditional affordable housing, workforce housing has become a critical component of addressing the housing shortage in the U.S. Workforce housing communities typically target renters earning between 80% and 120% of area median income, though this definition is relatively fluid. What you may not know is HUD financing is broadly available for these assets. Find out more on HUD.Loans.

Need Financing?

Are you looking for financing? Click below to get a free quote today.

Get Your Free Quote

(Also, what do you think about this weekly newsletter? Any topics you’d like to see covered? Anything you think is out of place? Leave a comment — I’d love to hear from you. — Ed.)

Affordable Housing: The Bogeyman of Property Values?

Although it’s widely believed that affordable housing has a chilling effect on the property values within a neighborhood — hence the endemic NIMBYism whenever and wherever a development is proposed — research suggests otherwise. Read our latest on HUD.Loans to learn how, when done appropriately and with meaningful input from a community, affordable housing can have surprising, lasting effects on a neighborhood.

How Millennials Are Driving Single-Family Rentals

The editor avoided writing “How Millennials Are Killing Multifamily Rentals” even though it may have been, in retrospect, a fun thing to add to Business Insider’s kill list. (Also, I’m a Millennial. — Ed.) Truth is, Millennial demand for single-family rentals is higher now than ever before. Multifamily.Loans’ blog does a deep dive into how this has happened and where savvy investors should look to reap the upside of this shift.

Five Ways to Increase Your Property’s Passive Revenue

It’s not just about raising rents. There are a lot of simple, meaningful ways you can increase an apartment building’s cash flows — and profitability. Many of these methods tie into things a landlord may already be doing, or can be implemented with a simple reconfiguration of the space you’ve already got. Read more about your options on Apartment.Loans.

Kansas City’s Robust Rental Market

Missouri’s largest multifamily rental market is picking up speed. After rents grew by nearly 9% last year, they’re projected to rise another 8.4% this year, according to a recent report from Marcus & Millichap. Why the optimistic outlook? Major drops in vacancies within the metro’s urban core are one indicator, but explosively rising demand in K.C.’s suburbs is another. Read our analysis on Multifamily.Today.

Need Financing?

Are you looking for financing? Click below to get a free quote today.

Get Your Free Quote

Student Housing’s Investment Surge

With yields compressing in traditional, market-rate multifamily investments, many investors are taking the plunge into the student housing sector. While these properties may have had a challenging couple of years, college applications and admissions have roared back to life: And investment has followed. Read our latest on Multifamily.Today.

What to Think About Before Making That Multifamily Purchase …

Actually, Multifamily.Loans’ blog turns it back even further than that: What should you think about before you even start thinking about investing in multifamily real estate? Read on to find out more details about six key considerations — and, for better or worse — in a far less Inception-like format.

… And Where to Look Once You’re Ready to Buy

Figured all of that out? Great. Now it’s time to find a property that meets your needs. There are a number of places you can look, and our Apartment.Loans blog highlights five of the best multiple listing service, or MLS, platforms out there. Most are similar in setup compared to a residential MLS, though a few offer some compelling and insightful tools built in.

Bay Area Exodus? Not So Fast.

Remote work enabled office workers to flee the pricey San Francisco Bay Area in the first year of the pandemic, and many of those — the majority renters — haven’t returned. That said, rents are starting to creep back up as vacancy has dropped by 230 basis points across the metro. While growth still lags the national average, some submarkets could feel significant supply pressures soon. Check out our analysis on Multifamily.Loans to see where the market is moving.

Need Financing?

Are you looking for financing? Click below to get a free quote today.

Get Your Free Quote

The (Inland) Empire Strikes Back

Star Wars puns aside, the Southern California market benefits from a spillover effect from neighboring — and much more expensive — Los Angeles. However, as supply hasn’t kept up with the huge uptick in demand, rents are shooting through the roof. Is this the time to invest or develop your next multifamily property? Read our latest on Multifamily.Today to find out.

Top 5 HUD Loans by Volume

HUD puts out quarterly data on how many loans are backed by the department, along with the total volume of financing issued. Our team at HUD.Loans analyzed that data to see which five lending vehicles were the most utilized in the first quarter of 2022. Not to spoil the surprise, but while the top result may not be shocking, it exploded in growth last year, jumping 25% to hit an all-time record of $16 billion.

CMBS Explained

Although not without their challenges, CMBS loans have become increasingly popular in recent years. This type of financing, however, may appear a little more complicated than your standard bank loan. Apartment.Loans’ blog cuts through the noise, giving a high-level overview and breaking down the financing vehicle’s advantages and disadvantages.

Rust Belt Markets Poised for a Comeback

While it’s easy to associate major cities in the Rust Belt — e.g. Pittsburgh, Detroit, Buffalo, and so on — with decline, the impacts of deindustrialization are becoming relics of the past. Which markets in this overlooked region are presenting themselves as excellent places to deploy capital? Read our latest Multifamily.Loans blog to find out.

Need Financing?

Are you looking for financing? Click below to get a free quote today.

