Transactions
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Alfred, RKW Residential, Quarterra Living combine forces
The new platform will operate approximately 52,000 residences, representing over $20 billion of assets.
By Leslie Shaver • June 6, 2025 -
DEALS + STARTS
EQR to purchase 8 apartment properties for $535M
The REIT expects the acquisition of the 2,064 units in Atlanta to be accretive in the second year of ownership.
By Leslie Shaver • June 3, 2025 -
DEALS + STARTS
Harbor Group reportedly acquires 3,590 apartment units for $625M
The Virginia-based firm purchased the 11 Sun Belt properties from a joint venture consisting of David Werner, Onyx Partners and Carlton Associates.
By Leslie Shaver • June 2, 2025 -
Apartment sales volume jumps 20% to $9.2B in April
Multifamily prices fell 1% year over year after dropping at a 7.3% annual pace a year ago, but REIT executives aren’t seeing tariff-related impacts on valuations yet.
By Leslie Shaver • May 28, 2025 -
New Funds
Mesirow raises $1.2B for value-add apartments
The Chicago-based firm will focus on multifamily properties needing upgrades in the top 30 U.S. markets.
By Leslie Shaver • May 27, 2025 -
https://www.gettyimages.com/detail/photo/stock-exchange-sign-royalty-free-image/157338910?phrase=wall%20street&adppopup=true via Getty ImagesREIT Report
AvalonBay braces for signs of trouble in DC rental market
CEO Ben Schall also said the softness in the REIT’s expansion markets could provide opportunities to add assets.
By Leslie Shaver • May 19, 2025 -
DEALS + STARTS
RADCO launches value-add brand with 615-unit apartment buy
With the purchase of Legacy at Riverdale, the Atlanta-based firm makes its first acquisition of this cycle.
By Leslie Shaver • May 16, 2025 -
CMBS delinquencies for apartments reach highest point since 2015
The rate has risen 524 basis points over the past 12 months, according to Trepp.
By Leslie Shaver • May 14, 2025 -
How investors are closing deals despite Treasury volatility
In this environment, success depends on “disciplined underwriting, aggressive stress testing and staying flexible,” according to an executive.
By Leslie Shaver • May 12, 2025 -
International multifamily investors undeterred by US trade turbulence
While a majority of foreign financiers have a negative outlook for U.S. property, 44% still plan to grow their holdings in 2025, according to a new report.
By Mary Salmonsen • May 9, 2025 -
DEALS + STARTS
CAPREIT acquires 2 Maryland properties
The North Bethesda, Maryland-based firm has dedicated $5 million toward upgrades, which will include a refresh of building exteriors, amenities and common areas.
By Leslie Shaver • May 9, 2025 -
REIT Report
EQR hits all-time low for turnover
The 7.9% rate was due in part to the Chicago-based REIT’s centralized renewal process, according to COO Michael Manelis.
By Leslie Shaver • May 6, 2025 -
DEALS + STARTS
American South Capital Partners buys New Orleans apartment property
The firm utilized Community Development Block Grant dollars to make the underwriting feasible amid rising insurance costs.
By Leslie Shaver • May 5, 2025 -
Three Steps Properties buys troubled Oakland apartments for $78M
An affiliate of Union Labor Life Insurance Co. sold the 206-unit Zo residential tower.
By Leslie Shaver • May 2, 2025 -
DEALS + STARTS
Altus Equity Group acquires 1,225 units in Texas
The Odessa Multifamily Portfolio boasts a 92% occupancy rate and a forecasted year-one yield exceeding 10%.
By Leslie Shaver • May 1, 2025 -
Apartment deal volume jumps 7%, hitting $30B in Q1
While recent tariff news has had a “dizzying effect” on the public equity and bond markets, multifamily performance “never responds to shocks in a single quarter,” the MSCI report said.
By Leslie Shaver • April 29, 2025 -
Q&A
Why student housing is bucking the transaction freeze
As property sales have faltered for traditional multifamily, a Coastal Ridge executive notes that off-campus property sales have remained healthy.
By Leslie Shaver • April 25, 2025 -
DEALS + STARTS
Ashcroft Capital buys Orlando property from DR Horton
Birchstone Waterleigh will be the New York City-based firm’s seventh acquisition in the area.
By Leslie Shaver • April 24, 2025 -
New Funds
Kennedy Wilson, Tokyu Land team up for $200M investment
The firms created a platform to provide preferred equity and mezzanine real estate investments for multifamily and industrial projects nationwide.
By Leslie Shaver • April 23, 2025 -
DEALS + STARTS
Georgia apartment complex sells for record price
A private buyer from Tennessee bought the Valdosta property for $18.3 million.
By Leslie Shaver • April 21, 2025 -
CMBS delinquencies soar
The March rate is the highest since December 2015, according to Trepp.
By Leslie Shaver • April 14, 2025 -
New Funds
Vistria raises more than $2.5B for affordable housing
The firm has already acquired 7,000-plus units with the fund, which launched in March 2023.
By Leslie Shaver • April 14, 2025 -
San Francisco property goes into receivership
The $980 million portion of the $1.5 billion senior loan backing Parkmerced went delinquent in March, along with its $275 million mezzanine loan.
By Leslie Shaver • April 11, 2025 -
More Baltimore conversions face foreclosure
An LLC controlled by Philadelphia-based PMC Property Group has defaulted on a $16.4 million loan, while an entity controlled by Chasen Cos. declared bankruptcy on a second building.
By Leslie Shaver • April 10, 2025 -
NMHC Top 50
Greystar approaches 1M apartments under management
The firm’s ownership growth occurred organically, while the absorption of Atlanta-based owner and developer Wood Partners’ units fueled its operational expansion.
By Leslie Shaver • April 9, 2025