Capital: Page 17

  • 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
  • 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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    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
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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
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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
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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
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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
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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
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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
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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
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    Spencer Platt via Getty Images
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    REIT Report

    Camden reports revenue gains, but notes a slowing rental market

    Sensing an opportunity in the future, the REIT could be more aggressive than its peers in developing new properties.

    By • Feb. 6, 2023
  • Statue of Liberty and New York City Skyline with Manhattan Financial District, Battery Park, Water of New York Harbor, World Trade Center, Sail Boat and Dramatic Orange and Blue Sunset Sky with Clouds
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    OlegAlbinsky via Getty Images
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    Top 10 metros for construction starts

    Even when adjusted for inflation, commercial and multifamily starts were robust in 2022 as projects moved back toward urban cores, according to a new report.

    By Sebastian Obando • Feb. 6, 2023
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    JaysonPhotography via Getty Images
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    REIT Report

    MAA posts strong revenue, rent increases in Q4

    The REIT’s robust renewal rates are driving growth as new lease pricing moderates, according to the firm’s earnings call last week.

    By • Feb. 3, 2023
  • Apartment entrance with trees and flags in the foreground.
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    Permission granted by RailField
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    DEALS + STARTS

    By assuming existing financing, RailField acquires a property in North Carolina

    The Bethesda, Maryland–based owner sees the workforce property as a good value-add play.

    By • Feb. 2, 2023
  • Apartment building under construction surrounded by high rises.
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    Joe Raedle via Getty Images
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    Multifamily starts drop 19%

    As the market cools, construction is concentrated in five metros, according to a new analysis.

    By • Jan. 31, 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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    2023 multifamily outlook roundup

    From financing to development, design to acquisitions, these will be the biggest topics and trends facing apartment pros this year.

    By Multifamily Dive Staff • Jan. 31, 2023
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    alvarez via Getty Images
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    OUTLOOK 2023

    Office conversions will soar this year

    Apartments have made up one-third of office conversion activity since 2016.

    By • Jan. 30, 2023
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    Permission granted by Freddie Mac
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    OUTLOOK 2023

    Finding a loan will be more difficult in 2023

    The agencies remain in the game, but questions surround other debt sources.

    By • Jan. 27, 2023
  • Brown and tan two-story apartments.
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    Permission granted by The Lynd Group
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    DEALS + STARTS

    Lynd Group sells Colorado property for $67.5M

    The company received a 31.5% internal rate of return and an equity multiple of 1.8 times.

    By • Jan. 26, 2023