Deal volume has been stubbornly lackluster across the multifamily sector through the first half of 2026, with April sales hitting a low not seen since 2020, according to MSCI.
However, mergers and acquisitions have propped up the market. For instance, in May, the closing of the Veris Residential privatization deal, which was the first multibillion-dollar entity-level deal to reach the finish line since 2024, drove sales volume up 34%, according to MSCI.
The last couple of months have brought even more M&A announcements across the multifamily world. In some cases, the announcements brought together two large REITs. In others, companies with large management platforms and development pipelines came together.
Read on to see the biggest multifamily M&As from the first half of the year.
