Capital: Page 15


  • Grey and white high rise apartments with palm trees below.
    Image attribution tooltip
    Permission granted by Forman Capital
    Image attribution tooltip
    DEALS + STARTS

    Private lender acquires the note for a Neology site in Miami

    The acquisition shows how developers can finance projects even as traditional bank lending stalls.

    By May 11, 2023
  • A tour bus passes the Wall Street bull.
    Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip
    REIT Report

    As development projects are abandoned, AVB sees an opportunity to buy land

    The REIT is partnering with third-party apartment builders and offering mezzanine loans for construction.

    By May 10, 2023
  • 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
  • Aerial view from skyline with skyscrapers in Brooklyn downtown New York on the Hudson river
    Image attribution tooltip
    photovs via Getty Images
    Image attribution tooltip
    DEALS + STARTS

    Nuveen nabs 12,000 affordable housing units

    The investment manager for TIAA purchased the New York City-centric portfolio from Mo Vaughn’s Omni Holding Co.

    By May 10, 2023
  • Five-story apartment building surrounding a pool.
    Image attribution tooltip
    Permission granted by Centerspace
    Image attribution tooltip
    Q&A

    Centerspace’s new CEO outlines her priorities

    Anne Olson’s first focus will be property operations and centralization.

    By May 9, 2023
  • Modern bank glass building.
    Image attribution tooltip
    -slav- via Getty Images
    Image attribution tooltip

    Bank failures make construction loans even more challenging

    The lending environment has grown more treacherous after last year’s interest rate hikes and could dampen new starts by 60%, according to Ric Campo.

    By May 8, 2023
  • A Wall St. sign next to the New York Stock Exchange
    Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip
    REIT Report

    UDR reports same-store NOI growth of 11.7%

    Executives noted that new supply is forcing concessions in certain Southeastern markets.

    By May 5, 2023
  • 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

    3 trends driving MAA’s performance

    The REIT’s portfolio is insulated from new supply, CEO Eric Bolton said on last week’s earnings call.

    By May 3, 2023
  • A sign for a First Republic bank branch.
    Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip

    Failed First Republic was San Francisco’s most active apartment lender

    In Q1, the bank financed eight deals, constituting 40% of San Francisco’s volume, according to Colliers.

    By May 2, 2023
  • Cars and grass in the foreground with an apartment community in the distance.
    Image attribution tooltip
    Permission granted by Post Road
    Image attribution tooltip

    Post Road Management adds 1,002 units in Kansas

    After acquiring 11 properties in Wichita, the firm operates over 16,000 units across 13 states.

    By May 1, 2023
  • Photo of stock exchange letters.
    Image attribution tooltip
    Pgiam via Getty Images
    Image attribution tooltip
    REIT Report

    Equity Residential’s same-store revenue is better than anticipated

    New York posts 19% growth, but California floods drive up expenses and San Francisco and Seattle struggle with concessions.

    By April 28, 2023
  • Photo of a invoice with past due stamp
    Image attribution tooltip
    webking via Getty Images
    Image attribution tooltip

    MBA: Multifamily mortgage delinquency rates increased in Q1

    The apartment sector still has fewer problem loans than other CRE asset classes.

    By April 28, 2023
  • blocks showing the principles of ESG
    Image attribution tooltip
    Khaosai Wongnatthakan via Getty Images
    Image attribution tooltip

    Impact Council releases finalized investing guidance

    The Multifamily Impact Framework creates a roadmap for socially motivated private capital to invest in affordable and sustainable rental housing.

    By Updated Sept. 20, 2023
  • A construction site.
    Image attribution tooltip
    Permission granted by Empire Group of Cos.
    Image attribution tooltip
    PROJECT SPOTLIGHT

    Arizona build-to-rent breaks ground near new semiconductor plant

    Village at Pleasant River is expected to attract residents who work at the nearby Taiwan Semiconductor Manufacturing Co. facility in Peoria.

    By Updated May 31, 2023
  • House model with agent and customer discussing for contract to buy.
    Image attribution tooltip
    Perawit Boonchu via Getty Images
    Image attribution tooltip

    Multifamily prices drop more than other CRE sectors

    Apartment sales volume fell 64% from last year’s record high.

    By April 24, 2023
  • U.S. Capitol with grey sky in the background.
    Image attribution tooltip
    Douglas Rissing via Getty Images
    Image attribution tooltip

    Report: Prepare for a debt ceiling crisis

    J.P. Morgan recommends that owners have a cushion and try to refinance to prepare for potential economic shockwaves over the U.S. debt limit.

    By April 24, 2023
  • Closeup of a Houston map with a red pin.
    Image attribution tooltip
    zimmytws via Getty Images
    Image attribution tooltip

    Texas foreclosures foreshadow Class C troubles

    The Applesway Investment Group portfolio suffered from neglect and changing market conditions.

    By April 24, 2023
  • Three-story apartments with parking lots and cars in the foreground.
    Image attribution tooltip
    Permission granted by Beacon Real Estate Group
    Image attribution tooltip
    DEALS + STARTS

    Beacon nabs 2 newly completed projects

    The company adds to its portfolio with two projects near Atlanta.

    By April 19, 2023
  • Drone angle view of Daytona Beach skyline and bridges over the intracoastal waterway.
    Image attribution tooltip
    Michael Warren via Getty Images
    Image attribution tooltip

    Oceanfront condo project halted by Daytona Beach officials

    The city expressed concerns about progress and safety issues at Protogroup’s 31-story condominium project, which has been under construction since 2018.

    By April 18, 2023
  • Customer signing contract
    Image attribution tooltip
    Natee Meepian via Getty Images
    Image attribution tooltip

    CBRE: Apartment going-in cap rate expansion slowing

    Underwriting is beginning to stabilize after three quarters of increases of more than 35 basis points.

    By April 18, 2023
  • White apartments with palm trees and a road in the foreground.
    Image attribution tooltip
    Permission granted by Summit Contracting Group
    Image attribution tooltip

    Most firms on NMHC Top 25 Builders list saw increases last year

    Summit topped the ranking, reflecting both the company's growth and an active multifamily cycle, said President Marc Padgett.

    By April 17, 2023
  • New grey apartment community
    Image attribution tooltip
    Permission granted by Alliance Residential
    Image attribution tooltip

    Alliance grabs the country’s top development spot from Greystar

    Only two developers on the NMHC Top 25 saw their starts decrease in 2022.

    By April 17, 2023
  • An apartment building at sunset.
    Image attribution tooltip
    deepblue4you via Getty Images
    Image attribution tooltip

    Multifamily CMBS delinquencies, servicing transfers continue to rise

    The percentage of loans transferred has nearly doubled over the past year.

    By April 14, 2023
  • Brown and grey modern complex of residential buildings.
    Image attribution tooltip
    RomanBabakin via Getty Images
    Image attribution tooltip

    Boston Financial stays atop NMHC syndicator list

    Though portfolios remain relatively stable, some see a need for more tax credits.

    By April 13, 2023
  • Employees walk in front of a sign outside of the shuttered Silicon Valley Bank headquarters.
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip
    Deep Dive

    4 ways that recent banking failures will impact the multifamily sector

    After the collapse of Silicon Valley Bank and Signature, multifamily borrowers could face challenges finding construction debt and loans from smaller lenders.

    By April 12, 2023
  • Modern apartment complex with a pool in the foreground.
    Image attribution tooltip
    Permission granted by MAA
    Image attribution tooltip

    MAA takes the No. 1 spot on NMHC’s Top 50 Owners list

    Greystar jumped from the sixth spot to second in the 2023 ranking.

    By April 10, 2023