Development

  • An apartment building viewed from above.
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    Permission granted by Marathon Development Group
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    PROJECT SPOTLIGHT

    $46M mixed-use project reaches the skies in Norfolk, Virginia

    Construction is finished at the 273-unit Gravity on 400, located in the downtown Waterside District.

    By • April 17, 2025
  • Tan, garden-style apartment with Kanso sign and cars in front.
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    Permission granted by AvalonBay Communities
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    Opinion

    AVB’s Kanso model finds the middle ground with scaled-back features

    The REIT’s brand, launched in 2022, focuses on offering high-end apartment homes with minimal community amenities and a technologically enabled service model.

    By David Gillespie and Kurt Conway • April 16, 2025
  • A rendering of a Romanesque Revival-style building surrounding a courtyard.
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    Permission granted by Woods Bagot
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    PROJECT SPOTLIGHT

    Historic Brooklyn college building reopens with 205 apartments

    Built out of the St. John’s College building, The Hartby has retained its original Romanesque Revival design.

    By • April 16, 2025
  • A rendering of a four-story apartment complex.
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    Permission granted by Koontz Corp.
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    DEALS + STARTS

    Koontz Corp. plans gated apartments in San Antonio

    The developer has purchased a 9.66-acre site in Far North San Antonio for The Elle, a 305-unit property set to open in 2027.

    By • April 15, 2025
  • A building rooftop covered in solar panels.
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    Permission granted by LeFrak
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    Q&A

    How LeFrak used a rooftop solar array to reduce CO2

    Community relations head Charles Burton explains how 450 solar panels at The Beach in Jersey City, New Jersey, offset the property’s common area emissions by 13%

    By • April 15, 2025
  • A low-rise apartment property.
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    Courtesy of Dominium
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    NMHC Top 50

    Greystar, Summit lead NMHC’s developer and builder lists

    While these industry stalwarts remain at the top of the association’s newest rankings, a Dallas firm has rocketed up the charts.

    By • April 10, 2025
  • Mid-rise building with a warehouse exterior on the first two floors and modern glass above.
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    Permission granted by Atlantic Auctions
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    More Baltimore conversions face foreclosure

    An LLC controlled by Philadelphia-based PMC Property Group has defaulted on a $16.4 million loan, while an entity controlled by Chasen Cos. declared bankruptcy on a second building.

    By • April 10, 2025
  • A mid-rise apartment building.
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    Permission granted by Shorewood
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    PROJECT SPOTLIGHT

    Shorewood to begin leasing at former brewery site in NJ

    The Ballantine will feature branding and design aesthetics inspired by Newark’s Ironbound neighborhood and its history.

    By • April 9, 2025
  • Aerial picture of wood0frames apartments under construction.
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    Bilanol via Getty Images
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    REITs ready to ramp up development despite tariff risks

    Although the Trump administration’s policies are creating uncertainty, many of multifamily’s biggest public companies see an opportunity to start construction.

    By • April 4, 2025
  • A series of low-rise stucco buildings. "The Wayne" is printed on a sign nearby.
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    Permission granted by Porter Kyle
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    DEALS + STARTS

    Porter Kyle breaks ground on $60M rental townhomes in highly competitive market

    The Wayne will be the only BTR development in a 10-mile radius of Chandler, Arizona, according to its developer.

    By • April 3, 2025
  • An overhead view of a Nevada town with mountains and sky in the distance
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    Wirestock via Getty Images
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    Trump administration considers using federal land for affordable housing

    Western states could be the most impacted, according to a Wall Street Journal report, but some advocates say the move is unlikely to meet the biggest housing needs in high-cost markets.

    By Ryan Kushner • April 1, 2025
  • Aerial shot of tall, glass apartment building next to busy highway.
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    Permission granted by McCourt Partners
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    Q&A

    McCourt’s ‘supercharged’ real estate efforts pay off

    Frank McCourt and his company may have sold the Dodgers, but the firm still has high hopes for Los Angeles.

