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.

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.

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.

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.

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.

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.

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.

Clark makes headway on first affordable housing project in Tysons, Virginia

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

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.

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.

AIR sued by former tenant alleging illegal security deposit deductions

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

$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.

How centralization changes employees’ career paths

Companies like Equity Residential are placing a greater focus on competencies that can apply across roles.

RealPage breaks silence on antitrust allegations

Amid dozens of lawsuits and a DOJ investigation, the company issued a statement to correct what it said are factual inaccuracies around its revenue management software.

Apartment starts plummet 52%

Completions for buildings with five or more units rose only 0.8% in May as investors eyed new buildings.

Minnesota adopts state-level fee restrictions

A dozen states have passed or are considering bills related to junk fees this year, including several in California.

Justice Department files suit against Toll Brothers

The DOJ has alleged accessibility-related Fair Housing Act violations at multiple properties constructed by the builder.

Rent control, antitrust issues are apartment pros’ top legal, regulatory concerns

The multifamily industry is facing increased scrutiny in courts, Congress and the White House, according to panelists at the recent Apartmentalize Conference.

Updated June 25, 2024

Growing Charleston, South Carolina-based firm enters Georgia, making its largest deal to date

Matheson Capital purchased the 248-unit Residences at St. George in Savannah — its 14th acquisition as the lead sponsor.

Merchant Building to add 174 units to downtown Columbus, Ohio

Gilbane is building the 32-story mixed-use structure, which is scheduled to open in 2026.

Inside a Dallas developer’s plan for 2,000 starts this year

The president of Leon Capital Group’s multifamily division sees an opportunity to deliver new apartments into rent growth.

Cain International, OKO Group start $5B mixed-use development in California

Turner Construction will lead site management on One Beverly Hills, which includes two condo towers and an Aman Group hotel.

Updated June 24, 2024

Palladius Capital Management grabs a student property in San Antonio

CEO Nitin Chexal explains why the firm has invested $170 million along the I-35 corridor over the last 12 months.

The most sought-after destinations for renters this spring

Select Midwest metros remain the most popular cities searched for by apartment hunters.

Trepp: Delinquencies increase again as servicing rate rises

There was $245 million in newly delinquent multifamily loans during the month of May, according to Trepp.