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  • A wood-frame apartment building under construction.
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    jmsilva via Getty Images
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    Starts jump nearly 30% YOY for buildings with 5 or more units

    With tariffs looming, permits for those apartments rose slightly, while deliveries and properties under construction fell year over year.

  • A rendering of a mid-rise apartment building.
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    Permission granted by Gateway Jax
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    DEALS + STARTS

    Gateway Jax starts second apartment project in $750M mixed-use district

    425 Beaver Street will add 286 units to Pearl Square, a nine-block section of downtown Jacksonville, Florida. 

  • Low angle view of the Stock Exchange sign on the facade of the New York Stock Exchange on Wall street, Manhattan.
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    https://www.gettyimages.com/detail/photo/stock-exchange-sign-royalty-free-image/157338910?phrase=wall%20street&adppopup=true via Getty Images
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    REIT Report

    AvalonBay braces for signs of trouble in DC rental market

    CEO Ben Schall also said the softness in the REIT’s expansion markets could provide opportunities to add assets.

  • Construction workers work on a shopping center amid scaffolding.
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    Scott Barbour via Getty Images
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    Construction costs dip, but tariffs hike some materials’ prices

    Inputs declined overall in April due to falling energy prices, but steel and copper rose significantly while nonresidential costs continued their upward march.

  • A professional headshot of Katie Tolson.
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    Permission granted by Portman
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    EXECUTIVE MOVES

    Portman names new VP of development in Texas

    Katie Tolson will support the company’s multifamily and mixed-use expansion across the state.

  • Aerial view of apartment property
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    Permission granted by RADCO
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    DEALS + STARTS

    RADCO launches value-add brand with 615-unit apartment buy

    With the purchase of Legacy at Riverdale, the Atlanta-based firm makes its first acquisition of this cycle.

  • A pool area at a low-rise apartment building.
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    Courtesy of Hilltop Residential
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    EXECUTIVE MOVES

    Hilltop Residential launches multifamily development division

    The investment and management firm has brought on Eric Overton to manage its new operating arm.

  • Wall Street sign with U.S. flags in background
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    lucky-photographer via Getty Images
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    REIT Report

    UDR boosts retention in Q1

    The REIT posted a 97.2% occupancy rate, 40 basis points above Q4 2024.

  • An aerial rendering of two semicircular buildings.
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    The Boundary

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    PROJECT SPOTLIGHT

    Lendlease puts finishing touches on $316M LA apartments

    The Habitat Residences is one of the developer’s last two multifamily projects underway in the U.S.

  • Paper foreclosure notice taped to the glass front door of a home
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    Jeremy Poland via Getty Images
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    CMBS delinquencies for apartments reach highest point since 2015

    The rate has risen 524 basis points over the past 12 months, according to Trepp.

  • The exterior of an apartment building.
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    Sundry Photography via Getty Images
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    Moderate apartment rent growth continues amid economic uncertainty

    While year-over-year rent gains are on the decline, solid demand has buoyed the market’s performance, according to Yardi Matrix.

  • The Washington state capitol building.
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    halbergman via Getty Images
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    Washington governor signs rent control into law

    The new measure sets a 7% plus interest limit on rent increases, capped at 10%.

  • Wall Street sign in the financial district of New York City.
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    JaysonPhotography via Getty Images
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    REIT Report

    Virginia leads the way for MAA

    The Memphis-based REIT has seen turnover improve, but new lease rates are still declining year over year.

  • Statue of Alexander Hamilton.
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    Chip Somodevilla via Getty Images
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    How investors are closing deals despite Treasury volatility

    In this environment, success depends on “disciplined underwriting, aggressive stress testing and staying flexible,” according to an executive.

  • The Department of Housing and Urban Development
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    helen89 via Getty Images
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    Trump proposes cutting $33B in HUD funding, including Section 8

    The budget proposal prioritizes state-based grants over federal aid, and would include a two-year cap on rental assistance for adults without disabilities.

  • Tan, garden-style apartments with grass in the foreground
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    Permission granted by CAPREIT
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    DEALS + STARTS

    CAPREIT acquires 2 Maryland properties

    The North Bethesda, Maryland-based firm has dedicated $5 million toward upgrades, which will include a refresh of building exteriors, amenities and common areas.

  • The United States, Capitol Dome background in retro style
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    YayaErnst via Getty Images
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    International multifamily investors undeterred by US trade turbulence

    While a majority of foreign financiers have a negative outlook for U.S. property, 44% still plan to grow their holdings in 2025, according to a new report.

  • Wall street sign in New York City with New York Stock Exchange background
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    lucky-photographer via Getty Images
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    REIT Report

    Essex sees new lease rents turn positive

    Despite its strong first quarter, the West Coast REIT didn’t raise guidance, citing economic uncertainty.

  • An overhead rendering of a streetscape and homes.
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    Permission granted by Dominium
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    DEALS + STARTS

    Fast-growing Dominium preps its first affordable BTR townhomes

    Saddleback Village at Stonegate, breaking ground soon in Maricopa, Arizona, will serve residents making 60% or less of the area median income.

  • Tan and brick garden-style apartments
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    Permission granted by Josh Woll
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    Blue Ridge Cos. transitions management business to Willow Bridge

    The move will allow the High Point, North Carolina-based firm to focus on future development and long-term asset performance.

  • The U.S. Capitol building.
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    drnadig via Getty Images
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    Senate bill aims to raise FHA multifamily loan limits

    The Housing Affordability Act would allow developers to borrow over four times more per unit compared to the current amount.

  • Photo looking up at high rises and Wall Street sign.
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    franckreporter via Getty Images
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    REIT Report

    EQR hits all-time low for turnover

    The 7.9% rate was due in part to the Chicago-based REIT’s centralized renewal process, according to COO Michael Manelis.

  • Exterior view of multifamily residential building under construction in Palo Alto
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    Sundry Photography via Getty Images
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    Q&A

    Parsons: Tariff concerns mean uncertainty for multifamily owners, investors

    Former RealPage Chief Economist Jay Parsons unpacks the future impacts of supply, rent growth and rent control legislation.

  • Palm trees, deck chairs and apartments surrounding a pool.
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    Permission granted by American South Capital Partners
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    DEALS + STARTS

    American South Capital Partners buys New Orleans apartment property

    The firm utilized Community Development Block Grant dollars to make the underwriting feasible amid rising insurance costs.

  • A garden-style apartment building with white siding.
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    Permission granted by EDI International
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    DEALS + STARTS

    Parkspring plans 372 garden-style units in Waco, Texas

    Commons at Cottonwood Creek is set to take advantage of the city’s rapid population and job growth, according to the developer.