Tuesday, April 23, 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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2013 NMHC 50 Names Nation’s Largest Apartment Owners, Managers

WASHINGTON, D.C. - April 10, 2013 - (RealEstateRama) -- In an apartment market firing on all cylinders, Boston Capital (155,521 units owned) and Greystar Real Estate Partners LLC (198,533 units managed) remained the nation’s largest apartment owner and manager, respectively, for the third consecutive year, according to the National Multi Housing Council’s (NMHC) new 2013 NMHC 50, the annual industry ranking of the top 50 apartment owners and managers nationwide.

Government Guarantee Essential for Meeting Demand for Multifamily Living

WASHINGTON, D.C. - March 18, 2013 - (RealEstateRama) -- Housing finance reform must include a federal guarantee for multifamily mortgages. This was the key message from Peter Donovan of CB Richard Ellis and immediate past chairman of the National Multi Housing Council (NMHC), speaking at the American Enterprise Institute (AEI).

Apartment Industry Response to FHFA’s Regulatory Plan for Fannie Mae and Freddie Mac

WASHINGTON, D.C. - March 6, 2013 - (RealEstateRama) -- Statement from the National Multi Housing Council (NMHC) and National Apartment Association (NAA) Joint Legislative Program by Cindy Chetti, NMHC Senior Vice President of Government Affairs, in response to the Federal Housing Finance Agency (FHFA) 2013 scorecard outlining its regulatory goals for Fannie Mae and Freddie Mac in the current year.

Housing Finance, Tax Reform and Immigration Top Apartment Industry’s 2013 Priorities for Capitol Hill

WASHINGTON, D.C. February 28, 2013 - (RealEstateRama) -- The National Multi Housing Council (NMHC) and the National Apartment Association (NAA) released the apartment industry’s 2013 policy agenda today. Top priorities for Capitol Hill this year include fixing the country’s housing finance system, creating tax code certainty and comprehensive immigration reform

Apartment Industry Response to the State of the Union

WASHINGTON, D.C. - February 13, 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

Study: Apartment Industry and Residents Contributed $1.1 Trillion to the Economy

WASHINGTON, D.C. - February 13, 2013 - (RealEstateRama) -- Despite the worst economy in a generation, apartments and their residents contributed $1.1 trillion to the national economy in 2011, supporting 25.4 million jobs, according to a new report released today by the National Multi Housing Council (NMHC) and the National Apartment Association (NAA). The report, along with an interactive map and economic impact calculator, is available on the new website

Expansion Moderates for Apartment Markets in January

WASHINGTON, D.C. - January 29, 2013 - (RealEstateRama) -- After a seven-quarter run, expansion moderated for apartment markets according to the National Multi Housing Council’s (NMHC) January Quarterly Survey of Apartment Market Conditions. For the first time since 2010, two of the four indexes – Market Tightness (45) and Sales Volume (49) – dipped below 50, though just barely. The two financing indexes show continued improvement for the 8th consecutive quarter, as the Equity Financing (56) and Debt Financing (57) Indexes remained above the breakeven level of 50.

NMHC/NAA Renew Joint Legislative Partnership Program continues two-decade unified voice for rental housing

WASHINGTON, D.C. - January 16, 2012 - (RealEstateRama) -- The National Multi Housing Council (NMHC) and the National Apartment Association (NAA) will continue to operate their Joint Legislative Program for another five years under a recently announced agreement. The unique program represents the industry at the federal, state and local levels.

Apartment Insurance Costs Increase for the Second Consecutive Year According to National Multi Housing...

WASHINGTON, DC - December 12, 2012 - (RealEstateRama) -- The cost to insure apartments increased by 9.5 percent between 2011 and 2012, marking the second consecutive year of rising insurance expenditures according to the National Multi Housing Council’s (NMHC) Apartment Cost of Risk Survey (ACORS). The survey covers data from more than one million apartment units, the largest number of units covered by the survey to date, operated by 55 apartment firms, tracking three principal components of insurance premiums: property, general liability and workers’ compensation. The 9.5 percent increase in 2012 came entirely from property risk costs, with general liability and workers’ compensation costs staying virtually unchanged from 2011.

Apartment Industry Issues Housing Finance Reform Key Principles: Calls for Ongoing Federal Role to...

WASHINGTON, DC - December 6, 2012 - (RealEstateRama) -- As lawmakers consider housing finance reform, the meaningful differences between the single-family and multifamily sectors require unique solutions for each. The National Multi Housing Council (NMHC) and National Apartment Association (NAA) Joint Legislative Program has issued a white paper outlining the key principles a reformed housing finance system needs to embrace to preserve liquidity and stability for the well-performing multifamily sector.

