Capital: Page 11
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DEALS + STARTS
Universe Holdings enters Tampa with $66M purchase
The Los Angeles-based firm bought Pearce at Pavilion in a transaction where it assumed the Fannie Mae loan.
By Leslie Shaver • Feb. 9, 2024 -
REIT Report
EQR sees renewal rents above 5%
The REIT expects to see costs fall in 2024, including those from payroll, maintenance and repair.
By Leslie Shaver • Feb. 7, 2024 -
4 takeaways from the NMHC conference
The association’s packed event in San Diego last week featured lots of commentary about housing supply.
By Leslie Shaver • Feb. 6, 2024 -
MSCI: Apartment sales drop 61%
Pricing fell 8.4% in 2023, and cap rates rose for garden and mid- and high-rise properties.
By Leslie Shaver • Feb. 5, 2024 -
DEALS + STARTS
Standard secures off-market deal in Chicago suburbs
The company bought the 416-unit workforce asset in Naperville from Pensam Capital.
By Leslie Shaver • Feb. 2, 2024 -
DEALS + STARTS
JPI partners with Kroger for a project in Lewisville, Texas
In another deal, the developer will build a workforce project in Ft. Worth.
By Leslie Shaver • Jan. 31, 2024 -
Fitch: Multifamily CMBS delinquencies to double in 2024
Heightened levels of new supply, slowing revenue growth and higher expenses will challenge apartments.
By Leslie Shaver • Jan. 29, 2024 -
What apartment leaders need to know for 2024
It’s anyone’s guess what will happen in the next 12 months, but these insights from multifamily pros can help bring the year into focus.
By Multifamily Dive Staff • Jan. 26, 2024 -
DEALS + STARTS
How an exchange buyer secured the largest deal of 2023 in California’s Central Valley
Sellers Osso Capital and Graceada Partners hit their targeted returns at The Edge at Lakewood in Modesto.
By Leslie Shaver • Jan. 25, 2024 -
2024 OUTLOOK
5 predictions for apartment development in 2024
As starts fall, labor and land will be impacted.
By Leslie Shaver • Jan. 24, 2024 -
Apartment starts fall 9.5%
Permits for apartments in buildings with five or more units dropped 26.6% in December, showing the continued obstacles developers face with financing.
By Leslie Shaver • Jan. 23, 2024 -
2024 OUTLOOK
Where rents will go in 2024
New supply and concessions will be the headline stories in apartment markets this year.
By Leslie Shaver • Jan. 17, 2024 -
Q&A
The evolution of build to rent
As he embarks on a new role as CEO of ARK Homes For Rent, John Isakson sees an opportunity to define the BTR sector.
By Leslie Shaver • Jan. 16, 2024 -
2024 OUTLOOK
Will 2024 see more apartment deals?
Falling rates and still-stressed owners could put more properties on the market this year.
By Leslie Shaver • Jan. 12, 2024 -
28 NYC properties head to foreclosure
Emerald Equity Group owns the workforce assets, which contain 747 units in multiple neighborhoods in the Bronx.
By Leslie Shaver • Jan. 10, 2024 -
Q&A
Despite current turbulence, this investor sees hope in Texas
StarPoint Properties executive lays out three types of buying opportunities for the year ahead.
By Leslie Shaver • Jan. 9, 2024 -
2024 OUTLOOK
4 multifamily trends to watch in 2024
Apartment operators will see new supply temper rent growth this year, among other challenges.
By Leslie Shaver • Jan. 9, 2024 -
DEALS + STARTS
Eagle closes $325M value-add fund
The Miami-based owner partnered with Promecap to target apartments in the Sun Belt.
By Leslie Shaver • Jan. 5, 2024 -
DEALS + STARTS
December deals: 2023’s last-minute apartment transactions
Here’s a roundup of the largest sales that occurred at the tail end of last year.
By Jennifer Goodman • Jan. 3, 2024 -
MSCI: Apartment sales fall to $5.1B
Multifamily transactions declined 68% year over year, while prices dropped 12.1%.
By Leslie Shaver • Jan. 3, 2024 -
Apartment starts drop 33%
While multifamily developers struggle to get funding, single-family builders see a temporary resurgence.
By Leslie Shaver • Jan. 2, 2024 -
US regulators flag commercial real estate as a leading risk in 2024
“Signs of stress emerged in 2023, and the market outlook is challenging” for commercial real estate, according to the Financial Stability Oversight Council.
By Jim Tyson • Dec. 21, 2023 -
DEALS + STARTS
EQR acquires 2 Atlanta-area properties for $179.7M
The REIT bought a brand-new apartment community in Suwanee, Georgia, and a 2019 asset in Decatur.
By Leslie Shaver • Dec. 21, 2023 -
Multifamily debt tops $2 trillion
CMBS providers have a smaller share of apartment loans, according to a new report.
By Leslie Shaver • Dec. 20, 2023 -
8 of 2023’s top deals
Sumitomo Forestry America’s acquisition of the operating platform of apartment developer JPI stood out in a slow year, ranking as one of the biggest transactions in the last 12 months.
By Leslie Shaver • Dec. 20, 2023