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December 23, 2015
Most Popular Reads of 2015
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As is customary this time of year, we at Apartment Wire took a look back at the news stories from the past 12 months and came up with our best of 2015 list. Here’s what you, our members, counted as your top 10 newsletter must-reads of the year.

10. Packages, packages and more packages. Camden’s decision to stop accepting resident packages at management offices made NMHC’s package page a go-to destination for related research and info.  

9. Rent control on the rise. Proposals to cap rents emerge in cities across the national as the price of rental housing continues to grow amid greater demand and flat wages.

8. Most move to mobile. DemoMemo’s post on how the plurality of households now has only cell phones underscored the need for mobile connectivity in apartment communities.

7. NMHC 50 by the numbers. A perennial member favorite, this year’s release of the top 50 apartment owners and managers offered some extra analysis and two bonus lists of top developers and GCs.

6. Renting is the new normal. Because nothing spells better news for our business than Urban Institute analysis that shows renters household growth will outpace that of homeowners for at least the next 15 years.

5. The “other” rental housing. The Harvard Joint Center for Housing Studies’ headline that single-family rentals have risen to nearly a third of all rental housing grabbed members’ attention big time.

4. Immigration and the housing recovery. President Obama’s executive action on immigration pulled housing into the policy debate, as immigrants have accounted for a third of all household growth for the past two decades. 

3. The budget and affordable housing. Harvard combed through all 150 pages to figure out what President Obama’s ambitious fiscal year 2016 budget would mean for affordable housing.

2. Small cities, big buyers. As prices for multifamily properties in top tier markets climb, some investors look to tertiary markets like Buffalo and Birmingham for better deals.

1. Not ready for rental growth. The Urban Institute released a major demographic study that concluded rental housing demand will dramatically increase over the next 15 years—and no one is prepared for it.

We look forward to more great stories in 2016!
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Top News

FROM THE CHAIRMAN

Hoop Dreams Revisited

NMHC Chairman Daryl Carter offers an intimate look inside his business of creating better affordable housing communities. Sometimes it starts with a simple basketball court.

NMHC NEWS

NMHC Mourns Passing of Mark DellaPietra

NMHC is saddened to announce the sudden passing of Mark DellaPietra, NMHC’s director of education. Mark was a valued member of the NMHC staff, his talent most recently on display at last month’s OPTECH, where he played a key role in creating and organizing the meeting program and speakers. He will be greatly missed.

OPERATIONS

Online Holiday Package Tsunami Swamps Apartment Buildings

As the holiday shopping season peaks, U.S. apartment complexes are being flooded with packages, from HD televisions to children's scooters, inundating lobbies and forcing building managers to take measures to extremes.

 

TRENDS

Three Biggest U.S. Landlords in Talks with Airbnb

Three of the nation’s largest residential landlords—Equity Residential, AvalonBay and Camden Property Trust—have held discussions with Airbnb about allowing tenants to market their properties on the website in exchange for a cut of the revenue. (Catch up on the discussion with Airbnb’s Jaja Jackson at OPTECH here.)

RESEARCH

Harvard Releases 2015 Multifamily Report

The Harvard Joint Center for Housing Studies report documented the growing share of renter households and the strong rebound in multifamily construction. However, the report also underscored growing affordability challenges and concluded that greater efforts from both the public and private sectors are needed to expand the range of rental housing options.

In Case You Missed It
A hand-selected collection of noteworthy articles on a wide variety of issues of interest to apartment executives.
Harvard Reports Most Renters over 40

Families Earn Six Figures and Still Need Help with the Rent (paywall)

2016 Scorecard Bumps Multifamily Volume Caps to $31B

ULI Report Outlines Strategies for Preserving Workforce and Affordable Multifamily Housing

What the Depletion of GSE’s Capital Reserves Could Mean for Multifamily

Philadelphia Apartment Market Expands (paywall)

New Study Shows How Costly D.C. Apartments Are

The Winners and Losers of the U.S. Creative Class

MFE’s 2016 Outlook for Transactions, Development and Rents

How Meerkat and Periscope Are Changing Multifamily

NMHC PAC Personal Dollar Event Raises $30K for Senator Bennet

Multifamily Market Dashboard

More Apartment Competition from Condos?

With town center developments making up a greater share of new residential development, multifamily development has become a larger component to total units built. The alternative to rental apartments in such multifamily developments is more likely to be condominiums and housing cooperatives.

In the most recent installment Research Notes, NMHC’s research team looks at the condo market recovery from the excesses of the housing bubble years and how much near-term competition that market is likely to give the apartment industry.

The upshot: Today’s apartment-condo split reflects current preference for renting. However, future pickup in the condo market may take some demand from apartments, but it may also come at the expense of single-family houses.

Upcoming Meetings

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2016 NMHC Apartment Strategies Outlook Conference

January 19, 2016 Hilton Orlando Bonnet Creek/Waldorf Astoria in Orlando, FL


2016 NMHC Annual Meeting

January 19 - 21, 2016 Hilton Orlando Bonnet Creek/Waldorf Astoria in Orlando, FL
About Apartment Wire
A must-read for top apartment industry professionals, Apartment Wire is a timely review of emerging trends in apartment finance, development, management and technology and more, featuring both exclusive content from NMHC's staff of experts and provocative articles from across the web.
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