Friday, March 29, 2024
Authors Posts by NMHC

Based in Washington, DC, National Multi Housing Council (NMHC) is a national association representing the interests of the larger and most prominent apartment firms in the U.S.  NMHC's members are the principal officers of firms engaged in all aspects of the apartment industry, including owners, developers, managers and financiers.  Nearly one-third of Americans rent their housing, and more than 14 percent live in a rental apartment.

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Apartment Markets Expand in April NMHC Quarterly Survey

All four indexes landed above the breakeven level of 50 in the April National Multifamily Housing Council (NMHC) Quarterly Survey of Apartment Market Conditions. The Sales Volume Index rose to 52 from 44 last quarter, with Market Tightness (58), Equity Financing (55), and Debt Financing (60) all continuing to show improvement. The indexes are almost exactly the same as they were a year ago.

Apartment Demand Outpaces Supply in NMHC 50 Lists of Top Apartment Firms

As demand across the apartment industry continued to outpace supply, 2014 proved the bull market still has spring in its step.  The National Multifamily Housing Council (NMHC) is reporting notable growth across the industry in the newly-released 2015 NMHC Top 50 – the industry’s ranking of top apartment owners and managers

Apartments Contribute $1.3 Trillion to the Economy

The multifamily housing rental boom is a real boon to the economy and local communities. Fueled by demographic changes like the burgeoning Millennial population and a rediscovery of metropolitan urban cores, the apartment industry and its 36 million residents contributed an impressive $1.3 trillionto theU.S. economy and supported 12.3 million jobs in 2013.

Deals Drive Shake-Up in 2014 NMHC 50 List of Nation’s Top Owners, Managers

WASHINGTON, D.C. - April 3, 2014 - (RealEstateRama) -- A rebounding apartment industry with near record transaction levels created notable changes in the National Multifamily Housing Council’s (NMHC) newly-released 2014 NMHC 50 – the industry’s ranking of the top owners and managers. Hunt Companies/LEDIC Managed Group Affiliates (253,295 units owned) jumped to the top spot in the owners list while Greystar Real Estate Partners, LLC (214,696 units managed) topped the NMHC 50 management list for the fourth consecutive year.

Apartment Industry Applauds Johnson-Crapo Housing Finance Reform Legislation

WASHINGTON, D.C. - March 19, 2014 - (RealEstateRama) -- Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) by Cindy Chetti, NMHC Senior Vice President of Government Affairs, on the release of housing finance legislation from Senate Banking Committee Chairman Tim Johnson (D-S.D.) and Ranking Member Mike Crapo (R-Idaho)

$1.1 Trillion Apartment Industry Highlights Key Policies for Congress

WASHINGTON, D.C. - March 5, 2014 - (RealEstateRama) -- As Congress considers major policy decisions this year, they must take care not to lose sight of the one-third of the country that rents and the $1.1 trillion economic impact the apartment industry and its residents contribute to the economy annually. This is the key takeaway from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) 2014 legislative and regulatory priorities released today

National Multifamily Housing Council Adds Three Vice Presidents

WASHINGTON, D.C. - February 4, 2014 - (RealEstateRama) -- The National Multifamily Housing Council (NMHC) hired Lisa Costello as Vice President of Political Affairs and promoted Jim Lapides and Sarah Yaussi to Vice President of Strategic Communications and Vice President of Industry Communications, respectively.

Apartment Industry Response to the State of the Union

WASHINGTON, D.C. - January 29, 2014 - (RealEstateRama) -- Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) by Cindy Chetti, NMHC Senior Vice President of Government Affairs

National Multifamily Housing Council Elects New Officers

National
BOCA RATON, FL - January 23, 2014 - (RealEstateRama) -- The National Multifamily Housing Council (NMHC) elected Daryl J. Carter, Founder, Chairman and Chief Executive Officer of Avanath Capital Management, LLC, to serve a two-year term as the Council’s Chairman. The event took place at the NMHC Annual Meeting on January 22 in Boca Raton, FL.

NMHC Announces Once-In-A Generation Rebranding

National
WASHINGTON, D.C. - January 23, 2014 - (RealEstateRama) -- The National Multifamily Housing Council (NMHC) today announced the first-ever rebranding in the organization’s 36-year history. The Council debuted a new logo and visual identity, a small, but important change to its name and a new tagline that captures the leadership and exclusivity that characterize the organization

Apartment Markets Soften Slightly According to NMHC Survey

National
WASHINGTON, D.C. - January 17, 2013 - (RealEstateRama) -- Apartment market conditions weakened a bit in January compared with three months earlier. The market tightness (41), sales volume (41) and debt financing (42) indexes were all a little below the breakeven level of 50, although the equity financing index rebounded to 50. Higher interest rates may largely explain the modest decline in both sales volume and debt financing. With considerable equity capital continuing to look for apartment opportunities, a number of respondents noted a growing divide between would-be buyers and sellers on pricing.

