Clarendon Secures Renewal of HUD Contract for Section 8 Rent Comparability Studies in the Northeast Region

Clarendon Secures Renewal of HUD Contract for Section 8 Rent Comparability Studies in the Northeast Region

Clarendon is proud to announce the renewal of our contract with the U.S. Department of Housing and Urban Development (HUD) to provide Section 8 Rent Comparability Studies (RCS) for the Northeast Region of the United States. Clarendon is proud to announce the renewal of our contract with the U.S. Department of Housing and Urban Development (HUD) to provide Section 8 Rent Comparability Studies (RCS) for the Northeast Region of the United States. This region, headquartered in New York City, encompasses 14 states: Connecticut, Delaware, District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont, Virginia, and West Virginia.

Community Amenities: Driving Value and Returns for Multifamily Investors

Community Amenities: Driving Value and Returns for Multifamily Investors

Investing in community amenities isn’t just about enhancing resident experience—it’s a proven strategy for driving rental premiums and increasing long-term property value. According to Greystar’s 2024 survey, features like clubhouses, co-working spaces, and pet-friendly areas can command rent increases while also reducing turnover and marketing costs.

Creating a Sense of Belonging: Why Community Amenities Matter More Than Ever

Creating a Sense of Belonging: Why Community Amenities Matter More Than Ever

Community amenities are no longer just an added bonus—they’re a key driver of resident satisfaction and property value. According to Greystar’s 2024 survey, thoughtfully designed social spaces not only enhance tenant experience but also lead to higher lease renewal rates, reduced vacancies, and rental premiums.

Health, Happiness, and Higher Returns: Why Wellness Investments Matter

Health, Happiness, and Higher Returns: Why Wellness Investments Matter

Discover how strategic investments in wellness amenities can transform your rental properties. From comprehensive fitness facilities to biophilic design elements, these enhancements drive measurable returns with rental premiums, reduced turnover rates and faster lease-up periods. With the U.S. leading the wellness real estate movement at $181 billion, properties without these features risk competitive disadvantage. Ready to unlock your property's potential? Contact us for expert rent studies today!

Wellness as the New Standard: How Multifamily Housing Is Evolving

Wellness as the New Standard: How Multifamily Housing Is Evolving

Health and wellness amenities are no longer luxury add-ons but essential features driving multifamily property value. According to the Global Wellness Institute, the wellness real estate market has skyrocketed from $225 billion in 2019 to $438 billion in 2023, with projections showing it will reach $913 billion by 2028.

Maximizing ROI: The Power of Technology Improvements and Amenities

Maximizing ROI: The Power of Technology Improvements and Amenities

Discover how strategic investments in technology and modern amenities can transform your rental properties. From smart building infrastructure to energy management systems, these enhancements drive tenant satisfaction, operational efficiency, and property value. Ready to unlock your property's potential? Contact us for expert rent studies today!

Unlocking Value: How Smart Technology is Transforming Rental Properties

Unlocking Value: How Smart Technology is Transforming Rental Properties

Greystar's 2024 Design Survey highlights a transformative shift in multifamily housing, where smart technology amenities have evolved from luxury features to essential drivers of property value. Modern renters are showing strong preference for properties equipped with controlled access systems, smart locks, and integrated property management technologies. For property owners and investors, strategic implementation of these smart features delivers multiple benefits: commanding higher rental premiums, reducing operational costs through improved energy efficiency, and minimizing maintenance expenses through preventative monitoring. As the smart home market continues its rapid growth, multifamily properties that embrace comprehensive technology integration are positioning themselves as market leaders, achieving stronger occupancy rates and improved operational efficiency in an increasingly competitive landscape. In today's competitive rental market, technology-driven amenities have evolved…

What Makes Detroit America’s Most Promising Comeback Story?

What Makes Detroit America’s Most Promising Comeback Story?

In this edition of our Market Brief, we turn our focus to Detroit, a city experiencing steady transformation and growing national recognition. Recently ranked 78th in the 2025 World’s 100 Best Cities Report, Detroit’s resurgence reflects a mix of economic revitalization, cultural investments, and strategic urban planning.

Midtown's Momentum: Detroit's Fastest-Growing Development District

Midtown's Momentum: Detroit's Fastest-Growing Development District

Detroit's Midtown district is experiencing unprecedented growth, transforming from its historic Cass Corridor roots into a thriving urban center. This 3.3-square-mile neighborhood showcases robust development activity, highlighted by the $377 million Mid project near Whole Foods and successful mixed-income developments like Brush Watson. Anchored by Wayne State University and the Henry Ford Health System, Midtown combines cultural amenities, including the Detroit Institute of Arts and Detroit Symphony Orchestra, with modern transit infrastructure through the M-1 Light Rail project. The district's special zoning designation and strong foundation support are attracting developers, while maintaining a balance of market-rate and affordable housing options. As Detroit's premier development district, Midtown demonstrates how strategic urban planning and community investment can create sustainable neighborhood revitalization.

Motor City No More? How Detroit Became a Leader in Urban Innovation

Motor City No More? How Detroit Became a Leader in Urban Innovation

Detroit's urban revival stands as a leading example of successful city transformation in 2025, marked by strategic development in multifamily housing, adaptive reuse projects, and innovative urban planning. This comprehensive analysis explores how the Motor City has become a blueprint for post-industrial urban renewal, with particular focus on its thriving Midtown district and mixed-use developments.

How Are Shifting Trends Transforming the American Housing Market?

How Are Shifting Trends Transforming the American Housing Market?

