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ICE enforcement sends Texas property to servicing
The Villas Del Sol property in Austin saw occupancy fall to 75% after “decreasing local employment and ICE operations in the area,” according to Morningstar.
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Essex posts positive Q1 with strength in Northern California
The San Mateo-based REIT benefitted from low apartment supply and high demand stemming from the San Francisco area’s AI-related boom.
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Georgia apartment companies to pay $750k in federal disability case
The firms allegedly refused a mother’s repeated accommodation requests for a ground-floor unit to make it easier to transport her disabled child, per the Justice Department.
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UDR becomes first REIT to go to a monthly dividend
The Colorado REIT saw conditions in the Sun Belt deteriorate in April, as it looks to add properties in Portland, Oregon.
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Affordable housing development is boosting Oklahoma’s economy: report
Every dollar in tax credit equity across 45 multifamily housing projects is yielding higher economic returns in the state, an Urban Institute study found.
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Camden expects lower apartment supply to buoy second half
In a first-quarter 2026 earnings call, the REIT’s leaders said they are in the right high-demand markets to capitalize on tighter supply.
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More Texas properties go to servicing after tax exemption issues
Deepika and Swapnil Agarwal were sponsors of the two-building, 318-unit portfolio, according to Morningstar.
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AvalonBay, Equity Residential reportedly mull merger: Bloomberg
Two of the country’s top apartment owners are discussing a combination that would be one of the biggest real estate deals ever, though it’s not a sure thing, according to Bloomberg.
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Apartment industry shrugs as Fed holds rates steady yet again
In his last press conference as Federal Reserve chair, Jerome Powell announced that he plans to stay on as a governor for the central bank.
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Houston expands multifamily recycling pilot
About half of Houston residents live in apartments, but most lack recycling access. A pilot supported by The Recycling Partnership and Alliance to End Plastic Waste aims to change that.
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San Francisco’s AI boom boosted EQR in Q1
The apartment REIT also saw strong performance in New York City, while Washington, D.C., Boston and Seattle remained challenged.
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Multifamily housing starts rose in March, but permits fell
The Northeast region showed the greatest strength in overall new residential construction, per a new report from HUD and the U.S. Census Bureau.
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Housing energy efficiency requirements rescinded by HUD, USDA
The 2021 International Energy Conservation Code added $20,000 to the cost of new home construction, according to Trump administration estimates.
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AvalonBay sees lower apartment supply, concessions driving 2026 performance
The multifamily REIT has experienced strong occupancy, reduced turnover and rent growth so far this year, executives said on its first-quarter 2026 earnings call.
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Ballast picks up historic 3-property portfolio in San Francisco for $48.5M
The six-story properties, known as the "Three Sisters," total 110 units in the city's Pacific Heights neighborhood.
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Washington, DC, sues MAA for alleged deceptive advertising
The Office of the Attorney General alleges that the REIT overcharged tenants and violated DC law by assessing a variety of illegal fees for services already included in the rent.
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Minor Hotels debuts Anantara brand in US with Miami property
The experiential luxury hotel and residences represents a “major step” in Bangkok-based Minor Hotels’ U.S. expansion plans.
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Hilltop Residential closes fund with $288M in total commitments
Fund VI will give the Houston-based multifamily investment manager approximately $1.5 to $2 billion in buying power.
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Argo Real Estate buys New York waterfront property for $45M
The firm plans to “lease existing vacant units” and execute “targeted unit renovations” at the 164-unit asset in Nyack, according to Rafi Moskowitz, management and development associate at Argo.
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Wood Partners adds Luke Davis to head Washington office
The former Kettler chief investment officer will help the Atlanta-based developer grow its presence in the mid-Atlantic.
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Cain, Kushner combine on South Florida JV
The venture will launch by developing a luxury residential tower in Miami's Edgewater neighborhood, in a region that continues to present compelling growth opportunities, per Cain's CEO.
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Apartment sales ticked up 1% in Q1
Prices were essentially flat, while cap rates rose 10 basis points over the past year to 5.8%, according to MSCI.
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Small Manager Spotlight: How one apartment operator combats fraud
Brian Walsh of Progressive Properties of Greenville in South Carolina focuses on meeting prospects in person and digging deeper into criminal and credit reports.
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$4B affordable housing initiative launches in New York City
The four-year program invests pension funds into affordable housing efforts, including office-to-housing conversions.
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Opinion
The hidden legal risk of AI apartment leasing tools
Three federal cases, a HUD guidance memo and a 20% surge in ADA lawsuits have changed the calculus on AI leasing compliance. Most operators haven't noticed yet, writes the founder of Valis Residential.