The Latest

  • A crowd of people, many with lanyards, in a large room with banners hanging from the ceiling.
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     Oscar Einzig Photography

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    2025’s top multifamily conferences

    Multifamily Dive has you covered with a full list of the industry events, expos and meetings on tap for this year.

    Updated Jan. 30, 2025
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    Permission granted by Knightvest Capital
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    EXECUTIVE MOVES

    Knightvest Capital names new chief investment officer

    Madison Tappan will lead the company’s expansion into the Sun Belt.

  • Garden apartment community surrounding a pool and trees.
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    Permission granted by Ashcroft Capital
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    DEALS + STARTS

    Ashcroft Capital buys Orlando property from DR Horton

    Birchstone Waterleigh will be the New York City-based firm’s seventh acquisition in the area.

  • A bar with wood panel walls.
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    Courtesy of Wilsonart
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    PRODUCTS

    April 2025 roundup: New multifamily products

    This month’s highlights include AI maintenance management tools and commercial woodgrain surface designs. 

  • Aerial view of city alongside a river.
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    simonkr via Getty Images
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    Housing more than twice as expensive to build in California as in Texas

    Longer project timelines and more regulations contribute to the difference in cost, according to a new report.

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    Daenin Arnee via Getty Images
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    New Funds

    Kennedy Wilson, Tokyu Land team up for $200M investment

    The firms created a platform to provide preferred equity and mezzanine real estate investments for multifamily and industrial projects nationwide.

  • Multifamily residential building under construction
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    Sundry Photography via Getty Images
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    Starts fall 10% YOY amid constrained conditions

    Both the number of apartments under construction and those completed declined in March.

  • Two rows of homes next to a yard full of people.
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    Permission granted by Milhaus
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    DEALS + STARTS

    Milhaus breaks ground on Springdale, Ohio, apartments

    Slate Springdale will add 306 units to the fast-growing Cincinnati submarket.

  • College students gather in a lounge space.
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    skynesher via Getty Images
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    How student housing can meet the needs of international renters

    Affordability and convenience are the top priorities for students coming from abroad, according to a new NMHC study.

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    Screenshot: Google Maps

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    DEALS + STARTS

    Georgia apartment complex sells for record price

    A private buyer from Tennessee bought the Valdosta property for $18.3 million.

  • A high-rise apartment building with many windows.
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    Permission granted by Neutral
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    Q&A

    Midwestern developer aims for mass timber heights

    Neutral sees the material as a way to reduce its buildings’ carbon footprint and boost its focus on health and well-being, according to CEO Nate Helbach.

  • A mid-rise apartment property with a tiered exterior.
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    Permission granted by MC Cos.
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    EXECUTIVE MOVES

    Jim Cowan joins MC Cos. as director of capital markets

    The longtime Morgan Stanley director will be responsible for developing and executing fundraising strategies.

  • An apartment building viewed from above.
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    Permission granted by Marathon Development Group
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    PROJECT SPOTLIGHT

    $46M mixed-use project reaches the skies in Norfolk, Virginia

    Construction is finished at the 273-unit Gravity on 400, located in the downtown Waterside District.

  • Tan, garden-style apartment with Kanso sign and cars in front.
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    Permission granted by AvalonBay Communities
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    Opinion

    AVB’s Kanso model finds the middle ground with scaled-back features

    The REIT’s brand, launched in 2022, focuses on offering high-end apartment homes with minimal community amenities and a technologically enabled service model.

  • A rendering of a Romanesque Revival-style building surrounding a courtyard.
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    Permission granted by Woods Bagot
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    PROJECT SPOTLIGHT

    Historic Brooklyn college building reopens with 205 apartments

    Built out of the St. John’s College building, The Hartby has retained its original Romanesque Revival design.

  • A building rooftop covered in solar panels.
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    Permission granted by LeFrak
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    Q&A

    How LeFrak used a rooftop solar array to reduce CO2

    Community relations head Charles Burton explains how 450 solar panels at The Beach in Jersey City, New Jersey, offset the property’s common area emissions by 13%

  • A rendering of a four-story apartment complex.
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    Permission granted by Koontz Corp.
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    DEALS + STARTS

    Koontz Corp. plans gated apartments in San Antonio

    The developer has purchased a 9.66-acre site in Far North San Antonio for The Elle, a 305-unit property set to open in 2027.

  • An apartment building.
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    agil73/iStock/Getty Images Plus via Getty Images
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    New Funds

    Vistria raises more than $2.5B for affordable housing

    The firm has already acquired 7,000-plus units with the fund, which launched in March 2023.

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    tntemerson via Getty Images
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    CMBS delinquencies soar

    The March rate is the highest since December 2015, according to Trepp.

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    sabthai via Getty Images
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    Washington attorney general sues RealPage, 9 landlords

    The lawsuit claims that the defendants violated the Consumer Protection Act with their use of revenue management software.

  • Aerial view of skyscraper buildings in San Francisco financial district during dusk
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    simonkr via Getty Images
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    San Francisco property goes into receivership

    The $980 million portion of the $1.5 billion senior loan backing Parkmerced went delinquent in March, along with its $275 million mezzanine loan.

  • A low-rise apartment property.
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    Courtesy of Dominium
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    NMHC Top 50

    Greystar, Summit lead NMHC’s developer and builder lists

    While these industry stalwarts remain at the top of the association’s newest rankings, a Dallas firm has rocketed up the charts.

  • Mid-rise building with a warehouse exterior on the first two floors and modern glass above.
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    Permission granted by Atlantic Auctions
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    More Baltimore conversions face foreclosure

    An LLC controlled by Philadelphia-based PMC Property Group has defaulted on a $16.4 million loan, while an entity controlled by Chasen Cos. declared bankruptcy on a second building.

  • The Department of Housing and Urban Development
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    helen89 via Getty Images
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    HUD reinstates Enterprise’s $40M Section 4 contract

    The department had previously canceled several long-standing capacity building grants for local housing organizations.

    Updated April 10, 2025
  • Brown multi-colored apartment with street in the foreground.
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    Permission granted by Costea Photography
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    NMHC Top 50

    Greystar approaches 1M apartments under management

    The firm’s ownership growth occurred organically, while the absorption of Atlanta-based owner and developer Wood Partners’ units fueled its operational expansion.