National Multi Housing Council Names Betsy Feigin Befus to General Counsel

WASHINGTON, D.C. - November 12, 2012 - (RealEstateRama) -- The National Multi Housing Council (NMHC) named Betsy Feigin Befus to the newly-created position General Counsel, heading up legal affairs and legal advocacy initiatives on behalf of the organization

National Multi Housing Council Promotes Julie Tulipane Stalknecht to Senior Vice President

WASHINGTON, D.C. - November 8, 2012 - (RealEstateRama) -- The National Multi Housing Council (NMHC) promoted Julie Tulipane Stalknecht to Senior Vice President, Membership, Meetings & Marketing.

Apartment Market Expansion Continues as Growth Rate Moderates

WASHINGTON, D.C. - November 1, 2012 - (RealEstateRama) -- Apartment markets improved across all areas for the seventh quarter in a row, but the pace of improvement moderated according to the National Multi Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions. The survey’s indexes measuring Market Tightness (56), Sales Volume (51), Equity Financing (56) and Debt Financing (65) all measured at 50 or higher, indicating growth from the previous quarter.

Apartment Industry Releases New Building Code Toolkits

WASHINGTON, D.C. - October 29, 2012 - (RealEstateRama) -- The National Multi Housing Council (NMHC) and the National Apartment Association released a new series of building code toolkits to help the multifamily industry meet the unprecedented demand for apartment living. The toolkits are part of a wider effort to expand resources for codes and standards as the industry ramps up apartment construction.

NMHC Releases 2012 Income/Expense Benchmarks for Student Housing

WASHINGTON, D.C. - September 25, 2012 - (RealEstateRama) -- As college and university enrollments have grown almost 40 percent in the past decade, squeezing schools’ supply of on-campus housing, demand for private, off-campus student housing options is growing. Responding to that trend, the National Student Housing Council (NSHC) and the National Multi Housing Council (NMHC) today released their 2012 Off-Campus Student Housing Income and Expense Benchmarking Survey. The only such survey specifically targeting the off-campus student housing sector, it includes data on 370 properties from 25 companies in 46 states

Apartment Industry Leaders Meet with Senior Capitol Hill Officials

WASHINGTON, D.C. - September 14, 2012 - (RealEstateRama) -- More than a dozen current and former members of the U.S. House of Representatives and Senate addressed apartment industry leaders this week as part of the National Multi Housing Council’s (NMHC) Fall Board of Directors Meeting. The group engaged in a dialogue on a variety of topics related to multifamily, ranging from comprehensive tax reform to next steps with the Government Sponsored Entities (GSEs) Fannie Mae and Freddie Mac.

Apartment Firms Staff Up to Meet New Rental Demand, Survey Says

WASHINGTON, D.C. - August 17, 2012 - (RealEstateRama) -- Reflecting the growing demand for apartment homes, nearly two-thirds (65 percent) of multifamily firms grew their staff last year and 62 percent increased their merit bonus pool, according to the National Multi Housing Council’s (NMHC) 2012 Apartment Compensation Survey. The annual survey, based upon the data of over 50,000 employees at 93 major apartment firms, provides detailed analysis of industry hiring practices – including salary, variable pay and total compensation of nearly 100 industry positions

Apartment Market Hot Streak Continues

WASHINGTON, D.C. - July 30, 2012 - (RealEstateRama) -- For the sixth quarter in a row, the apartment industry improved across all indexes in the National Multi Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions. The survey’s indexes measuring Market Tightness (76), Sales Volume (54), Equity Financing (58) and Debt Financing (77) all measured at 50 or higher, indicating growth from the previous quarter

Rick Haughey Joins the National Multi Housing Council as Vice President of Property Operations...

WASHINGTON, DC - July 2, 2012 - (RealEstateRama) -- Rick Haughey joined the National Multi Housing Council (NMHC) as Vice President of Property Operations and Technology. In the new position, Haughey will direct a new initiative to grow the strategic business and industry information the Council provides in a broad range of apartment operations issues, including technology and automation, property marketing, environmental sustainability, risk management and human resources.

Kimble Ratliff Joins National Multi Housing Council as Director of Government Affairs

WASHINGTON, DC - June 13, 2012 - (RealEstateRama) -- The National Multi Housing Council (NMHC) named Kimble Ratliff to the newly-created position of Director of Government Affairs. Ratliff will cover a variety of housing and finance-related policy issues for the Council’s growing government affairs program.

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Recent Gov & Nonprofit Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.