Rents: Page 10

  • Aerial view from skyline with skyscrapers in Brooklyn downtown New York on the Hudson river
    Image attribution tooltip
    photovs via Getty Images
    Image attribution tooltip
    DEALS + STARTS

    Nuveen nabs 12,000 affordable housing units

    The investment manager for TIAA purchased the New York City-centric portfolio from Mo Vaughn’s Omni Holding Co.

    By • May 10, 2023
  • A Wall St. sign next to the New York Stock Exchange
    Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip
    REIT Report

    UDR reports same-store NOI growth of 11.7%

    Executives noted that new supply is forcing concessions in certain Southeastern markets.

    By • May 5, 2023
  • a couple looks out over an apartment balcony Explore the Trendline➔
    Image attribution tooltip
    skynesher via Getty Images
    Image attribution tooltip
    Trendline

    Resident Retention

    Property managers have a variety of approaches to keep tenants satisfied.

    By Multifamily Dive staff
  • A lounge with chairs and tables.
    Image attribution tooltip

    Prometheus

    Image attribution tooltip

    What are Gen Z tenants looking for in apartments?

    The newest renter cohort is growing up and moving out. Here’s how they differ from millennials.

    By • May 5, 2023
  • A garden-style apartment building in a wooded setting.
    Image attribution tooltip
    Permission granted by S.L. Nusbaum Realty Co.
    Image attribution tooltip
    DEALS + STARTS

    New affordable housing coming to Williamsburg, Virginia

    The $26 million 2 Rivers Apartment Homes will fill a strong need for affordable housing in a growing area. 

    By • May 4, 2023
  • A man walks by the New York Stock Exchange (NYSE) in New York City.
    Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip
    REIT Report

    3 trends driving MAA’s performance

    The REIT’s portfolio is insulated from new supply, CEO Eric Bolton said on last week’s earnings call.

    By • May 3, 2023
  • Two tall apartment towers flanking a green lawn.
    Image attribution tooltip
    Permission granted by Madison Realty Capital
    Image attribution tooltip

    Residential tower in Queens, New York, includes a new public school

    The first apartment tower at Woodside Central is open for leasing, with the school, retail and a pedestrian plaza underway.

    By • May 1, 2023
  • Photo of stock exchange letters.
    Image attribution tooltip
    Pgiam via Getty Images
    Image attribution tooltip
    REIT Report

    Equity Residential’s same-store revenue is better than anticipated

    New York posts 19% growth, but California floods drive up expenses and San Francisco and Seattle struggle with concessions.

    By • April 28, 2023
  • 61 Banks
    Image attribution tooltip
    Permission granted by Draper and Kramer
    Image attribution tooltip

    Size, location matter most to wealthy renters

    Affluent tenants expect that their larger rent payments will translate into larger units, multifamily developers say.

    By Robyn Griggs Lawrence • April 24, 2023
  • Closeup of a Houston map with a red pin.
    Image attribution tooltip
    zimmytws via Getty Images
    Image attribution tooltip

    Texas foreclosures foreshadow Class C troubles

    The Applesway Investment Group portfolio suffered from neglect and changing market conditions.

    By • April 24, 2023
  • Key in the door lock in front of an apartment living room
    Image attribution tooltip
    peterschreiber.media via Getty Images
    Image attribution tooltip

    After 4 months of decline, rent growth turns positive

    Despite bank collapses and market volatility, multifamily fundamentals remain stable, according to Yardi Matrix.

    By • April 12, 2023
  • A row of electric vehicle chargers.
    Image attribution tooltip
    Young777 via Getty Images
    Image attribution tooltip

    The country’s most EV-friendly metros

    While only 4.7% of multifamily buildings nationwide offer electric vehicle charging stations, the concentration varies widely from place to place.

    By • April 10, 2023
  • An eviction notice posted on the front door of a home.
    Image attribution tooltip
    Vyacheslav Dumchev/iStock/Getty Images Plus via Getty Images
    Image attribution tooltip

    Evictions rose in cities after a national moratorium ended in 2021

    There are many policies cities can use to protect renters from losing their homes aside from eviction bans, housing experts say.

