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  • Exterior picture of upper floor of a modern, white apartment building with corner balconies
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    Permission granted by UDR
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    Apartment REIT UDR’s CFO takes on chief investment officer role

    The Colorado-based real estate investment trust is on the hunt for a new finance chief to succeed Joseph Fisher.

  • Pool surrounded by new, white apartments
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    Permission granted by CP Capital
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    DEALS + STARTS

    CP Capital makes Boston-area deal

    In the just-announced transaction, the New York City-based real estate investment manager sold Hathon, a 190-unit apartment community in Medway, Massachusetts.

  • The Sydney, Australia, skyline.
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    Mlenny via Getty Images
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    DEALS + STARTS

    Greystar acquires $1B Australian student housing portfolio

    The transaction, finalized in mid-December, includes seven properties with a total of 5,662 beds across five cities.

    Updated Jan. 3, 2025
  • A professional headshot of Sean Henry.
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    Permission granted by Portman
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    EXECUTIVE MOVES

    Portman hires SVP to spearhead new multifamily acquisitions division

    Sean Henry will evaluate investment opportunities for the company in the Southeast, Texas and Florida.

  • Apartments next to water
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    Permission granted by CF Capital
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    DEALS + STARTS

    CF Capital buys 314 Indy units for $50M

    The firm assumed in-place Freddie Mac financing to purchase the partially renovated Island Club Apartments, where it plans to invest $2.8 million in upgrades.

  • Cars are parked in a multistory garage.
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    dies-irae via Getty Images
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    Many apartment owners charge less than market rate for parking

    In some cities, the price difference between apartment and commercial parking is as wide as 753%, according to a new report.

  • Crane and building under construction against blue sky
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    unkas_photo via Getty Images
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    Starts fall dramatically

    Completions rose 13.6% year over year, markedly lower than the 61% YOY increase in October, while permits jumped.

  • A mid-rise apartment building next to a dock full of boats.
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    Permission granted by Middle Street Partners
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    EXECUTIVE MOVES

    Middle Street Partners adds Marysa Raymond as director of asset management

    The former Greystar senior director joins the company as it expands development and acquisitions in the Southeast.

  • Exterior view of modern apartment building
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    Sundry Photography via Getty Images
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    MSCI: Apartment sales jump 40%

    Buoyed by Blackstone’s purchase of AIR in June, 2024 apartment sales exceeded 2023’s totals.

  • Aerial view of downtown Lexington and the campus of the University of Kentucky
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    Ivelin Denev via Getty Images
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    Investcorp acquires 4 student assets for $300M

    The properties, which encompass more than 2,500 beds, are located at major schools in Texas, Kentucky and Oklahoma.

  • A mid-rise apartment building. Several flags and signs are on the lawn.
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    Google Maps

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    Property buyer sues developer for ‘misrepresented’ $70M sale in St. Louis

    Silverstone Management alleges the development firm did not disclose construction defects and artificially inflated occupancy at a 272-unit property.

  • Pool surrounded by apartment building and palm trees
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    Permission granted by Walker & Dunlop
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    Mesirow makes $185M San Diego acquisition

    The purchase of the 410-unit Preserve at Melrose is the area’s second-largest deal of the year.

  • Sacramento, California, outside the capitol building
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    DustyPixel/iStock via Getty Images
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    Owners, operators adjust to recent regulatory changes

    Multifamily professionals in California and New York have seen the most new laws come into play.

  • A single-story single-family home.
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    Permission granted by Atlas Real Estate
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    Q&A

    Keeping the human element in a centralized strategy

    Atlas Real Estate’s property management model incorporates automation and artificial intelligence, but still ensures tenants can speak to staff.

    Updated Dec. 18, 2024
  • FTC surveillance pricing probe
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    mphillips007 via Getty Images
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    FTC finalizes junk fees rule

    The measure, which targets event ticketing and short-term rentals, does not directly address the multifamily industry.

    Updated Dec. 17, 2024
  • A building under construction rises on a street corner.
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    Courtesy of Turner Construction
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    Turner tops out $345M California mixed-use project

    222 North City, developed by San Diego-based Sea Breeze Properties, will create 460 residential units across two 12-story towers.

  • A modern, mid-rise apartment building with a wood and white panel facade.
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    Colleen Michaels via Getty Images
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    Canyon raises $1.2B investment vehicle

    CRED III will target real estate debt investments and real estate credit securities across the U.S.

  • A mid-rise apartment building with a red exterior.
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    Permission granted by Optima
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    DEALS + STARTS

    Optima plans to double unit count on Chicago’s North Shore

    Optima Lumina will be the developer’s second mixed-use project in Wilmette, Illinois, located next door to the first.

  • A streetscape surrounded by buildings.
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    Courtesy of City of Louisville
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    Sports developer pitches $250M project next to Louisville’s Slugger Field

    The Louisville Sports Entertainment District would include rental units, a hotel, shops and a new field entrance.

  • A rooftop pool deck with lounge chairs.
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    Permission granted by Portland Residential
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    PROJECT SPOTLIGHT

    Portman links apartments with office tower in Charlotte’s South End

    Pre-leasing has begun at the 370-unit Linea tower, situated along a future light rail stop.

  • Modern apartment complex with a pool in the foreground.
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    Permission granted by MAA
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    ‘Not a bad legacy’: Bolton stepping down at MAA

    Brad Hill will take over as CEO, effective April 1, 2025, for the second-largest apartment owner in the county.

  • An exterior view of a court house.
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    PierreDesrosiers via Getty Images
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    Judge denies request to toss out Yardi case

    The software provider and 10 apartment operators argued that the plantiffs didn’t have standing and were “attempting to manufacture a Sherman Act violation.”

  • An aerial view of the Manhattan skyline at sunset.
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    Nafiz Rahat via Getty Images
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    508-unit NYC building likely to head to servicing

    The property, 180 Water St., has a $265 million loan that originated in 2019 and an additional $100 million in mezzanine debt.

  • Wood-framed apartment complex under construction
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    Maudib via Getty Images
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    New supply leads rent prices lower

    The national average rent fell by $5 in November, and growth is slowing month over month in most major markets.

  • A city street lined with small storefronts. People walk across the street at a crosswalk.
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    World photo via Getty Images
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    New York City makes sweeping zoning changes to address housing crisis

    The plan approved last week creates the nation’s most populous area without parking mandates for new residential construction. It also eases office-to-residential conversions and allows more density.