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May 5, 2017
Historic Renter Protections on the Table
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Many communities across the country are facing significant housing affordability challenges. Social and political pressures are mounting to find solutions for rising rents and shrinking affordability. In response, some lawmakers are revisiting rent control as a strategy to control housing costs. 

Oregon recently joined the likes of California, Illinois and Washington in challenging and ultimately pushing to change existing laws and best practices restricting or banning rent control in local jurisdictions.

However, Oregon is looking to go even further with a highly controversial proposal that not only reverses a 1985 ban on most rent controls in the state but also puts in place historic renter protections.

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Top News

OPINION

The Changing Landscape of Multifamily Financing in 2017

While multifamily remains one of the most desirable asset classes to finance, a number of new factors have emerged that are making it more challenging to secure competitive financing.

DESIGN

Developers Design Homes with Telecommuters in Mind

To attract affluent professionals with a mobile lifestyle, architects and developers are adding high-tech communal work spaces and flex rooms to their designs. (paywall)

ADVOCACY

The Lobbyist Hit List

Real estate’s biggest trade groups and influence peddlers have everything from tax reform to affordable housing on their Cap Hill agendas. “I was here in 1986, and many of us remember what the outcome of the tax reform effort was and the problems it created for the commercial real estate industry,” said NMHC’s Cindy Chetti.

DATA

New Study Shows How Different Today's Young People Really Are

A new Census Bureau report looks at changes in young adulthood over the last 40 years, focusing on how the education, economics and living arrangements of today's young adults differ from young adults in the 1970s. Do millennials need to move out and get a life?

TECHNOLOGY

MIT Robot Can 3-D Print a Building in Just Hours

The future of construction just got a little bit more real. Researchers at MIT have created a mobile robot that can 3-D-print an entire building in a matter of hours, offering an early look at a revolutionary tool for the construction industry. 

WORKFORCE

Real Estate Targets Young Talent via Competitions, University Partnerships

Jobs in property and building management are poised to grow by 8.0 percent by 2024, according to the most recent data from the Bureau of Labor Statistics.

MARKETING

Next Gen Reputation Management

While the primary objective of reputation management is to look good in the eyes of prospective renters who scour review sites, savvy operators are now using their reviews as free market research. Can ratings and reviews soon become a lead and revenue generation tool?
In Case You Missed It
A hand-selected collection of noteworthy articles on a wide variety of issues of interest to apartment executives.

Clyde Holland, Doug Bibby Take Center Stage at Transportation Summit

NMHC Honored for Energy Efficiency Advocacy

Administration Plans to Impose 20% Tariff on Canadian Softwood-Lumber Imports (paywall)

Trump’s Industry, Real Estate, Poses Hurdle to Tax Overhaul

Don’t Make Housing for the Poor Too Comfy, Carson Warns

Why the Exurbs Are Poised to Take Off in Coming Years

Time Will Tell If Professional Real Estate Investors Will Take Over Airbnb

The Real Math of an Affordable Housing Lottery in New York

Dallas-Fort Worth Shows America’s Evolving Multifamily Market

California Politicians Fiddle as State’s Housing Crisis Gets Worse

Small-Unit Apartment Buildings Are Vanishing in Chicago

D.C. Sues Company for Allegedly Treating Rent-Control Apartments Like “Hotel Rooms”

White Paper Digs into Multifamily Internet Technology Trends

After Another Last-Minute Extension, Legislators Focus on EB-5 Reform

Multifamily Market Dashboard

Sales Activity Remains Slow As Debt Is Harder to Find

Results of NMHC’s latest Quarterly Survey of Apartment Market Conditions show that multifamily sales activity remains sluggish. The Sales Volume Index was 30, indicating decreasing sales volumes from three months earlier. In fact, half of the survey’s respondents reported lower sales volumes than last quarter.
 
Respondents stressed caution on the part of buyers, especially regarding construction lending. However, the survey showed that while conditions worsened for all four indexes, the worsening slowed in the multifamily debt markets. The Debt Financing Index came in at 41, which while a marked improvement from 14 last quarter, still reflected worsening borrowing conditions from three months ago.
 
Upcoming Meetings
2017 NMHC Spring Board of Directors Meeting
May 16-18, 2017 at the Conrad New York, NY

2017 NMHC Emerging Leaders Speaker Series New York
May 16, 2017 at the Google Office New York, NY
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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