January 2022 – Page 2

Word of the Day: Sangfroid

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[sahng-FRWA] Part of speech: Noun Origin: French, mid-18th century Definition: Composure or coolness, sometimes excessive, as shown in danger or under trying circumstances. Examples of Sangfroid in a sentence “Brad displayed remarkable sangfroid as he sized up the tough decisions ahead.” “Sarah’s mother kept sangfroid as she dealt with the fender-bender accident.” About Sangfroid “Sangfroid” comes from the French “sang-froid,” meaning cold blood.” Did you Know? Sangfroid” is an example of a loanword taken directly

Knock 2022 Housing Forecast Reveals the Best Markets for Each Stage of Life

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Austin is the best market for millennials, Miami rises to the top for Gen X and Pittsburgh ranks No. 1 for baby boomers With affordability and limited supply expected to keep the housing market competitive and remote work and the desire for more space influencing decisions on where to live, Knock, the fast-growing homeownership platform that makes all homebuyers Power Buyers, released its ranking of the best housing markets by generation in

Despite Anticipated Rent Slowdown, Multifamily Poised for a Strong 2022, Yardi Matrix Reports

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Positive outlook for the sector is buoyed by strong economic conditions, according to new outlook The multifamily market appears poised for another solid year in 2022, according to the U.S. Multifamily Outlook for Winter 2022, released by Yardi® Matrix. While the record-setting rent gains recorded in 2021 are not expected to repeat this year, analysts anticipate demand for apartments will remain robust, highlighted by strong economic growth and household formation. Investor activity

Word of the Day: Reify

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REE-ə-fi Part of speech: Verb Origin: Latin, mid-19th century Definition: Make (something abstract) more concrete or real. Examples of Reify in a sentence “The still-life assignment was to reify the sketch as a complete oil painting” “The ad agency was asked to reify the marketing pitch ahead of their next meeting with the clients.”

The Economy and Housing to Turn Toward ‘New Normal’ in 2022

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Affordability Constraints Expected to Increasingly Limit Home Sales, Weigh on Prices The housing market and larger economy are expected to enter a “new normal” in 2022 as the unprecedented market disturbances and policy responses stemming from the COVID-19 pandemic subside, according to the January 2022 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. The ESR Group expects inflation to remain elevated in 2022, while still unknown is the extent to

CORTLAND HIRES JASON KERN AS PRESIDENT OF INVESTMENT MANAGEMENT

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Cortland, a vertically integrated, multifamily real estate investment, development, and management company, has appointed Jason Kern President of Investment Management, a new role created to support the firm’s continued growth in the United States and overseas. Kern reports to Cortland’s CEO, Steven DeFrancis, and will help formulate and implement strategies for the management and growth – both organically and through mergers and acquisitions – of the firm by leveraging its areas of competitive advantage and