Capital
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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 Leslie Shaver • Nov. 1, 2024 -
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PGIM, Citymark enter JV to buy debt
The firms will target both performing and non-performing loans.
By Leslie Shaver • Oct. 31, 2024 -
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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DEALS + STARTSGreystar 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 Mary Salmonsen • Oct. 29, 2024 -
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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 Leslie Shaver • Oct. 28, 2024 -
Permission granted by Lion Real Estate Group
DEALS + STARTSLion 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 Leslie Shaver • Oct. 25, 2024 -
Permission granted by Resia
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 Leslie Shaver • Oct. 24, 2024 -
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 Leslie Shaver • Oct. 23, 2024 -
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Apartment completions jump 42% YOY
September apartment starts fell 15% from a year ago, while units under construction dropped 17%.
By Leslie Shaver • Oct. 21, 2024 -
Permission granted by The Astor Companies
Q&AThe 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 Leslie Shaver • Oct. 21, 2024 -
Permission granted by Forum Investment Group
Forum joins the preferred equity club
The apartment owner recently closed a $226 million investment vehicle specializing in multifamily private credit.
By Leslie Shaver • Oct. 16, 2024 -
Retrieved from Screenshot: Google Maps.
Bank reportedly forecloses on Chasen’s office conversion in Baltimore
The developer planned to turn the historic One Calvert Plaza into 173 apartments.
By Leslie Shaver • Oct. 15, 2024 -
Permission granted by Eastham Capital
DEALS + STARTSEastham, Mosaic buy 2 Houston properties
The partners were able to acquire Amber Oaks and Park Place by emphasizing their ability to close deals.
By Leslie Shaver • Oct. 11, 2024 -
Permission granted by Blue Field Capital
Q&AHow 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 Leslie Shaver • Oct. 10, 2024 -
Retrieved from Screenshot: Google Maps.
Bank forecloses on Chasen’s office conversion in Baltimore
The developer planned to turn the historic One Calvert Plaza into 173 apartments.
By Leslie Shaver • Oct. 9, 2024 -
Permission granted by GPI Companies
DEALS + STARTSGPI makes acquisition in West Hollywood
The purchase of the Lofts at NoHo Commons is only one recent move from the firm as it ramps up activity in its hometown.
By Leslie Shaver • Oct. 7, 2024 -
Permission granted by JRK Holdings
Inside JRK’s recent buying spree
As buyers have begun to capitulate on price and the credit markets have improved, the Los Angeles–based firm found an opening to buy class A properties.
By Leslie Shaver • Oct. 7, 2024 -
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MSCI: GSE volume declined in first half of 2024
Investor-driven and CMBS lenders posted huge gains in the first six months of the year, as the debt market looks to be more competitive.
By Leslie Shaver • Oct. 4, 2024 -
Retrieved from Apartments.com.
Harbor Group reportedly assumes ownership of troubled 623-unit Atlanta property
The Lofts at Twenty25 suffered from low occupancy after a massive renovation, according to Bisnow.
By Leslie Shaver • Oct. 3, 2024 -
Courtesy of The Dermot Company
DEALS + STARTSThe Dermot Co. grabs unique opportunity in Florida
The New York City-based firm recently purchased a 350-unit property in Wellington for a reported $144 million.
By Leslie Shaver • Oct. 2, 2024 -
Permission granted by Cortland
Q&ACortland’s director of investments on Declaration Partners Real Estate deal
Jason Kern explains how his company will be able to use its existing platform to offer preferred debt in partnership with the David Rubenstein-backed investment firm.
By Leslie Shaver • Oct. 1, 2024 -
The image by Ken Lunch is licensed under CC BY-SA 2.0
Loan for once-iconic Detroit tower goes delinquent
Riverfront Towers, once home to Rosa Parks and Aretha Franklin, was plagued by flooding, insurance costs and evictions.
By Leslie Shaver • Sept. 30, 2024 -
Elena Alex photo via Getty Images
MSCI: Multifamily prices rise for the first time since July 2022
Sales volume dropped 9% YOY to $9.9 billion in August.
By Leslie Shaver • Sept. 26, 2024 -
Retrieved from RentCafe.
7-property portfolio heads to servicing amid insurance troubles
Wisconsin-based Trinity Flood was the sponsor of the properties in Illinois, Georgia and Arizona.
By Leslie Shaver • Sept. 25, 2024 -
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NAHB: Apartment completion time flat in 2023
The construction cycle rose 3.5 days in 2023 after jumping 2.3 months in 2022.
By Leslie Shaver • Sept. 23, 2024 -
Permission granted by Walker & Dunlop
DEALS + STARTSTimberlane Partners pays $40.5M for Denver deal
The Seattle-based firm faced competition to secure the property, where it plans a light renovation.
By Leslie Shaver • Sept. 20, 2024
