The Latest
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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 May 13, 2025 -
The top 10 home builders of 2025
SH Residential Holdings moved from No. 20 to No. 6 this year following its acquisition of M.D.C. Holdings.
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Q&A
How Valiant grew into a top 50 multifamily firm
The Dallas-based company made its first appearance on the NMHC list this spring, 10 years after launching third-party property management services.
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New Funds
Mesirow raises $1.2B for value-add apartments
The Chicago-based firm will focus on multifamily properties needing upgrades in the top 30 U.S. markets.
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5 of the largest apartment transactions of Q1
Properties on both coasts sold for over $180 million, according to RealPage.
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REIT Report
Camden posts near record-low resident turnover rate
The REIT also saw apartment starts fall as much as 80% in some of its Sun Belt markets.
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PROJECT SPOTLIGHT
New Houston apartments include an on-site event venue
The Artistry Design District is located near the Houston Design Center showrooms, as well as employers in the Energy Corridor.
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Starts jump nearly 30% YOY for buildings with 5 or more units
With tariffs looming, permits for those apartments rose slightly, while deliveries and properties under construction fell year over year.
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DEALS + STARTS
Gateway Jax starts second apartment project in $750M mixed-use district
425 Beaver Street will add 286 units to Pearl Square, a nine-block section of downtown Jacksonville, Florida.
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https://www.gettyimages.com/detail/photo/stock-exchange-sign-royalty-free-image/157338910?phrase=wall%20street&adppopup=true via Getty ImagesREIT Report
AvalonBay braces for signs of trouble in DC rental market
CEO Ben Schall also said the softness in the REIT’s expansion markets could provide opportunities to add assets.
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Construction costs dip, but tariffs hike some materials’ prices
Inputs declined overall in April due to falling energy prices, but steel and copper rose significantly while nonresidential costs continued their upward march.
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EXECUTIVE MOVES
Portman names new VP of development in Texas
Katie Tolson will support the company’s multifamily and mixed-use expansion across the state.
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DEALS + STARTS
RADCO launches value-add brand with 615-unit apartment buy
With the purchase of Legacy at Riverdale, the Atlanta-based firm makes its first acquisition of this cycle.
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EXECUTIVE MOVES
Hilltop Residential launches multifamily development division
The investment and management firm has brought on Eric Overton to manage its new operating arm.
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REIT Report
UDR boosts retention in Q1
The REIT posted a 97.2% occupancy rate, 40 basis points above Q4 2024.
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PROJECT SPOTLIGHT
Lendlease puts finishing touches on $316M LA apartments
The Habitat Residences is one of the developer’s last two multifamily projects underway in the U.S.
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CMBS delinquencies for apartments reach highest point since 2015
The rate has risen 524 basis points over the past 12 months, according to Trepp.
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Moderate apartment rent growth continues amid economic uncertainty
While year-over-year rent gains are on the decline, solid demand has buoyed the market’s performance, according to Yardi Matrix.
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Washington governor signs rent control into law
The new measure sets a 7% plus interest limit on rent increases, capped at 10%.
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REIT Report
Virginia leads the way for MAA
The Memphis-based REIT has seen turnover improve, but new lease rates are still declining year over year.
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How investors are closing deals despite Treasury volatility
In this environment, success depends on “disciplined underwriting, aggressive stress testing and staying flexible,” according to an executive.
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Trump proposes cutting $33B in HUD funding, including Section 8
The budget proposal prioritizes state-based grants over federal aid, and would include a two-year cap on rental assistance for adults without disabilities.
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DEALS + STARTS
CAPREIT acquires 2 Maryland properties
The North Bethesda, Maryland-based firm has dedicated $5 million toward upgrades, which will include a refresh of building exteriors, amenities and common areas.
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International multifamily investors undeterred by US trade turbulence
While a majority of foreign financiers have a negative outlook for U.S. property, 44% still plan to grow their holdings in 2025, according to a new report.
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REIT Report
Essex sees new lease rents turn positive
Despite its strong first quarter, the West Coast REIT didn’t raise guidance, citing economic uncertainty.