Construction costs dip, but tariffs hike some materials’ prices

Inputs declined overall in April due to falling energy prices, but steel and copper rose significantly while nonresidential costs continued their upward march.

Portman names new VP of development in Texas

Katie Tolson will support the company’s multifamily and mixed-use expansion across the state.

RADCO launches value-add brand with 615-unit apartment buy

With the purchase of Legacy at Riverdale, the Atlanta-based firm makes its first acquisition of this cycle.

Hilltop Residential launches multifamily development division

The investment and management firm has brought on Eric Overton to manage its new operating arm.

UDR boosts retention in Q1

The REIT posted a 97.2% occupancy rate, 40 basis points above Q4 2024.

Lendlease puts finishing touches on $316M LA apartments

The Habitat Residences is one of the developer’s last two multifamily projects underway in the U.S.

CMBS delinquencies for apartments reach highest point since 2015

The rate has risen 524 basis points over the past 12 months, according to Trepp.

Moderate apartment rent growth continues amid economic uncertainty

While year-over-year rent gains are on the decline, solid demand has buoyed the market’s performance, according to Yardi Matrix.

Washington governor signs rent control into law

The new measure sets a 7% plus interest limit on rent increases, capped at 10%.

Virginia leads the way for MAA

The Memphis-based REIT has seen turnover improve, but new lease rates are still declining year over year.

How investors are closing deals despite Treasury volatility

In this environment, success depends on “disciplined underwriting, aggressive stress testing and staying flexible,” according to an executive.

Trump proposes cutting $33B in HUD funding, including Section 8

The budget proposal prioritizes state-based grants over federal aid, and would include a two-year cap on rental assistance for adults without disabilities.

CAPREIT acquires 2 Maryland properties

The North Bethesda, Maryland-based firm has dedicated $5 million toward upgrades, which will include a refresh of building exteriors, amenities and common areas.

International multifamily investors undeterred by US trade turbulence

While a majority of foreign financiers have a negative outlook for U.S. property, 44% still plan to grow their holdings in 2025, according to a new report.

Essex sees new lease rents turn positive

Despite its strong first quarter, the West Coast REIT didn’t raise guidance, citing economic uncertainty.

Fast-growing Dominium preps its first affordable BTR townhomes

Saddleback Village at Stonegate, breaking ground soon in Maricopa, Arizona, will serve residents making 60% or less of the area median income.

Blue Ridge Cos. transitions management business to Willow Bridge

The move will allow the High Point, North Carolina-based firm to focus on future development and long-term asset performance.

Senate bill aims to raise FHA multifamily loan limits

The Housing Affordability Act would allow developers to borrow over four times more per unit compared to the current amount.

EQR hits all-time low for turnover

The 7.9% rate was due in part to the Chicago-based REIT’s centralized renewal process, according to COO Michael Manelis.

Parsons: Tariff concerns mean uncertainty for multifamily owners, investors

Former RealPage Chief Economist Jay Parsons unpacks the future impacts of supply, rent growth and rent control legislation.

American South Capital Partners buys New Orleans apartment property

The firm utilized Community Development Block Grant dollars to make the underwriting feasible amid rising insurance costs.

Parkspring plans 372 garden-style units in Waco, Texas

Commons at Cottonwood Creek is set to take advantage of the city’s rapid population and job growth, according to the developer.

Three Steps Properties buys troubled Oakland apartments for $78M

An affiliate of Union Labor Life Insurance Co. sold the 206-unit Zo residential tower.

Related California opens Silicon Valley apartments as return-to-office ramps up

Adjacent to Levi’s Stadium, The Clara features 508 units ranging from studios to three-bedrooms and penthouses.

Top multifamily players detail their most important amenities

Property specialists from Greystar, Bozzuto and Cardinal Group highlighted the strategies that drive value during a recent webinar.