Get Your Free Quote

Top 3 Multifamily Deals in Nashville

Music City has long been on the radar of investors across the commercial real estate spectrum, owing to outsized job growth and population shifts. In recent months, rent growth has lagged the national average — but investors are still capitalizing on long-term multifamily opportunities. Our team at Multifamily.Today looked into April’s three largest multifamily deals to see what’s happening on the ground.

Is Your Community LEED Certified?

Curious about what it takes to get your multifamily property through the U.S. Green Building Council’s certification process? Read our latest on Apartment.Loans to uncover what elements are considered to achieve this global standard of healthy, green, and sustainable construction and operations.

Phoenix Reborn

Okay, so it may not be the mythological bird, but investment opportunities in the Valley of the Sun have come to life in recent years, particularly in the growing Arizona metro’s multifamily sector. In 2021, total multifamily sales hit well above $10 billion, a more than 30% increase from the previous year. Why is Phoenix so hot? Read our latest Multifamily.Loans blog to get the details.

HUD’s Inspection Backlog Could Affect You

That is, if it hasn’t already. The Department of Housing and Urban Development is looking to catch up on its large, pandemic-driven logjam of pending inspections, with a plan to wrap up its so-called Big Inspection Plan by the beginning of next year at the latest. So, are you ready for your next REAC inspection? Read more on the HUD.Loans blog.

Need Financing?

Are you looking for financing? Click below to get a free quote today.

Get Your Free Quote

What Is a Step-Down Prepayment Penalty?

Looking to pay off your mortgage early? Not so fast — be sure you are aware of any penalties that may apply. One of the most common is a step-down prepayment penalty, which offers a gradual reduction, or step down, of a penalty the longer a borrower waits to prepay. Find out how these penalties work and their most common configurations on the Multifamily.Loans blog.

Got a Lease-Up Problem?

Look no further. The lease-up period is one of the most critical steps on the journey to a profitable multifamily development. Read Apartment.Loans’ analysis of the three largest challenges an investor or developer may face to figure out how best to get your project up and running and — most importantly — occupied.

Calculate Your Cap Rate

Following the Fed’s announcement of an interest rate hike of 50 basis points, many investors are looking to see how it could affect multifamily cap rates, which have been at historic lows. While the rate increase may mitigate some of the compression, cap rates are still broadly expected to continue fall — though perhaps at a slightly slower pace. Check out HUD.Loans’ calculator to get a picture of your asset’s cap rate.

Biden’s Affordable Housing Plan

The ambitious initiative could close the affordable housing gap in the next five years, the administration claims. The plan includes a number of immediate actions — some of which have already taken effect — along with a wide range of legislative and administrative priorities, all aimed at boosting the housing supply and encouraging more development activity. Find out more on our analysis at Multifamily.Today.

Need Financing?

Are you looking for financing? Click below to get a free quote today.

Get a Free Quote

Interest rates up by 50 BPS

As many expected, the Fed announced a 50 basis point increase to interest rates after its meeting this past Wednesday. While some analysts feared the increase would be more to the tune of 75 BPS, the 0.50% raise is still the largest rate hike since May of 2000. While Federal Reserve Chairman Jerome Powell made clear that times were “uncertain”, he did not rule out the possibility of further 50 BPS increases in the near future. More coverage on the rate increase and what it means for the multifamily sector can be found in this update from Multifamily.Today.

Affordable Investments

While investors prepare for an increased cost of capital in an uncertain economy, one asset type may be worth the extra consideration. Affordable housing availability has remained a big issue for the country, but recent shifts in the economy could change investor perspective. Affordable housing can be a strong investment, particularly in times such as these, and the latest piece from the Multifamily.Loans blog sheds some light on a few reasons why.

Corporate Affordability Accountability

It isn’t uncommon for corporate giants like Amazon to pledge funding towards affordable housing initiatives. While these monetary commitments can reach some impressive sums, what are the real impacts of these contributions? We break down a couple of recent corporate affordable housing commitments to get a better look at the results of these investments in our latest HUD.Loans blog post.

Prime Time

Only the most creditworthy borrowers get the prime rate from their lender of choice. For the vast majority of investors, however, the prime rate is nothing more than a baseline that the actual interest rate on any given loan stems from. Regardless of what a prime rate means to you, a quick refresher on what the prime rate is and how it is determined is exactly what this post from Apartment.Loans accomplishes.

Need Financing?

Are you looking for financing? Click below to get a free quote today.

Get Your Free Quote

Interest Rate Increases Incoming

With the Fed meeting this afternoon, it’s highly likely that we’ll see interest rates spike in the near term. Our analysts anticipate three consecutive 50-basis-point increases in May, June, and July. Some lenders appear to be pricing these increases into their loan offerings. While multifamily rates are trending a bit lower right now, it helps to have an advisor to understand what your next loan terms could look like. Get in touch with us today.

Florida’s Disney Problem

With lots of recent focus on Gov. DeSantis’ signature of a law set to dissolve Disney’s Reedy Creek Improvement District, Multifamily.Today dives into the potential impacts this action could have on commercial and multifamily real estate in the area. The short answer? It won’t just affect Disney. Find out what these changes could mean for real estate tax in Greater Orlando.

