Rents: Page 4
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REIT Report
Essex 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 -
REIT Report
UDR turns to defense
In addition to focusing on occupancy, the REIT is using AI to combat fraud.
By Leslie Shaver • Feb. 16, 2024 -
Trendline
Top 5 stories from Multifamily Dive
A roundup of some of Multifamily Dive’s top stories of 2024.
By Multifamily Dive staff -
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 -
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 -
REIT Report
Camden 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 -
REIT Report
AVB 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 -
REIT Report
EQR 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 -
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 -
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 -
The most, least affordable cities for single renters
Women carry a higher rent burden than men in major cities, owing to gender pay gaps, according to a new study.
By Mary Salmonsen • Feb. 1, 2024 -
Fitch: Multifamily CMBS delinquencies to double in 2024
Heightened levels of new supply, slowing revenue growth and higher expenses will challenge apartments.
By Leslie Shaver • Jan. 29, 2024 -
What apartment leaders need to know for 2024
It’s anyone’s guess what will happen in the next 12 months, but these insights from multifamily pros can help bring the year into focus.
By Multifamily Dive Staff • Jan. 26, 2024 -
Q&A
Management exec sees softening in NYC metro
In the suddenly competitive market, FirstService Residential’s Marc Pollack is prioritizing service.
By Leslie Shaver • Jan. 26, 2024 -
2024 OUTLOOK
5 predictions for apartment development in 2024
As starts fall, labor and land will be impacted.
By Leslie Shaver • Jan. 24, 2024 -
Q&A
New Jersey owner caters to empty nesters
Woodmont Properties offers flexibility, storage and larger apartments.
By Leslie Shaver • Jan. 19, 2024 -
Where land is scarce and housing is costly, some cities are looking up
Jurisdictions across the country are relaxing zoning laws to allow for taller multifamily construction.
By Amanda Loudin • Jan. 19, 2024 -
2024 OUTLOOK
Where rents will go in 2024
New supply and concessions will be the headline stories in apartment markets this year.
By Leslie Shaver • Jan. 17, 2024 -
Q&A
The evolution of build to rent
As he embarks on a new role as CEO of ARK Homes For Rent, John Isakson sees an opportunity to define the BTR sector.
By Leslie Shaver • Jan. 16, 2024 -
YOY rent growth falls to lowest non-pandemic level since 2010
The national average rent is down $17 over the past five months, according to Yardi Matrix.
By Mary Salmonsen • Jan. 12, 2024 -
2024 OUTLOOK
Will 2024 see more apartment deals?
Falling rates and still-stressed owners could put more properties on the market this year.
By Leslie Shaver • Jan. 12, 2024 -
RealPage lawsuit progresses in court
However, a federal court tossed out a similar student housing antitrust suit.
By Leslie Shaver • Jan. 12, 2024 -
2024 OUTLOOK
4 multifamily trends to watch in 2024
Apartment operators will see new supply temper rent growth this year, among other challenges.
By Leslie Shaver • Jan. 9, 2024 -
Many renters on the fence about homeownership
A majority of apartment residents say rising mortgage rates have extended their home purchase timelines.
By Mary Salmonsen • Jan. 4, 2024 -
Q&A
NJ property manager takes unique approach to hiring
Sonya Bryant-Brown’s careful way of vetting prospects has led to very low turnover.
By Jennifer Goodman • Dec. 19, 2023 -
The 5 hottest neighborhoods for multifamily development
These areas have seen the largest share of new apartment units over the last several years as residents are drawn in by a lively mix of restaurants, retail spots, museums and more.
By Mary Salmonsen • Dec. 12, 2023