Capital: Page 15

  • low-rise red apartment building
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    Andrey Sayfutdinov via Getty Images
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    When will apartment sales return?

    The Federal Reserve signaling a slowdown in interest rate hikes could be the start of bringing certainty to the market.

    By • March 14, 2023
  • An SVB sign stands outside the bank's headquarters.
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    Justin Sullivan via Getty Images
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    Sonder, Latch among companies with deposits at beleaguered SVB

    The collapse of Silicon Valley Bank could affect both multifamily borrowers and technology suppliers.

    By • March 13, 2023
  • A block of apartment complexes Explore the Trendline➔
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    Arturo Rosenow via Getty Images
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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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    Maks_Lab via Getty Images
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    Cadillac Fairview completes acquisition of Lincoln’s residential division

    Lincoln CEO Tim Byrne is retiring as a new group of leaders takes the helm at the Dallas-based company.

    By • March 10, 2023
  • Playground with brown apartment community in the background.
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    Permission granted by Standard Communities
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    DEALS + STARTS

    Standard Communities grabs a controlling interest in more than 3,000 affordable units

    The purchase marks Standard’s first acquisition in Florida and its first affordable purchase in Georgia.

    By • March 9, 2023
  • The top of a brown high-rise apartment building.
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    RoschetzkyIstockPhoto via Getty Images
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    The cities with the highest, lowest rental vacancy rates

    The national rate has held relatively steady over the past four quarters, according to Census data.

    By • March 9, 2023
  • Dollar bags, sand clock or hourglass on a balance scale in equal position,.
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    William_Potter via Getty Images
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    MBA expects multifamily lending to fall 16%

    Five percent of nonbank multifamily mortgages are slated to mature in 2023.

    By • March 7, 2023
  • 3D Render of the clouds of Hurricane Ida (Aug 28, 2021) on a Topographic Map of the Gulf of Mexico
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    FrankRamspott via Getty Images
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    Coastal developers, owners brace for ‘outrageous’ jump in insurance costs

    Extreme-weather events and population growth have driven up the price of insurance for apartment companies, according to a new report.

    By • March 7, 2023
  • Two models of the building, two keys of the house and a binder on the white table.
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    kokouu via Getty Images
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    HUD loan volume falls

    Despite the slowdown, the agency’s existing loans could be coveted by borrowers this year.

    By • March 6, 2023
  • Brown apartments surrounding a pool with grass in the foreground.
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    Permission granted by RealSource Properties
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    Q&A

    Once the buyer’s market arrives, it might not last long

    An executive from RealSource Properties thinks apartment sales could snap back quickly.

    By • March 3, 2023
  • Two-story apartments with a pool in the foreground.
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    Permission granted by Three Pillars
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    Capital Commitments

    Why Three Pillars is betting on distressed buys

    The Houston-based private equity firm tapped into investors from the U.S. and the Middle East to help target Sun Belt properties.

    By • March 3, 2023
  • Grey two-story homes with driveways in the foreground.
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    Permission granted by Wolfson Development
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    Q&A

    Are the BTR capital markets coming back?

    Wolfson Development’s CEO thinks investors see safety in single-family rentals, even if the days of 40% rent growth in Florida are over.

    By • March 1, 2023
  • Close-up of the exchange of keys between two hands.
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    Hispanolistic via Getty Images
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    Apartment sales fall 71%

    Prices continued their decline in January, dropping 4.6% year over year.

    By • Feb. 28, 2023
  • Three story brown apartment building.
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    Permission granted by Continental Realty Corporation
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    DEALS + STARTS

    Continental Realty Corp. buys North Carolina property worth owning ‘for the long term’

    The company assumed the HUD loan in a process that took nearly six months.

    By • Feb. 24, 2023
  • Aerial picture of New York City
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    TomasSereda via Getty Images
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    Blackstone’s $270M loan goes to servicing

    Despite loan servicing on an 11-property New York City portfolio, the investment giant says it remains committed to rental housing.

    By • Feb. 22, 2023
  • Paper saying notice of loan default
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    KLH49 via Getty Images
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    Trepp: Multifamily CMBS servicing rates increase

    One observer sees delinquency rising but staying under 2%.

    By • Feb. 17, 2023
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    kevinjeon00 via Getty Images
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    REIT Report

    Equity Residential sees positive employment signs amid uncertainty

    The REIT nears the finish line with some centralization initiatives as it works to corral costs.

    By • Feb. 17, 2023
  • White and black apartment building with a surface-level pool in the foreground.
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    Permission granted by Blackstone
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    DEALS + STARTS

    Blackstone makes big buy in Atlanta

    Despite questions about its transaction strategy this year, the firm paid $133 million for a 473-unit property in Georgia.

    By • Feb. 17, 2023
  • Low angle view of the Stock Exchange sign on the facade of the New York Stock Exchange on Wall street, Manhattan.
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    https://www.gettyimages.com/detail/photo/stock-exchange-sign-royalty-free-image/157338910?phrase=wall%20street&adppopup=true via Getty Images
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    REIT Report

    AvalonBay pushes forward with expansion goals

    On its earnings call last week, the REIT said it sees signs of rent growth heading into spring leasing.

    By • Feb. 15, 2023
  • Aerial view of three-story apartment complex.
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    Permission granted by RailField
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    Q&A

    Why it’s easier to get affordable deals done right now

    RailField Partners' chief investment officer provides insight into which deals are crossing the finish line.

    By • Feb. 14, 2023
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    Spencer Platt via Getty Images
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    REIT Report

    Tech sector layoffs, eviction concerns stymie Essex’s growth

    The REIT continues to make progress on its centralized property functions and revenue management system, it said during a recent earnings call.

    By • Feb. 13, 2023
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    Spencer Platt via Getty Images
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    REIT Report

    UDR plans to increase the number of properties without staffers

    During its earnings call this week, the REIT’s executives talked about rising expenses, hot markets and the increasing importance of technology.

    By • Feb. 9, 2023
  • The skyline of the city of St. Louis, Missouri on the banks of the Mississippi River.
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    Art Wager via Getty Images
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    The 5 markets with the most potential multifamily distress

    St. Louis, followed by the tech hubs of Seattle and San Francisco, could face the most problem loans.

    By • Feb. 8, 2023
  • Apartment building with brick and yellow siding.
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    Permission granted by Ballast Rock
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    DEALS + STARTS

    Ballast Rock lands South Carolina property

    After getting a discount, the apartment owner closed on the 132-unit Bentree Apartments.

    By • Feb. 8, 2023
  • Highway sign with the word "recession next exit" on it.
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    ZargonDesign via Getty Images
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    Rampant budget cuts anticipated amid recession fears

    A new study shows that companies are planning for a recession, even if there are mixed views about the economy.

    By Alexei Alexis • Feb. 7, 2023
  • Apartment clubhouse in the background with buildings on either side.
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    Permission granted by RangeWater
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    Q&A

    RangeWater focuses on the pre-development process

    With more uncertainty in the market, the Atlanta-based firm is looking at milestones and tracking its spending.

    By • Feb. 7, 2023