Capital


  • Brown, brick garden-style apartments
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    Permission granted by Nuveen
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    Nuveen strikes $100M deal with CalPERS

    The nation’s fourth-largest owner is working to preserve housing for residents earning less than 80% of the area median income.

    By June 14, 2024
  • A table with chairs in a common area in a luxury apartment building
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    Permission granted by Cushman & Wakefield Multifamily Asset Services
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    Q&A

    Woody Stone sees more M&A coming in the management space

    The president of Cushman & Wakefield Multifamily Asset Services says some larger owners are moving to limit the number of operators they work with.

    By June 11, 2024
  • A block of apartment complexes Explore the Trendline
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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
  • Apartment property with trees and grass to the right
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    Permission granted by CBRE
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    DEALS + STARTS

    Nuveen lands Minneapolis-area property for almost $50M

    Capreit sold the four-building, 282-unit complex that was built in 1998.

    By June 10, 2024
  • Dark high-rise apartment building
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    Retrieved from Tribeca NoMa.
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    Another DC building heads to auction

    A second apartment in Washington’s NoMa neighborhood faces foreclosure.

    By June 6, 2024
  • Light colored modern apartment building with a grocery on the ground floor
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    Permission granted by Bozzuto
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    Q&A

    How Bozzuto evaluates new construction projects

    President of development Mike Henehan says the company is looking at location, partners and the overall structure of deals.

    By June 5, 2024
  • Four story building with Peets Coffee on the ground floor
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    Permission granted by Cityview
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    DEALS + STARTS

    Cityview, Greystar sell California property

    Although a buyer wasn’t named, the 164-unit asset in Mountain View is now listed on Essex Property Trust’s website.

    By June 3, 2024
  • Ranger Properties’ Washington, DC, building sold at auction

    HH Fund bought the 110-unit project in the city’s Union Market neighborhood for $38.3 million.

    By May 31, 2024
  • Two-story brown, brick apartments with grass and tree in the foreground.
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    Permission granted by Lion Real Estate Group
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    DEALS + STARTS

    Lion Real Estate Group moves into Charlotte, North Carolina

    The real estate investment and asset management firm has acquired a 225-unit apartment complex in the northern part of the the city.

    By May 29, 2024
  • The evening sun is reflected in the modern apartment building with balconies.
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    deepblue4you via Getty Images
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    MSCI: Cap rates increase 50 bps to 5.4%

    Transaction volume fell almost 50% year over year to $4.5 billion.

    By May 28, 2024
  • A building with vegetation growing along the sides.
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    _ultraforma_ via Getty Images
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    Sustainability is a ‘differentiator’ for multifamily developers

    With regulations and incentives now widespread, experts encourage looking at energy-efficient features with an entrepreneurial lens.

    By May 23, 2024
  • The Wall Street sign in the Financial District of Lower Manhattan in New York City.
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    hapabapa via Getty Images
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    REITs beat expectations in Q1

    Strong occupancy and resident retention set the stage for outperformance.

    By May 23, 2024
  • Multifamily residential building under construction
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    Sundry Photography via Getty Images
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    Apartment starts continue to drop

    Permits also fell during April, while completions rose 18%.

    By May 22, 2024
  • Overhead picture of apartment communities and a pool.
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    Permission granted by Harbor Group International
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    Q&A

    Harbor Group eyes more buys

    The nation’s No. 19 apartment owner thinks the window is open to acquire newly built assets.

    By May 21, 2024
  • Wall Street sign with american flags and New York Stock Exchange
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    lucky-photographer via Getty Images
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    REIT Report

    Renewal and new lease rates diverge for MAA

    The REIT’s existing residents paid 5% more YOY in Q1, but supply pushed new rents down 6.2%.

    By May 20, 2024
  • Aerial view of skyscraper buildings in San Francisco financial district during dusk
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    simonkr via Getty Images
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    Trepp: Servicing rate passes 5% for first time in 7 years

    Apartment distress also jumped in April, according to Cred iQ.

    By May 17, 2024
  • Aerial panoramic cityscape view of San Francisco skyline with high rises and water to the right.
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    heyengel via Getty Images
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    Another massive San Fran portfolio heading back to its lender

    Goldman Sachs and Ballast Investments are expected to hand 1,200 apartments to RBC Real Estate Capital Corp.

    By May 16, 2024
  • A street sign marks the intersection of Wall and Broad Streets in Manhattan.
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    rabbit75_ist/iStock/Getty Images Plus via Getty Images
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    REIT Report

    Camden sees favorable trends in insurance, taxes and bad debt

    Although supply remains a problem, demand is durable in the REIT’s markets.

    By May 15, 2024
  • Tan, three-story apartment building with palm trees and a pool in the foreground.
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    Permission granted by Bell Partners
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    DEALS + STARTS

    Bell buys 492-unit property in Southern California for $146M

    The addition of Bell Murrieta Springs gives the owner and operator 11 properties in the region.

    By May 15, 2024
  • View from the the ground looking up at high rises and Wall St. and Front St. signs.
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    franckreporter via Getty Images
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    REIT Report

    UDR plans to back off of high occupancy to boost rents

    Despite solid results, the REIT isn’t raising its full-year guidance.

    By May 13, 2024
  • Five-story white apartments surrounded by palm tress and cars
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    Permission granted by American Landmark
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    DEALS + STARTS

    American Landmark grabs a 444-unit deal in Tampa

    The apartment owner was able to secure lower insurance than its competitors, which helped it purchase the waterfront property.

    By May 13, 2024
  • Silicon Valley as viewed from Hunter's Point in Fremont Older Open Space Preserve. The cities of San Jose, Santa Clara, Sunnyvale, and Cupertino are visible.
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    Bill-Dally via Getty Images
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    Essex assumes ownership of California asset

    The REIT had provided a $14.7 million preferred investment in the 75-unit community in Sunnyvale.

    By May 9, 2024
  • American flags in front of marble building
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    lucky-photographer via Getty Images
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    REIT Report

    Essex raises revenue guidance

    Improvement in delinquencies helped power the REIT’s better-than-expected first-quarter numbers.

    By May 8, 2024
  • Four-level multi-colored apartment building with trees in the foreground.
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    Permission granted by Bozzuto
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    DEALS + STARTS

    Bozzuto makes first acquisition in 16 years with Gables purchase

    With development becoming more difficult to underwrite, the company is focused on buying stabilized properties on the East Coast.

    By May 7, 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 beats estimates, raises guidance

    Strong occupancy and low move-outs to buy homes gave the REIT pricing power into spring leasing season.

    By May 6, 2024
  • Brown brick apartment buildings with streets in the foreground.
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    Permission granted by Carleton Cos.
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    Q&A

    Carleton Management Services’ new CEO sees a path for midsize firms

    As operators go through a period of consolidation, Tasha Krawiec says some owners prefer smaller firms.

    By May 6, 2024