Weekly Roundup: Week of October 22, 2018

This week’s multifamily roundup features insights on Houston’s apartment market recovery, how rents differ by property age, and updated Opportunity Zone guidelines. First, Real Capital Analytics notes that the apartment sector was the only property type to post double-digit annual price growth in the third quarter. Then, Real Page takes a look at the large increase in apartment demand in Houston following Hurricane Harvey. Arbor’s Chatter blog examines how property age impacts rents in small apartment properties compared to other rental properties. Next, Bisnow provides a breakdown of the new regulations and clarifications from the Department of Treasury on the Opportunity Zone program. Finally, NREI explores the most effective strategies property managers can implement to increase ROI at their properties.

US Prices Rise 0.7% in September, RCA Report Shows

Real Capital Analytics – October 25

“The apartment sector is the only property type still posting double-digit annual price growth. Apartment prices rose 0.5% in September and are up 10.7% year-over-year.”

Houston’s Apartment Market Recovers Some Lost Ground

RealPage – October 23

“Houston apartment demand saw a big performance bump following Hurricane Harvey as displaced residents turned to apartments for alternative housing.”

 Small Apartment Buildings Show Tighter Rent Spread by Property Age

Arbor Chatter – October 23

“Compared to other rental properties, average rents in small asset multifamily vary less by property age, while rents for prewar buildings are going toe-to-toe with newer construction.”

 Things To Know About The New Opportunity Zone Guidelines

Bisnow – October 22 

“After several months of waiting, real estate investors, developers and other keen commercial real estate observers have finally received answers to some of their many questions about the Opportunity Zone program.”

Effective Strategies for Driving Multifamily ROI Growth through Property Management

NREI – October 22

“The great ‘amenity decision’ is on the minds of most of today’s multifamily owners. Which amenities will attract residents? Which will provide the best return on investment?”