Capital
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Permission granted by Harrison Street
Q&AHarrison Street remains bullish on student housing
The sector is stable and not directly tied to the performance of the overall economy, according to head of asset management Ben Mohns.
By Leslie Shaver • Jan. 17, 2025 -
Permission granted by Continental Properties
New FundsContinental Properties closes $210M development vehicle
CEO Jim Schloemer says the money will fund 14 to 16 properties totaling $1 billion in suburban locations.
By Leslie Shaver • Jan. 14, 2025 -
Explore the Trendline➔
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TrendlineTop 5 stories from Multifamily Dive
A roundup of some of Multifamily Dive’s top stories of 2024.
By Multifamily Dive staff -
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Aimco opens the door for sale or merger
The REIT’s board of directors has decided to explore alternatives to “unlock and maximize shareholder value.”
By Leslie Shaver • Jan. 13, 2025 -
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2025 Outlook3 reasons deal flow will increase in 2025
With capital waiting and new assets hitting the market, transactions should get a boost this year.
By Leslie Shaver • Jan. 13, 2025 -
Permission granted by Candela
DEALS + STARTSCityview acquires Los Angeles property for a reported $36M
The California-based firm bought Candela at a price “significantly below replacement cost,” according to CEO Sean Burton.
By Leslie Shaver • Jan. 9, 2025 -
Permission granted by CP Capital
DEALS + STARTSCP Capital makes Boston-area deal
In the just-announced transaction, the New York City-based real estate investment manager sold Hathon, a 190-unit apartment community in Medway, Massachusetts.
By Leslie Shaver • Jan. 6, 2025 -
Permission granted by CF Capital
DEALS + STARTSCF Capital buys 314 Indy units for $50M
The firm assumed in-place Freddie Mac financing to purchase the partially renovated Island Club Apartments, where it plans to invest $2.8 million in upgrades.
By Leslie Shaver • Jan. 2, 2025 -
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Starts fall dramatically
Completions rose 13.6% year over year, markedly lower than the 61% YOY increase in October, while permits jumped.
By Leslie Shaver • Jan. 2, 2025 -
Sundry Photography via Getty Images
MSCI: Apartment sales jump 40%
Buoyed by Blackstone’s purchase of AIR in June, 2024 apartment sales exceeded 2023’s totals.
By Leslie Shaver • Dec. 19, 2024 -
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Investcorp acquires 4 student assets for $300M
The properties, which encompass more than 2,500 beds, are located at major schools in Texas, Kentucky and Oklahoma.
By Leslie Shaver • Dec. 19, 2024 -
Permission granted by Walker & Dunlop
Mesirow makes $185M San Diego acquisition
The purchase of the 410-unit Preserve at Melrose is the area’s second-largest deal of the year.
By Leslie Shaver • Dec. 18, 2024 -
Colleen Michaels via Getty Images
Canyon raises $1.2B investment vehicle
CRED III will target real estate debt investments and real estate credit securities across the U.S.
By Leslie Shaver • Dec. 13, 2024 -
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508-unit NYC building likely to head to servicing
The property, 180 Water St., has a $265 million loan that originated in 2019 and an additional $100 million in mezzanine debt.
By Leslie Shaver • Dec. 10, 2024 -
Permission granted by TF Cornerstone
Dune, TF Cornerstone create $1B conversion venture
The firms formed Alta Residential, which will convert office buildings to residential uses in cities with high barriers to entry.
By Leslie Shaver • Dec. 9, 2024 -
Permission granted by Hudson Valley Property Group
Hudson Valley Property Group acquires 22-property portfolio
The firm purchased the 4,768 units, located in Washington, Colorado, California and Idaho, from Inland Group.
By Leslie Shaver • Dec. 9, 2024 -
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REITs struggle with new lease rents
Although growth was tepid in the third quarter, there are signs that new deliveries are declining and demand is holding up.
By Leslie Shaver • Dec. 5, 2024 -
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Brookfield buys $845M portfolio from Blackstone
The firm purchased eight properties totaling more than 4,000 units from Blackstone Real Estate Income Trust.
By Leslie Shaver • Dec. 3, 2024 -
Courtesy of Knightvest Capital
DEALS + STARTSKnightvest lands 3 Texas deals
The firm continues to buy as it works out extensions with lenders on properties bought in 2021 and 2022.
By Leslie Shaver • Dec. 2, 2024 -
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AVB raises NOI guidance
The Virginia-based REIT expects to see a reacceleration of asking rents in Q4, compared to softer comps in 2023.
By Leslie Shaver • Nov. 25, 2024 -
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MSCI: Cap rates rise 20 bps this year
Apartment sales volume increased 18% YOY in October, while prices fell 6.1%.
By Leslie Shaver • Nov. 25, 2024 -
Sundry Photography via Getty Images
Apartment completions jump 61% YOY
Starts dropped 12% year over year as new multifamily development continues to cool.
By Leslie Shaver • Nov. 25, 2024 -
Courtesy of Fannie Mae
FHFA announces higher caps for Freddie, Fannie
The announcement comes as questions surround the future of GSEs under the incoming Trump administration.
By Leslie Shaver • Nov. 21, 2024 -
franckreporter via Getty Images
REIT ReportCamden reduces revenue guidance
New supply and the removal of non-paying tenants were headwinds for the Houston-based REIT in the third quarter.
By Leslie Shaver • Nov. 20, 2024 -
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Multifamily inches down to $14.2B in distress
Despite a staggering amount of troubled properties, a number of reports point to an improving landscape.
By Leslie Shaver • Nov. 19, 2024 -
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How centralization is shaping the apartment industry
Changes in maintenance, administration and staffing are in the works as management firms move jobs off-site.
By Leslie Shaver • Nov. 15, 2024
