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- š Multifamily Production Index Climbs in Early 2025
š Multifamily Production Index Climbs in Early 2025
š Data Point
Multifamily Production Index Climbs in Early 2025
According to the National Association of Home Builders (NAHB), multifamily developer confidence rose in Q1 2025. The Multifamily Production Index (MPI) increased, reflecting steady interest in building new multifamily units. This growth is led by strong demand in the rental housing segment, which continues to outpace supply.
š§ Market Watch
Denverās University Park Attracts Investor Attention
Sentral has added the 24Fifty at University Park community to its growing Denver portfolio. The 112-unit apartment complex includes one-, two-, and three-bedroom floorplans with modern amenities and is located close to the University of Denver. With the areaās population rising and demand for rentals increasing, University Park is becoming one of Denverās most attractive submarkets.
š§¾ Rule of the Day
Closing Costs
Closing costs are the fees and expenses buyers and sellers must pay when a real estate deal is finalized. These costs are separate from the property's price and can range from 2% to 5% of the purchase price. Both the buyer and seller may have separate closing costs, depending on the terms of the deal. Investors should always factor these into their total acquisition cost when analyzing a property.
š± Green Build
Washingtonās Clean Building Performance Standards
Washington State has introduced updated Clean Building Performance Standards aimed at cutting energy use in existing residential buildings. Multifamily properties 20,000 square feet and larger must now track energy use and meet targets or face penalties. The program includes technical support and incentives to help property owners comply. Know more.
š Deal Radar
Union City, NJ Located at 315ā317 Mountain Road, this multifamily unit features views of Manhattan and strong commuter demand. Positioned in a high-density area, the building offers long-term upside in a tight rental market. | Philadelphia, PA This property at 619 N 35th Street sits in the heart of University City, near Drexel University and UPenn. Fully leased and recently renovated, the building attracts steady student housing demand throughout the year. | Chicago, IL 1808-14 S Ashland offers a prime location in Pilsen, one of Chicagoās fastest-growing neighborhoods. The mixed-use property includes retail and residential units and is walkable to transit and restaurants.. |
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