Residential/Multifamily

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In Brief: Los Angeles, Seattle Are Top Multifamily Markets for 2017

Los Angeles is now the top city in Marcus & Millichap’s National Multifamily Index, moving up 11 spots from a year earlier. The move was fueled by a forecast for further tightening in vacancy and minimal supply growth. Robust job growth pushed Seattle-Tacoma seven spots higher to place second on the list.

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Recent Articles

  • A Tax Credit Turns 30

    December 13, 2016

    The low-income housing tax credit (LIHTC) has helped house millions, and it remains a vital driver of development. The 30-year track record of the LIHTC offers compelling evidence that affordable housing is good business, a stable asset class, and a strong driver of economic activity and neighborhood improvement.

  • Capitalizing on TOD

    December 8, 2016

    As the Denver metropolitan area has topped 3 million residents, potentially accelerating toward 4 million, a sustainable land use template for future mobility and economic, social, and environmental health is emerging within the framework of the 122-mile (196 km) FasTracks rail and bus rapid transit network, which includes expansion with five new transit lines this year. A ULI Colorado event in early November attracted participants from Colorado and beyond to tour various transit-oriented development sites and hear about lessons learned and future trends.

  • Housing in the Evolving U.S. Suburbs

    December 5, 2016

    A new report from the ULI Terwilliger Center says that U.S. suburban housing markets are well positioned to remain preferred places to live and work over the coming decades, even as urban cores and downtown neighborhoods continue to attract new residents.

  • Increased Use of Wood, Reduced Parking May Reduce Multifamily Construction Costs

    November 16, 2016

    With no end in sight to the boom in urban and close-in suburban multifamily housing construction, developers are eager for ways to save money on ever-increasing land and construction costs. Experts speaking at the 2016 ULI Fall Meeting said that reducing parking requirements and increasing use wood-frame construction for buildings up to five stories could help keep costs in check.

  • Minneapolis’s South Quarter IV Wins ULI Kemp Award

    October 27, 2016

    South Quarter IV, a housing development in Minneapolis, has been selected by the ULI Terwilliger Center for Housing as the winner of the 2016 Jack Kemp Excellence in Affordable and Workforce Housing Award.

  • Chicago’s Troubled Building Initiative Wins Larson Housing Policy Leadership Award

    The city of Chicago’s Troubled Building Initiative was selected by the ULI Terwilliger Center for Housing as the winner of the 2016 Robert C. Larson Housing Policy Leadership Award, an annual recognition of the innovative ways the public sector is addressing the country’s affordable housing crisis.

  • New CoStar Data Reveal a Vast National Inventory of Naturally Occurring Affordable Housing—and an Untapped Opportunity

    October 24, 2016

    At least 5.5 million units of naturally occurring affordable rental housing exist in cities across the United States, according to newly released data from CoStar, a leading provider of data and analytics for the commercial real estate industry. In an age of dwindling public subsidies for affordable housing, the concept of preserving naturally occurring affordable housing (NOAH) is gaining currency.

  • Where People Will Want to Be: “Surban” Communities

    October 19, 2016

    Combining the best of urban and suburban living, they will meet the needs of more demographic groups, according to a new ULI report, Demographic Strategies for Real Estate, prepared for ULI’s Terwilliger Center for Housing by John Burns Real Estate Consulting.

  • How to Best Use Zoning Policies to Spur Workforce Housing Development

    September 2, 2016

    The potential and limitations associated with inclusionary zoning, a tool used by a growing number of U.S. cities to encourage or require workforce housing development, are explored in a new ULI report, The Economics of Inclusionary Development.

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