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Millennials and Multifamily Development

 

Much has been written recently about the economic footprint of the Generation Y demographic, commonly known as Millennials.  As they begin to reach the prime earnings phase of their lives, their particular influence can be directly observed in how advertisers chase their dollars, how retailers shape their products, and, not surprisingly, how real estate players appeal to their appetite for working, living and socializing.  For most Millennials, choices around housing are more complex than the age-old decision of whether […]

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The Outlook for Multifamily Housing in 2016

 

It is significant to note that the demand for rental housing has increased substantially since 2005, with 43 million families and individuals now living in rentals. To give that statistic context, that’s an increase of more than 26 percent in 10 years. This information comes from a Joint Center for Housing Studies at Harvard University (JCHS) report published in December of 2015.

JCHS research confirms that this increase is the largest gain on record in any 10-year period, leading to […]

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Who Is Bonneville Multifamily Capital?

Many companies in Utah are named after the massive, ancient Bonneville Lake that once covered the entire state of Utah and into Idaho and Nevada. Like Bonneville Communications, Bonneville Brewery, Bonneville Bank or our parent company, Bonneville Real Estate Capital for example. What makes us different is we focus on Government multifamily loans. We are the largest originator of USDA 538 loans in the Nation. We could literally do them in our sleep!

We have a small team of talented […]