The Latest

  • A group of people sit in a conference room in front of a blank screen.
    Image attribution tooltip
    mbbirdy via Getty Images

    2023’s biggest multifamily events

    It’s time to plan for next year. Multifamily Dive has you covered with a full list of the industry conferences, expos and meetings coming up next year.

  • A city skyline during the day with several office buildings behind trees.
    Image attribution tooltip
    hallojulie via Getty Images

    Office-to-apartment conversions surge

    Adaptive reuse projects have risen 25% overall since the start of the pandemic, according to a RentCafe report.

  • A condominium building with white walls and an angular roof.
    Image attribution tooltip
    ntzolov via Getty Images

    Rent growth moderates as interest rates rise

    While sales activity and occupancy have taken a hit, Yardi expects many would-be homebuyers will continue to rent due to high mortgage rates.

  • Airbnb sign attached to a brick wall.
    Image attribution tooltip
    Open Grid Scheduler / Grid Engine. (2016). "Airbnb Office" [Photograph]. Retrieved from Flickr.
    Deep Dive

    Are short-term rentals worth the risk?

    Problems in one Texas high-rise show the challenges of relying on temporary guests, but some managers say they can smooth out issues.

  • Fannie Mae sign at corporate headquarters
    Image attribution tooltip
    Win McNamee via Getty Images

    FHFA cuts lending caps for Fannie, Freddie

    The new limits are slightly lower than in 2022 but should be adequate, according to observers.

  • Three-story apartments with trees and a road in the foreground.
    Image attribution tooltip
    Permission granted by Bonaventure
    DEALS + STARTS

    Top apartment deals of Q3

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

  • A modern, mid-rise apartment building with a blue and yellow paneled exterior.
    Image attribution tooltip
    Sundry Photography via Getty Images

    AvalonBay exec: Inflation, not demand, drove rent growth this year

    Higher rents have led investors to push the “boundaries of underwriting,” according to senior vice president for market research Craig Thomas.

  • A rendering of a large, low-rise apartment complex.
    Image attribution tooltip
    Courtesy of Ryan Cos.
    DEALS + STARTS

    Ryan Cos. breaks ground on 502 units in Tampa-area master plan

    Renata at Lakewood Ranch will consist of four-story walk-up buildings across 37 acres, surrounded by lakes.

  • Two distressed and desperate businessmen sitting beside broken banknotes, dollars
    Image attribution tooltip
    sesame via Getty Images

    Trepp: Servicing, delinquency rates drop

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

  • The front of a Marriott hotel.
    Image attribution tooltip
    Justin Sullivan / Staff via Getty Images

    Marriott’s Bonvoy moves into US multifamily

    The hospitality giant plans to offer furnished, serviced apartments for short-term rental-style stays.

  • A new building is being constructed with use of tower crane
    Image attribution tooltip
    ilkercelik via Getty Images

    Supply chain outlook: more shortages, price hikes ahead

    Analysts and contractors break down prices and lead times for concrete, cement, steel, lumber, insulation, drywall and HVAC equipment in the coming year.

  • Edgewater modular project
    Image attribution tooltip
    Permission granted by Volumetric Building Companies
    Deep Dive

    Multifamily developers embrace modular

    The sector is turning to prefabrication to speed up project deliveries, but not for any real cost savings during the construction phase, experts say.

  • Apartments with palm tree in the foreground.
    Image attribution tooltip
    Permission granted by Standard Communities
    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.

  • Slinger in helmet and vest controls unloading of metal structures on construction site.
    Image attribution tooltip
    Sergey Pakulin via Getty Images

    CRE developers reveal their biggest challenges for 2023

    “If you’re in real estate, you are in a recession,” said the author of a new study looking at the main drivers of anxiety among owners.

  • Gavel sitting on paper saying class action suit
    Image attribution tooltip
    Bill Oxford via Getty Images

    New suit alleges RealPage, Greystar, others colluded on student housing

    The class-action lawsuit accuses 10 companies of using RealPage’s systems to inflate student housing rents across the U.S.

  • Purchase agreement with model home
    Image attribution tooltip
    guvendemir via Getty Images

    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.

  • Miami Beach
    Image attribution tooltip
    Getty stock via Getty Images

    Miami condo evacuated due to structural concerns

    A construction attorney said he expects to see more issues because many older oceanfront condominiums “are beginning to reach the end of their useful life.”

  • stock photo of apartment building
    Image attribution tooltip
    iStock/Getty via Getty Images

    October sees third-largest rent cut since 2010

    Preliminary apartment demand numbers for the year look much weaker than expected, according to RealPage’s Jay Parsons.

  • Two-story brick apartment building.
    Image attribution tooltip
    Permission granted by OneWall Communities

    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.

  • 2022 Election campaign buttons
    Image attribution tooltip
    sanfel via Getty Images

    Voters say ‘yes’ to affordable housing

    Cities, counties and states across the U.S. passed ballot measures that collectively unlocked billions of dollars in new funding to create more affordable housing and provided protections for renters. 

  • aerial shot of light-colored, high0rise apartment building
    Image attribution tooltip
    Permission granted by Neology Life Development Group
    Q&A

    Lissette Calderon aims to redevelop an overlooked section of Miami

    The developer, who started in her 20s, has three projects in different stages in the city’s Allapattah neighborhood.

  • A rendering of a large dormitory.
    Image attribution tooltip
    Permission granted by University of California at Santa Barbara

    Updated UC Santa Barbara dorm plan eliminates 2 floors

    The plan for Munger Hall now includes 3,500 beds instead of 4,536.

  • Mixed-use multifamily residential district area development with blue sunny sky background
    Image attribution tooltip
    Svetlana123 via Getty Images

    Trepp: Cap rates sit below 4%

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

  • A stack of $20 U.S. bills lay on top of a scattering of more $20 bills.
    Image attribution tooltip
    Maksym Kapliuk via Getty Images

    Rent-to-income ratios push toward 40%, some owners say

    Renters are squeezed more than ever, as the cost of living rises across the country.

  • Six-story brown and grey apartment building with cars and street in the foreground.
    Image attribution tooltip
    Permission granted by Greystar Real Estate Partners

    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.