The U.S. median rental price hit its latest new high of $1,849 per month in May, representing a 26.6% increase since 2019 before the pandemic began, according to the Realtor.com® Monthly Rental Report…
Renters have changed the trajectory of investors’ expectations for the multifamily sector as they continue to relocate to affordable metros and suburban neighborhoods. Experts largely believed apartment rents would begin…
New data indicates that rental competition remained relentless in April, as the U.S. median rental price hit a new high ($1,827) for the 14th month in a row, according to the…
Parc Broadway, Tempe’s newest community, recently opened its doors for new residents and community members. Not only does this mid-rise complex offer 324 apartments homes, ranging from studios to three…
Real estate investors are sweet on multifamily – so much so that they have increasingly been willing to pay more for it than ever before, especially in certain circumstances. Whether…
The latest RentCafe research looks at how much apartment space each renter gets to themselves — and Scottsdale renters get the most space in the Valley. In the Phoenix metro,…
The U.S. multifamily sector saw strong momentum at the start of 2022, with robust demographic trends underpinning record leasing activity, rent growth and investment during the first quarter, according to CBRE’s…
Rents in Maricopa County had been steadily climbing even before the start of the pandemic in March 2020. With Metro Phoenix home prices now soaring to record levels, more people…
Known as one of the country’s leading developers of Net Zero communities, MODUS Companies, is now poised to open multiple projects equaling 1,200 units throughout the Valley. The first to…
In a recent StorageCafe study, cities across the U.S. were ranked by how much they had attracted new renters in 2021, as a proportion of their populations. Arizona made a…
Home ownership is a dream many Americans pursue with great desire, vigor and of course, a tight budget above all. Some have even taken the next step by buying additional…
Scottsdale, Arizona-based multifamily investor, developer and manager MC Companies has announced it will develop Arroyo Verde, a $39.6 million, 156-unit Class A multifamily development in the suburbs immediately north of Tucson, Arizona,…
