The Latest

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    Permission granted by National Apartment Association
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    2024’s top multifamily events

    Multifamily Dive has you covered with a full list of the industry conferences, expos and meetings for the rest of the year.

    Updated April 30, 2024
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    Jason Finn via Getty Images
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    Tracker

    Problem loans: Tracking the biggest multifamily delinquencies

    Recent distressed transactions occurred in San Francisco, Washington, D.C., and Atlanta.

    Updated June 13, 2024
  • An elevated shot of a street lined with high-rise buildings. One person walks across a crosswalk.
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    John Moore/Getty Images via Getty Images
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    Seattle encourages office-to-residential conversions with new law

    The city's mayor said Seattle needs to take advantage of every tool available to fend off a housing shortage as downtown buildings sit empty.

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    webking via Getty Images
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    Trepp: Multifamily CMBS delinquency moves past 2%

    The special servicing rate for apartments fell in June but remained above 5%.

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    gremlin via Getty Images
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    Property managers, residents out of sync on living preferences

    While owners believe renters prioritize tech, they actually have more of a desire for the basics, according to a new survey.

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    ewg3D via Getty Images
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    Despite headwinds, rent growth remains positive

    Rents rose 1.5% in the first half of 2024 and 1% in the second quarter, trending below the historical average.

  • the bottom of a high-rise building in San Francisco surrounded by streets smaller buildings
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    Retrieved from Crescent Heights.
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    Crescent Heights secures loan modification at beleaguered San Francisco property

    The developer will retain control of the 754-unit NEMA San Francisco apartment complex after paying its lenders $10.5 million.

  • A rendering of a mid-rise apartment building.
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    Permission granted by Bolour
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    DEALS + STARTS

    Bolour secures entitlements for development near Dodger Stadium

    The 86-unit project will be located on Sunset Boulevard in Los Angeles.

  • An exterior view of an office building
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    Permission granted by Continental Realty Corp.
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    Q&A

    CRE exec embraces market reset

    Nicole Brickhouse is the newly appointed director of capital markets at Baltimore’s Continental Realty Corp.

  • Aerial picture of brick apartments, grass, parking lots and a pool.
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    Permission granted by Morgan Properties
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    Morgan acquires 3,434 units in its home state

    The apartment owner plans $80 million in upgrades at the 11 properties in Pennsylvania.

  • A low-rise apartment building. A sign in front reads "Greenbelt Place."
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    Google Maps

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    Eureka Multifamily discrimination case headed to trial

    An ex-employee is suing the Texas-based property owner alleging racial bias and retaliation.

  • A person showing a property through an online video call using a tablet computer.
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    andresr via Getty Images
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    Proptech funding drops 14.3%

    Ninety-one percent of tech firms anticipate raising capital, and 45% expect that to happen in the next 10 to 12 months.

  • Three-level apartment building with railing and steps and people on the second floor.
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    Permission granted by Atlas Real Estate
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    Q&A

    Denver-based operator uses its smaller size as an advantage

    The CEO of Atlas Real Estate said his company “out-locals” national players while still investing in technology.

  • Picture of a pool at an apartment property
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    Permission granted by Mill Creek
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    DEALS + STARTS

    Inside Mill Creek’s evolution to a full-service investment management firm

    Although the Florida-based developer made its name in new construction, value-add purchases and structured products will represent a larger part of the business going forward.

  • Downtown Los Angeles California skyline cityscape skyscrapers
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    dszc via Getty Images
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    How California’s junk fee laws could impact legislation nationwide

    The state is now a testing ground for rules affecting how hotels and other accommodations display mandatory fees.

  • A row of brightly colored apartments on a city street
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    Sundry Photography via Getty Images
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    Unit turnover, move-outs to buy drop

    High home prices, fewer listings and lifestyle preferences are keeping renters in one place, according to a new study.

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    Permission granted by TDI
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    EXECUTIVE MOVES

    TDI adds Riata Development founders as senior VPs

    Graham Johnston and Patrick Crawford will work to expand the former JPI company’s middle-income housing platform.

  • A bocce court is set up and awaiting players on a rooftop lounge of an apartment building
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    Permission granted by Optima Inc.
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    As summer heats up, apartment properties offer outdoor fun

    Beyond swimming pools, property designers and managers are experimenting with seasonal offerings like al fresco dining, fitness and games.

  • A person in a blue shirt and black pants and shoes wears a surgical face mask and walks past a window. In the window, a sign reads "Retail for Lease."
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    Justin Sullivan/Getty Images via Getty Images
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    5 US cities prime for office-to-residential conversions

    An Urban Institute analysis names the cities that could benefit most from adaptive reuse projects based on office real estate markets and housing supply needs.

  • Bright colored high-rise apartments towering above nearby properties.
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    Permission granted by KKR
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    KKR purchases Quarterra portfolio for $2.1B

    Carter-Haston, MG Properties and Dalan Real Estate will operate the assets for the New York City-based global investment firm.

  • A rendering of the exterior of a multifamily building.
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    Permission granted by KGD Architecture
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    Clark makes headway on first affordable housing project in Tysons, Virginia

    Amazon is funding $56 million of the project through its housing equity fund.

  • Tan and brown brick apartment building with balconies
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    elxeneize via Getty Images
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    MSCI: Prices have fallen over 20% in less than 2 years

    Additionally, apartment sales dropped 44% year over year in May to $6.7 billion.

  • The U.S. Supreme Court building's facade with flowers blurred in the foreground.
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    Andrew Harnik via Getty Images
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    SCOTUS overturns Chevron doctrine, limiting federal agency reach

    The decision could have far-reaching effects on apartment owners, managers and developers, according to an attorney.

  • A wooden gavel with metal band rests on a platform. Law books are in the background.
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    DNY59 via Getty Images
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    AIR sued by former tenant alleging illegal security deposit deductions

    The class action lawsuit claims the property owner violated the Massachusetts Security Deposit Law.

  • A warm colored building with glass balconies overlooks an ocean.
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    Courtesy of Ālia
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    $400M mixed-use building underway in Honolulu

    The 477-unit condo tower, Ālia at 888 Ala Moana, features sustainable design techniques, ocean views and luxury amenities.