Operations
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Property buyer sues developer for ‘misrepresented’ $70M sale in St. Louis
Silverstone Management alleges the development firm did not disclose construction defects and artificially inflated occupancy at a 272-unit property.
By Mary Salmonsen • Dec. 18, 2024 -
Q&A
Keeping the human element in a centralized strategy
Atlas Real Estate’s property management model incorporates automation and artificial intelligence, but still ensures tenants can speak to staff.
By Mary Salmonsen • Updated Dec. 18, 2024 -
Trendline
Top 5 stories from Multifamily Dive
A roundup of some of Multifamily Dive’s top stories of 2024.
By Multifamily Dive staff -
Owners, operators adjust to recent regulatory changes
Multifamily professionals in California and New York have seen the most new laws come into play.
By Mary Salmonsen • Dec. 16, 2024 -
FTC finalizes junk fees rule
The measure, which targets event ticketing and short-term rentals, does not directly address the multifamily industry.
By Mary Salmonsen • Updated Dec. 17, 2024 -
EXECUTIVE MOVES
Greystar hires senior managing director of digital technologies
In the newly created role, Jordan Kobert will lead the multifamily giant’s product and engineering teams.
By Mary Salmonsen • Updated Dec. 9, 2024 -
REITs struggle with new lease rents
Although growth was tepid in the third quarter, there are signs that new deliveries are declining and demand is holding up.
By Leslie Shaver • Dec. 5, 2024 -
RealPage files motion to dismiss DOJ suit
Despite the company’s “very compelling arguments,” an antitrust lawyer thinks the case will proceed.
By Leslie Shaver • Dec. 5, 2024 -
Q&A
Why Larken Associates has moved away from centralization
The property manager is focusing on dedicated teams that cultivate relationships with residents, according to its director of residential asset management.
By Mary Salmonsen • Dec. 3, 2024 -
State sues Indianapolis apartment owner after hundreds of code violations
The lawsuit alleges multiple sewage failures at Hubbard Gardens dating back at least two years.
By Mary Salmonsen • Dec. 2, 2024 -
DEALS + STARTS
Knightvest lands 3 Texas deals
The firm continues to buy as it works out extensions with lenders on properties bought in 2021 and 2022.
By Leslie Shaver • Dec. 2, 2024 -
5 ways to retain residents this winter
With cold weather coming and new competition on the horizon, here are some ways to keep heads in beds.
By Keith Loria • Dec. 2, 2024 -
EXECUTIVE MOVES
Cityview expands into Southwestern US
The firm is opening a new office in Dallas and has hired a former Kushner multifamily executive as director of acquisitions.
By Mary Salmonsen • Dec. 2, 2024 -
Deals + Starts: November 2024
Firms including Greystar, Mosaic and Archway made news in recent months.
By Multifamily Dive Staff • Nov. 26, 2024 -
AVB raises NOI guidance
The Virginia-based REIT expects to see a reacceleration of asking rents in Q4, compared to softer comps in 2023.
By Leslie Shaver • Nov. 25, 2024 -
REIT Report
Camden reduces revenue guidance
New supply and the removal of non-paying tenants were headwinds for the Houston-based REIT in the third quarter.
By Leslie Shaver • Nov. 20, 2024 -
Opinion
Developers should capitalize on energy tax credits now
With the future of the Inflation Reduction Act uncertain, multifamily firms should maximize efficiency measures as soon as possible, writes an energy expert.
By Katlyn Garside • Nov. 19, 2024 -
AvalonBay expands build-to-rent operations, plans future acquisitions
The company expects to find opportunities in its Texas, North Carolina and Colorado markets.
By Mary Salmonsen • Nov. 19, 2024 -
REIT Report
EQR’s blended rent growth is less than expected in Q3
The REIT didn’t have robust pricing power due to issues in Los Angeles and its expansion markets.
By Leslie Shaver • Nov. 18, 2024 -
How centralization is shaping the apartment industry
Changes in maintenance, administration and staffing are in the works as management firms move jobs off-site.
By Leslie Shaver • Nov. 15, 2024 -
REIT Report
UDR raises same-store guidance
The Colorado-based REIT reported pressure on new lease rents but strength on the coasts.
By Leslie Shaver • Nov. 13, 2024 -
Fannie Mae investigates potential multifamily mortgage fraud
The government-sponsored enterprise admitted in its Q3 report that it had experienced financial losses due to loan misrepresentation.
By Mary Salmonsen • Nov. 13, 2024 -
Insurance costs soften but higher premiums are on the horizon
Costs have moderated after huge jumps in previous years, according to multifamily executives and insurance experts.
By Leslie Shaver • Nov. 13, 2024 -
REIT Report
MAA: Deliveries peaked in Q3
The Memphis-based REIT saw new apartment openings taper off in its markets.
By Leslie Shaver • Nov. 11, 2024 -
Standard Communities acquires $1B portfolio
The firm plans to invest over $30 million in capital improvements and deferred maintenance across the 6,000 units in more than 60 communities.
By Leslie Shaver • Nov. 8, 2024 -
How will Trump’s victory affect the multifamily industry?
President-elect Donald Trump has said he aims to cut housing regulations and reduce mortgage rates, but details are scarce.
By Mary Salmonsen • Nov. 8, 2024