Capital

  • Photo looking up at high rises and Wall Street sign.
    Image attribution tooltip
    franckreporter via Getty Images
    Image attribution tooltip
    REIT Report

    Camden reduces revenue guidance

    New supply and the removal of non-paying tenants were headwinds for the Houston-based REIT in the third quarter.

    By • Nov. 20, 2024
  • Home Foreclosure Sign
    Image attribution tooltip
    tntemerson via Getty Images
    Image attribution tooltip

    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 • Nov. 19, 2024
  • A block of apartment complexes Explore the Trendline➔
    Image attribution tooltip
    Arturo Rosenow via Getty Images
    Image attribution tooltip
    Trendline

    Top 5 stories from Multifamily Dive

    A roundup of some of Multifamily Dive’s top stories of 2024.

    By Multifamily Dive staff
  • Close-up on a woman monitoring all the rooms in her house with a home security system using a digital tablet.
    Image attribution tooltip
    Hispanolistic via Getty Images
    Image attribution tooltip

    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 • Nov. 15, 2024
  • Older brick apartment building
    Image attribution tooltip
    Permission granted by Lakeland Capital
    Image attribution tooltip

    Lakeland goes off-market to buy Massachusetts property

    The firm secured 135 Main Street through a previous relationship and plans value-add upgrades at the asset.

    By • Nov. 15, 2024
  • Tan and brick apartment building with a pool in the foreground.
    Image attribution tooltip
    Permission granted by Archway Equities
    Image attribution tooltip
    DEALS + STARTS

    Archway grabs deal for 30% discount in Dallas

    The California-based firm plans exterior and amenity upgrades at the Coronado Apartment Homes.

    By • Nov. 14, 2024
  • Modern multi-colored apartment building
    Image attribution tooltip
    Permission granted by Harrison Street
    Image attribution tooltip

    Harrison Street sells student portfolio for $893M

    The Scion Group and a major institutional investor bought the 14 communities totaling 8,724 beds.

    By • Nov. 13, 2024
  • Two vehicles travel down a flooded roadway in Punta Gorda, Florida.
    Image attribution tooltip
    Joe Raedle via Getty Images
    Image attribution tooltip

    Insurance costs soften but higher premiums are on the horizon

    Costs have moderated after huge jumps in previous years, according to multifamily executives and insurance experts.

    By • Nov. 13, 2024
  • A man walks by the New York Stock Exchange (NYSE) in New York City.
    Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip
    REIT Report

    MAA: Deliveries peaked in Q3

    The Memphis-based REIT saw new apartment openings taper off in its markets.

    By • Nov. 11, 2024
  • Brick and tan apartments
    Image attribution tooltip
    Permission granted by Standard Communities
    Image attribution tooltip

    Standard Communities acquires $1B portfolio

    The firm plans to invest over $30 million in capital improvements and deferred maintenance across the 6,000 units in more than 60 communities.

    By • Nov. 8, 2024
  • The words Federal Reserve engraved in a marble building with an eagle above.
    Image attribution tooltip
    Douglas Rissing via Getty Images
    Image attribution tooltip

    Fed cuts rates by 25 bps

    Treasuries jumped after the September rate reduction and again since the presidential election was called.

    By • Nov. 7, 2024
  • Wall Street sign with U.S. flags in background
    Image attribution tooltip
    lucky-photographer via Getty Images
    Image attribution tooltip
    REIT Report

    Essex sees strength in Seattle

    The California-based REIT’s same-store revenue growth helped it beat guidance in Q3.

    By • Nov. 7, 2024
  • Silicon Valley as viewed from Hunter's Point in Fremont Older Open Space Preserve. The cities of San Jose, Santa Clara, Sunnyvale, and Cupertino are visible.
    Image attribution tooltip
    Bill-Dally via Getty Images
    Image attribution tooltip

    West Coast cap rates fall

    Demand for well-located properties is rising, but inventory remains low.

    By • Nov. 4, 2024
  • The United States, Capitol Dome background in retro style
    Image attribution tooltip
    YayaErnst via Getty Images
    Image attribution tooltip

    Senators question KKR’s acquisition of 5,200 units

    The lawmakers, including Sen. Elizabeth Warren, scrutinized the deal’s potential to “exacerbate rising rent costs in regions across the United States.”

