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 and Indianapolis.

    Updated Aug. 8, 2024
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    Jacob Wackerhausen via Getty Images
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    Centralization tips from the REITs

    With shared services spread among multiple communities, public companies like EQR, UDR and AvalonBay are leading the way.

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    Art Wager via Getty Images
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    Opportunities abound in California despite challenges for developers

    Amid hurdles posed by regulatory complexities and shifting market dynamics, many firms remain bullish about the Golden State’s multifamily outlook.

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    Permission granted by Kolter Urban
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    The largest multifamily starts of July 2024

    Nashville, Tennessee; Buffalo, New York; and Tampa, Florida, have seen the launch of new projects valued at over $250 million each.

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    Permission granted by Vero Sade
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    PROJECT SPOTLIGHT

    New Houston developer debuts first ground-up projects in San Antonio

    Vero Sade intends to expand its reach across the Sun Belt.

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    Hunter Pasteur Homes

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    Deals + Starts: Summer 2024

    Firms including Mill Creek, Greystar and Kushner made news in recent months.

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    Michael M. Santiago via Getty Images
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    Q&A

    Will New York City make landlords provide air conditioning?

    Coordinating any such mandate with the city's building decarbonization law requirements could reduce the burden it might create for building owners, climate chief Rohit Aggarwala explained.

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    Permission granted by Sinatra & Co.,
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    DEALS + STARTS

    Sinatra makes $64M Florida buy

    The Cocoa Grand is the Western New York firm’s fifth purchase in the Sunshine State.

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    Courtesy of Wilsonart
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    August 2024 roundup: New multifamily products

    Innovative surfaces and smart access control are among this month’s offerings.

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    nathaphat via Getty Images
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    RealPage lawyer says nonpublic information leads to lower rents

    On a call with reporters Monday, a company attorney said it aggregates and anonymizes data used in its pricing recommendations.

  • Window AC units in a large building from the outside.
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    Johan_Spinnell via Getty Images
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    Deep Dive

    An air conditioning law, the first in its region, changed tenants’ rights in this Maryland county

    Montgomery County began requiring landlords to provide AC in 2020 amid climate concerns and renter complaints. Despite a shaky start, officials say things are going smoothly now.

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    unkas_photo via Getty Images
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    Apartment starts increase monthly, but fall YOY

    Meanwhile, multifamily completions jumped 50% from last July and the number of units under construction dropped.

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    Permission granted by Ark Homes for Rent
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    EXECUTIVE MOVES

    Ark Homes for Rent brings in new CFO

    Wendy W. Gill will join the C-suite, while current CFO Gina Cabral will transition into another senior leadership position.

  • DOJ lawsuit against RealPage
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    Anna Moneymaker / Staff via Getty Images
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    DOJ files antitrust lawsuit against RealPage

    The attorneys general of several states joined the suit, which accuses the company of an “unlawful scheme to decrease competition among landlords.”

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    Sundry Photography via Getty Images
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    MSCI: Multifamily prices fall 8.4% YOY

    As values continued to stabilize, apartment sales dropped 11% during July.

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    Kent J. Edwards/Reuters

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    Deep Dive

    Should tenants have a right to cooling? More cities say yes amid record heat.

    As rental cooling standards pop up around the country, experts warn that they aren’t a perfect solution to the rising danger of scorching temperatures.

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    Permission granted by HP Investors
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    HP Investors separates from its affiliate

    Isaac Abid will serve as the general partner of the Northern California portfolio under his new venture, Lakeside Group.

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    Retrieved from Stone Martin Homes on August 22, 2024
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    Alabama home builder launches commercial division

    Stone Martin Commercial will work with developers on master-planned communities and small-scale projects.

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    Milenny via Getty Images
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    REIT Report

    3 things to know from Camden’s earnings call

    The Texas-based REIT still faces heavy supply in many markets, though demand remains strong.

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    Permission granted by Core Spaces
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    DEALS + STARTS

    Core Spaces underway on student housing in North Carolina

    Hub Raleigh is one of Core’s largest projects to date, increasing its portfolio by 5.5%.

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    Hispanolistic/Getty via Getty Images
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    The pros, cons of centralized maintenance

    Using service pods and technology tools can save money while boosting efficiency, but they’re not right for every operator.

  • The Colorado Capitol building.
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    4nadia via Getty Images
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    Colorado sees a wave of landlord-tenant rules

    Property owners have new laws to follow, including those focused on for-cause evictions, price stabilization in disasters and right of first refusal.

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    Andrey Semenov via Getty Images
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    Greystar expands into infrastructure development

    The nation’s largest multifamily owner is extending its reach into new sectors including transportation, power and data centers.

  • Low angle view of the Stock Exchange sign on the facade of the New York Stock Exchange on Wall street, Manhattan.
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    https://www.gettyimages.com/detail/photo/stock-exchange-sign-royalty-free-image/157338910?phrase=wall%20street&adppopup=true via Getty Images
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    REIT Report

    Bad debt not enough to weigh AVB down

    The Virginia-based REIT outperformed again in Q2 with an increase in same-store and development NOI.