Multifamily deals that caught our eye this summer

Despite a slight slowdown in the second quarter, several notable apartment trades were announced recently.

4 bankrupt Louisiana apartment properties hit the market

The assets, once owned by Moshe Silber’s Crown Capital, represent one-third of the housing stock in East New Orleans.

Milhaus opens railway-inspired apartments near Oklahoma City

The 276-unit, garden-style property is the developer’s second project in the state, coming almost a decade after the first.

Bell Partners hires new CFO

Quarterra alum Sarah Young will succeed John Tomlinson, who will retire later in August. 

Investor brings apartment conversion craze to former hotel properties

Sage Investment Group is acquiring underutilized lodging properties and transforming them into workforce studios.

Waterton adds another apartment property in California

With the acquisition of the AMLI Warner Center, the Chicago-based company owns more than 3,300 units in the Los Angeles metro.

The Dinerstein Cos. appoints new CFO

Maria Gomelsky, previously the Houston firm’s chief accounting officer, succeeds David Glaser, who is retiring after seven years in the role.

July 2025 roundup: New multifamily products

Summer selections include pet policy compliance tools and a property access solution via QR code.

Gilbane to develop $1B affordable housing job

The redevelopment will include more than 1,000 units across 55 acres in the heart of Norfolk, Virginia.

Platte Canyon makes first apartment acquisition

The recently launched firm’s off-market purchase in San Antonio, Texas, indicates a potential contrarian approach.

Greystar to pay $1.4M to resolve servicemember fee issue

The Department of Justice alleges that the company unlawfully charged lease termination fees for military personnel ordered to relocate.

Maine clears the way for more multifamily housing, ADUs

New laws in Maine ban parking minimums and relax zoning rules as it joins a growing list of states adopting top-down strategies to drive housing growth.

From red tape to green light: How California’s CEQA reforms will speed up projects

Two new laws, which went into effect at the end of June, should fast track infill and other high-priority projects, writes a land use and environmental policy attorney.

Hines, Sumitomo partner on waterfront apartments near DC

The 365-unit property will be the only multifamily project in the Potomac Shores community, joining developments from three single-family home builders.

Why BH Properties created new multifamily platform Haven Housing

The Los Angeles-based real estate investment firm anticipates lower turnover and reduced institutional capital in the affordable housing space, according to president Jim Brooks.

Apartment deal flow falls 14% in Q2

Despite the drop, sales volume numbers revealed some positive trends for the multifamily industry.

Apartment leaders speak out: July 2025

Executives from American Landmark, Thompson Thrift, Standard Communities and more talk about their latest challenges and successes.

Core Spaces breaks ground on waterfront student property near Clemson University

Expected to open in 2027, the development will be located along the Keowee Trail in Clemson, South Carolina.

NAHB: Multifamily completions hit 38-year high

The South accounted for 48% of deliveries in 2024, followed by the West at 27%.

CMBS multifamily servicing, delinquency rates fall in June

Distress for lodging and office properties rose during the month, which could provide redevelopment opportunities down the road, according to one firm.

Multifamily starts spike for 5-plus units in June

Completions for apartments continued to fall, dropping nearly 40% YOY.

Carter sells controlling interest to Hunt Cos.

CEO Scott Taylor told Multifamily Dive that the Atlanta-based multifamily and mixed-use developer will use the capital to fuel growth.

Greystar partners with University of Mississippi on modular dorm

The public-private partnership will add 2,700 student beds across two residence halls, both expected to open by 2027.

ResProp Management reportedly acquires 304 units in Florida for $37M

The buyers, identified by Florida's Business Observer, secured Freddie Mac financing for the 50-year-old asset, which had strong occupancy.

Thompson Thrift exec returns to lead multifamily development team

Bo Chapman talks about the firm's future development plans and how it implements technology in its operations.