NAA Industry Insider: Why Vacancy Rates Are On The Rise | National Apartment Association

NAA Industry Insider: Why Vacancy Rates Are On The Rise

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NAAHQ   //   October 6, 2015
The Industry Insider
Your Weekly Source for Apartment Housing Industry News and Information
Third-Quarter Vacancy Rates
Lead Story
What Rising Third-Quarter Vacancy Rates Could Indicate
Vacancy rates rose slightly as new supply came online in the third quarter. This could spell trouble for leasing up in the future. However, supply of apartment homes is still expected to lag demand for years to come.
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Response Team 1
Top Stories
Nashville Market
Market Trends
Nashville Market Heats Up With $60 Million Deal
The pending purchase of an apartment community outside of Nashville, Tennessee, is one of nearly 40 acquisitions in the area this year, with total sales of more than $800 million. See what’s driving investors to seek out property in this area.
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Mult-Family Facilities
Sponsored Content
Effortless Security for Multi-Family Facilities
Increase security, convenience, and peace of mind with the Yale Multi-Family Solution, innovative cloud-based lock management designed specifically for multi-family housing.
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Renter Demographics 2065
Market Trends
What Will Renter Demographics Look Like in 2065?
U.S. demographics have changed significantly in the past 50 years, following enactment of the 1965 Immigration and Nationality Act. The number of immigrants is expected to rise, and the nation’s demographics will continue to change in the next 50 years. What will that mean for apartment communities?
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HQ Hometek
Millennial Quiz
Sponsored Content
Quiz: Do You REALLY Know Your Millennial Renter?
Despite skyrocketing rents, Millennials (age 20-34) are renting longer than previous generations. How well do you know the Millennial renter? Take quiz now.
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HUD Grants
Industry Buzz
HUD Provides Revitalization Grants to Five Cities
Atlanta; Kansas City, Mo.; Milwaukee, Wis.; Memphis, Tenn.; and Sacramento, Calif., have each received a five-year $30 million grant to help refurbish low-income housing areas in their cities. We highlight the neighborhoods these cities plan to rebuild and how they plan to do so.
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Sample 1
Market Trends
Investors Eye San Antonio’s Northwest Neighborhood
With easy access to new office and retail developments and the University of Texas, San Antonio’s Northwest neighborhood is drawing large numbers of potential renters. And new Class A developments should be primed to capitalize on such growth.
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Sample 1
Market Trends
Oakland Expands Waste Reduction Program
Following a pilot program last summer, Oakland is now providing carts for its Zero Waste program to all properties with at least five apartment homes to reduce recyclable items in landfills to less than 10 percent by 2020. See what cities are already seeing success with similar programs.
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NAA Announcements
Get Access to Top Brands With Open Door
NAA members have the benefit of receiving special offers and savings for products and services from top companies through NAA’s Open Door program. The association vets its preferred companies and negotiates prices to provide this benefit to its 68,000-plus members. See what offers are available today.
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Do You Have Innovative Industry Ideas?
Got creative solutions to today’s problems? Submit a topic proposal for the 2016 NAA Education Conference & Exposition, being held June 15-18 at the Moscone Convention Center in San Francisco. This is a great opportunity to share insights on challenges and trends in the apartment-community industry. Proposals are due, via our online form, by 11:59 p.m. EST on Oct. 16.
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Register Your Team for the 2016 Student Housing Conference
Save $300 by signing up now for NAA’s 2016 Student Housing Conference & Exposition, taking place Feb. 16-17 at the Hyatt Regency in Chicago. Or sign up with a group of five or more to save an additional $75 each. Come and learn from industry leaders, meet top suppliers and network with your peers.
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Last Chance to Register for MAXIMIZE 2015
The MAXIMIZE: 2015 Multifamily Asset Management Conference (Oct. 12-14 at the Omni Amelia Island Plantation Resort in Amelia Island, Fla.) is the best source for insights on improving returns from assets and portfolios. Sign up today to learn more about expense management strategies, performance benchmarking, sustainability practices and more.
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360 Mission Sponsor
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