Capital: Page 14
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Q&A
Florida developer says insurance costs could limit new housing supply
Factors like inflation, recent storms and even tort reform have led to a 30% premium increase.
By Leslie Shaver • June 20, 2023 -
Multifamily pros react to interest rate pause
Many apartment executives and brokers don’t expect to see a big impact after the Fed’s announcement.
By Leslie Shaver • June 16, 2023 -
Trendline
Top 5 stories from Multifamily Dive
A roundup of some of Multifamily Dive’s top stories of 2024.
By Multifamily Dive staff -
DEALS + STARTS
Three Pillars grabs ‘distressed sale’ in Houston
The former owner of the Chateaux Dijon Apartments, where President George W. Bush reportedly once lived, had a loan due in June.
By Leslie Shaver • June 15, 2023 -
Insurance Issues
How to curb budget-busting insurance increases
Working with brokers, managing risk and using self-insurance are some of the ways apartment owners can keep insurance premiums down.
By Leslie Shaver • June 13, 2023 -
S&P raises alarms on commercial real estate finance
Norfolk, Virginia-based Harbor Group recently refinanced a series of loans, but other owners won’t be that lucky.
By Leslie Shaver • June 12, 2023 -
Insurance Issues
Owners, developers sound off about higher insurance costs
Recent premium hikes have been painful for apartment owners of all sizes.
By Leslie Shaver • June 12, 2023 -
Q&A
Investment firm still sees availability for construction debt
Participant Capital Advisors is raising money for projects in Florida.
By Leslie Shaver • June 12, 2023 -
Public companies tackle debt
Camden has lowered its interest rate and will look to fix rates long term through an unsecured bond offering later this year.
By Leslie Shaver • June 8, 2023 -
Insurance Issues
Insurance costs are skyrocketing. Why?
Climate-related events aren’t the only thing pushing premiums to unprecedented levels for multifamily owners.
By Leslie Shaver • June 6, 2023 -
Single-family rental construction more active than ever
Social changes and high home prices are driving horizontal apartment demand.
By Mary Salmonsen • June 5, 2023 -
DEALS + STARTS
West Coast investor continues to build its workforce portfolio in the Midwest
With the purchase of a property outside of Cincinnati, Revitate Cherry Tree closes out the acquisitions from its first fund.
By Leslie Shaver • June 5, 2023 -
Q&A
Maryland SFR development catches on ‘like wildfire’ with active adults
Allen & Rocks moved into single-family rentals at two Brookfield communities, and it learned that a 55-and-over crowd will lease remotely.
By Leslie Shaver • June 2, 2023 -
DEALS + STARTS
Investor bets on risk-adjusted returns in California
In making the largest acquisition this year in Southern California, Archway Equities signals that it's looking for deals beyond the Sun Belt.
By Leslie Shaver • May 31, 2023 -
Q&A
What slowdown? Indiana developer still sees a robust sales market
Though The Garrett Cos. likes to hold properties for three to five years, it's still selling deals when they’re stabilized.
By Leslie Shaver • May 30, 2023 -
Nitya CEO defends his track record, charts a path for future growth
After news reports of rising interest payments in his portfolio, Swapnil Agarwal told Multifamily Dive that he’s never lost money on a deal or missed a mortgage payment.
By Leslie Shaver • May 30, 2023 -
Deals + Starts: May 2023
SPI Advisory, ECI Group, Neology and more were in the news this month.
By Multifamily Dive Staff • May 25, 2023 -
Multifamily sales drop 74% YOY
Prices for apartment properties have fallen 12.1% since last year, but annualized monthly declines are easing.
By Leslie Shaver • May 25, 2023 -
DEALS + STARTS
Inside one owner’s quest to build scale in an Austin suburb
SPI Advisory has acquired a 264-unit property outside Texas’ capital.
By Leslie Shaver • May 23, 2023 -
Virginia-based owner plans to add property management services
As other firms have scaled back their management presence, Capital Square is jumping into operations.
By Leslie Shaver • May 23, 2023 -
MBA: Multifamily lending to drop 14%
After bank failures and interest rate hikes, apartment originations could fall to $375 billion.
By Leslie Shaver • May 22, 2023 -
Recession likely to start in Q3 as Fed sustains inflation fight: Fannie Mae
The Fed may keep borrowing costs high and trigger a downturn if robust wage gains persist in coming months, Fannie Mae said.
By Jim Tyson • May 22, 2023 -
REIT Report
Essex predicts rebound in West Coast markets
Although it is monitoring other areas for expansion, the REIT is comfortable with its regional focus, according to CEO Angela L. Kleiman.
By Leslie Shaver • May 17, 2023 -
DEALS + STARTS
Georgia sale signals a market shift for older properties
ECI Group explains why its strategy has evolved as the era of low cap rates for aging assets comes to an end.
By Leslie Shaver • May 16, 2023 -
Troubled loans backing Veritas’ San Francisco portfolio hit the market
Even as the percentage of CMBS securitizations becoming delinquent and going into servicing falls, observers expect problems to mount later in the year.
By Leslie Shaver • May 16, 2023 -
REIT Report
Camden’s move-outs to homeownership drop amid strong rent growth
Even though more than 400,000 new units are expected to hit its markets in the next two years, the REIT downplayed the impact of new supply on a recent earnings call.
By Leslie Shaver • May 15, 2023