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DEALS + STARTS
Kushner property in NJ designed for active adults as well as all-age renters
The redevelopment of a hotel site into two apartment buildings is expected to be completed in 2027.
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EXECUTIVE MOVES
TruAmerica makes strategic promotions in Western markets
Key appointments across the Pacific Northwest and Desert regions aim to strengthen operational expertise and regional presence.
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Issues in Los Angeles weigh on Essex’s second quarter
More than five years after COVID-19 hit the U.S., eviction moratoriums are still a drag on the REIT’s performance.
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Q&A
How MBH Architects uses modular methods to expedite affordable housing
Prescott Station in Oakland, California, will provide 235 affordable units after nearly 10 years on hiatus, director Timothy Haley says.
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More Houston apartments go to servicing
The reason for the transfer of the four properties owned by Rao J. Polavarapu’s Falls Apartment Group was not entirely apparent, according to Morningstar.
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Single-family rents trend lower amid high deliveries
Overall prices remain high following five years of rapid growth, with some markets requiring $200,000 in annual income to comfortably rent a three-bedroom home.
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Multifamily deals that caught our eye this summer
Despite a slight slowdown in the second quarter, several notable apartment trades were announced recently.
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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.
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PROJECT SPOTLIGHT
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.
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EXECUTIVE MOVES
Bell Partners hires new CFO
Quarterra alum Sarah Young will succeed John Tomlinson, who will retire later in August.
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Q&A
Investor brings apartment conversion craze to former hotel properties
Sage Investment Group is acquiring underutilized lodging properties and transforming them into workforce studios.
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DEALS + STARTS
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.
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EXECUTIVE MOVES
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.
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PRODUCTS
July 2025 roundup: New multifamily products
Summer selections include pet policy compliance tools and a property access solution via QR code.
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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.
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Platte Canyon makes first apartment acquisition
The recently launched firm’s off-market purchase in San Antonio, Texas, indicates a potential contrarian approach.
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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.
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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.
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Opinion
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.
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DEALS + STARTS
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.
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Q&A
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.
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Apartment deal flow falls 14% in Q2
Despite the drop, sales volume numbers revealed some positive trends for the multifamily industry.
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Apartment leaders speak out: July 2025
Executives from American Landmark, Thompson Thrift, Standard Communities and more talk about their latest challenges and successes.
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DEALS + STARTS
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.
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NAHB: Multifamily completions hit 38-year high
The South accounted for 48% of deliveries in 2024, followed by the West at 27%.