Rents

  • The Federal Reserve building at sunset.
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    Douglas Rissing via Getty Images
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    Rents remain flat ahead of potential rate cut this month

    The national average rent has fallen by $1, ending six months of gains, while YOY rent growth holds steady at 0.8%.

    By • Sept. 9, 2024
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    nathaphat via Getty Images
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    RealPage lawyer says nonpublic information leads to lower rents

    On a call with reporters Monday, a company attorney said it aggregates and anonymizes data used in its pricing recommendations.

    By • Aug. 27, 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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    Milenny via Getty Images
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    REIT Report

    3 things to know from Camden’s earnings call

    The Texas-based REIT still faces heavy supply in many markets, though demand remains strong.

    By • Aug. 21, 2024
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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

    Bad debt not enough to weigh AVB down

    The Virginia-based REIT outperformed again in Q2 with an increase in same-store and development NOI.

    By • Aug. 20, 2024
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    art2002 via Getty Images
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    REIT Report

    MAA in the ‘worst of the storm’ with new supply

    The REIT plans to get more aggressive on the development and acquisition fronts as it sees better days ahead in 2025 and beyond.

    By • Aug. 14, 2024
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    rabbit75_ist/iStock/Getty Images Plus via Getty Images
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    REIT Report

    Essex predicts West Coast rebound

    The California-based REIT increased NOI and revenue guidance for 2024.

    By • Aug. 12, 2024
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    kevinjeon00 via Getty Images
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    REIT Report

    UDR raises guidance despite Sun Belt softness

    New leases continue to be challenging due to supply, but the REIT credits a customer service initiative with helping to boost renewals.

    By • Aug. 7, 2024
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    Hispanolistic via Getty Images
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    5 things to think about when you decide to centralize

    Moving functions off-site may bring benefits, but it's not without hurdles. Here's what operators need to know.

    By • Aug. 6, 2024
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    BildWerk via Getty Images
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    Apartmentalize 2024

    How the right unit amenities can boost rent

    Examining a property’s unit pricing can help managers find new revenue sources, according to panelists at Apartmentalize. 

    By • Aug. 6, 2024
  • An aerial view of a city skyline at sunset over a river.
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    DutcherAerials via Getty Images
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    Rent growth starts to rebound in some Sun Belt markets

    The national average rent rose for the sixth straight month in July, according to Yardi Matrix.

    By • Aug. 5, 2024
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    hapabapa via Getty Images
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    REIT Report

    EQR outperforms expectations

    Despite challenges in the Sun Belt, moderating expenses and strong coastal performance helped the REIT in the second quarter.

    By • Aug. 5, 2024
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    Permission granted by Virtú Investments
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    Q&A

    Investor sells in the Sun Belt, buys in California

    When cap rates fell below 3% in Phoenix, Virtú Investments CEO Mike Green knew it was time to shift to lower-supply markets.

    By • Aug. 1, 2024
  • Orange apartments leasing sign
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    Michael Vi via Getty Images
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    Market tightness hits 2-year high

    While vacancies are still rising and rent growth is low, some pros feel the market is at a turning point, according to the NMHC’s sentiment survey.

    By • July 25, 2024
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    DOJ reportedly planning RealPage civil suit

    The Justice Department is probing the exchange of pricing information and even vacancy rates, according to Politico.

    By • July 17, 2024
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    ewg3D via Getty Images
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    Despite headwinds, rent growth remains positive

    Rents rose 1.5% in the first half of 2024 and 1% in the second quarter, trending below the historical average.

    By • July 12, 2024
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    Sundry Photography via Getty Images
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    Unit turnover, move-outs to buy drop

    High home prices, fewer listings and lifestyle preferences are keeping renters in one place, according to a new study.

    By • July 8, 2024
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    Zolnierek via Getty Images
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    RealPage breaks silence on antitrust allegations

    Amid dozens of lawsuits and a DOJ investigation, the company issued a statement to correct what it said are factual inaccuracies around its revenue management software.

    By • June 27, 2024
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    Permission granted by Leon Capital Group
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    Q&A

    Inside a Dallas developer’s plan for 2,000 starts this year

    The president of Leon Capital Group’s multifamily division sees an opportunity to deliver new apartments into rent growth.

    By • June 20, 2024
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    Permission granted by Palladius Capital Management
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    DEALS + STARTS

    Palladius Capital Management grabs a student property in San Antonio

    CEO Nitin Chexal explains why the firm has invested $170 million along the I-35 corridor over the last 12 months.

    By • June 18, 2024
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    Davel5957 via Getty Images
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    The most sought-after destinations for renters this spring

    Select Midwest metros remain the most popular cities searched for by apartment hunters.

    By • June 18, 2024
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    Permission granted by Nuveen
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    Nuveen strikes $100M deal with CalPERS

    The nation’s fourth-largest owner is working to preserve housing for residents earning less than 80% of the area median income.

    By • June 14, 2024
  • For rent sign In front of a Row of apartments
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    Feverpitched via Getty Images
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    Average rent rises to all-time high despite slow YOY growth

    While market performance is following normal seasonal patterns, large delivery pipelines are a headwind on rents in the Sun Belt and other markets, according to Yardi.

    By • June 11, 2024
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    Permission granted by Cushman & Wakefield Multifamily Asset Services
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    Q&A

    Woody Stone sees more M&A coming in the management space

    The president of Cushman & Wakefield Multifamily Asset Services says some larger owners are moving to limit the number of operators they work with.

    By • June 11, 2024
  • Entrance to the FBI Building in Washington, DC.
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    drnadig via Getty Images
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    FBI raids Cortland office

    The Atlanta-based owner and operator confirmed the search but said the company and its employees are not targets of the investigation.

    By • June 6, 2024
  • Brick apartment building
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    Retrieved from The Lanes at Union Market.
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    Ranger Properties’ Washington, DC, building sold at auction

    HH Fund bought the 110-unit project in the city’s Union Market neighborhood for $38.3 million.

    By • May 31, 2024