JD Vance calls for zoning, regulation reform to improve housing affordability

Vice President JD Vance, speaking at the National League of Cities Congressional City Conference, also blamed immigrants for competing with U.S. citizens for housing.

Multifamily distress rises slightly in February

CMBS delinquencies for apartments dropped during the month as the overall picture for CRE improved.

Neighborhood Ventures makes 2 distressed acquisitions

The crowdfunding firm bought the properties in its hometown of Phoenix.

How DOGE will impact Washington, DC-area apartment owners

Cuts to the federal workforce have multifamily pros wondering about potential effects on one of the country's hottest markets.

Wisconsin student property takes a sophisticated approach

Chapter Madison, built on a narrow lot under strict design restrictions, is 100% leased for its first year.

NAA, NMHC ask Trump to review housing regulations

The organizations have asked 10 federal agencies to evaluate, rescind or revise rules that affect the multifamily industry.

Frank Cowling to retire from SL Nusbaum after 40 years

Maggie Spillane will assume Cowling’s role and management of a $500 million apartment and shopping center portfolio.

Fairfield closes its $1.47B value-add vehicle

The firm exceeded its $1 billion goal for the fund, which will target multifamily assets in more than 30 major metros nationwide.

TruAmerica Multifamily moves into structured finance

The investor has launched a new vertical and brought in Ash Baraghoush, formerly of Pacific Urban, to lead the initiative.

HUD cancels Section 4 contracts at affordable housing orgs

The department reportedly intends to move grant distribution for smaller companies away from intermediaries.

Apartment REITs predict improvements in 2025

As new apartment deliveries slow in the second half of the year, multifamily's biggest public companies see the opportunity for rent gains.

Hamilton Zanze acquires Washington property from Starwood

Mission Rock Residential will manage the asset, which is situated 11 miles north of Portland, Oregon.

Canceled mixed-use project leaves enormous hole in West Hollywood

Developer Charles Co. will need six to nine months and 27,000 dump trucks of dirt to fill in the excavated site.

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.

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.

Multifamily firms announce hirings, promotions

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

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.

Apartment sales rise for the first January in 3 years

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

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.

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

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.

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.

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.

Apartment starts, permits tick up YOY

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

February 2025 roundup: New multifamily products

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