The Latest
-
2024’s top multifamily events
Multifamily Dive has you covered with a full list of the industry conferences, expos and meetings for the rest of the year.
Updated April 30, 2024 -
Tracker
Problem loans: Tracking the biggest multifamily delinquencies
Recent distressed transactions occurred in San Francisco, Washington, D.C., and Atlanta.
Updated June 13, 2024 -
Q&A
Why Woodfield thinks now is a good time to get shovels in the ground
The developer sees an opportunity to open new projects in an advantageous market in 2026, according to partner Greg Bonifield.
-
5 ways a manager can insulate itself from a distressed owner
Operators can survive a troubled client by doing their homework, bringing in equity and working with the lender.
-
Marriott aims to build loyalty with branded residential growth
The hotel giant has launched an owner recognition program as its branded residential portfolio and pipeline see significant expansion.
-
Apartmentalize 2024
How to combat paystub fraud
With rental fraud becoming more frequent, managers need to be able to see the signs before eviction is the only option.
-
Starts increase compared to May
However, completions jumped as new supply continues to represent a near-term threat.
-
Grand Peaks to provide rent-free apartments for teachers
The $270 million Skyline at Highlands is Colorado’s largest multifamily project since 2002.
-
Q&A
Finance exec says now is a good time to buy apartments
Hamilton Point Investments recently bought four new properties in Houston and is ready to make more deals, according to co-founder Matt Sharp.
-
PROJECT SPOTLIGHT
Apartments near University of Tampa feature space-saving furniture
Niche is 75% leased in the first 100 days since move-ins began.
-
Retrieved from Flaherty & Collins.
Lender moves to foreclose on Flaherty & Collins’ Indianapolis high-rise
Prime Finance is suing for $101 million after the apartment developer allegedly defaulted on payments on the 27-story property.
-
Altman Management Co. faces housing discrimination suit
The plaintiff alleges she was rejected from two apartments on the basis of her immigration status.
-
Biden announces plan to cap rent increases nationwide
Under the proposal, owners with 50 or more units would lose certain tax breaks if they raise rent by more than 5% per year.
-
DOJ reportedly planning RealPage civil suit
The Justice Department is probing the exchange of pricing information and even vacancy rates, according to Politico.
-
Seattle encourages office-to-residential conversions with new law
The city's mayor said Seattle needs to take advantage of every tool available to fend off a housing shortage as downtown buildings sit empty.
-
Trepp: Multifamily CMBS delinquency moves past 2%
The special servicing rate for apartments fell in June but remained above 5%.
-
Property managers, residents out of sync on living preferences
While owners believe renters prioritize tech, they actually have more of a desire for the basics, according to a new survey.
-
Despite headwinds, rent growth remains positive
Rents rose 1.5% in the first half of 2024 and 1% in the second quarter, trending below the historical average.
-
Retrieved from Crescent Heights.
Crescent Heights secures loan modification at beleaguered San Francisco property
The developer will retain control of the 754-unit NEMA San Francisco apartment complex after paying its lenders $10.5 million.
-
DEALS + STARTS
Bolour secures entitlements for development near Dodger Stadium
The 86-unit project will be located on Sunset Boulevard in Los Angeles.
-
Q&A
CRE exec embraces market reset
Nicole Brickhouse is the newly appointed director of capital markets at Baltimore’s Continental Realty Corp.
-
Morgan acquires 3,434 units in its home state
The apartment owner plans $80 million in upgrades at the 11 properties in Pennsylvania.
-
Eureka Multifamily discrimination case headed to trial
An ex-employee is suing the Texas-based property owner alleging racial bias and retaliation.
-
Proptech funding drops 14.3%
Ninety-one percent of tech firms anticipate raising capital, and 45% expect that to happen in the next 10 to 12 months.
-
Q&A
Denver-based operator uses its smaller size as an advantage
The CEO of Atlas Real Estate said his company “out-locals” national players while still investing in technology.