Operations: Page 4

  • A group of low-rise apartment buildings situated on a green lawn on a sunny day.
    Image attribution tooltip

    Google Maps

    Image attribution tooltip

    Owner, manager sued for death of 2 children in Mississippi apartment fire

    The smoke alarms at the William Bell Apartments were not functional at the time of the incident, according to officials.

    By • May 13, 2024
  • Five-story white apartments surrounded by palm tress and cars
    Image attribution tooltip
    Permission granted by American Landmark
    Image attribution tooltip
    DEALS + STARTS

    American Landmark grabs a 444-unit deal in Tampa

    The apartment owner was able to secure lower insurance than its competitors, which helped it purchase the waterfront property.

    By • May 13, 2024
  • A block of apartment complexes Explore the Trendline➔
    Image attribution tooltip
    Arturo Rosenow via Getty Images
    Image attribution tooltip
    Trendline

    Top 5 stories from Multifamily Dive

    A roundup of some of Multifamily Dive’s top stories of 2024.

    By Multifamily Dive staff
  • The hallway of a home with white walls, with a thermostat that reads "70" on the wall. Above it is a panel that reads "Year-Round Comfort & Savings."
    Image attribution tooltip

    Dylan Slagle, BGE

    Image attribution tooltip

    EPA launches new Energy Star residential standard

    The Energy Star NextGen Certification for New Homes and Apartments builds on the foundation set by the existing program.

    By • May 9, 2024
  • American flags in front of marble building
    Image attribution tooltip
    lucky-photographer via Getty Images
    Image attribution tooltip
    REIT Report

    Essex raises revenue guidance

    Improvement in delinquencies helped power the REIT’s better-than-expected first-quarter numbers.

    By • May 8, 2024
  • A home with a dark brick exterior.
    Image attribution tooltip
    Permission granted by Core Spaces
    Image attribution tooltip
    EXECUTIVE MOVES

    Core Spaces launches wealth management platform

    The student housing firm has tapped brothers Tom and John Dine to lead the investment vehicle as managing directors.

    By • May 8, 2024
  • A professional headshot of JoAnn Blaylock.
    Image attribution tooltip
    Permission granted by Birchstone Residential
    Image attribution tooltip
    EXECUTIVE MOVES

    Quarterra Living exec leaves Lennar for Ashcroft Capital

    JoAnn Blaylock is now president of Birchstone Residential, Ashcroft’s in-house property firm.

    By • May 6, 2024
  • Low angle view of the Stock Exchange sign on the facade of the New York Stock Exchange on Wall street, Manhattan.
    Image attribution tooltip
    https://www.gettyimages.com/detail/photo/stock-exchange-sign-royalty-free-image/157338910?phrase=wall%20street&adppopup=true via Getty Images
    Image attribution tooltip
    REIT Report

    AVB beats estimates, raises guidance

    Strong occupancy and low move-outs to buy homes gave the REIT pricing power into spring leasing season.

    By • May 6, 2024
  • Brown brick apartment buildings with streets in the foreground.
    Image attribution tooltip
    Permission granted by Carleton Cos.
    Image attribution tooltip
    Q&A

    Carleton Management Services’ new CEO sees a path for midsize firms

    As operators go through a period of consolidation, Tasha Krawiec says some owners prefer smaller firms.

    By • May 6, 2024
  • 3D Render of the clouds of Hurricane Ida (Aug 28, 2021) on a Topographic Map of the Gulf of Mexico
    Image attribution tooltip
    FrankRamspott via Getty Images
    Image attribution tooltip

    HUD raises max deductibles for wind and named storm coverage

    The updates are intended to reduce costs for owners and provide more flexibility in negotiations with insurance providers.

    By • May 6, 2024
  • Photo looking up at high rises and Wall Street sign.
    Image attribution tooltip
    franckreporter via Getty Images
    Image attribution tooltip
    REIT Report

    EQR continues trend of record-low turnover

    The REIT’s expenses rose only 1.3% thanks to lower maintenance and utility costs.

    By • May 1, 2024
  • Financial details under magnifying glass
    Image attribution tooltip
    echoevg via Getty Images
    Image attribution tooltip
    Q&A

    ‘Synthetic’ fraud is on the rise. Are you prepared?

    Criminals are using identities composed of a mix of real and fake information to get past traditional detection methods, according to a new report.

    By • April 30, 2024
  • Two people with their faces hidden are on either side of a table, on which lies a piece of paper on a clipboard and a model of a building.
    Image attribution tooltip
    ArLawKa AungTun via Getty Images
    Image attribution tooltip

    New Freddie Mac policies address underwriting, fraud detection

    New or inexperienced multifamily borrowers will now need additional due diligence.

