National Apartment Building Vacancy Plummets, Defies Fourth-Quarter Seasonal Slowdown says report.

Marcus & Millichap’s latest report on Apartment Building Investment called “The Outlook” is just out today. In it they cover the usual national multifamily trends; rents up, vacancy down, economy slowly recovering, jobs growing but could be better. Then they take it a little deeper with these points (bel0w) then flesh it all out with charts demonstrating that things are really picking up for apartment building investors.

Here’s the exec sum:

  • Expanding Production Capacity Signals Stronger Job Creation.
  • Sustained employment growth underscores traction in the economy.
  • Apartment demand surges, completions sink to new lows, and a sweeping recovery matures into an expansion cycle.
  • Vacancy rates tighten across markets and asset classes, moving the sector into expansion.
  • Foreclosed homes and government-sponsored REO-to-Rental program offer rental alternatives to apartments.
  • Cap rate arbitrage and stabilizing operations create a compelling investment thesis for opportunistic and value-add strategies.
  • Stronger job growth and household formation will provide a steady source of new entrants to the multifamily rental market. Continue reading National Apartment Building Vacancy Plummets, Defies Fourth-Quarter Seasonal Slowdown says report.

Can you avoid these apartment building investment due diligence nightmares?

Apartment Building Investing Requires Diligent Due Diligence

Nowhere is getting your ducks in a row more important than in apartment building investing.  See this quick MFE Mag article for tips from seasoned pros: Diligence Gut Check

The article covers topics like these:apartment building investing takes good due diligence

  • How’s the Weather Out There?
  • The Case of Misplaced Ownership
  • Over the Income Threshold
  • Just an Accounting Mishap