Many observers and other analysts have expressed concern in recent months about the number of commercial loans (including those on apartments) would be coming due and wound need refinancing in the next year or so. Some of these observers opined that many of these owners would not be able to successfully refinance in a market with much more stringent underwriting standards than those that existed a few years ago when the loans were originated. The report by the Mortgage Bankers Association, summarized below, finds that the number of loans which […]

MULTIFAMILY EXECUTIVE MAGAZINE reported in January that the percentage of people moving out of apartments to buy houses had fallen to an al-time low. This is good news for owners of rental housing since it will support lower vacancies in rental units. Rental housing continues to do well in most markets in the U.S. GOOD NEWS FOR RENTAL HOUSING: REITs see record lows in flight to home ownership. Source: MULTIFAMILY EXECUTIVE MAGAZINE – January 1, 2009 – By Les Shaver Multifamily Reits had some good news in the third quarter […]