Denver's Multifamily Market Soars
Also, find out the pros and cons of getting into multifamily investment. Additionally, need some summer reading? We've got you covered.
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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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.