Construction Costs Push Affordability Out of Sight

The costs of materials and labor continue to escalate: Timber today is about three times the price it was pre-pandemic, for example. These higher prices are pushing affordable developments out of sight of many developers and investors, which will likely have knock-on effects in the availability of new affordable units. Find out what general contractors and developers are saying can be done on our latest HUD.Loans blog post.

Luxury Absorption Rebounds

Though most attention on housing shortages focus on affordable properties — and understandably so — upscale units are also in short supply these days, particularly in core gateway markets like New York City, a stark contrast to two years earlier. Find out more on Multifamily.Today’s coverage of a $105 million luxury refi in Northern New Jersey.

Need Financing?

Are you looking for financing? Click below to get a free quote today.

Get Your Free Quote

Student Housing Makes the Grade

When colleges and universities across the country shut down two years ago, the future didn’t look bright for the student housing property sector. The picture today is much brighter, however, and investors are scrambling to add these high-demand assets to their portfolios. Read our latest reporting on Multifamily.Today about Axonic Properties’ nearly $84 million investment near the University of South Florida.

Is Your Property Breaking Even?

Knowing what your break-even ratio is — and how to calculate it — is essential to understanding your multifamily investment, and what sort of occupancy levels you need to maintain. Apartment.Loans gives you the breakdown on what figures you need to have on hand along with an easy-to-use calculator to see how where your property’s ratio is at.

Top 10 HUD Lenders of 2021

HUD lending continues to be the source of some of the most affordable multifamily financing vehicles with the most competitive terms. Borrowers are taking advantage: The department reported $29.5 billion in originations through its MAP program last year, a 55% increase from 2020. HUD.Loans examines the top 10 lenders of last year.

NMHC Publishes 2022 Rankings

The National Multifamily Housing Council released its rankings for the year, highlighting the best and biggest companies involved in construction, development, syndication, and management, among others. One well-known multi-housing company took the top spot in three of the organization’s five categories. Check out our review of the rankings on Multifamily.Today.

Need Financing?

The Multifamily Minute takes a look at the latest news and trends across the multifamily industry, featuring content from Janover.Ventures’ affiliated sites.

Are you looking for financing? Click below to get a free quote today.

Get Your Free Quote

Affordable Housing’s Investment Upside

Everyone knows there simply isn’t enough affordable housing to go around right now, with close to 7 million units in need by the nation’s lowest income bracket. Investors may be more comfortable with luxury assets, but affordable housing offers (at least) five surprising upsides. Check out our latest blog post on HUD.Loans.

Behind Laguna Point’s $400M+ Los Angeles Buy

Downtown L.A. developer Barry Shy’s sale of five converted multifamily properties with more than 1,000 units marks one of the largest deals in the metro this year. The market has seen a massive influx of investment activity, with $12.8 billion closed last year. With vacancies falling alongside strong rent growth, Los Angeles will continue to draw capital. Read the latest on Multifamily.Today.

Does Your Community Have the ‘Right’ Amenities?

Read our latest piece on Multifamily.Loans to find out which amenities provide a property owner the most bang for their buck. What renters are looking for may not be as expensive as you think: Even something as simple as maintaining your property’s existing outdoor space could do wonders for lowering turnover and attracting new residents.

Are You New to New Buildings?

Not to worry — we’ve got you covered. Apartment.Loans’ latest addition to its educational library talks lease-up periods for new developments, or those undergoing major renovations, and how a strong lease-up can make the difference between your property’s success or failure.

Need Financing?

Are you looking for financing? Click below to get a free quote today.

Get Your Free Quote

Need a Reason to Invest in Austin?

How about five? Our latest piece on Multifamily.Loans analyzes the growth and trajectory of America’s fastest-growing large metro. More than just people have been moving in — corporate relocations continue to dominate news headlines, and as properties grow in value alongside rents, find out where you can make your mark in the Live Music Capital of the World.

Introducing Cap Rates & Coffee

Get caffeinated with us this Friday at 10 a.m. Eastern/7 a.m. Pacific — sorry, West Coasters — for the second episode of our livestream, now dubbed Cap Rates & Coffee. Join Janover Ventures Founder & CEO Blake Janover and our panel of capital markets experts to talk interest rates, tax day, and more. And in the meantime, stop by our YouTube channel to see what else we’ve been up to.

Get Ready for Your Next HUD Audit

Read HUD.Loans’ breakdown of what you’ll need to have on hand for your next audit. Remember that while the process may seem complicated, preparation really is the key to success. Be sure to prepare not only your asset’s financials, but also a sample of tenant files and the findings of your audit from the previous year.

Florida’s Strong Multifamily Upside

Last year, multifamily rent growth across the Sunshine State exploded. Jacksonville’s rents grew 27.3% last year, and Fort Lauderdale jumped up nearly 19%. How are things stacking up in 2022? Find out more on Multifamily.Today’s coverage of CARROLL’s recent $49 million acquisition in South Florida.

Need Financing?