Transactions: Page 14

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    webking via Getty Images
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    CMBS delinquency rate rises in December

    Multifamily’s 36-basis-point increase topped all commercial real estate sectors.

    By • Jan. 10, 2023
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    Permission granted by Fidus Pet Concierge Communities
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    Q&A

    Dallas developer takes ‘pet friendly’ to the next level

    Steve Bardack’s Fidus Pet Concierge Communities aims to purchase and renovate garden-style properties with pet-friendly features. 

    By • Jan. 6, 2023
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    NVS via Getty Images
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    November deal volume drops almost 75%

    Prices rise year over year as owners hold onto their properties.

    By • Jan. 5, 2023
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    alfexe via Getty Images
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    Multifamily loans top $2 trillion for the first time

    The inventory of multifamily loans for the GSEs, life insurers, banks and thrifts, and securitization vehicles rose in the third quarter.

    By • Jan. 4, 2023
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    Cecilie_Arcurs via Getty Images
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    UC Investments injects $4B into Blackstone’s REIT

    Blackstone will contribute $1 billion of its current BREIT holdings to a strategic venture with the University of California’s investment arm.

    By • Jan. 4, 2023
  • White townhomes beside a street
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    Permission granted by Banyan Residential
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    DEALS + STARTS

    Flexibility helps Los Angeles investor enter the Vegas market

    Banyan Residential acquires 133 townhomes in a $61 million deal.

    By • Jan. 3, 2023
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    Spencer Platt via Getty Images
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    Lennar postpones plans to spin off multifamily subsidiary

    The builder is going to "wait for the right timing" to spin off Quarterra, according to CEO Stuart Miller.

    By • Dec. 21, 2022
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    Vadym Petrochenko via Getty Images
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    Multifamily servicing rates continue to increase

    The overall CRE servicing rate increased for the fourth month in a row.

    By • Dec. 14, 2022
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    Spencer Platt via Getty Images
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    Blackstone says it won’t force asset sales from BREIT

    News that the firm was limiting withdrawals from its $69 billion real estate income trust has led to speculation among multifamily watchers.

    By • Dec. 14, 2022
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    Permission granted by The Milestone Group
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    DEALS + STARTS

    Milestone acquires 870 units in Northern Virginia

    By assuming the existing financing, the Dallas firm purchased three properties in Fairfax County.

    By • Dec. 9, 2022
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    Christopher Furlong via Getty Images
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    Small signs point to increasing delinquency rates

    Fannie Mae sees late loan payments decrease while they rise for Freddie Mac.

    By • Dec. 8, 2022
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    krblokhin via Getty Images
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    Apartment transactions plummet

    The sales market won't take off until interest rates stabilize, says CBRE exec.

    By • Dec. 6, 2022
  • Apartment property with a sign and trees in the foreground.
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    Permission granted by Atlas Real Estate Partners
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    DEALS + STARTS

    How one owner scored a large profit on a Florida property

    Buying at the right time, property renovations and strong growth in Naples, Florida, helped Atlas.

    By • Dec. 2, 2022
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    Kwanchai_Khammuean via Getty Images
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    Material costs decline after 18 months of record highs

    Prices for most commodities have fallen significantly over the last two months, with the exception of ready-mix concrete. 

    By • Dec. 1, 2022
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    dk_photos via Getty Images
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    These states have the most student housing distress

    Although there are pockets of problems in some areas, delinquencies in apartments near colleges have fallen to the lowest rate in 15 years.

    By • Nov. 28, 2022
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    Nuthawut Somsuk via Getty Images
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    MBA: Multifamily originations declined 16% in Q3

    Lending fell 13% across commercial real estate as rising interest rates thwarted deal flow.

    By • Nov. 22, 2022
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    Permission granted by Haven Realty Capital
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    Haven, JP Morgan form $1B build-to-rent joint venture

    The newly announced partnership is yet another signal that institutions are bullish on single-family rentals.

    By • Nov. 18, 2022
  • Three-story apartments with trees and a road in the foreground.
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    Permission granted by Bonaventure
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    DEALS + STARTS

    Top apartment deals of Q3

    Go behind the scenes to see how some of this quarter’s biggest transactions took shape.

    By • Nov. 17, 2022
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    sesame via Getty Images
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    Trepp: Servicing, delinquency rates drop

    Although problem loans remain rare in the apartment sector, some groups expect distressed buying opportunities in 2023 and 2024.

    By • Nov. 14, 2022
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    Permission granted by Standard Communities
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    Q&A

    How Standard Communities is working to grow to 50,000 apartments

    With tech firms like Amazon and Microsoft showing a willingness to invest, affordable owners have more ways to acquire housing.

    By • Nov. 11, 2022
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    guvendemir via Getty Images
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    CBRE: Spreads widen 4 basis points on multifamily loans

    Loan-to-values fell 2.9 percentage points from Q2 and 9 percentage points from a year ago.

    By • Nov. 10, 2022
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    Permission granted by OneWall Communities
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    OneWall grabs a tax credit property in the DC suburbs with a mid-4% interest rate

    The company sees an opportunity to renovate units and raise rents while staying within LIHTC parameters.

    By • Nov. 9, 2022
  • Six-story brown and grey apartment building with cars and street in the foreground.
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    Permission granted by Greystar Real Estate Partners
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    The country’s biggest apartment owners

    Greystar and Equity Residential sit atop a new list of firms ranked by units owned, portfolio value and other factors.

    By • Nov. 7, 2022
  • Mixed-use multifamily residential district area development with blue sunny sky background
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    Svetlana123 via Getty Images
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    Trepp: Cap rates sit below 4%

    Although cap rates have risen, their increase is a fraction of the jump in Treasury yields.

    By • Nov. 4, 2022
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    Permission granted by Avanath Capital Management
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    Q&A

    Are interest rates too high? Daryl Carter has seen much worse

    Avanath’s CEO is still getting affordable apartment deals done despite volatility in the market.

    By • Nov. 1, 2022