Shorewood to begin leasing at former brewery site in NJ

The Ballantine will feature branding and design aesthetics inspired by Newark’s Ironbound neighborhood and its history.

$501M portfolio deal pushes Morgan past 100,000 units

The Pennsylvania-based firm acquired 3,054 apartments from Trilogy Real Estate Group across eight Midwestern states.

Denver tenants awarded $13.5M in class action lawsuit

The case argued that the owners and operator of the Mint Urban Infinity Apartments had violated the state’s warranty of habitability law.

2 Houston properties face issues

One asset’s value declined 56% after damage from a windstorm and Hurricane Beryl.

Despite economic uncertainty, multifamily performance remains strong

Rents are on the rise with the start of the spring leasing season, up 0.4% in the first quarter of this year, according to Yardi Matrix.

REITs ready to ramp up development despite tariff risks

Although the Trump administration’s policies are creating uncertainty, many of multifamily’s biggest public companies see an opportunity to start construction.

UDR settles with tenants in racial, sexual harassment case

A lawsuit from the District of Columbia Attorney General alleges that the REIT failed to protect its tenants from a resident who was ultimately convicted of a hate crime.

RealPage sues city of Berkeley

The software provider claims the California city’s recent ordinance on pricing technology imposes a “sweeping and unconstitutional ban on lawful speech.”

Sunstone Two Tree enters San Diego

The California-based firm bought Terraza Hills, a property built in 1976 and still in its original condition, for $45 million.

Porter Kyle breaks ground on $60M rental townhomes in highly competitive market

The Wayne will be the only BTR development in a 10-mile radius of Chandler, Arizona, according to its developer.

NRP Group names 3 new third-party construction VPs

Kevin Glenn, Noah Soven and Matt Tryder will cover Florida, the Carolinas and the Northeast, respectively.

McCourt’s ‘supercharged’ real estate efforts pay off

Frank McCourt and his company may have sold the Dodgers, but the firm still has high hopes for Los Angeles.

Trump administration considers using federal land for affordable housing

Western states could be the most impacted, according to a Wall Street Journal report, but some advocates say the move is unlikely to meet the biggest housing needs in high-cost markets.

FHFA reverses part of Biden’s Renters Bill of Rights

U.S. Federal Housing Director Bill Pulte has vacated the advance notice requirements for housing funded by Freddie Mac and Fannie Mae.

Fogelman grabs Houston-area property

The Memphis-based firm acquired Advenir at Eagle Creek in Humble, Texas, and rebranded the asset as The Fenwick.

The Bascom Group launches fund targeting $500M in acquisitions

The new Rule 506(c) fund is geared toward value-add and distressed apartment acquisitions.

Expenses that multifamily investors can — and can’t — deduct

Understanding the nuances of tax write-offs is essential for any investor aiming to optimize their bottom line, writes an industry executive.

Apartment sales increase 7% to $7.5B

Cap rates rose 20 basis points compared to February 2024, averaging 5.6% for the month.

Deals + Starts: March 2025

Firms including Hamilton Zanze, RangeWater and Cordish Cos. made news in recent months.

Canton, Ohio, sues developer for $6M over unpaid loan

The city alleges that Historic Hercules LLC and its associated developers have not made payments on a $2 million loan in six years.

March 2025 roundup: New multifamily products

Highlights this month include storage solutions for parking spaces and gem-like bathroom fixtures.

Why Bainbridge decided to launch its first fund

The firm expects to raise $250 million to acquire 1990s and newer apartments at discounts to replacement cost in the Sun Belt and mid-Atlantic markets.

New survey highlights insurance challenges for areas beyond the coasts

The Federal Reserve Bank of Minneapolis report shows that premiums rose 45% from 2023 to 2024 for apartment owners in the Upper Midwest.

Clear targets $300M for affordable housing

The Chicago firm wants to acquire distressed workforce housing in secondary and tertiary markets around the country.

Property managers turn to tech to solve their biggest challenges

While technology can ease the workload for on-site staff, many companies are looking to strike a balance with the human touch.