    By • April 29, 2024
  • A detached single-family home.
    Image attribution tooltip
    Permission granted by Greystar
    Image attribution tooltip
    Q&A

    Greystar eyes build-to-rent expansion

    The multifamily giant has 4,500 BTR homes in development and 2,000 more in the planning stages.

    By • April 26, 2024
  • The Spokane, Washington, cityscape.
    Image attribution tooltip
    Solidago via Getty Images
    Image attribution tooltip

    The multifamily markets where expenses are rising the fastest

    While total operating cost growth has slowed somewhat, insurance premiums are increasing, especially in disaster-prone areas.

    By • April 16, 2024
  • pool with clubhouse in the background
    Image attribution tooltip
    Permission granted by Bryten Real Estate Partners
    Image attribution tooltip

    MEB Management Services merges with Weller

    The combined company, Bryten Real Estate Partners, will operate nearly 47,000 units across the U.S.

    By • April 16, 2024
  • A rendering of a mid-rise apartment building.
    Image attribution tooltip
    Permission granted by Halstead
    Image attribution tooltip
    Q&A

    Upcoming 325-unit property spotlights artistry in Huntsville, Alabama

    Bordering two historic districts, Stella at Five Points is positioned to take advantage of a changing market.

    By • April 12, 2024
  • Landscape shot with trees in the foreground and a downtown skyline in the background
    Image attribution tooltip
    graphiknation via Getty Images
    Image attribution tooltip
    DEALS + STARTS

    RPM Living pays $85M for Atlanta-area asset

    The Austin, Texas-based firm bought the 407-unit apartment complex from Willow Bridge Property Co.

    By • April 11, 2024
  • A clubroom with hanging lights, tables and seating.
    Image attribution tooltip
    Permission granted by Hillpointe
    Image attribution tooltip
    Q&A

    Hillpointe rises to the top

    The firm’s fully integrated approach provides a unique competitive advantage, according to co-founder Steven Campisi.

    By • April 11, 2024
  • Business, technology, internet and networking concept. Young businessman working on his laptop in the office, select the icon Fraud prevention on the virtual display
    Image attribution tooltip
    putilich via Getty Images
    Image attribution tooltip

    Rising rental fraud comes at a cost for property managers

    Falsified applications have reduced income or increased expenses by at least 10% for most operators, according to a new report.

    By • April 9, 2024
  • a group of friends on top of a rooftop having a part with a city skyline in the background
    Image attribution tooltip
    monkeybusinessimages via Getty Images
    Image attribution tooltip
    Opinion

    Survey says operators should focus on community over frills

    More than luxurious amenities, renters want to be treated with a welcoming attitude by staff and other tenants, according to a new NMHC report.

    By Sarah Yaussi • April 9, 2024
  • A modern, high-rise apartment building with balconies and glass walls.
    Image attribution tooltip
    Permission granted by Mike Kelley
    Image attribution tooltip

    Greystar takes the top spot on owners’, managers’ and developers’ lists

    Asset Living and RPM Living are No. 2 and No. 3 respectively on the managers’ list, while MAA and Morgan Properties hold the same spots on the owners’ list.

    By • April 8, 2024
  • A two-story attaching housing property.
    Image attribution tooltip

    Google Maps

    Image attribution tooltip

    Maryland Supreme Court rules against Kushner Cos.

    The lawsuit alleges Kushner-owned Westminster Management charged fees above the state’s legal limit.

    By • April 2, 2024
  • Brick, three-story apartment building with grass and trees in the foreground.
    Image attribution tooltip
    Permission granted by Interra Realty
    Image attribution tooltip
    DEALS + STARTS

    Chicago deal fetches a near-decade high price for its submarket

    Icarus Investment Group snagged Madison Terrace in the Garfield Park neighborhood for $11 million.

    By • March 28, 2024
  • Three-story brown brick apartments surrounded by grass and trees
    Image attribution tooltip
    Permission granted by JLL
    Image attribution tooltip
    DEALS + STARTS

    Centerspace sells 2 properties for $19M total

    Last year, the REIT jettisoned 13 communities for $226.8 million as it focused on repaying debt.

    By • March 21, 2024
  • A lounge and bar area.
    Image attribution tooltip
    Permission granted by Mary Cook Associates
    Image attribution tooltip

    Properties serve up creative food, beverage offerings

    Concepts include drinks on tap, grab-and-go markets and bar spaces open to the public.

    By • Updated March 21, 2024