NMHC/NAA Statement on Confirmation of Mel Watt as FHFA Director

WASHINGTON, D.C. - December 12, 2013 - (RealEstateRama) -- Statement from the National Multi Housing Council (NMHC) and National Apartment Association (NAA) by Cindy Chetti, NMHC Senior Vice President of Government Affairs, in response to Representative Mel Watt’s Confirmation as Director of the Federal Housing Finance Agency (FHFA)

Landmark Resident Survey Identifies Top Apartment Amenities

WASHINGTON, D.C. - November 22, 2013 - (RealEstateRama) -- The top amenities for apartment residents include high speed internet access, a patio or balcony and in-unit washer/dryers, according to a new landmark survey by the National Multi Housing Council (NMHC) and Kingsley Associates

Apartment Markets Retreat in Third Quarter NMHC Survey

WASHINGTON, D.C. - October 21, 2013 - (RealEstateRama) -- All four indexes of the National Multi Housing Council’s (NMHC) October Survey of Apartment Market Conditions dipped below 50 for the first time since July 2009. Market Tightness (46), Sales Volume (46), Equity Financing (39) and Debt Financing (41) all indicated declining conditions from the previous quarter.

Senate Testimony Highlights Need for a Separate Multifamily Solution in Housing Finance Reform

WASHINGTON, D.C. - October 9, 2013 - (RealEstateRama) -- Lawmakers considering the future of the nation’s housing finance system must understand that a “one-size-fits-all” approach will not work. The meaningful differences between the single-family and multifamily sectors, both in how they operate and how they have performed, require different solutions to avoid putting the 35 million Americans who rely on the apartment industry for their housing and the $862 billion multifamily debt market at risk. That was the core message from National Multi Housing Council (NMHC) and National Apartment Association (NAA) in today’s testimony before the Senate Committee on Banking, Housing and Urban Affairs

Apartment Industry Applauds President Obama’s Call for a Strong Multifamily Sector

WASHINGTON, D.C. - August 7, 2013 - (RealEstateRama) -- Statement from the National Multi Housing Council (NMHC) and National Apartment Association (NAA) by Cindy Chetti, NMHC Senior Vice President of Government Affairs, in response to President Obama’s speech today on housing finance reform:

Second Quarter Apartment Markets Mixed in Latest NMHC Survey

WASHINGTON, D.C. - July 24, 2013 - (RealEstateRama) -- While demand for apartment homes remained strong, rising interest rates exerted negative pressure on the industry’s ability to secure debt financing according to the National Multi Housing Council’s (NMHC) July Quarterly Survey of Apartment Market Conditions. Only the Market Tightness Index (55) remained above the breakeven line of 50 this quarter. Sales Volume (46) and Equity Financing (49) dipped, with Debt Financing dropping sharply to 20.

Apartment Industry Response to Housing Finance Reform Legislation

WASHINGTON, D.C. WASHINGTON, D.C. - June 26, 2013 - (RealEstateRama) -- Statement from the National Multi Housing Council (NMHC) and National Apartment Association (NAA) by Cindy Chetti, NMHC Senior Vice President of Government Affairs:

$1.1 Trillion Apartment Industry Highlights Multifamily Job Growth for Congress

WASHINGTON, D.C. - June 4, 2013 - (RealEstateRama) -- Highlighting the economic strength of the apartment industry in front of Congress, Tom Bozzuto, Chairman and CEO of the Bozzuto Group, represented the National Multi Housing Council (NMHC) and the National Apartment Association (NAA) before a House Energy and Commerce Subcommittee today

Multifamily Industry Launches New “Apartments. We Live Here.” Campaign

WASHINGTON, D.C. - May 7, 2013 - (RealEstateRama) -- The National Multi Housing Council (NMHC) and the National Apartment Association (NAA) today unveiled a new integrated campaign titled “Apartments. We Live Here.” The campaign tells the story about how in communities across the country, apartments work—helping people live in a home that’s right for them. Whether it’s young professionals starting out, empty nesters looking to downsize and simplify, workers wanting to live near their jobs, married couples without children or families building a better life, apartment homes provide a sensible choice to meet their specific housing needs

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