About 5 million Americans didn’t make their rent or mortgage payment in December, according to an MBA survey.

High materials prices and some uncertainty on fundamentals cloud the picture for multifamily development in the near term.

Across the various subsectors, REITs remain on the trajectories that began in the fourth quarter of 2021 as the industry looks to a post-COVID-19 recovery.

Breaking from the notion of a “starter home” that older generations embraced, wealthy millennials are going big.

“I have a whole subset of students who experience anxiety around whether they can be themselves when they go out there to look for a job.”

By December, the city’s apartment investors were behind on $395 million in debt backed by mortgage bonds.

The five properties include more than 1,800 units across suburban Atlanta, Baltimore and Jacksonville, Fla.

Even with a tick up in homeownership, the percentage of apartments that are vacant has not risen much since the pandemic began.

All issues that can occur on a property have to be reflected in lease documents, management agreements and insurance policies.