The Latest

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    Permission granted by National Apartment Association
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    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
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    Adobe Stock/ Roman Babakin

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    Sponsored by Lessen

    5 ways technology gets multifamily units move-in ready faster

    Cut down your vacancy times: 5 tech-driven strategies for faster multifamily turns.

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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 San Francisco and Indianapolis.

    Updated Aug. 8, 2024
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    peeterv via Getty Images
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    Lynd assigned an 11,000-unit portfolio

    The original owners purchased the 50 properties as a value-add play but ran into problems when interest rates rose and costs increased.

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    Permission granted by Mast Capital
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    PROJECT SPOTLIGHT

    New Mast Capital Florida property caters to nearby healthcare workers

    The Harlow is located next to a new $250 million hospital in Wesley Chapel, Florida.

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    Chip Somodevilla via Getty Images
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    Freddie Mac names new CEO

    Diana Reid brings more than four decades of banking, real estate, capital markets and affordable housing experience to the company.

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    tacojim via Getty Images
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    Illinois property managers barred from retaliation

    The Landlord Retaliation Act, which prohibits rent increases or evictions in response to a tenant complaint, puts landlords in a defensive position, an industry official said.

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    Arturo Rosenow via Getty Images
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    Trepp: Delinquency, servicing rates hit highs not seen in years

    Distressed CMBS loans increased across commercial real estate last month, but apartment issues stood out.

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    Douglas Rissing via Getty Images
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    Rents remain flat ahead of potential rate cut this month

    The national average rent has fallen by $1, ending six months of gains, while YOY rent growth holds steady at 0.8%.

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    nathaphat via Getty Images
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    RealPage allows customers nationwide to remove nonpublic data

    The DOJ’s recent suit against the firm could be a warning to companies to look closely at what data is being provided, who has access to it and how it is being used, according to a lawyer.

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    Joe Raedle via Getty Images
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    Multifamily permitting drops in urban areas

    Higher interest rates and supply chain concerns have taken a toll on apartments, according to the NAHB.

  • A glass building with a sign reading "Fannie Mae."
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    Courtesy of Fannie Mae
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    Fannie, Freddie announce tenant protection plans for housing portfolios

    The GSEs’ borrowers must provide advance notices of rent increases and lease expirations, among other requirements.

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    Permission granted by Pratum Companies
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    Q&A

    Pratum CEO explains why he wants to acquire more properties

    Shah Alam thinks ownership will complement the existing services his management firm offers.

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    Permission granted by QuadReal Property Grou
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    DEALS + STARTS

    Canadian firm buys 4 properties from Lennar’s Quarterra

    QuadReal Property Group picked up 1,400 units total in Colorado, North Carolina, Arizona and Maryland.

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    Google Maps

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    Houston tenant seeks $1M after unit ceiling collapses

    A lawsuit filed against the property owner, Commerce Capital Partners, alleges negligence.

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    Jacob Wackerhausen via Getty Images
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    Centralization tips from the REITs

    With shared services spread among multiple communities, public companies like EQR, UDR and AvalonBay are leading the way.

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    Art Wager via Getty Images
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    Opportunities abound in California despite challenges for developers

    Amid hurdles posed by regulatory complexities and shifting market dynamics, many firms remain bullish about the Golden State’s multifamily outlook.

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    Permission granted by Kolter Urban
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    The largest multifamily starts of July 2024

    Nashville, Tennessee; Buffalo, New York; and Tampa, Florida, have seen the launch of new projects valued at over $250 million each.

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    Permission granted by Vero Sade
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    PROJECT SPOTLIGHT

    New Houston developer debuts first ground-up projects in San Antonio

    Vero Sade intends to expand its reach across the Sun Belt.

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    Hunter Pasteur Homes

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    Deals + Starts: Summer 2024

    Firms including Mill Creek, Greystar and Kushner made news in recent months.

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    Michael M. Santiago via Getty Images
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    Q&A

    Will New York City make landlords provide air conditioning?

    Coordinating any such mandate with the city's building decarbonization law requirements could reduce the burden it might create for building owners, climate chief Rohit Aggarwala explained.

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    Permission granted by Sinatra & Co.,
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    DEALS + STARTS

    Sinatra makes $64M Florida buy

    The Cocoa Grand is the Western New York firm’s fifth purchase in the Sunshine State.

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    Courtesy of Wilsonart
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    August 2024 roundup: New multifamily products

    Innovative surfaces and smart access control are among this month’s offerings.

  • Wooden brown judge gavel on the table, copy space, banner background.
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    nathaphat via Getty Images
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    RealPage lawyer says nonpublic information leads to lower rents

    On a call with reporters Monday, a company attorney said it aggregates and anonymizes data used in its pricing recommendations.

  • Window AC units in a large building from the outside.
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    Johan_Spinnell via Getty Images
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    Deep Dive

    An air conditioning law, the first in its region, changed tenants’ rights in this Maryland county

    Montgomery County began requiring landlords to provide AC in 2020 amid climate concerns and renter complaints. Despite a shaky start, officials say things are going smoothly now.

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    unkas_photo via Getty Images
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    Apartment starts increase monthly, but fall YOY

    Meanwhile, multifamily completions jumped 50% from last July and the number of units under construction dropped.