A report from News Channel 9 in Tennessee. "Construction in downtown Chattanooga might seem to be never ending. New apartments and condos pop up frequently around town, but is there enough demand for all of this growth? 'We had a lot of apartment developments open, several hundred open kind of within a few months of one another,' said Amy Donahue with the River City Company. 'The initial sort of wave of this last round of development really focused on apartments and we still have a lot of apartment product coming online.'"

"Donahue said many apartments opened around the same time, so right now, hundreds to thousands of units sit vacant. Some people NewsChannel 9 spoke with said they believed those vacancies showed that downtown housing really isn't growing. River City's own downtown survey from 2017 showed that almost 70% of people who responded, thought downtown living was not for them because it cost too much. Still, regardless of the price and empty units, new projects are in the works."

From Deseret News in Utah. "Utah's housing market has been among the hottest in the western region over the past several years. The result has been escalating prices for homebuyers and apartment seekers, especially along the Wasatch Front where double-digit increases have become the norm."

"But new information may indicate the market could finally be coming to a period of more reasonable growth in the next year or so. The report's lead author, James Wood, a senior fellow at the Kem C. Gardner Institute in the University of Utah's David Eccles School of Business, said the last large scale apartment projects are scheduled to be permitted this year, which will lead into a period of decreasing construction as the market demand absorbs the current supply of rental units. Residential construction is also expected to stabilize."

"'(Regarding) market conditions on the apartment side, we might begin to see a little higher vacancy rates,' Woods said. 'Supply will likely exceed demand in the next couple of years because we have so many projects ready to go.'"

"For many families, the possibility of homeownership is slipping away in the wake of double-digit housing price increases, the report states. Data showed that last year's median new home sales price for Salt Lake County jumped 61 percent from 2010 to $418,376. That trend was also similar in three other Wasatch Front counties, with Weber County's median price rising 50 percent, while Utah County saw a 62 percent hike, and Davis County had a whopping 71 percent increase in its median sales price over the eight-year period."

The Idaho Business Review. "A peculiar thing happened as newcomers fled to Boise’s suburbs seeking to escape urban cores filled with apartments: Those suburbs started getting apartments themselves. Last year, just one of every five new multifamily units in the Treasure Valley was built in Boise, according to COMPASS, the regional planning agency. 'Over the past five years we have seen more multifamily units permitted than ever before,' said Carl Miller, COMPASS’s principal planner."

"In 2018, Meridian alone issued permits for 1,303 multifamily units — twice as many as Boise did. But lest you think the suburban apartment market is a balloon that may pop, developers say not to worry. The Treasure Valley has long had fewer apartments than average for areas its size, and no end to its population growth is in sight."

"While many view the suburbs as an affordable alternative to city life, many of the new apartments aren’t necessarily any cheaper than what a renter might find in Boise. Most new units constructed are labeled 'luxury apartments' — a term Daniel Turnbull admits doesn’t actually mean much, except that the apartments rent at market rate."

"Taylor Grange, a Boise portfolio manager for property manager HomeRiver, helps investors decide what types of complexes to build. She’s steering them toward four-plex townhouses. 'It’s good for investors because they can be sold off individually,' she said. 'If something happened to the housing market, it might be harder to find a buyer for a 200-unit complex.'"

From Multi-Housing News on Texas. "Houston’s multifamily sector has certainly faced its share of challenges over the past few years. However, it is not all doom and gloom. A number of investors are finding innovative ways to ensure returns on their investments. Some 14,000 units are under construction across the metro, the vast majority as part of luxury developments. Significant capital deployment is also underway in the realm of value-add acquisitions."

"Sanmore Investments, a multifamily developer and redeveloper based in Houston, has been involved in the market’s value-add arena for more than five years. Owner Boris Sanchez discusses recent trends in Houston’s multifamily sector."

"What challenges do you see on the horizon for the Houston multifamily market in the next five years? Sanchez: As more and more investment dollars are poured into Houston, it is imperative that all investors maintain a conservative mind and not overbuild."

"Fellow Class C investors sometimes swear that (this asset type is) recession-proof. As studies have shown, it is not—both Class B and C apartments also experience expanding vacancies. Investors with the greatest flexibility in rent will be proven to be the longest lasting. There is a lot to be said for not overleveraging and not counting on an all-positive economic future."

From McKnight Senior Living. "Serving middle-income older adults could be an answer to the occupancy and oversupply challenges facing senior living operators and developers, Eclipse Senior Living CEO Kai Hsiao told those attending a Health Affairs event."

"'For those in senior living right now, one of our big challenges is occupancy due to oversupply,'” Hsiao said. 'If you take a look at what’s being built out there today, the fact of the matter is, it’s all the same. It’s all the 80-unit [assisted living], 20-unit memory care — 100-unit-ish, $4,800 [revenue per occupied room] targets. Everyone is building the same thing for that upper-income market. I think a lot of our occupancy woes and oversupply woes could be lessened or dampened if we actually targeted that middle-income demographic.'"

The News Gazette in Illinois. "A California company that rents out apartments to international students on behalf of two Champaign-Urbana apartment companies has defaulted on its payments, leaving owners and dozens of University of Illinois students in financial limbo, officials say."

"World Elites Housing Inc., known as WeHousing, failed to make its full April payments to The Pointe at U of I in Urbana and Campus Property Management as required by its leases with those two companies, officials said Wednesday. WeHousing's website was down Wednesday. The phone number listed for the company headquarters in Pleasanton, Calif., was out of service, and a message left was not returned. Several officials said they've been told the company's offices there have been cleared out."

"'They basically said they didn't have any money,' manager Brian Agnoletti said."

The Berkshire Eagle in Masachusetts. "A multi-unit apartment building at 54-58 Maple St. in Adams will be on the block when Sullivan & Sullivan Auctioneers of Sandwich holds a foreclosure auction at the site April 30. The building is located on a 6,970-square foot lot and contains 3,328-square feet of living space. It has 19 rooms, nine bedrooms and five baths."