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Report: 1 Million New Rental Housing Units to be Ready by 2025

Report: 1 Million New Rental Housing Units to be Ready by 2025

by Phil Hall | Aug 24, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The next two years are expected to see the completion of 1 million new rental housing units, according RentCafe’s annual Apartment Construction Report. Tapping into data from its sister company Yardi Matrix, RentCafe is forecasting 460,860 new apartments to open this...
One-Third of Apartments in Adaptive Reuse Projects Came from Office Buildings

One-Third of Apartments in Adaptive Reuse Projects Came from Office Buildings

by Phil Hall | Aug 8, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 10,090 apartments were created in 2022 by converting other commercial real estate properties into housing, according to a new RentCafe analysis of Yardi Matrix data. Office buildings were the main source of converted apartments last year, with a 33.6% share...
Survey: Apartment Hunters Place More Emphasis on Their Dogs’ Needs Than Themselves

Survey: Apartment Hunters Place More Emphasis on Their Dogs’ Needs Than Themselves

by Phil Hall | May 19, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

When dog owners are looking for a new apartment, they are less concerned about their needs and more focused on whether their potential residence will accommodate their four-legged companions. According to a survey by Cortland, the multifamily...
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