U.S. Condo, Apartment Sector Confidence Weakens in Q1

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Office In Q2, there was no new supply in Grade A and only one new Grade B project, the Viettel Complex in District 10. This project has 65,971 sm GFA, equivalent to 40,620 sm office net leasable area and 10,000 sm retail net leasable area. However, 14,000 sm NLA office space will be occupied by Viettel; therefore,

The multifamily sector, which includes apartment buildings and condos, remained flat at 354,000. "Despite signs of stabilization of confidence in the marketplace, housing affordability continues to be a concern as housing construction weakens into March," says Greg Ugalde, chairman of the National Association of home builders (nahb).

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Year to date, 1,233 homes and condos have. down versus Q1 levels due to the ongoing challenges in the subprime sector. Our global origination volumes for the period were up a bit from Q1, primarily.

Demand for rental apartments and condos hasn’t been this strong in years, and our experts think the multifamily housing still has legs. But you have to know what developers, tenants, and buyers are looking for to have any hope of succeeding in this fast-changing multifamily buildings sector.

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Apartment Sales Market Takes Off in Q1. This after a strong first quarter’s worth of transactions, with deal volume growing more than 50% year over year, according to Real Capital Analytics. Of the sectors tracked by RCA, the apartment sector, which saw 27 percent more activity than office, was the "largest, most liquid" commercial group in Q1, RCA reports.

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Confidence weakens in apartment/condo sectors Donato Pompo May 25th, 2019 Confidence in the market for new multifamily housing weakened in the first quarter of 2019, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB).

Multifamily Builder and Developer Confidence Weakens in Third Quarter as Market Faces Challenges . WASHINGTON, Nov. 20 – Confidence in the multifamily housing market weakened in the third quarter, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB).