- New ruling gives crowdfunding firms access to non-accredited investors.
- Apartment rents rising faster than incomes.
- Are prices for seniors housing too frothy?
Fundamentals in the student housing sector advanced at a healthy pace during the 2014-2015 school year, mirroring the performance of the greater multifamily sector. Student housing is categorized by buildings leased on a per-unit basis and those leased on a per-bed basis. Facilities that lease by the unit exhibited rent growth of 3.4 percent between the third quarter of 2014 and the third quarter of 2015.
John Sebree, a national director with Marcus & Millichap, looks at the dynamics at play in today’s transaction market as capital flows and investors increasingly chase yield into secondary and tertiary markets, pushing cap rates down a little more each day.
The Federal Reserve has left interest rates unchanged but says it will consider an increase at December’s meeting. The Federal Open Market Committee has dropped a warning that global financial and economic developments might “restrain economic activity somewhat.”
Rent growth hits 2006 levels, while occupancy reaches 2001 milestones. MFE’s Les Shaver looks at the highlights.