    By • April 1, 2025
  • A rendering of a mid-rise apartment building.
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    Permission granted by Baron Property Group
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    Deals + Starts: March 2025

    Firms including Hamilton Zanze, RangeWater and Cordish Cos. made news in recent months.

    By Multifamily Dive Staff • March 27, 2025
  • A pool deck at an apartment building.
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    Permission granted by The Bainbridge Cos.
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    Why Bainbridge decided to launch its first fund

    The firm expects to raise $250 million to acquire 1990s and newer apartments at discounts to replacement cost in the Sun Belt and mid-Atlantic markets.

    By • March 25, 2025
  • A furnished apartment-style hotel room at Placemakr's pop-up hotel at The Byron in Washington, D.C.
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    Courtesy of Placemakr
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    Placemakr launches apartment-style pop-up hotel in Washington, D.C.

    Placemakr Buzzard Point, offering furnished units for short-term stays within a luxury apartment complex, opens as travelers increasingly seek flexible accommodations. 

    By Jenna Graber • March 21, 2025
  • white apartments with tress and gravel in the foreground
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    Retrieved from Avanti Residetial.
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    Avanti adds development arm

    The Denver-based firm is bringing in D.R. Horton and Wood Partners vet Kyle Henderson to head up the new venture.

    By • March 21, 2025
  • Horizontal shot of a wood-framed apartment complex under construction.
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    WendellandCarolyn via Getty Images
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    Apartment completions fall

    Multifamily starts rose month over month in February, while single-family hit a 12-month high.

    By • March 21, 2025
  • A facade of the U.S. Environmental Protection Agency signage on the wall of its building
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    Joe Cicak via Getty Images
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    EPA announces review of WOTUS rule

    Industry associations applauded the agency’s move to reduce permitting costs with its new definition.

    By • March 18, 2025
  • Photo looking up at a high rise building
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    Retrieved from Screenshot: Google Maps.
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    Chasen’s Baltimore conversion hits the market

    The developer planned to turn the historic One Calvert Plaza into apartments before facing financial difficulties.

    By • March 17, 2025
  • Three-story brick apartments with a pool in the foreground.
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    Permission granted by RR Living
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    Q&A

    How Melanie French turns around distressed properties

    The CEO of Dallas-based property management firm RR Living puts additional resources into troubled assets to boost their occupancy.

    By • March 13, 2025
  • A rendering of a high-rise apartment building surrounded by smaller buildings.
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    Permission granted by Cordish Cos.
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    DEALS + STARTS

    Cordish Cos. chosen to redevelop hotel site near the Gateway Arch in St. Louis

    The $670 million plan calls for 1.3 million square feet of residential, retail and commercial space, including 585 apartment units.

    By • March 13, 2025
  • A mid-rise apartment building with a red brick and glass exterior.
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    Christopher Barrett

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    PROJECT SPOTLIGHT

    Wisconsin student property takes a sophisticated approach

    Chapter Madison, built on a narrow lot under strict design restrictions, is 100% leased for its first year.

    By • March 11, 2025
  • Wall Street buildings
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    Getty Images via Getty Images
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    Apartment REITs predict improvements in 2025

    As new apartment deliveries slow in the second half of the year, multifamily's biggest public companies see the opportunity for rent gains.

    By • March 6, 2025
  • The Department of Housing and Urban Development
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    helen89 via Getty Images
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    HUD reinstates Enterprise’s $40M Section 4 contract

    The department had previously canceled several long-standing capacity building grants for local housing organizations.

    By • Updated April 10, 2025
  • An intersection in Washington, DC, showing two facades of an office building about seven stories tall.
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    "1625 Massachusetts Avenue NW.jpg" by APK is licensed under CC BY-SA 4.0
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    Tax break programs help spur downtown DC office-to-residential conversions

    The Housing in Downtown Program has supported three housing conversion projects to date, while a new program will provide tax breaks to projects that convert offices to “anything” in the city’s business corridor.

    By Danielle McLean • March 5, 2025