Yardi Matrix

By Roland Murphy for AZBEX Another new luxury multifamily development may take the place of an under-utilized office development next to Kierland Golf Club under an initial submittal to the City of Phoenix. Icon Kierland, …

By Roland Murphy for AZBEX Much has been made about the Valley’s growth and the crisis-level need to add vastly more housing than we are currently delivering. Analysts put demand levels at between 15,000 and …

By RENTCafé  RENTCafé‘s most recent Apartment Construction Report ranks the Phoenix metro in third place for the projected number of units to be built by the end of year, an increase of 76 percent from 2020.  At national level, developers are …

By CommercialSearch/Yardi Matrix  Over the past decade, the price-per-unit for multifamily properties surged 156 percent, reaching nearly $160K. This increase surpassed both median home sale prices and rental rates.  The latest CommercialSearch study compared and ranked the most active U.S. metros …

By Erika Morphy for GlobeSt.com Multifamily acquisition yields and price per unit have hovered at record lows for several years. What does that mean for pricing? Yardi Matrix spells it out in its newest report …

By Mary Salmonsen for Multifamily Executive The average U.S. multifamily rent fell $3 to $1,473 in November, according to the latest National Multifamily Report by Yardi Matrix. Year-over-Year rent growth fell by 20 basis points, …

By AZBEX Staff for Arizona Builder’s Exchange Despite U.S. Multifamily rent growth remaining flat at 3.2 percent in December from November, 2018 proved to be a solid year for multifamily. According to the December 2018 …

By AZBEX Staff for Arizona Builder’s Exchange September saw a slight dip in multifamily rents, but the grand picture is still rosy overall. According to the September 2018 Multifamily National Report from Yardi Matrix, “A …