NAA Industry Insider: Lease Renewal Rates Highest in a Decade | National Apartment Association

NAA Industry Insider: Lease Renewal Rates Highest in a Decade


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NAAHQ   //   March, 24 2015
The Industry Insider
Your Weekly Source for Multifamily Industry News and Information
rental boom
Lead Story
Rental Boom Contributed Over $1 Trillion to U.S. Economy
In 2013, apartment construction spending, jobs and economic contributions added $1.3 trillion to the U.S. economy and supported 12.3 million jobs, according to new research commissioned by the National Multifamily Housing Council and the National Apartment Association. Find out how else apartment construction, operations and resident spending have benefited the economy.
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Top Stories
Market Trends
Lease Renewals Hit Decade High
February 2015 saw the highest renewal-conversion rate in a decade, despite increasing supply and rising rents in many markets.
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Sponsored Content
Join Your Family — Your Multifamily — On April 7 for National Multifamily Day
For the first time, NAA is celebrating the rental housing industry with National Multifamily Day.
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New Apartments Being Absorbed Quickly
Over the last five years, rents have continued to go up in nine of the 10 metro markets that added the largest number of apartment units relative to their market size.
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Diamond Sponsors
Education Conference
new york
New York on Track to Deliver Most Apartments in 2016
The New York City metro area market is primed to deliver the most apartment units in 2016, stealing the top spot from Houston, which fell to third. What market is set to take over second place?
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NAA Open Door
Sponsored Content
NAA Has Your Key to Savings — It's Right Through This 'Open Door'
Unlock huge savings with NAA's Open Door Program, an exclusive member benefit offering great value on products and services from your favorite rental housing service partners.
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pabst student housing
Market Trends
Beer Bottling Plant to Become Student Housing
A building in Milwaukee, Wis., where Pabst formerly bottled beer will be soon be transformed into international student housing for area colleges and universities.
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Market Trends
Too Many High-End Apartments in D.C.?
An oversupply of high-end units in certain parts of the Washington, D.C., metro area is causing some developers to decrease rents and others to abandon new apartment construction plans.
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Mortgage Debt
Market Trends
Multifamily Mortgage Debt Increases in Q4 2014
Find out by how much total multifamily mortgage debt outstanding increased in the fourth quarter of 2014 and over the full year.
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Dallas Fort Worth
Industry Buzz
More Sellers in Dallas-Ft. Worth in 2015?
What three reasons could drive an increasing number of multifamily building owners in the Dallas-Ft. Worth area to sell their properties this year?
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NAA Announcements
Two Treasures at the 2015 NAA Education Conference & Exposition
NAA is pleased to announce that national culinary sensation Giada De Laurentiis will be headlining Friday's General Session at the 2015 NAA Education Conference & Exposition, June 24-27 in fabulous Las Vegas. And that's not all: Attendees will also have a chance to win $500,000 at the NAA Exhibition. Invest in your company and your career, and register today.
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Make an Impact: Participate in the 2015 NAA Income and Expenses Survey
The 2015 NAA Survey of Income & Expenses in Rental Apartment Communities is ready for you. Survey participants will receive a free final report of the survey (a $625 value), which contains valuable budgeting and benchmarking data, local and national market analysis and much more.
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NAA Is on the Lookout for the Best Apartment Communities
It’s NAA Paragon Award season. Let NAA know which builders, suppliers, industry professionals and affiliated apartment associations are setting the bar for success in the multifamily housing industry. Winners will be announced at an award ceremony at the 2015 NAA Education Conference & Exposition in June and featured in the September issue of units Magazine.
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Take Your Multifamily Assets to the Max This October
Stay ahead of the changing operational curve by attending Maximize: 2015 The Multifamily Asset Management Conference, Oct. 12-14 in Amelia Island, Fla. Attendees will get unique insight on operational best practices, supplier and system recommendations, ideal benchmarking metrics and much more.
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