Capital: Page 16

  • Apartments with pool in the foreground.
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    Permission granted by Bonaventure
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    DEALS + STARTS

    Bonaventure adds 3 more properties

    The company used the UPREIT structure to make the acquisitions in a difficult environment.

    By • April 10, 2023
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    ImageGap via Getty Images
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    Opinion

    Real estate GPs need to get out their defensive playbooks

    A few simple moves can help multifamily and commercial real estate GPs run leaner while positioning them to pounce on emerging opportunities.

    By Michael Harris • April 6, 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
  • Five-story brown and brick apartment building.
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    Permission granted by Campus Apartments
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    Q&A

    How Campus Apartments navigates the volatile transaction market

    The student housing firm closed more than $650 million in transactions last year and is pursuing other deals in 2023.

    By • April 4, 2023
  • Three-level brick apartment building with brown patios.
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    Permission granted by Centerspace
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    DEALS + STARTS

    Centerspace sells 9 Midwestern communities for $144M

    With the disposition of more than 1,500 units in Minnesota and Nebraska, the REIT has reduced its debt.

    By • April 3, 2023
  • Brown four-story apartment buildings.
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    Permission granted by Waterton
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    DEALS + STARTS

    Waterton re-enters Seattle with the purchase of 123-unit property

    As groups that have to raise equity or syndications faded from the market, the Chicago-based firm saw an opportunity.

    By • March 30, 2023
  • businessman is holding a wad of money
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    turk_stock_photographer via Getty Images
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    A ‘double-edged sword’: What you need to know about pref equity

    This type of capital can enhance returns, but it comes with risk.

    By • March 29, 2023
  • Hand on desk on top of papers and a calculator.
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    Daenin Arnee via Getty Images
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    What’s behind the rise of pref equity?

    The funding source is helping apartment owners and developers fill gaps in the capital stack.

    By • March 27, 2023
  • The side of gray apartment building with white railing.
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    Spencer Platt via Getty Images
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    Deal volume fell 76% YOY in February

    Prices fell 8.7% as interest rate increases continued to squeeze the sales market.

    By • March 24, 2023
  • Brown and white apartment building above a garage with people on the street in the foreground.
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    Permission granted by Alliant Strategic Development
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    Q&A

    Los Angeles developer eyes 10,000 affordable units

    By tweaking tax credit policy, Eddie Lorin thinks legislators can help stimulate more apartment development.

    By • March 23, 2023
  • Gray apartment building rendering with trees in the foreground
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    Permission granted by Resia
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    Miami developer laid off 25% of its workforce

    The cuts came at the end of last year as workforce housing producer Resia adjusted its overhead to “new macroeconomic conditions.”

    By • March 22, 2023
  • Coin stack on international banknotes with house model on table.
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    Zephyr18 via Getty Images
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    Multifamily outstanding debt grew by $148B in 2022

    The agencies and mortgage-backed securities portfolios hold almost half of apartment loans.

    By • March 21, 2023
  • Crane and building under construction against blue sky
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    unkas_photo via Getty Images
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    Apartment starts up 24%, posting ‘unexpectedly strong month’

    Looking forward, banking volatility could force the Fed to ease interest rate hikes that had been predicted to slow apartment starts.

    By • March 20, 2023
  • Home key with keychain with black calculator on wooden table
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    Nuthawut Somsuk via Getty Images
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    Multifamily CMBS servicing and delinquency rates jump

    Trepp data shows the increases are a trend across commercial real estate as owners, such as Blackstone, grapple with higher interest rates.

    By • March 20, 2023
  • office of Silicon Valley Bank
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    Justin Sullivan/Getty Images via Getty Images
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    Bank failures cause uncertainty for contractors

    The collapses of Silicon Valley Bank and Signature Bank could weaken this year’s outlook for commercial real estate and construction, an economist said.

    By Sebastian Obando • March 16, 2023
  • Low angle view of a modern style apartment building, with lots of windows on a sunny, cloudy day
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    Colleen Michaels via Getty Images
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    CBRE: Looming oversupply will be short-lived

    Even with a surplus of multifamily development over the short term, an additional 2.3 million new units will be needed nationwide over the next 10 years, according to a new analysis.

    By • March 15, 2023
  • People walk by a branch of Signature Bank.
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    Spencer Platt via Getty Images
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    Failed Signature Bank had a deep reach in the NYC rental market

    The lender funded approximately 3,000 apartment buildings in the city, according to one source.

    By • March 14, 2023
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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
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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
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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