Capital

  • Corner of mid-rise brick apartment with street in the foreground.
    Image attribution tooltip
    Courtesy of Morgan Properties
    Image attribution tooltip
    DEALS + STARTS

    $501M portfolio deal pushes Morgan past 100,000 units

    The Pennsylvania-based firm acquired 3,054 apartments from Trilogy Real Estate Group across eight Midwestern states.

    By • April 8, 2025
  • An aerial view of the downtown skyline and surrounding metropolitan area of Houston.
    Image attribution tooltip
    Art Wager via Getty Images
    Image attribution tooltip

    2 Houston properties face issues

    One asset’s value declined 56% after damage from a windstorm and Hurricane Beryl.

    By • April 7, 2025
  • Aerial picture of wood0frames apartments under construction.
    Image attribution tooltip
    Bilanol via Getty Images
    Image attribution tooltip

    REITs ready to ramp up development despite tariff risks

    Although the Trump administration’s policies are creating uncertainty, many of multifamily’s biggest public companies see an opportunity to start construction.

    By • April 4, 2025
  • Grass and shrubbery between two rows of older brown apartments
    Image attribution tooltip
    Permission granted by Sunstone Two Tree
    Image attribution tooltip
    DEALS + STARTS

    Sunstone Two Tree enters San Diego

    The California-based firm bought Terraza Hills, a property built in 1976 and still in its original condition, for $45 million.

    By • April 2, 2025
  • Aerial shot of tall, glass apartment building next to busy highway.
    Image attribution tooltip
    Permission granted by McCourt Partners
    Image attribution tooltip
    Q&A

    McCourt’s ‘supercharged’ real estate efforts pay off

    Frank McCourt and his company may have sold the Dodgers, but the firm still has high hopes for Los Angeles.

    By • April 1, 2025
  • Three-story brick and tan apartment building with grass in the foreground
    Image attribution tooltip
    Permission granted by Fogelman Properties
    Image attribution tooltip
    DEALS + STARTS

    Fogelman grabs Houston-area property

    The Memphis-based firm acquired Advenir at Eagle Creek in Humble, Texas, and rebranded the asset as The Fenwick.

    By • March 31, 2025
  • Brick apartment property with trees in foreground.
    Image attribution tooltip
    Courtesy of PR Newswire
    Image attribution tooltip
    New Funds

    The Bascom Group launches fund targeting $500M in acquisitions

    The new Rule 506(c) fund is geared toward value-add and distressed apartment acquisitions.

    By • March 28, 2025
  • Older brick mid-rise apartment in urban setting
    Image attribution tooltip
    LeoPatrizi via Getty Images
    Image attribution tooltip

    Apartment sales increase 7% to $7.5B

    Cap rates rose 20 basis points compared to February 2024, averaging 5.6% for the month.

    By • March 27, 2025
  • A rendering of a mid-rise apartment building.
    Image attribution tooltip
    Permission granted by Baron Property Group
    Image attribution tooltip

    Deals + Starts: March 2025

    Firms including Hamilton Zanze, RangeWater and Cordish Cos. made news in recent months.

    By Multifamily Dive Staff • March 27, 2025
  • A brick apartment building.
    Image attribution tooltip

    Google Maps

    Image attribution tooltip

    Canton, Ohio, sues developer for $6M over unpaid loan

    The city alleges that Historic Hercules LLC and its associated developers have not made payments on a $2 million loan in six years.

    By • March 26, 2025
  • A pool deck at an apartment building.
    Image attribution tooltip
    Permission granted by The Bainbridge Cos.
    Image attribution tooltip

    Why Bainbridge decided to launch its first fund

    The firm expects to raise $250 million to acquire 1990s and newer apartments at discounts to replacement cost in the Sun Belt and mid-Atlantic markets.

    By • March 25, 2025
  • piece of paper saying insurance policy
    Image attribution tooltip
    Mohamad Faizal Bin Ramli via Getty Images
    Image attribution tooltip

    New survey highlights insurance challenges for areas beyond the coasts

    The Federal Reserve Bank of Minneapolis report shows that premiums rose 45% from 2023 to 2024 for apartment owners in the Upper Midwest.

    By • March 25, 2025
  • Brick apartment property
    Image attribution tooltip
    Permission granted by Clear Investment Group
    Image attribution tooltip
    New Funds

    Clear targets $300M for affordable housing

    The Chicago firm wants to acquire distressed workforce housing in secondary and tertiary markets around the country.

    By • March 24, 2025
  • white apartments with tress and gravel in the foreground
    Image attribution tooltip
    Retrieved from Avanti Residetial.
    Image attribution tooltip

    Avanti adds development arm

    The Denver-based firm is bringing in D.R. Horton and Wood Partners vet Kyle Henderson to head up the new venture.

    By • March 21, 2025
  • Horizontal shot of a wood-framed apartment complex under construction.
    Image attribution tooltip
    WendellandCarolyn via Getty Images
    Image attribution tooltip

    Apartment completions fall

    Multifamily starts rose month over month in February, while single-family hit a 12-month high.

    By • March 21, 2025
  • Three-story apartment building with grass and trees in the foreground.
    Image attribution tooltip
    Permission granted by RangeWater Real Estate
    Image attribution tooltip
    DEALS + STARTS

    RangeWater acquires DFW property

    In a challenging environment for transactions, the firm found an off-market property to add to its Texas portfolio.

    By • March 18, 2025
  • Photo looking up at a high rise building
    Image attribution tooltip
    Retrieved from Screenshot: Google Maps.
    Image attribution tooltip

    Chasen’s Baltimore conversion hits the market

    The developer planned to turn the historic One Calvert Plaza into apartments before facing financial difficulties.

    By • March 17, 2025
  • Three-story brick apartments with a pool in the foreground.
    Image attribution tooltip
    Permission granted by RR Living
    Image attribution tooltip
    Q&A

    How Melanie French turns around distressed properties

    The CEO of Dallas-based property management firm RR Living puts additional resources into troubled assets to boost their occupancy.

    By • March 13, 2025
  • Paper foreclosure notice taped to the glass front door of a home
    Image attribution tooltip
    Jeremy Poland via Getty Images
    Image attribution tooltip

    Multifamily distress rises slightly in February

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

    By • March 12, 2025
  • Pool surrounded by older apartment building
    Image attribution tooltip
    Permission granted by Neighborhood Ventures
    Image attribution tooltip
    DEALS + STARTS

    Neighborhood Ventures makes 2 distressed acquisitions

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

    By • March 12, 2025
  • A candlestick stock chart is seen out of focus against a background of $100 dollar bills in this composite stock image.
    Image attribution tooltip
    Honglouwawa via Getty Images
    Image attribution tooltip
    New Funds

    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.

    By • March 7, 2025
  • A professional headshot of Ash Baraghoush.
    Image attribution tooltip
    Permission granted by TruAmerica Multifamily
    Image attribution tooltip
    EXECUTIVE MOVES

    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.

    By • March 7, 2025
  • Wall Street buildings
    Image attribution tooltip
    Getty Images via Getty Images
    Image attribution tooltip

    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.

    By • March 6, 2025
  • Three story apartments with a pool in the foreground
    Image attribution tooltip
    Permission granted by Hamilton Zanze
    Image attribution tooltip
    DEALS + STARTS

    Hamilton Zanze acquires Washington property from Starwood

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

    By • March 5, 2025
  • Image of stock highs and lows
    Image attribution tooltip
    Igor Kutyaev via Getty Images
    Image attribution tooltip

    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.

    By • March 4, 2025