The Latest

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    mbbirdy via Getty Images
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    Multifamily events for the second half of 2023

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

    Updated July 19, 2023
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    Fahroni via Getty Images
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    Study: Unused parking adds over $2M to typical multifamily projects

    A new white paper from Rutgers University found that reducing parking spaces could save money and minimize environmental impact.

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    Permission granted by FK Architecture
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    DEALS + STARTS

    240 units break ground near Gainesville, Florida, mall

    The Evergreen Westside will make use of a site rezoned for residential development in 2019.

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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.

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    Evan Joseph

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    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.

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    drnadig via Getty Images
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    Top legislative priorities for multifamily pros

    Lobbyists are keeping an eye on legislation such as the Choice in Affordable Housing Act, the YIMBY Act and the repeal of the CARES Act’s 30-day notice to vacate.

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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.

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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.

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    Permission granted by Lendlease
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    Lendlease names head of development for Americas

    Meg Spriggs will oversee the region’s $21 billion pipeline, which includes projects in New York City, Boston and Chicago.

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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.

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    Permission granted by Panepinto Properties
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    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.

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    FG Trade via Getty Images
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    How to retain maintenance workers in a competitive market

    With a few simple steps, owners and operators can hold on to their repair staff.

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    Eleganza via Getty Images
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    Sticker shock: Expenses jump almost 10%

    Insurance, repairs and maintenance are helping to drive the increases at multifamily properties, according to a Yardi report.

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    Khaosai Wongnatthakan via Getty Images
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    Impact Council releases finalized investing guidance

    The Multifamily Impact Framework creates a roadmap for socially motivated private capital to invest in affordable and sustainable rental housing.

    Updated Sept. 20, 2023
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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.

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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.

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    sl-f via Getty Images
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    HUD awards funding for green, resilient retrofit projects

    The first round of the $4.8 billion GRRP covers upgrades for 28 rent-assisted properties.

    Updated Sept. 15, 2023
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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.

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    Permission granted by Anthem Development
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    DEALS + STARTS

    New transit-oriented district breaks ground near Dallas

    The first phase will include the 340-unit Lofts iThirty multifamily project, built on land originally zoned for a Sam’s Club.

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    sabthai via Getty Images
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    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.

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    Permission granted by Strategic Planning Partners
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    Water Street Tampa achieves WELL Gold Community Certification

    The neighborhood, which includes 1,200 rental units across three properties, is the first in North America to attain this standard.

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    Brandon Bell/Getty Images via Getty Images
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    Extreme heat disproportionately threatens Black renters, experts say

    Black renters disproportionately experience energy insecurity, which stems from an inability to pay energy bills, and federal policy falls short in addressing it, a Brookings Metro report says.

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    Permission granted by RangeWater
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    RangeWater hits 100,000 units

    A senior executive with the Atlanta-based firm explains what drove its growth.

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    Permission granted by Plenty of Places Apartment Homes
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    DEALS + STARTS

    Why this California investor is shifting to newer apartment properties

    Plenty of Places Apartment Homes sees value-add returns shrinking and an opportunity to cater to residents' needs.

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    Portra via Getty Images
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    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.