The Latest

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     Oscar Einzig Photography

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    2025’s top multifamily conferences

    Multifamily Dive has you covered with a full list of the industry events, expos and meetings on tap for this year.

    Updated Jan. 30, 2025
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    "1625 Massachusetts Avenue NW.jpg" by APK is licensed under CC BY-SA 4.0
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    Tax break programs help spur downtown DC office-to-residential conversions

    The Housing in Downtown Program has supported three housing conversion projects to date, while a new program will provide tax breaks to projects that convert offices to “anything” in the city’s business corridor.

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    Permission granted by Baron Property Group
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    DEALS + STARTS

    Baron breaks ground on Miami-area transit-oriented tower

    Metro Parc North will add 661 units next to a Tri-Rail station in Hialeah, Florida.

  • A professional headshot of Barry Chase.
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    Permission granted by Eagle Property Capital
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    Multifamily firms announce hirings, promotions

    Leadership changes were on tap this year at many of the country’s top apartment firms.

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    Igor Kutyaev via Getty Images
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    Veris plans to sell up to $500M in assets

    With a gap between its share price and net asset value, the REIT plans to use the proceeds to fund a share repurchase program and repay debt.

  • Mixed-use multifamily residential district area development with blue sunny sky background
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    Svetlana123 via Getty Images
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    Apartment sales rise for the first January in 3 years

    Cap rates are hovering at 5.6%, while values only fell 1.6% YOY.

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    Davel5957 via Getty Images
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    Where to find incentives for conversion projects

    Adaptive reuse developers may be eligible for tax breaks, grants or government aid under a range of city and state programs.

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    Steven J Magner

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    PROJECT SPOTLIGHT

    Sares Regis turns California parking lot into much-needed housing

    Avelle will add over 300 market-rate and affordable units near Google, LinkedIn and Microsoft offices in Mountain View, California.

    Updated March 3, 2025
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    Courtesy of Terra
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    Miami developer breaks ground on $1B transit-oriented project

    Upland Park, located near a bus terminal facility, will feature 2,000 apartments and retail and commercial space at full buildout.

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    lucky-photographer via Getty Images
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    REIT Report

    Camden looks to become more aggressive in 2025

    The REIT plans to pursue acquisition and development opportunities as new supply falls in its key markets.

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    akinbostanci via Getty Images
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    AVB acquires 8 Texas properties for more than $600M

    The purchase from BSR will help the REIT achieve its goal of having 25% of its portfolio in expansion Sun Belt markets.

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    Sundry Photography via Getty Images
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    Apartment starts, permits tick up YOY

    Completions jumped 12% as units under construction fell in January.

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    Permission granted by Crossville
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    PRODUCTS

    February 2025 roundup: New multifamily products

    Offerings this month include decorative acoustic baffles and a data-rich model of New York City.

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    rabbit75_ist/iStock/Getty Images Plus via Getty Images
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    AvalonBay sees strength in the mid-Atlantic

    The REIT will continue to add properties in the suburbs and its expansion regions in 2025.

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    drnadig via Getty Images
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    Builders, contractors testify in Congress on permitting issues

    The NAHB told a Senate committee that environmental reviews often block or delay housing projects for years.

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    Getty Images/Staff via Getty Images
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    Apollo acquires Bridge for $1.5B

    Salt Lake City-based Bridge manages approximately $50 billion in assets, primarily in the industrial and residential sectors.

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    Google Maps

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    DEALS + STARTS

    Former Ecolab tower in St. Paul undergoes $68M conversion

    The Stella will bring 178 units and 2,800 square feet of retail to the Minnesota city that passed rent control in 2021.

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    gradyreese via Getty Images
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    Elme Communities could be for sale

    While analysts applauded the news, one wondered if President Donald Trump's efforts to scale back the government could create uncertainty around potential demand.

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    Courtesy of Marquette
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    EXECUTIVE MOVES

    Marquette reorganizes leadership, adds new CFO

    Jason Tennenbaum will join the C-suite, while Trevor Ryan and Jim Cunningham will lead Marquette Cos. and Marquette Management respectively.

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    tntemerson via Getty Images
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    Multifamily distress jumps 40 basis points to 13%

    However, the industry’s servicing rate fell in January as delinquencies only ticked up slightly, according to Trepp.

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    Getty Images via Getty Images
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    REIT Report

    UDR eyes second-half rent boost

    Austin, Texas, and Nashville, Tennessee, are problematic for the REIT, but the coasts generally look strong.

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    Permission granted by Middle Street Partners
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    Middle Street Partners finalizes $69M company recapitalization

    The firm will target $1 billion of early-cycle developments and acquisitions.

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    Courtesy of RKW Residential
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    EXECUTIVE MOVES

    RKW Residential expands marketing, operations leadership

    The property manager has made four promotions and four new hires.

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    Алексей Белозерский via Getty Images
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    REIT Report

    MAA sees concessions in Austin, Atlanta and Charlotte

    The Memphis-based REIT expects new lease pricing to be down 1.5% and renewals to be in the 4.25%-4.5% range this year.

  • An office space for ARK Homes for Rent.
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    Permission granted by Ark Homes for Rent
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    EXECUTIVE MOVES

    ARK Homes for Rent opens Atlanta office, creates new role

    Andy Wu, formerly with ResiBuilt, will work with the executive team on growth opportunities.