The pandemic has accelerated this evolution, transforming SF rentals from a niche market to a full-blown sector, while reshaping MF amenity preferences. This transformation coincides with a significant shift in renter demographics, as more affluent households deliberately choose to rent rather than buy, driving demand for premium amenities across both property types.

Navigating HUD Guidelines for Market Alignment

Navigating HUD Guidelines for Market Alignment

Navigating HUD guidelines can be complex, but our custom solutions for market alignment simplify the process. Our approach ensures compliance, efficiency, and flexibility, helping you align rents with the market. Discover the benefits and real-world success stories in our latest article and how our expert-driven service can enhance your property value and resident satisfaction. Navigating HUD guidelines can be complex, but our custom solutions for market alignment simplify the process. This article explores how our phased approach can help you efficiently align rents with the market.

Cleveland’s Urban Revival: A Top Global City for Affordability and Culture

Cleveland’s Urban Revival: A Top Global City for Affordability and Culture

In this edition of our market brief, we highlight Cleveland’s remarkable resurgence, which recently earned it a spot among the world’s top cities—ranking 70th globally, surpassing cities like Hong Kong, Rio de Janeiro and Athens. This achievement reflects Cleveland’s dynamic growth, driven by a blend of economic revitalization, cultural investments, and strategic urban planning.

Opportunity Corridor: The Road Reshaping Cleveland’s East Side

Opportunity Corridor: The Road Reshaping Cleveland’s East Side

Cleveland’s Opportunity Corridor is revitalizing the city’s east side, transforming underutilized areas into thriving communities. Completed in 2021, this $330 million project connects University Circle with I-490, enhancing connectivity and driving multifamily development in Fairfax, Kinsman, and Slavic Village. More than a roadway, the corridor integrates pedestrian and bike paths, fostering sustainable urban design. Key developments, including mixed-income housing and the Fairfax Market, are bridging economic divides and addressing food insecurity. With ongoing investments in site redevelopment and job training, Cleveland’s Opportunity Corridor is a national model for equitable growth and urban renewal.

2025 ULI Emerging Trends Report: Multifamily and Rental Properties in Cities to Watch

2025 ULI Emerging Trends Report: Multifamily and Rental Properties in Cities to Watch

Explore the latest insights from the 2025 ULI Emerging Trends in Real Estate report! Discover how cities like Dallas-Fort Worth, Miami, and Houston are leading the way in multifamily market trends and rental property investments. Learn about the key trends shaping the market, from increased supply in Sunbelt markets to the integration of sustainability and smart technology.

The Rise of America's Best Cities: Analyzing the 2025 Rankings

The Rise of America's Best Cities: Analyzing the 2025 Rankings

Discover what makes these 35 U.S. cities stand out in the 2025 World's Best Cities rankings! From economic opportunities and cultural richness to affordability and quality of life, these cities have it all. Dive into the common traits that contribute to their high rankings and see which cities are leading in innovation and sustainability.

Cleveland's Urban Revival: A Top Global City for Affordability and Culture

Cleveland's Urban Revival: A Top Global City for Affordability and Culture

Cleveland has undergone a remarkable transformation over the past decade, earning a spot among the world's best cities. Ranked 70th globally by World's Best Cities, Cleveland outshines cities like Hong Kong and Rio de Janeiro. This resurgence is driven by its unique blend of affordability, culture, and opportunity. The city is recognized as the second-best in the world for housing affordability, thanks to its strategic adaptive reuse of historic buildings and a focus on walkability. Key projects like the Opportunity Corridor are connecting neglected neighborhoods to the vibrant downtown, fostering inclusive development. Cleveland's revitalization is a model for sustainable urban growth, balancing economic development with community well-being.

MarketRent | Cincinnati’s Transformation: Office-to-Res Conversions Fuel Downtown Revitalization

MarketRent | Cincinnati’s Transformation: Office-to-Res Conversions Fuel Downtown Revitalization

In this issue of MarketRent™ powered by Clarendon, we explore how Cincinnati is revitalizing its downtown core through innovative office-to-residential conversions. Amid shifting tenant preferences and rising office vacancies post-pandemic, the city is transforming underutilized office spaces into vibrant residential and mixed-use developments. Iconic projects like The Provident, AT580, and the planned transformation of Carew Tower highlight how Cincinnati is blending historic preservation with modern urban living.

Downtown Cincinnati - Cincinnati’s Urban Revival: The Rise of Office-to-Residential Conversions

Downtown Cincinnati - Cincinnati’s Urban Revival: The Rise of Office-to-Residential Conversions

In this edition of our market brief, we delve into how Cincinnati is rapidly becoming a frontrunner in the office-to-residential conversion trend, a strategy gaining traction in cities across the United States. Confronted with increasing office vacancies and evolving tenant preferences post-pandemic, the city has adopted adaptive reuse to rejuvenate its downtown area, address the growing demand for housing, and preserve its architectural heritage, while making downtown a dynamic and sustainable place to live, work, and play.

Cincinnati’s Adaptive Reuse Movement: A New Vision for Downtown

Cincinnati’s Adaptive Reuse Movement: A New Vision for Downtown

Cincinnati’s adaptive reuse sector is a small but impactful part of its multifamily market, representing about 10% of downtown units. While new developments dominate, adaptive reuse projects like The Provident and Textile Apartments highlight the potential for office-to-residential conversions to stabilize occupancy and drive rent growth.

Office Conversions Reshape Cincinnati’s Urban Core

Office Conversions Reshape Cincinnati’s Urban Core

Cincinnati is at the forefront of office-to-residential conversions, blending history with modern living. Notable projects include The Provident, a former bank headquarters converted into 161 market-rate apartments. And 7W7, a Former Macy’s HQ, under redevelopment to deliver 341 units by 2025.