Transactions: Page 11

  • Brown apartments with dark roofs and street in the foreground.
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    Permission granted by Eastham Capital
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    Q&A

    Why this investor prefers local partners

    Eastham Capital looks for firms that self-manage and have on-the-ground expertise.

    By • Oct. 24, 2023
  • Tan and brown brick apartment building with balconies
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    elxeneize via Getty Images
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    MSCI: Sales slide 62% in Q3

    Even though conditions may be stabilizing, there are only certain types of deals getting done.

    By • Oct. 23, 2023
  • Tan apartment community with a pool in the foreground.
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    Permission granted by Darwin German Real Estate
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    DEALS + STARTS

    Darwin German nabs a Dallas-area property for a significant discount

    The Mark at Weatherford was sold in September for 37% lower than its January 2022 price.

    By • Oct. 23, 2023
  • Two-story apartment building with a pool in the foreground
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    Permission granted by Venterra Realty
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    DEALS + STARTS

    Venterra Realty grabs 2 brand-new Florida properties

     The company relied on its established relationships with lenders to secure two apartment communities built this year.

    By • Oct. 19, 2023
  • The Federal Trade Commission building.
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    RiverNorthPhotography via Getty Images
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    TransUnion to pay $23M to settle federal charges

    The credit reporting agency did not admit wrongdoing regarding the FTC’s charges of failing to ensure tenant screening results were accurate.

    By • Oct. 19, 2023
  • Coin stack on international banknotes with house model on table.
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    Zephyr18 via Getty Images
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    Trepp: Multifamily mortgage debt increases by 7%

    Pension funds saw the largest increase in apartment mortgages on their books in the second quarter, followed by banks and thrifts.

    By • Oct. 18, 2023
  • A tall white apartment building.
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    Permission granted by Willow Bridge Property Co.
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    Former Lincoln division announces new name

    Willow Bridge Property Co., sold to Cadillac Fairview in February, now operates 180,000 units independently.

    By • Updated Oct. 13, 2023
  • Tan apartment buildings with pool in the foreground.
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    Permission granted by Bell Partners
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    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
  • Three-level tan apartment with a tree on the right.
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    Permission granted by Standard Communities
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    DEALS + STARTS

    Standard Communities picks up 6 properties in Los Angeles

    The company locked in financing early and partnered with HUD and Pacific Southwest Development Corp. to preserve affordability in 407 units.

    By • Oct. 9, 2023
  • Freddie Mac sign with office building in the background.
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    Permission granted by Freddie Mac
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    Fannie, Freddie dominate multifamily originations in 2023

    Total lending to apartment owners fell 53% in the first half of 2023.

    By • Oct. 6, 2023
  • The sun sets on the facade of the U.S. Treasury Department.
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    mrbfaust via Getty Images
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    10-year Treasury hits highest level since 2007

    As rates skyrocket, construction deals and transactions get even harder to pencil out.

    By • Oct. 5, 2023
  • Older, four-story brick apartment building with balconies
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    peterspiro via Getty Images
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    Want to capture outsized rent growth? Buy an older property.

    Assets built before 2010 averaged 4.6% annual growth over the past decade compared with 3.4% for those constructed in the past 13 years, a new report says.

    By • Oct. 5, 2023
  • People on a street with brown and tan homes on either side.
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    Permission granted by Sunstone Two Tree
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    DEALS + STARTS

    Sunstone Two Tree gets approval for 3 projects in Phoenix

    The developer recently closed on the land for a 320-unit project.

    By • Oct. 5, 2023
  • Aerial view of skyscrapers in downtown Houston against cloudy sky
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    simonkr via Getty Images
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    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
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    Jason Finn via Getty Images
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    Tracker

    Problem loans: Tracking the biggest multifamily delinquencies

    Recent distressed transactions occurred in Baltimore and Detroit.

    By • Updated April 11, 2025
  • Blocks spell M and A
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    Nastassia Samal via Getty Images
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    Sumitomo Forestry to buy JPI’s operating platform

    JPI CEO Payton Mayes and Chief Financial and Investment Officer Mollie Fadule will operate the company within the Japanese conglomerate.

    By • Oct. 2, 2023
  • Close-up of the exchange of keys between two hands.
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    Hispanolistic via Getty Images
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    MSCI: Apartment sales volume drops 74% YOY

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

    By • Sept. 29, 2023
  • Skyline of New York City with the Bronx neighborhood
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    MKshots via Getty Images
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    New York City owner has 25 properties in the Bronx sent to special servicing

    Emerald Equities cited non paying tenants and inflated expenses as the source of its problems in the workforce portfolio.

    By • Sept. 27, 2023
  • Brick and silver, four-story apartment building
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    Permission granted by CP Capital
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    DEALS + STARTS

    CP Capital’s suburban strategy pays off in Chicago

    Tax issues slowed the sale of The Monarch, but the firm was still satisfied with the outcome.

    By • Sept. 25, 2023
  • the exterior of the federal reserve building in washington, dc
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    crbellette via Getty Images
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    Apartment execs react to another interest rate pause

    The multifamily market seeks stability, but another increase looms on the horizon.

    By • Sept. 25, 2023
  • Exterior view of multifamily residential building under construction.
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    Sundry Photography via Getty Images
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    Starts plummet 41%

    Permits for five-plus-unit buildings also dropped last month, while completions picked up as developers finished off existing projects.

    By • Sept. 21, 2023
  • Aerial panoramic cityscape view of San Francisco skyline with high rises and water to the right.
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    heyengel via Getty Images
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    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
  • City skyline with high rises.
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    f11photo via Getty Images
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    DEALS + STARTS

    UDR buys 6 properties in Texas for $402M

    The deal shows how companies with centralized platforms can squeeze extra efficiencies out of new acquisitions.

    By • Sept. 18, 2023
  • A block of apartment complexes
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    Arturo Rosenow via Getty Images
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    Returns for apartments continue to fall

    A report from NCREIF ranks the areas of the country with the most and least returns for multifamily investors.

    By • Sept. 18, 2023
  • Modern, detached white and grey homes with a street in the foreground.
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    Permission granted by Embrey Partners
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    Q&A

    Texas developer leverages construction pipeline to beef up its management platform

    Embrey Partners is also building out its third-party platform and weighing the role of centralization.

    By • Sept. 15, 2023