What is Corporate Housing?

What is Corporate Housing?

Corporate housing generally refers to the practice of renting an apartment or home to corporate workers or executives on a medium-term basis. Therefore, owning corporate housing lies somewhere between operating an extended-stay hotel and leasing out apartment units for a traditional 6-month or 1-year period. In this article, we'll explore whether corporate housing is a viable alternative source of income for multifamily investors, but first, we'll review a few facts about the corporate housing industry.

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Multifamily Trends in 2019

Multifamily Trends in 2019

As we glide through the second quarter of 2019, the multifamily investment and development market is still hot-- but there are a variety of trends that investors, developers, brokers, and other industry players should be aware of. In particular, U.S. rent prices are steadily increasing, though not as quickly as they have in the last two years, both baby boomers and millennials are moving into apartment developments, especially in urban areas. In addition, tenants, particularly younger ones, are craving new amenities and features, such as smart home technology, wellness amenities, and environmental sustainability.

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