Capital

  • Exterior of the Federal Reserve building in Washington, D.C.
    Image attribution tooltip
    Anna Hrushka/Multifamily Dive
    Image attribution tooltip

    Apartment industry shrugs as Fed holds rates steady yet again

    In his last press conference as Federal Reserve chair, Jerome Powell announced that he plans to stay on as a governor for the central bank.

    By • April 30, 2026
  • A new york high rise with more buildings in the background and foreground.
    Image attribution tooltip
    edichenphoto via Getty Images
    Image attribution tooltip

    AvalonBay, Equity Residential reportedly mull merger: Bloomberg

    Two of the country’s top apartment owners are discussing a combination that would be one of the biggest real estate deals ever, though it’s not a sure thing, according to Bloomberg.

    By • April 30, 2026
  • A block of apartment complexes Explore the Trendline➔
    Image attribution tooltip
    Getty Images
    Image attribution tooltip
    Trendline

    Top 5 stories from Multifamily Dive

    A roundup of some of Multifamily Dive’s top stories from the past year.

    By Multifamily Dive staff
  • Three, tan mid-rise apartments
    Image attribution tooltip
    Permission granted by Ballast
    Image attribution tooltip

    Ballast picks up historic 3-property portfolio in San Francisco for $48.5M

    The six-story properties, known as the "Three Sisters," total 110 units in the city's Pacific Heights neighborhood.

    By • April 28, 2026
  • A pool area at a low-rise apartment building.
    Image attribution tooltip
    Courtesy of Hilltop Residential
    Image attribution tooltip

    Hilltop Residential closes fund with $288M in total commitments

    Fund VI will give the Houston-based multifamily investment manager approximately $1.5 to $2 billion in buying power.

    By • April 27, 2026
  • Aerial view of multiple aprtment buildings
    Image attribution tooltip
    Permission granted by Argo Real Estate
    Image attribution tooltip

    Argo Real Estate buys New York waterfront property for $45M

    The firm plans to “lease existing vacant units” and execute “targeted unit renovations” at the 164-unit asset in Nyack, according to Rafi Moskowitz, management and development associate at Argo.

    By • April 24, 2026
  • Four people wearing hard hats on scaffolding in front of a brick building.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Apartment sales ticked up 1% in Q1

    Prices were essentially flat, while cap rates rose 10 basis points over the past year to 5.8%, according to MSCI. 

    By • April 23, 2026
  • A shot at night of the Philadelphia skyline.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Philadelphia industrial conversion apartments head to servicing

    The GM Holdings Portfolio’s eight buildings had been renovated into 187 apartment units in Kensington, a “gentrifying neighborhood” in the city.

    By • April 21, 2026
  • Gray apartments surrounded by pool.
    Image attribution tooltip
    Permission granted by Interstate Equities Corporation
    Image attribution tooltip

    Why IEC is exploring student housing conversions

    With a $42.8 million portfolio buy in California, Interstate Equities Corp. plans to convert its conventional multifamily properties into by-bedroom apartments.

    By • April 20, 2026
  • Mid-level, modern multi-colored apartment building
    Image attribution tooltip
    Permission granted by LA Family Housing and Century Housing
    Image attribution tooltip
    Q&A

    Century Housing CEO on affordable housing challenges, solutions

    Newly appointed Jacqueline Waggoner discusses the California nonprofit’s development approach, barriers to building and the need for “coordinated action at scale.”

    By • April 17, 2026
  • Grid of apartments glow at night.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Mainstream insurers squeamish about risk in multifamily: Marsh McLennan

    Multifamily and affordable housing owners must focus on safety and operational discipline, according to the finance and insurance firm.

    By • April 15, 2026
  • Aerial view of apartment building
    Image attribution tooltip
    Courtesy of PRNewswire
    Image attribution tooltip

    Bascom Group adds another property in Las Vegas for $103M

    The Ellison, acquired at below-replacement cost, was an opportunity that does “not come around often,” the firm's Tom Gilfillan said.

    By • April 15, 2026
  • Mid-rise apartments surrounding grass courtyard.
    Image attribution tooltip
    Permission granted by Kennedy-Wilson Holdings
    Image attribution tooltip
    Q&A

    How Kennedy-Wilson is incorporating Toll Brothers’ development platform

    The acquisition of the homebuilder’s platform was a “huge stroke of good luck for us,” said John McCullough, who joined Kennedy-Wilson’s Multifamily Development Group from Toll.

