Operations: Page 5

  • Aerial view from skyline with skyscrapers in Brooklyn downtown New York on the Hudson river
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    photovs via Getty Images
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    Brooklyn properties transferred to servicing

    Three of Conway Capital’s New York City properties are delinquent despite strong occupancy.

    By • March 19, 2024
  • Detached homes with a parking lots, cars and a pond in the foreground
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    Permission granted by Champion Real Estate Co.
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    Q&A

    Student housing firm sets sights on Power Five conference schools

    Champion Real Estate avoids the amenity wars by purchasing and renovating older properties.

    By • March 15, 2024
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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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    kelvn via Getty Images
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    Q&A

    How operators can use big data

    A framework for analyzing disparate data sets can help providers notice and take advantage of patterns, according to a tech consultant.

    By • March 14, 2024
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    Courtesy of Capital Square
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    EXECUTIVE MOVES

    Capital Square names Jay Olander as president and CFO

    A 40-year real estate veteran, Olander will also serve as CFO and treasurer of Capital Square’s REIT.

    By • March 13, 2024
  • Three-story, multi-colored apartments with balconies.
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    vkyryl via Getty Images
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    REITs see hurdles for new acquisitions

    With asking cap rates still around 5% in many markets, most executives think sellers need to adjust prices.

    By • March 13, 2024
  • A rendering of a mid-rise apartment building.
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    Permission granted by Hartz Mountain Industries
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    PROJECT SPOTLIGHT

    Hoboken Point caters to NYC-area ‘hybrid’ professionals

    The Weehawken, New Jersey, property that will be managed by Greystar includes a 5,200-square-foot coworking center.

    By • March 12, 2024
  • The exterior of the Department of Justice in Washington, D.C.
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    robertcicchetti via Getty Images
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    FTC, DOJ argue against dismissal of Yardi antitrust case

    The agencies contend that competitors must not agree to advertised list prices, even if actual rents vary from that starting point. 

    By • March 8, 2024
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    Maksym Belchenko via Getty Images
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    FCC proposal would eliminate broadband bulk billing arrangements

    If approved, multifamily housing companies would not be able to choose an internet, cable or satellite provider for a property.

    By • March 8, 2024
  • A red construction frame in front of a high-rise building under construction.
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    JARAMA via Getty Images
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    NAHB: Multifamily starts will continue to decline in 2024

    New construction is expected to drop 20% this year, while rents should fall as supply comes online, the association said.

    By • March 6, 2024
  • hand is writing with a pen on a rental agreement document, house keys in the background,
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    fermate via Getty Images
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    Some employers consider offering help with housing payments

    One in four employees say they would switch jobs to gain this benefit.

    By • March 5, 2024
  • Apartment building under construction surrounded by high rises.
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    Joe Raedle via Getty Images
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    Multifamily developer confidence remains negative

    Tight lending standards and high loan costs have put pressure on the industry.

    By • March 4, 2024
  • BH Management Services, Southtowne Apartments
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    Permission granted by BH Management Services
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    Pretium acquires BH Management Services

    The Des Moines, Iowa-based No. 8 apartment operator in the country has a portfolio of multifamily, student and single-family housing.

    By • March 1, 2024
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    Laurence Dutton via Getty Images
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    How multifamily pros can use generative AI wisely

    Before deploying these tools, users should have an understanding of what they can and can’t do — and how they might not work as expected.

    By • Feb. 28, 2024
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    JaysonPhotography via Getty Images
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    REIT Report

    MAA sees new lease pricing improve after 7% fall

    The REIT’s blended pricing rose 130 basis points in January, and the firm expects fundamentals to improve as the year plays out.

    By • Feb. 26, 2024
  • A row of homes with a red sign in the foreground that reads "FOR RENT."
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    Feverpitched via Getty Images
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    Invitation aims to buy up to $1B in houses in 2024

    The single-family rental owner is also looking to expand its new third-party management business.

    By • Feb. 23, 2024
  • Two American Staffordshire Terriers are lying in the grass.
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    hamikus via Getty Images
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    Arizona bill prohibits dog breed restrictions at multifamily properties

    Another proposal in California would require property owners to accept all common pets.

    By • Feb. 22, 2024
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    Pgiam via Getty Images
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    REIT Report

    Essex sees improvements in delinquencies

    Although the REIT operates in relatively low-supply markets, it only expects 1.25% in rent growth.

    By • Feb. 21, 2024
  • A rendering of a streetscape with The Field Residences written on one of the buildings.
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    Courtesy of Riverside Investment & Development
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    5 of the largest office conversions underway across the US

    Over 55,000 residential units are in the pipeline, concentrated in major metros.

    By • Feb. 21, 2024
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    gremlin via Getty Images
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    Sponsored by AppFolio

    3 ways property managers can respond to the changing market

    Data-backed guidance on increasing operational efficiency and resident experience in today’s market.

    By Stacy Holden, Senior Director, Industry Principal at AppFolio Inc • Feb. 20, 2024
  • View from the the ground looking up at high rises and Wall St. and Front St. signs.
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    franckreporter via Getty Images
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    REIT Report

    UDR turns to defense

    In addition to focusing on occupancy, the REIT is using AI to combat fraud.

    By • Feb. 16, 2024
  • Sign on doorway for the Federal Trade Commission in Washington, D.C.
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    LD via Getty Images
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    FTC junk fee proposal lacks ‘utility,’ real estate groups say

    The 11 associations, including the NMHC and NAA, say the rule is “too broad” for multifamily application.

    By • Feb. 16, 2024
  • Close-up stock photograph showing a touchscreen monitor on which a woman’s hand is asking an AI chatbot pre-typed questions.
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    Laurence Dutton via Getty Images
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    5 ways AI is transforming the apartment industry

    Both predictive and generative tools have seen applications in leasing, marketing and data analysis.

    By • Feb. 14, 2024
  • A street sign marks the intersection of Wall and Broad Streets in Manhattan.
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    rabbit75_ist/iStock/Getty Images Plus via Getty Images
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    REIT Report

    Camden expects a ‘transition year’ for supply, with the highest concessions in Nashville and Austin

    Overall, the firm predicts property revenues to fall between 0.5% to 2.5%, with Southern California leading the way.

    By • Feb. 14, 2024
  • Low angle view of the Stock Exchange sign on the facade of the New York Stock Exchange on Wall street, Manhattan.
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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

    AVB generated $10M from its AvalonConnect rollout in 2023

    Like EQR, the REIT expects a slower year in 2024 with NOI growth of 1.25%.

    By • Feb. 12, 2024
  • A tall, white room with desks.
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    Permission granted by Cortland
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    Q&A

    Cortland names new architecture lead

    Bill Davis brings a holistic approach to his new role as executive vice president of design and architecture at the Atlanta-based developer, owner and manager.

    By • Feb. 9, 2024