    By • Nov. 1, 2024
  • Large amount of US dollars isolated on a black background.
    Image attribution tooltip
    alfexe via Getty Images
    Image attribution tooltip

    PGIM, Citymark enter JV to buy debt

    The firms will target both performing and non-performing loans.

    By • Oct. 31, 2024
  • The Sydney, Australia, skyline.
    Image attribution tooltip
    Mlenny via Getty Images
    Image attribution tooltip
    DEALS + STARTS

    Greystar reportedly in talks to buy $1.1B Australian student housing portfolio

    If finalized, the transaction would include seven properties with a total of 5,662 beds across five cities.

    By • Oct. 29, 2024
  • Tan and brown brick apartment building with balconies
    Image attribution tooltip
    elxeneize via Getty Images
    Image attribution tooltip

    MSCI: Apartment sales volume increases for second consecutive quarter

    Prices fell 6.3% year over year in Q3, but the pace of decline is moderating.

    By • Oct. 28, 2024
  • Tan three-story apartments with palm tree in the foreground
    Image attribution tooltip
    Permission granted by Lion Real Estate Group
    Image attribution tooltip
    DEALS + STARTS

    Lion Real Estate Group nabs off-market deal in Houston

    The investment firm saw an opportunity to secure a 25-year-old property at a good yield.

    By • Oct. 25, 2024
  • Aerial view of multi-colored apartment property
    Image attribution tooltip
    Permission granted by Resia
    Image attribution tooltip

    Resia sells, retains management of Florida property

    Kayne Anderson Real Estate bought Resia Old Cutler from the Miami-based firm using Fannie Mae debt.

    By • Oct. 24, 2024
  • Building with street and cars in the foreground
    Image attribution tooltip
    The image by Lomofan77 is licensed under CC BY-SA 4.0
    Image attribution tooltip

    Historic Philadelphia building goes into servicing

    The Brush Factory Lofts, which sits in a neighborhood where rents are falling, saw its loan hit 90 days’ delinquent in August.

    By • Oct. 23, 2024
  • An apartment building under construction.
    Image attribution tooltip
    CHUNYIP WONG via Getty Images
    Image attribution tooltip

    Apartment completions jump 42% YOY

    September apartment starts fell 15% from a year ago, while units under construction dropped 17%.

    By • Oct. 21, 2024
  • White, high-rise apartment with palm trees and cars in the foreground.
    Image attribution tooltip
    Permission granted by The Astor Companies
    Image attribution tooltip
    Q&A

    The challenges of building workforce housing

    Astor Cos. CEO Henry Torres is using the Live Local Act to add attainable rentals to his portfolio of luxury properties.

    By • Oct. 21, 2024
  • New, multi-colored, four-story apartment property, with a street in the foreground.
    Image attribution tooltip
    Permission granted by Forum Investment Group
    Image attribution tooltip

    Forum joins the preferred equity club

    The apartment owner recently closed a $226 million investment vehicle specializing in multifamily private credit.

    By • Oct. 16, 2024
  • Photo looking up at a high rise building
    Image attribution tooltip
    Retrieved from Screenshot: Google Maps.
    Image attribution tooltip

    Bank reportedly forecloses on Chasen’s office conversion in Baltimore

    The developer planned to turn the historic One Calvert Plaza into 173 apartments.

    By • Oct. 15, 2024
  • Brick, garden-style apartments
    Image attribution tooltip
    Permission granted by Eastham Capital
    Image attribution tooltip
    DEALS + STARTS

    Eastham, Mosaic buy 2 Houston properties

    The partners were able to acquire Amber Oaks and Park Place by emphasizing their ability to close deals.

    By • Oct. 11, 2024
  • Three-level apartment building with cars and parking lot in the foreground.
    Image attribution tooltip
    Permission granted by Blue Field Capital
    Image attribution tooltip
    Q&A

    How tech investors can avoid getting burned by multifamily

    Entrepreneur Zain Jaffer says an intense focus on IRR above all else can lead to problems.

    By • Oct. 10, 2024