Rents: Page 5
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REIT Report
Essex sees delinquencies drop in October
The REIT predicts growth potential from tech jobs in its West Coast markets, with limited new supply competition.
By Leslie Shaver • Nov. 14, 2023 -
Sponsored by Apartments.com
Mid-priced apartments drive a potential multifamily recovery
The multifamily market has begun to approach stabilization in the third quarter. However this normalization trend has shown stark divides among property classes.
Nov. 13, 2023 -
Trendline
Top 5 stories from Multifamily Dive
A roundup of some of Multifamily Dive’s top stories of 2024.
By Multifamily Dive staff -
REIT Report
‘Unprecedented’ concessions from competitors put pressure on UDR
Sun Belt supply is an issue, but the REIT also sees increased competition on the coasts.
By Leslie Shaver • Nov. 9, 2023 -
REIT Report
Bad debt, oversupply suppress Camden’s Q3 results
Delinquencies, skips, fraud and lease breaks have jumped for the firm in the second half of the year.
By Leslie Shaver • Nov. 7, 2023 -
REIT Report
AVB adjusts return expectations on new development
Move-outs to new homes fell for AvalonBay, but executives expect market deceleration in 2024.
By Leslie Shaver • Nov. 2, 2023 -
REIT Report
MAA’s new lease rents fall due to competitors’ concessions
A glut of new supply is providing obstacles and opportunities for the REIT.
By Leslie Shaver • Oct. 31, 2023 -
Seasonality, supply will be a double whammy for operators this winter
Lease renewal management and concessions can help when demand softens, industry pros say.
By Leslie Shaver • Oct. 24, 2023 -
Sponsored by Apartments.com
10 markets where rent growth is outpacing inflation
Even as national rent growth has fallen below inflation, these markets are seeing rent growth exceeding the latest inflation rate. Is yours on the list?
Oct. 23, 2023 -
FTC drafts ban on junk fees
The proposal would prohibit businesses from advertising prices or rents that leave out mandatory additional costs.
By Mary Salmonsen • Oct. 17, 2023 -
Sponsored by Apartments.com
Is the multifamily market finally stabilizing?
The last few years have seen rocketing growth and dramatic declines in the multifamily market. This may be changing, as rent growth appears to be normalizing and the trajectory for vacancy rates has begun to flatten.
Oct. 16, 2023 -
Rents drop due to heavy new apartment supply
Multifamily faces headwinds from a slowing economy and a strong delivery pipeline.
By Mary Salmonsen • Oct. 13, 2023 -
Q&A
How centralization can smooth an operator’s expansion to BTR
Georgia-based Landmark Properties is known for student housing. Now it's moving into single-family rentals.
By Leslie Shaver • Oct. 12, 2023 -
Turnover costs hold steady at nearly $4,000 per resident
The lost revenue associated with flipping an apartment adds up, but there are things owners can do to keep renters in place, according to a new report.
By Jennifer Goodman • Oct. 11, 2023 -
Moody’s: Student housing sees rebound
Occupancy and rental rates have jumped since the pandemic, but inflation remains a hurdle for owners and developers.
By Leslie Shaver • Oct. 11, 2023 -
Q&A
Cindy Clare: Budgeting is a lot harder right now
As the market returns to seasonal patterns and supply increases, operators are preparing for a more volatile year.
By Leslie Shaver • Oct. 10, 2023 -
2 more Houston properties in financial trouble
As debt costs soar and other expenses rise, more owners in the city could be challenged.
By Leslie Shaver • Oct. 3, 2023 -
Tracker
Problem loans: Tracking the biggest multifamily delinquencies
Recent distressed transactions occurred in Baltimore and Detroit.
By Leslie Shaver • Updated Oct. 17, 2024 -
MSCI: Apartment sales volume drops 74% YOY
Prices fell 14.9% from last year, but the declines have begun slowing.
By Leslie Shaver • Sept. 29, 2023 -
PROJECT SPOTLIGHT
Leasing begins at 200-unit, 27-story tower in the Bronx
Maven, located in the Mott Haven neighborhood, features custom artwork panels by local and international artists.
By Mary Salmonsen • Sept. 22, 2023 -
DEALS + STARTS
$338M high-rise breaks ground in Jersey City’s booming Journal Square
499 Summit Avenue’s 53-story tower will add 605 units to over 20,000 that are newly built or in development nearby.
By Mary Salmonsen • Sept. 20, 2023 -
San Francisco apartments face financial challenges
One-third of the apartment properties on Trepp’s delinquency watchlist are in the city.
By Leslie Shaver • Sept. 20, 2023 -
Sticker shock: Expenses jump almost 10%
Insurance, repairs and maintenance are helping to drive the increases at multifamily properties, according to a Yardi report.
By Leslie Shaver • Sept. 19, 2023 -
Yardi, 18 managers hit with antitrust lawsuit
The class-action complaint cites research showing that operators using the firm’s pricing software had rents 6% higher than the market rate in some cities.
By Leslie Shaver • Sept. 14, 2023 -
While demand remains strong, rent growth continues to fall
Operating expenses are on the rise across the country, driven by insurance costs, according to Yardi Matrix.
By Mary Salmonsen • Sept. 12, 2023 -
Opinion
Concessions are here to stay, and other takeaways from a PRM veteran
Donald Davidoff has learned a thing or two in the nearly 25 years since pricing and revenue management software was introduced to the industry.
By Donald Davidoff • Sept. 7, 2023