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♻️ Food Waste Recycling Supports Sustainable Living
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📈 Data Point
FHA Green MIP Program Drives Affordable Multifamily Growth
The U.S. Department of Housing and Urban Development (HUD) has reported a steady rise in the use of its Green Mortgage Insurance Premium (MIP) program for FHA-backed multifamily loans. By offering reduced premiums for energy-efficient buildings, the initiative is helping to fund affordable housing while pushing sustainable upgrades. Over $20 billion in loans have benefited from this incentive.
🧭 Market Watch
Miami Attracts Major Investment with New Multifamily Tower
Oak Row Equities secured construction financing for a new 42-story multifamily tower in Miami’s Wynwood district. The development will bring 413 luxury apartments and new retail space to a fast-growing neighborhood. Wynwood continues to be a magnet for large-scale projects, with strong demand from renters and investors alike.
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Maintenance Mode to keep your weight steady
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🧾 Rule of the Day
Absorption Rate
Absorption Rate measures how quickly available rental units are being leased in a specific market over a given time.
Formula: (Number of Units Leased ÷ Number of Available Units) × 100
A high absorption rate signals strong rental demand and can justify new construction. A low rate may indicate oversupply.
🌱 Green Build
Food Waste Recycling Supports Sustainable Living
The City of Richmond’s Green Cart program diverts food scraps and yard waste from landfills by collecting organic waste directly from multifamily homes. The material is turned into nutrient-rich compost, cutting methane emissions and reducing landfill burden. This model highlights how municipalities can involve multifamily residents in everyday sustainability. Know more.
🏘 Deal Radar
New York, NY Located on 168th street, this property has 84 units. With 100 feet of frontage along a tree-lined road and 99% occupancy, this is a lucrative investment opportunity. | Los Angeles, CA This multifamily property consists of 21 units. Built in 1971, these are one-bedroom and one-bath units located just south of Beverly Boulevard and three blocks away from Larchmont Village. | Baton Rouge, LA This is a 75-unit apartment property, located just 12 minutes from downtown and within accessible distance to all amenities. Built in 1970, every building has two stories. |
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