    By Karen Kroll • April 6, 2023
  • An apartment building at sunset.
    Image attribution tooltip
    deepblue4you via Getty Images
    Image attribution tooltip

    National average rent unchanged in February

    Affordability, economic conditions and supply and demand will determine the near-term future of the spring renting season.

    By • March 16, 2023
  • A rendering of The Junction of Scottsdale, a garden-style apartment community.
    Image attribution tooltip
    Permission granted by Mia Rose Holdings
    Image attribution tooltip
    DEALS + STARTS

    Developer breaks ground on third community in Northwest Arkansas

    With The Junction of Scottsdale, Mia Rose Holdings has 614 units underway in the region.

    By • March 15, 2023
  • The top of a brown high-rise apartment building.
    Image attribution tooltip
    RoschetzkyIstockPhoto via Getty Images
    Image attribution tooltip

    The cities with the highest, lowest rental vacancy rates

    The national rate has held relatively steady over the past four quarters, according to Census data.

    By • March 9, 2023
  • The Justice Department seal
    Image attribution tooltip
    Mark Wilson via Getty Images
    Image attribution tooltip

    Senators urge DOJ to investigate RealPage

    The group of legislators recently wrapped up an investigation of the firm’s rent-setting software.

    By • March 8, 2023
  • Grey two-story homes with driveways in the foreground.
    Image attribution tooltip
    Permission granted by Wolfson Development
    Image attribution tooltip
    Q&A

    Are the BTR capital markets coming back?

    Wolfson Development’s CEO thinks investors see safety in single-family rentals, even if the days of 40% rent growth in Florida are over.

    By • March 1, 2023
  • Street signs for the intersection of Wall St. and Broad St., with the stripes of an American flag in the background.
    Image attribution tooltip
    Michael Santiago/Getty Images via Getty Images
    Image attribution tooltip

    REITS report ‘cautious optimism’

    Multifamily Dive examines each of the major REITs’ most recent earnings report and their outlook for the year to come.

    By • Feb. 22, 2023
  • Fired man packing his stuff in a box as he cleaning his workplace before leaving the office
    Image attribution tooltip
    yacobchuk via Getty Images
    Image attribution tooltip

    Why apartment owners are brushing off the tech industry’s layoffs (so far)

    The impact of job cuts has been limited up until now — will the rental market stay resilient?

    By • Feb. 21, 2023
  • A pool area with waterfalls, surrounded by palm trees, in the early evening.
    Image attribution tooltip
    Permission granted by Housing Trust Group
    Image attribution tooltip
    PROJECT SPOTLIGHT

    Housing Trust Group opens second upscale community in Phoenix metro

    Aviva – Goodyear in Arizona is 78% leased as of its opening.

    By • Feb. 17, 2023
  • Wall Street sign
    Image attribution tooltip
    kevinjeon00 via Getty Images
    Image attribution tooltip
    REIT Report

    Equity Residential sees positive employment signs amid uncertainty

    The REIT nears the finish line with some centralization initiatives as it works to corral costs.

    By • Feb. 17, 2023
  • 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

    AvalonBay pushes forward with expansion goals

    On its earnings call last week, the REIT said it sees signs of rent growth heading into spring leasing.

    By • Feb. 15, 2023
  • Aerial view of three-story apartment complex.
    Image attribution tooltip
    Permission granted by RailField
    Image attribution tooltip
    Q&A

    Why it’s easier to get affordable deals done right now

    RailField Partners' chief investment officer provides insight into which deals are crossing the finish line.

    By • Feb. 14, 2023
  • low-rise red apartment building
    Image attribution tooltip
    Andrey Sayfutdinov via Getty Images
    Image attribution tooltip

    Rents remain flat, but pros are cautiously optimistic

    Even though rent growth is on the decline year over year, job growth is strong and household incomes are stable, says Yardi Matrix.

    By • Feb. 13, 2023
  • People walk down Wall Street in New York City.
    Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip
    REIT Report

    Tech sector layoffs, eviction concerns stymie Essex’s growth

    The REIT continues to make progress on its centralized property functions and revenue management system, it said during a recent earnings call.

    By • Feb. 13, 2023