Rents: Page 2

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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
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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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    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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    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
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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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    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 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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    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
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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
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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
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    hapabapa via Getty Images
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    REITs beat expectations in Q1

    Strong occupancy and resident retention set the stage for outperformance.

    By • May 23, 2024
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    REIT Report

    Renewal and new lease rates diverge for MAA

    The REIT’s existing residents paid 5% more YOY in Q1, but supply pushed new rents down 6.2%.

    By • May 20, 2024
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    REIT Report

    Camden sees favorable trends in insurance, taxes and bad debt

    Although supply remains a problem, demand is durable in the REIT’s markets.

    By • May 15, 2024
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    Rents are on the rise again, moving close to all-time highs

    Although multifamily operators face challenges including rising costs and high interest rates, demand is keeping absorption consistent in most markets.

    By • May 15, 2024
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    REIT Report

    UDR plans to back off of high occupancy to boost rents

    Despite solid results, the REIT isn’t raising its full-year guidance.

    By • May 13, 2024
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    REIT Report

    Essex raises revenue guidance

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

    By • May 8, 2024
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    Permission granted by Bozzuto
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    DEALS + STARTS

    Bozzuto makes first acquisition in 16 years with Gables purchase

    With development becoming more difficult to underwrite, the company is focused on buying stabilized properties on the East Coast.

    By • May 7, 2024
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    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