America's Rust Belt: Ready to Shine?

Detroit and Pittsburgh offer a look at what's to come. Also, which HUD financing vehicles are the most popular? And, decode CMBS loans with our comprehensive guide.

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

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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.