    By • April 13, 2026
  • Brick, six-story apartment complex.
    Image attribution tooltip
    Permission granted by Greystar
    Image attribution tooltip

    Greystar tops NMHC’s list with 1M units under management

    Asset Living, ZRS Management, FPA Multifamily and Hunt Cos. were among the biggest gainers on the National Multifamily Housing Council’s listing of top owners and managers.

    By • April 10, 2026
  • Pool surrounded by an apartment community
    Image attribution tooltip
    Permission granted by Standard Real Estate Investments
    Image attribution tooltip

    Standard Real Estate Investments makes first buy in Belay Investment Group partnership

    The firms teamed up to acquire the 256-unit Martin’s Point property in Lombard, Illinois, as part of a $50 million programmatic joint venture.

    By • April 9, 2026
  • Tall residential building
    Image attribution tooltip
    Permission granted by Carmel Partners
    Image attribution tooltip

    Carmel closes $1.35B value-add apartment fund

    CEO Ron Zeff told Multifamily Dive that his firm has its best opportunity in 30 years to buy assets in coastal gateway markets, as core capital continues its retreat.

    By • April 8, 2026
  • Paper saying notice of loan default
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Multifamily delinquencies jumped 30 bps in March, as property-level fundamentals deteriorate: Trepp

    New York, New Jersey and Houston accounted for nearly 80% of the new distress, according to Stephen Buschbom, head of applied research and analytics at the firm.

    By • April 7, 2026
  • Modern apartment buildings stand against a blue sky.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    How immigration policy, demographic trends affect multifamily: John Burns

    Stricter immigration policy is lowering demand for apartments, while economic uncertainty is leading many residents to stay in rentals and delay buying a home, experts said during a recent webinar.

    By • April 6, 2026
  • Three-level tan apartments at street corner
    Image attribution tooltip
    Getty Images
    Image attribution tooltip
    Opinion

    How capital, pricing and execution are shaping multifamily

    Equity remains cautious, and has shifted emphasis from chasing upside to underwriting downside, Northmarq experts write.

    By Scott Lamontagne, Dave Martin and Dylan Steman • April 6, 2026
  • Foreclosure notice posted to a door.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Multifamily properties in Chicago, LA and Florida moved to servicing

    In some cases, the troubled loans were originated recently and quickly ran into issues, according to Morningstar Credit Analytics.

    By • April 1, 2026
  • Detroit, Michigan, USA downtown skyline from above at dusk.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Detroit to dedicate 100% of city-owned commercial property sales proceeds to affordable housing fund

    The measure is expected to generate $4 million annually for affordable housing development and preservation.

    By Ryan Kushner • March 31, 2026
  • Bell Partners' Bell Warner Center, which Bell acquired in September 2021.
    Image attribution tooltip
    Permission granted by Bell Partners
    Image attribution tooltip

    SunLife Financial buys Bell Partners for $350M

    The financial services organization will combine the Greensboro, North Carolina-based multifamily investment and operating firm with global real estate investment manager BGO

    By • March 31, 2026
  • Sign saying Federal Reserve Bank of Dallas
    Image attribution tooltip
    Permission granted by Federal Reserve Bank of Dallas
    Image attribution tooltip

    Texas multifamily loans manageable despite building spree: Dallas Fed

    While concessions bring risks to apartment owners and banks, only a few lenders reported multifamily loans exceeding capital and loan loss reserves.

    By • March 30, 2026
  • Looking up at a four-story stone building with metal fire escapes.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Apartment prices rose for the first time since 2022 in February

    Valuations ticked up 0.1%, while multifamily transactions dropped 24% during the month.

    By • March 27, 2026
  • New, three-level apartment surrounded by roads
    Image attribution tooltip
    Permission granted by ECI Group
    Image attribution tooltip

    Notable apartment deals so far in 2026

    Harbor Group International and Affinius Capital have been among the major multifamily buyers in the first quarter of this year.

    By • March 26, 2026
  • Grey and yellow, five-story apartments with ground floor retail on street corner.
    Image attribution tooltip
    Permission granted by Security Properties
    Image attribution tooltip
    Q&A

    Why Security Properties is leaving apartment operations

    By jettisoning property management, the Seattle-based company won’t need to build its portfolio around efficiencies and will have a new level of flexibility, says CEO Dan Byrnes.

    By • March 25, 2026