Rents: Page 8

  • The top of a brown high-rise apartment building.
    Image attribution tooltip
    RoschetzkyIstockPhoto via Getty Images
    Image attribution tooltip

    Rents drop due to heavy new apartment supply

    Multifamily faces headwinds from a slowing economy and a strong delivery pipeline.

    By • Oct. 13, 2023
  • Aerial picture of an apartment property.
    Image attribution tooltip
    Permission granted by Landmark Properties
    Image attribution tooltip
    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 • Oct. 12, 2023
  • a couple looks out over an apartment balcony Explore the Trendline➔
    Image attribution tooltip
    skynesher via Getty Images
    Image attribution tooltip
    Trendline

    Resident Retention

    Property managers have a variety of approaches to keep tenants satisfied.

    By Multifamily Dive staff
  • A row of homes with a red sign in the foreground that reads "FOR RENT."
    Image attribution tooltip
    Feverpitched via Getty Images
    Image attribution tooltip

    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 • Oct. 11, 2023
  • A rendering of a mid-rise student dormitory building.
    Image attribution tooltip
    Permission granted by Gilbane
    Image attribution tooltip

    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 • Oct. 11, 2023
  • Tan apartment buildings with pool in the foreground.
    Image attribution tooltip
    Permission granted by Bell Partners
    Image attribution tooltip
    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 • Oct. 10, 2023
  • Aerial view of skyscrapers in downtown Houston against cloudy sky
    Image attribution tooltip
    simonkr via Getty Images
    Image attribution tooltip

    2 more Houston properties in financial trouble

    As debt costs soar and other expenses rise, more owners in the city could be challenged.

    By • Oct. 3, 2023
  • an apartment complex
    Image attribution tooltip
    Jason Finn via Getty Images
    Image attribution tooltip
    Tracker

    Problem loans: Tracking the biggest multifamily delinquencies

    Recent distressed transactions occurred in Baltimore and Detroit.

    By • Updated April 11, 2025
  • Close-up of the exchange of keys between two hands.
    Image attribution tooltip
    Hispanolistic via Getty Images
    Image attribution tooltip

    MSCI: Apartment sales volume drops 74% YOY

    Prices fell 14.9% from last year, but the declines have begun slowing.

    By • Sept. 29, 2023
  • A covered roadway, next to a glass-walled room with artwork on the walls.
    Image attribution tooltip

    Evan Joseph

    Image attribution tooltip
    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 • Sept. 22, 2023
  • Aerial panoramic cityscape view of San Francisco skyline with high rises and water to the right.
    Image attribution tooltip
    heyengel via Getty Images
    Image attribution tooltip

    San Francisco apartments face financial challenges

    One-third of the apartment properties on Trepp’s delinquency watchlist are in the city.

    By • Sept. 20, 2023
  • A tall tower over a much shorter skyline.
    Image attribution tooltip
    Permission granted by Panepinto Properties
    Image attribution tooltip
    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 • Sept. 20, 2023
  • Close up of a person with a calculator and holding a bill.
    Image attribution tooltip
    Eleganza via Getty Images
    Image attribution tooltip

    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 • Sept. 19, 2023
  • gavel and scales
    Image attribution tooltip
    sabthai via Getty Images
    Image attribution tooltip

    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 • Sept. 14, 2023
  • A living room with a high ceiling and light green walls.
    Image attribution tooltip
    Portra via Getty Images
    Image attribution tooltip

    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 • Sept. 12, 2023
  • Three-story tan and dark modern apartment with wraparound balconies on the corners.
    Image attribution tooltip
    Permission granted by Griffis at Riata
    Image attribution tooltip
    DEALS + STARTS

    Draper and Kramer moves into Austin

    The Chicago-based owner assumed the loan on the 307-unit Griffis at Riata.

    By • Sept. 7, 2023
  • A row of homes with a red sign in the foreground that reads "FOR RENT."
    Image attribution tooltip
    Feverpitched via Getty Images
    Image attribution tooltip
    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
  • A modern-style building with "The Metropolitan" written on the side.
    Image attribution tooltip
    Courtesy of Landmark Properties
    Image attribution tooltip

    The top 10 colleges for student housing deliveries this fall

    Rents have risen 7.1% for student beds since July 2022, up to a record high of $849 per bedroom.

    By • Sept. 5, 2023
  • American flags in front of marble building
    Image attribution tooltip
    lucky-photographer via Getty Images
    Image attribution tooltip

    REITs report decelerating rent growth

    REITs show strength on the East Coast, but see less growth in the Sun Belt.

    By • Aug. 31, 2023
  • A lawn next to an apartment building, with outdoor seating along either side.
    Image attribution tooltip
    Permission granted by The Bainbridge Cos.
    Image attribution tooltip
    PROJECT SPOTLIGHT

    Bainbridge opens Greek-inspired apartments in Tampa Bay area

    Bainbridge Bayview is located directly on the water, with amenities and resident balconies overlooking the bay.

    By • Aug. 30, 2023
  • House model with agent and customer discussing for contract to buy.
    Image attribution tooltip
    Perawit Boonchu via Getty Images
    Image attribution tooltip

    Sales volume drops 76% YOY to $6B as cap rates hit 5%

    Transaction totals in July were also 53% below the $12.7 billion average during the five years before the pandemic, according to MSCI.

    By • Aug. 29, 2023
  • Gavel sitting on paper saying class action suit
    Image attribution tooltip
    Bill Oxford via Getty Images
    Image attribution tooltip

    AvalonBay dropped from RealPage suit

    More than 30 filings against the property management software provider and several apartment owners and operators have been consolidated into one case in Nashville, Tennessee.

    By • Aug. 25, 2023
  • Several rows of rectangular homes - some complete, some under construction.
    Image attribution tooltip
    Permission granted by Curve Development
    Image attribution tooltip
    PROJECT SPOTLIGHT

    New single-family rentals open north of Sacramento

    Cyrene at Meadowlands is Curve Development’s latest addition to what the company considers a growing market.

    By • Aug. 25, 2023
  • A row of single-story attached homes with green siding.
    Image attribution tooltip
    Permission granted by Heyday
    Image attribution tooltip
    PROJECT SPOTLIGHT

    New developer opens single-family rentals near Madison, Wisconsin

    Heyday Sun Prairie is the first project for the Chicago-area firm.

    By • Aug. 23, 2023
  • Wall Street sign
    Image attribution tooltip
    kevinjeon00 via Getty Images
    Image attribution tooltip
    REIT Report

    Delinquent renters drive expenses 8.5% higher for Camden

    Despite evictions and skips, low move-outs to homeownership limit turnover damage for the Houston-based REIT.

    By • Aug. 21, 2023
  • People picket outside of Paramount Pictures studios during the Hollywood writers strike on May 4, 2023 in Los Angeles, California.
    Image attribution tooltip
    David McNew via Getty Images
    Image attribution tooltip

    Apartment owners don’t feel impacts from Hollywood writers’ strike — yet

    Despite few effects so far, a prolonged work stoppage could exacerbate occupancy issues in Los Angeles.

    By • Aug. 18, 2023