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Welcome to Delaware Multifamily FOCUS—the ultimate one-stop shop for owners, investors, and anyone interested in Delaware multifamily real estate. This site is built to cut through the noise and provide clear, organized, and actionable insights that help you maximize your investment potential. Whether you're looking for the latest rental data, legislative updates, market trends, zoning changes, or exclusive investment opportunities, you'll find it all here. Unlike static reports, this platform evolves daily, ensuring you’re always up to speed with the most relevant and timely information. If it impacts Delaware multifamily, you’ll find it here—fast, accurate, and to the point. Get the intel you need. Make better investment decisions. Stay ahead of the market.

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The CBRE Difference

At CBRE, we are more than just brokers—we are trusted advisors first. Our expertise goes beyond transactions; we provide data-driven insights, strategic guidance, and deep submarket intelligence to help you navigate Delaware’s multifamily market with clarity and confidence.

 

No firm digs deeper than CBRE—we analyze every economic driver, zoning shift, and investment trend to uncover what truly makes a market tick. With our unparalleled access to market data, buyer pools, and institutional capital, we deliver precision, strategy, and maximum returns on every investment. When you work with CBRE, you don’t just get a broker—you get an advisor committed to your long-term success.

Delaware Multifamily News

Housing advocates seek 1% share of state budget
2/19/25

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Industry leaders and housing advocates are urging Delaware state officials to dedicate at least 1% of the state budget—approximately $60-$70 million—toward affordable housing initiatives. With rising construction, land, and development costs, low- and middle-income families are struggling to find housing without additional state investment. Wes Stefanick, CEO of the Delaware Association of Realtors, emphasized that state funding has remained stagnant for decades, despite growing demand. Rachel Stucker of Housing Alliance Delaware highlighted the impact of the shortage, stating that rising rents and homelessness are displacing essential workers, including healthcare aides, teachers, and childcare providers. Katie Gillis of the Home Builders Association of Delaware pointed out that restrictive regulations and high costs are limiting the development of affordable and middle-income housing, making it difficult to meet demand. Advocates agree that increasing state investment in housing is critical—not just for affordability, but for economic growth, job creation, and community stability across Delaware.

As colleges struggle with housing crises, study reveals growing concerns over the University of Delaware’s approach
2/12/25

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A new study highlights the worsening housing crisis at the University of Delaware, where rising rents, limited on-campus housing, and growing enrollment are leaving many students—especially graduate students—financially strained. Historically, UD provided housing for 60% of undergraduates, but years of dorm shortages, demolitions, and a stagnant expansion strategy have driven more students into Newark’s competitive rental market. Today, only 38% of undergrads live on campus, with many struggling to secure affordable housing. A 2024 study found that over 80% of UD’s African graduate students spend more than 30% of their income on rent, with nearly half classified as “extremely cost-burdened” by HUD standards. Meanwhile, the demolition of Christiana Towers—a former student housing complex—has further reduced availability. UD officials acknowledge the challenge but emphasize renovations over expansion, balancing student housing needs with Newark’s local economy. While grad student housing options have increased slightly, many believe UD must expand its housing capacity, explore alternative solutions, and reassess zoning policies to ease the crisis. For now, students continue to navigate rising rents, scarce options, and financial pressures, as the demand for affordable housing in Newark grows.

Gov. Matt Meyer signs executive order on expediting affordable housing permit process
1/25/25

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Gov. Matt Meyer has signed an executive order to streamline the permitting process for affordable housing projects across Delaware. The order creates a working group tasked with developing a plan for a “one-stop shop” in each county to simplify state and local approvals. The group will present its recommendations by April 25, with implementation set to begin within six months. Meyer emphasized the urgent need for affordable housing, citing a shortage of 20,000 units that disproportionately affects low-income workers and communities of color. The 16-member task force includes state and county officials who will work to accelerate housing development and remove bureaucratic barriers. With affordable housing at the forefront of Delaware’s economic and social priorities, this initiative aims to speed up development, increase housing accessibility, and drive long-term investment in the state's housing market.

Leaders look ahead at the challenges facing Delaware in 2025
1/28/25

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Delaware Live gathered insights from community, business, and political leaders to identify the most pressing challenges and opportunities facing the state in 2025. Housing & Development: Katie Dodge Gillis (Home Builders Association of Delaware) emphasized the need for more housing production, citing regulatory barriers and zoning restrictions as major obstacles to meeting demand. Education Reform: Nancy Mercante (Citizens for Delaware Schools) and Tanya Hettler (Caesar Rodney Institute) called for immediate changes to Delaware’s education system, particularly in implementing Science of Reading reforms and alternative education models. Healthcare & Community Initiatives: Jim Murphy (American Heart Association) highlighted telemedicine advancements and the need for better stroke prevention and care. Business & Economic Concerns: Brandon Brice (Delaware GOP) and Hon. William Witham Jr. warned about businesses leaving Delaware, the state's changing corporate landscape, and the potential economic impact of recent court rulings and policy changes. With concerns spanning housing, education, business policy, and healthcare, leaders agree that 2025 will be a pivotal year in shaping Delaware’s future.

Construction industry encouraged by Meyer’s housing executive order
1/31/25

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Gov. Matt Meyer has signed an executive order aimed at expediting the permitting and approval process for new housing development, particularly affordable housing. The order establishes a working group tasked with creating a “one-stop shop” permitting system across state and local governments, with recommendations due by April 25. Housing advocates and builders support the initiative, citing that lengthy approval processes drive up costs and slow development. Michael Riemann (Home Builders Association of Delaware) emphasized that reducing bureaucratic delays lowers home prices without sacrificing regulations. However, Kevin Kelly (Leon N. Weiner & Associates) noted that excessive fees and code changes have already made development in New Castle County particularly challenging. Industry leaders, including Jennifer Cohan (Associated Builders and Contractors of Delaware), stressed the importance of ensuring fair competition for all contractors, addressing labor shortages, and standardizing fees statewide. While the initiative is widely seen as a positive step, experts agree that effective execution, regulatory coordination, and digital integration will be key to accelerating development and improving housing affordability in Delaware.

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