Rents: Page 3
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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 Mary Salmonsen • April 9, 2024 -
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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 Mary Salmonsen • April 3, 2024 -
Explore the Trendline➔
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TrendlineTop 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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Opinion5 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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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 Mary Salmonsen • March 25, 2024 -
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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 Leslie Shaver • March 25, 2024 -
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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 Leslie Shaver • March 25, 2024 -
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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 Mary Salmonsen • March 18, 2024 -
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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 Leslie Shaver • March 18, 2024 -
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Q&AStudent housing firm sets sights on Power Five conference schools
Champion Real Estate avoids the amenity wars by purchasing and renovating older properties.
By Leslie Shaver • March 15, 2024 -
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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 Leslie Shaver • March 12, 2024 -
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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 Leslie Shaver • March 8, 2024 -
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DEALS + STARTSBlighted 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 Leslie Shaver • March 7, 2024 -
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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 Leslie Shaver • March 4, 2024 -
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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 Mary Salmonsen • Feb. 26, 2024 -
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REIT ReportMAA 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 Leslie Shaver • Feb. 26, 2024 -
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Apartment starts fall 38%
Developers completed 538,000 units during January, a 53.7% YOY jump.
By Leslie Shaver • Feb. 22, 2024 -
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REIT ReportEssex sees improvements in delinquencies
Although the REIT operates in relatively low-supply markets, it only expects 1.25% in rent growth.
By Leslie Shaver • Feb. 21, 2024 -
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REIT ReportUDR turns to defense
In addition to focusing on occupancy, the REIT is using AI to combat fraud.
By Leslie Shaver • Feb. 16, 2024 -
Permission granted by UDR
UDR assumes ownership of Mill Creek lease-up development in Oakland
The REIT had provided $45.2 million in preferred equity for the 173-unit asset.
By Leslie Shaver • Feb. 15, 2024 -
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Weak rent growth on the horizon for 2024
The national average rent was unchanged last month as new supply dampened prices, according to Yardi Matrix.
By Mary Salmonsen • Feb. 15, 2024 -
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REIT ReportCamden 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 Leslie Shaver • Feb. 14, 2024 -
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REIT ReportAVB 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 Leslie Shaver • Feb. 12, 2024 -
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REIT ReportEQR sees renewal rents above 5%
The REIT expects to see costs fall in 2024, including those from payroll, maintenance and repair.
By Leslie Shaver • Feb. 7, 2024 -
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Senators introduce bill to prevent use of algorithms to raise rent
If passed, the legislation would make rent coordination a violation of the Sherman Act.
By Mary Salmonsen • Feb. 7, 2024 -
Permission granted by National Multifamily Housing Council
4 takeaways from the NMHC conference
The association’s packed event in San Diego last week featured lots of commentary about housing supply.
By Leslie Shaver • Feb. 6, 2024
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