Capital


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    Sustainability is a ‘differentiator’ for multifamily developers

    With regulations and incentives now widespread, experts encourage looking at energy-efficient features with an entrepreneurial lens.

    By May 23, 2024
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    REITs beat expectations in Q1

    Strong occupancy and resident retention set the stage for outperformance.

    By May 23, 2024
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    Trendline

    Top 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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    Apartment starts continue to drop

    Permits also fell during April, while completions rose 18%.

    By May 22, 2024
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    Permission granted by Harbor Group International
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    Q&A

    Harbor Group eyes more buys

    The nation’s No. 19 apartment owner thinks the window is open to acquire newly built assets.

    By May 21, 2024
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    lucky-photographer via Getty Images
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    REIT Report

    Renewal and new lease rates diverge for MAA

    The REIT’s existing residents paid 5% more YOY in Q1, but supply pushed new rents down 6.2%.

    By May 20, 2024
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    Trepp: Servicing rate passes 5% for first time in 7 years

    Apartment distress also jumped in April, according to Cred iQ.

    By May 17, 2024
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    heyengel via Getty Images
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    Another massive San Fran portfolio heading back to its lender

    Goldman Sachs and Ballast Investments are expected to hand 1,200 apartments to RBC Real Estate Capital Corp.

    By May 16, 2024
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    REIT Report

    Camden sees favorable trends in insurance, taxes and bad debt

    Although supply remains a problem, demand is durable in the REIT’s markets.

    By May 15, 2024
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    Permission granted by Bell Partners
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    DEALS + STARTS

    Bell buys 492-unit property in Southern California for $146M

    The addition of Bell Murrieta Springs gives the owner and operator 11 properties in the region.

    By May 15, 2024
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    REIT Report

    UDR plans to back off of high occupancy to boost rents

    Despite solid results, the REIT isn’t raising its full-year guidance.

    By May 13, 2024
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    Permission granted by American Landmark
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    DEALS + STARTS

    American Landmark grabs a 444-unit deal in Tampa

    The apartment owner was able to secure lower insurance than its competitors, which helped it purchase the waterfront property.

    By May 13, 2024
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    Essex assumes ownership of California asset

    The REIT had provided a $14.7 million preferred investment in the 75-unit community in Sunnyvale.

    By May 9, 2024
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    lucky-photographer via Getty Images
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    REIT Report

    Essex raises revenue guidance

    Improvement in delinquencies helped power the REIT’s better-than-expected first-quarter numbers.

    By May 8, 2024
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    Permission granted by Bozzuto
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    DEALS + STARTS

    Bozzuto makes first acquisition in 16 years with Gables purchase

    With development becoming more difficult to underwrite, the company is focused on buying stabilized properties on the East Coast.

    By May 7, 2024
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    REIT Report

    AVB beats estimates, raises guidance

    Strong occupancy and low move-outs to buy homes gave the REIT pricing power into spring leasing season.

    By May 6, 2024
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    Permission granted by Carleton Cos.
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    Q&A

    Carleton Management Services’ new CEO sees a path for midsize firms

    As operators go through a period of consolidation, Tasha Krawiec says some owners prefer smaller firms.

    By May 6, 2024
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    MLG Capital uses unique approach to make $51M buy in Denver

    The Wisconsin-based firm bought Lowry North in a transaction that provided tax benefits to the seller.

    By May 3, 2024
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    franckreporter via Getty Images
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    REIT Report

    EQR continues trend of record-low turnover

    The REIT’s expenses rose only 1.3% thanks to lower maintenance and utility costs.

    By May 1, 2024
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    iStock/Getty via Getty Images
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    $1.5B San Francisco loan heads to servicing

    Maximus Real Estate Partners owns Parkmerced, a 3,221-unit housing complex in San Francisco.

    By April 30, 2024
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    Washington, DC, apartment building heads to auction

    Ranger Properties’ new 110-unit project in the Union Market neighborhood was recently foreclosed upon.

    By April 29, 2024
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    KKR buys student portfolio from Blackstone for $1.64B

    With this acquisition, University Partners will have more than 25,000 units under management.

    By April 26, 2024
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    Atlanta office conversion goes to foreclosure

    An affiliate of Plano, Texas-based Wolfe Investments took out a $20 million loan on 41 Marietta St. in July 2021.

    By April 24, 2024
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    Elena Alex photo via Getty Images
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    Multifamily deal volume drops 25%

    The apartment sector has posted year-over-year transaction declines for seven consecutive quarters.

    By April 23, 2024
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    Maudib via Getty Images
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    Apartment starts fall more than 43%

    Completions rose 4.6% as developers added more than 500,000 units in March.

    By April 23, 2024
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    Permission granted by Summit Contracting Group
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    Q&A

    The country’s top apartment builder says higher prices are here to stay

    Summit Contracting Group’s Marc Padgett sees business picking up, but says that construction costs remain stubborn.

    By April 19, 2024