Capital


  • Wall Street sign in the financial district of New York City.
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    JaysonPhotography via Getty Images
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    REIT Report

    MAA sees new lease pricing improve after 7% fall

    The REIT’s blended pricing rose 130 basis points in January, and the firm expects fundamentals to improve as the year plays out.

    By Feb. 26, 2024
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    Permission granted by Forum Investment Group
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    Q&A

    Is the sales market thawing?

    Forum Investment Group’s Darren Fisk compares the environment to a “frozen lake in Minnesota” but thinks the ice may be starting to crack.

    By Feb. 23, 2024
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    Arturo Rosenow via Getty Images
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    Trendline

    Top 5 stories from Multifamily Dive

    A roundup of some of Multifamily Dive’s top stories of 2024.

    By Multifamily Dive staff
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    Feverpitched via Getty Images
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    Invitation aims to buy up to $1B in houses in 2024

    The single-family rental owner is also looking to expand its new third-party management business.

    By Feb. 23, 2024
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    ribeirorocha via Getty Images
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    Apartment starts fall 38%

    Developers completed 538,000 units during January, a 53.7% YOY jump.

    By Feb. 22, 2024
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    Pgiam via Getty Images
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    REIT Report

    Essex sees improvements in delinquencies

    Although the REIT operates in relatively low-supply markets, it only expects 1.25% in rent growth.

    By Feb. 21, 2024
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    StockByM via Getty Images
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    Troubled NYC tower sold for $265M

    Gotham Organization and Carlyle Group recently bought the Aire, a 310-unit luxury property on the Upper West Side.

    By Feb. 20, 2024
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    franckreporter via Getty Images
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    REIT Report

    UDR turns to defense

    In addition to focusing on occupancy, the REIT is using AI to combat fraud.

    By Feb. 16, 2024
  • A curved beige building with rows of square windows.
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    Highsmith, Carol M. (2011). "Robert C. Weaver Federal Building, headquarters of HUD, the U.S. Department of Housing and Urban Development, Washington, D.C" [Photograph]. Retrieved from Wikimedia Commons.
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    HUD awards $3.1B to homelessness assistance projects

    The Continuum of Care grants support 7,000 housing and supportive service programs.

    By Feb. 15, 2024
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    Permission granted by UDR
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    UDR assumes ownership of Mill Creek lease-up development in Oakland

    The REIT had provided $45.2 million in preferred equity for the 173-unit asset.

    By Feb. 15, 2024
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    rabbit75_ist/iStock/Getty Images Plus via Getty Images
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    REIT Report

    Camden expects a ‘transition year’ for supply, with the highest concessions in Nashville and Austin

    Overall, the firm predicts property revenues to fall between 0.5% to 2.5%, with Southern California leading the way.

    By Feb. 14, 2024
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    f11photo via Getty Images
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    Lender forecloses on Greystar tower in Dallas

    Areeif Lender W LLC, an affiliate of Ares Commercial Real Estate, has taken control of The Gabriella.

    By Feb. 13, 2024
  • Low angle view of the Stock Exchange sign on the facade of the New York Stock Exchange on Wall street, Manhattan.
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    https://www.gettyimages.com/detail/photo/stock-exchange-sign-royalty-free-image/157338910?phrase=wall%20street&adppopup=true via Getty Images
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    REIT Report

    AVB generated $10M from its AvalonConnect rollout in 2023

    Like EQR, the REIT expects a slower year in 2024 with NOI growth of 1.25%.

    By Feb. 12, 2024
  • Pool in front of palm trees and a four-story new apartment building.
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    Permission granted by Universe Holdings
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    DEALS + STARTS

    Universe Holdings enters Tampa with $66M purchase

    The Los Angeles-based firm bought Pearce at Pavilion in a transaction where it assumed the Fannie Mae loan.

    By Feb. 9, 2024
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    kevinjeon00 via Getty Images
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    REIT Report

    EQR sees renewal rents above 5%

    The REIT expects to see costs fall in 2024, including those from payroll, maintenance and repair.

    By Feb. 7, 2024
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    Permission granted by National Multifamily Housing Council
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    4 takeaways from the NMHC conference

    The association’s packed event in San Diego last week featured lots of commentary about housing supply.

    By Feb. 6, 2024
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    Sundry Photography via Getty Images
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    MSCI: Apartment sales drop 61%

    Pricing fell 8.4% in 2023, and cap rates rose for garden and mid- and high-rise properties.

    By Feb. 5, 2024
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    Permission granted by Standard Real Estate Investments
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    DEALS + STARTS

    Standard secures off-market deal in Chicago suburbs

    The company bought the 416-unit workforce asset in Naperville from Pensam Capital.

    By Feb. 2, 2024
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    Permission granted by JPI
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    DEALS + STARTS

    JPI partners with Kroger for a project in Lewisville, Texas

    In another deal, the developer will build a workforce project in Ft. Worth.

    By Jan. 31, 2024
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    webking via Getty Images
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    Fitch: Multifamily CMBS delinquencies to double in 2024

    Heightened levels of new supply, slowing revenue growth and higher expenses will challenge apartments.

    By Jan. 29, 2024
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    Getty/Baona via Getty Images
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    What apartment leaders need to know for 2024

    It’s anyone’s guess what will happen in the next 12 months, but these insights from multifamily pros can help bring the year into focus. 

    By Multifamily Dive Staff • Jan. 26, 2024
  • Two-story apartments and a clubhouse surrounding a pool.
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    Permission granted by The Mogharebi Group
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    DEALS + STARTS

    How an exchange buyer secured the largest deal of 2023 in California’s Central Valley

    Sellers Osso Capital and Graceada Partners hit their targeted returns at The Edge at Lakewood in Modesto.

    By Jan. 25, 2024
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    CHUNYIP WONG via Getty Images
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    2024 OUTLOOK

    5 predictions for apartment development in 2024

    As starts fall, labor and land will be impacted.

    By Jan. 24, 2024
  • Exterior view of multifamily residential building under construction.
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    Sundry Photography via Getty Images
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    Apartment starts fall 9.5%

    Permits for apartments in buildings with five or more units dropped 26.6% in December, showing the continued obstacles developers face with financing.

    By Jan. 23, 2024
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    Maudib via Getty Images
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    2024 OUTLOOK

    Where rents will go in 2024

    New supply and concessions will be the headline stories in apartment markets this year.

    By Jan. 17, 2024
  • New single-family homes along a street with trees in the background.
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    Permission granted by ARK Homes For Rent
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    Q&A

    The evolution of build to rent

    As he embarks on a new role as CEO of ARK Homes For Rent, John Isakson sees an opportunity to define the BTR sector.

    By Jan. 16, 2024