Tag: multifamily

Age of Buyers is Skyrocketing…But Not for Who You Might Think

Age of Buyers is Skyrocketing…But Not for Who You… Overall, buyers’ ages have jumped from a median of 31 in 1981 to 47 in 2019. What’s the story behind this change? January 13, 2020 By:  Jessica Lautz

Waning Affordability Contributes to Slower Job Growth

Metro areas where affordability has worsened over the last five years have seen a decline in job growth during that same period.

Lincoln Avenue Preserves 196 Affordable Multifamily Units for Seniors and Families in Miami’s Brownsville Neighborhood

MIAMI, FL – Lincoln Avenue Capital (LAC) announced the completion of the purchase of two apartment complexes in Miami’s Brownsville neighborhood, extending the affordability of 196 housing units for seniors and working families. Founded three years ago, LAC is one of the nation’s fastest-growing community-oriented developers, investors, and operators of affordable housing, managing over 9,000…
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Five Reasons Why Unit Amenities May Be Harder Than You Think

Last week, we talked about how unit amenity pricing is the most common place to uncover hidden NOI in multifamily rental operations, and we covered the various reasons why amenity opportunities present themselves. Unit amenities are a simple concept, at least in theory.  However, experience shows that the practice is a lot more challenging. So, let’s explore…
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