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Retrieved from Screenshot: Google Maps.
Bank forecloses on Chasen’s office conversion in Baltimore
The developer planned to turn the historic One Calvert Plaza into 173 apartments.
By Leslie Shaver • Oct. 9, 2024 -
Permission granted by GPI Companies
DEALS + STARTSGPI makes acquisition in West Hollywood
The purchase of the Lofts at NoHo Commons is only one recent move from the firm as it ramps up activity in its hometown.
By Leslie Shaver • Oct. 7, 2024 -
Explore the Trendline➔
Arturo Rosenow via Getty Images
TrendlineTop 5 stories from Multifamily Dive
A roundup of some of Multifamily Dive’s top stories of 2024.
By Multifamily Dive staff -
Permission granted by JRK Holdings
Inside JRK’s recent buying spree
As buyers have begun to capitulate on price and the credit markets have improved, the Los Angeles–based firm found an opening to buy class A properties.
By Leslie Shaver • Oct. 7, 2024 -
deepblue4you via Getty Images
MSCI: GSE volume declined in first half of 2024
Investor-driven and CMBS lenders posted huge gains in the first six months of the year, as the debt market looks to be more competitive.
By Leslie Shaver • Oct. 4, 2024 -
Retrieved from Apartments.com.
Harbor Group reportedly assumes ownership of troubled 623-unit Atlanta property
The Lofts at Twenty25 suffered from low occupancy after a massive renovation, according to Bisnow.
By Leslie Shaver • Oct. 3, 2024 -
Courtesy of The Dermot Company
DEALS + STARTSThe Dermot Co. grabs unique opportunity in Florida
The New York City-based firm recently purchased a 350-unit property in Wellington for a reported $144 million.
By Leslie Shaver • Oct. 2, 2024 -
Permission granted by Cortland
Q&ACortland’s director of investments on Declaration Partners Real Estate deal
Jason Kern explains how his company will be able to use its existing platform to offer preferred debt in partnership with the David Rubenstein-backed investment firm.
By Leslie Shaver • Oct. 1, 2024 -
The image by Ken Lunch is licensed under CC BY-SA 2.0
Loan for once-iconic Detroit tower goes delinquent
Riverfront Towers, once home to Rosa Parks and Aretha Franklin, was plagued by flooding, insurance costs and evictions.
By Leslie Shaver • Sept. 30, 2024 -
Elena Alex photo via Getty Images
MSCI: Multifamily prices rise for the first time since July 2022
Sales volume dropped 9% YOY to $9.9 billion in August.
By Leslie Shaver • Sept. 26, 2024 -
Retrieved from RentCafe.
7-property portfolio heads to servicing amid insurance troubles
Wisconsin-based Trinity Flood was the sponsor of the properties in Illinois, Georgia and Arizona.
By Leslie Shaver • Sept. 25, 2024 -
ribeirorocha via Getty Images
NAHB: Apartment completion time flat in 2023
The construction cycle rose 3.5 days in 2023 after jumping 2.3 months in 2022.
By Leslie Shaver • Sept. 23, 2024 -
Permission granted by Walker & Dunlop
DEALS + STARTSTimberlane Partners pays $40.5M for Denver deal
The Seattle-based firm faced competition to secure the property, where it plans a light renovation.
By Leslie Shaver • Sept. 20, 2024 -
ictor via Getty Images
Apartment starts drop 6% YOY
In a sign that supply is burning off, completions in August jumped 80%, while projects under construction fell 15%.
By Leslie Shaver • Sept. 19, 2024 -
LD via Getty Images
Fed cuts rates, but is more needed?
Apartment industry leaders say the central bank’s action had already been baked into the 10-year Treasury.
By Leslie Shaver • Sept. 18, 2024 -
Maudib via Getty Images
Developers look for deals on dirt
Generational property owners are in a position to wait, while those who have recently purchased land may be more motivated to sell.
By Leslie Shaver • Sept. 16, 2024 -
Permission granted by LRE Management
DEALS + STARTSNew York-based firm makes $102M bet on Atlanta through new fund
LRE Management also added PGA golfer Patrick Cantlay as a member of its advisory board.
By Leslie Shaver • Sept. 13, 2024 -
Permission granted by Gindi Equities
DEALS + STARTSGindi Equities makes $13.5M sale in North Carolina
The New York City firm originally bought the Cedar Ridge Apartments in 2021.
By Leslie Shaver • Sept. 12, 2024 -
peeterv via Getty Images
Lynd assigned an 11,000-unit portfolio
The original owners purchased the 50 properties as a value-add play but ran into problems when interest rates rose and costs increased.
By Leslie Shaver • Sept. 11, 2024 -
Chip Somodevilla via Getty Images
Freddie Mac names new CEO
Diana Reid brings more than four decades of banking, real estate, capital markets and affordable housing experience to the company.
By Leslie Shaver • Sept. 10, 2024 -
Arturo Rosenow via Getty Images
Trepp: Delinquency, servicing rates hit highs not seen in years
Distressed CMBS loans increased across commercial real estate last month, but apartment issues stood out.
By Leslie Shaver • Sept. 9, 2024 -
Permission granted by Pratum Companies
Q&APratum CEO explains why he wants to acquire more properties
Shah Alam thinks ownership will complement the existing services his management firm offers.
By Leslie Shaver • Sept. 5, 2024 -
Courtesy of Fannie Mae
Fannie, Freddie announce tenant protection plans for housing portfolios
The GSEs’ borrowers must provide advance notices of rent increases and lease expirations, among other requirements.
By Mary Salmonsen • Sept. 5, 2024 -
Permission granted by QuadReal Property Grou
DEALS + STARTSCanadian firm buys 4 properties from Lennar’s Quarterra
QuadReal Property Group picked up 1,400 units total in Colorado, North Carolina, Arizona and Maryland.
By Leslie Shaver • Sept. 4, 2024 -
Permission granted by Sinatra & Co.,
DEALS + STARTSSinatra makes $64M Florida buy
The Cocoa Grand is the Western New York firm’s fifth purchase in the Sunshine State.
By Leslie Shaver • Aug. 28, 2024 -
unkas_photo via Getty Images
Apartment starts increase monthly, but fall YOY
Meanwhile, multifamily completions jumped 50% from last July and the number of units under construction dropped.
By Leslie Shaver • Aug. 27, 2024
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