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.

Rent growth slowed by strong supply, economic uncertainty

Sun Belt markets are seeing high new unit absorption as demand remains robust.

How to avoid prospects tuning out on social media

Devin Lusk, director of marketing at American Landmark, uses authentic storytelling, not stock photos, to build trust with prospective renters.

Refinancing risk will bring apartment acquisition opportunities

Multifamily loans are the “largest slice of upcoming maturity volume,” according to Trepp.

625 student beds underway in high-demand University of Michigan market

Chapter Ann Arbor, developed by CRG and Shapack Partners, will be located within one block of campus.

St. John Properties moves into multifamily construction

The Baltimore-based real estate developer has brought in Michael Poirot to oversee the new division.

Multifamily developer overcomes South Florida’s challenges

Rene Bello encounters hurdles with labor, insurance and interest rates when trying to pencil out new projects.

S2 Capital closes $373M distressed apartment fund

The Dallas-based multifamily owner is targeting properties in high-growth markets, including Texas and the Carolinas.

ZOM Living adds 359 units near Austin, Texas, tech giants

Azola Avery Centre, located in the Avery Centre master-planned community in Round Rock, Texas, includes built-in work-from-home space and private yards in select units.

Midloch acquires apartments built in former Pabst malt house

The firm secured the Milwaukee landmark in a joint venture with Hempel Real Estate for $19.2 million.

Standard Communities expands construction division, enters new markets

The Los Angeles-based affordable housing firm has brought on Caitlin Gossens to lead its capital markets team.

Balfour Beatty breaks ground on $260M DC apartment building

The property, which is part of a public-private partnership with the District of Columbia, will contain 356 market-rate residences.

Slate buys $226M Sun Belt apartment portfolio

Peter Tsoulogiannis, chief investment officer at the Chicago-based real estate investor, discussed the motivation to acquire the 1,600 garden-style units.

How big-box retail projects can help support affordable housing

Architect Yanitza Brongers-Marrero looks to an upcoming Costco-anchored mixed-use project in Los Angeles as a model for financing and public benefit.

Leasing underway at 162-unit property near Montana State University

Clarion Partners’ Highmark development is in a Qualified Opportunity Zone, a program that became permanent last week with the passage of the federal budget bill.

Troubled Connecticut property hits the market

The LLCs that own the 210-unit Covered Bridge complex in Newtown declared bankruptcy after cost overruns and interest rate increases.

Loss of 179D deduction could derail office conversions

Although the deduction is about making commercial buildings energy efficient, it’s been key to owners’ willingness to invest in obsolete and financially distressed properties, supporters say.

California walks back environmental law for housing, advanced manufacturing

The changes to the California Environmental Quality Act could greatly speed up the issuance of building permits.

Austin apartments go to special servicing

The Texas assets, owned by Keller Capital and backed by a $110 million loan, experienced a 16% decline in their 2024 net cash flow from issuance.

The colleges with the strongest preleasing for student housing

As schools gear up for students’ return this fall, enrollment headwinds may stand in the way of future growth, according to a new report.