Rents: Page 3

  • Brown brick apartment buildings with streets in the foreground.
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    Permission granted by Carleton Cos.
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    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
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    miroslav_1 via Getty Images
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    MLG Capital uses unique approach to make $51M buy in Denver

    The Wisconsin-based firm bought Lowry North in a transaction that provided tax benefits to the seller.

    By • May 3, 2024
  • A block of apartment complexes Explore the Trendline➔
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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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    franckreporter via Getty Images
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    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
  • San Francisco skyline at night
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    iStock/Getty via Getty Images
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    $1.5B San Francisco loan heads to servicing

    Maximus Real Estate Partners owns Parkmerced, a 3,221-unit housing complex in San Francisco.

    By • April 30, 2024
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    Permission granted by Greystar
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    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
  • Orange apartments leasing sign
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    Michael Vi via Getty Images
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    Gen Z to pay $145K in rent by age 30

    While millennials paid less for rent in their 20s than their younger counterparts, they also earned less on average.

    By • April 18, 2024
  • The Spokane, Washington, cityscape.
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    Solidago via Getty Images
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    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
  • A clubroom with hanging lights, tables and seating.
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    Permission granted by Hillpointe
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    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
  • Angle view of an apartment building with a cloudy sky.
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    Kirpal Kooner via Getty Images
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    Rent growth sees largest gain in 20 months

    The national average rent rose $8 in March, and demand for units remains strong.

    By • April 10, 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
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    putilich via Getty Images
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    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
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    fluxfoto via Getty Images
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    Nearly half of renters still pay by check

    A new report says that ACH payments are the top choice when it comes to electronic options.

    By • April 3, 2024
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    miniseries via Getty Images
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    Opinion

    5 steps to mitigate revenue management software risks

    As the multifamily sector comes under unprecedented levels of antitrust scrutiny, owners and managers must take steps to protect themselves, attorney David D. Cross says.

    By David D. Cross • March 29, 2024
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    felixmizioznikov/iStock/Getty Images Plus via Getty Images
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    Renter competition runs hot in Midwest, Sun Belt markets

    In some cities, demand for units is high and new supply is low or even nonexistent.

    By • March 25, 2024
  • Atlanta skyline over Piedmont Park
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    Marilyn Nieves via Getty Images
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    The cities with the largest volume of loan maturities

    Atlanta, Dallas and Denver lead the way, as $525 billion in overall apartment loans are expected to mature by 2029.

    By • March 25, 2024
  • The exterior of the Department of Justice in Washington, D.C.
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    robertcicchetti via Getty Images
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    Report: DOJ opens criminal probe into RealPage, multiple landlords

    The Justice Department also has an ongoing civil investigation into the data and software provider.

    By • March 25, 2024
  • A condominium building with white walls and an angular roof.
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    ntzolov via Getty Images
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    Rents rise slightly, ending 7-month decline

    Market trends are in flux, with deliveries on the rise and occupancy falling.

    By • March 18, 2024
  • Brown residential buildings with blue sky
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    Arturo Rosenow via Getty Images
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    Multifamily logs biggest jump in distress in 18 months

    The sector’s 80 bps increase was higher than any other commercial real estate segment.

    By • March 18, 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
  • San Francisco skyline
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    georgeclerk via Getty Images
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    More Veritas apartments hit the market in San Francisco

    The owner has defaulted on $1 billion worth of loans that were backed by more than 2,450 apartments across the city.

    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
  • Light-coloroed high rise with balconies.
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    Permission granted by KMA Design Studio
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    DEALS + STARTS

    Blighted New Jersey tower changes hands

    Hudson Valley Property Group worked for two years to cobble together financing to close the 21-story Northgate Apartments in Camden.

    By • March 7, 2024
  • Close up shiny wooden law gavel in dark brown color on top of a wooden table in an office.
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    Stock Photo via Getty Images
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    Arizona AG sues RealPage, multiple landlords

    The state alleges that the firm’s revenue management software compiles competitively sensitive lease data on pricing and occupancy.

    By • March 4, 2024
  • The Colorado Capitol building.
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    4nadia via Getty Images
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    For-cause eviction bill passes in Colorado House

    The legislation, which lays out specific reasons for evictions, now moves to the Senate.

    By • Feb. 26, 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
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    ribeirorocha via Getty Images
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    Apartment starts fall 38%

    Developers completed 538,000 units during January, a 53.7% YOY jump.

    By • Feb. 22, 2024