Capital


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    AVB raises NOI guidance

    The Virginia-based REIT expects to see a reacceleration of asking rents in Q4, compared to softer comps in 2023.

    By Nov. 25, 2024
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    vkyryl via Getty Images
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    MSCI: Cap rates rise 20 bps this year

    Apartment sales volume increased 18% YOY in October, while prices fell 6.1%.

    By Nov. 25, 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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    Apartment completions jump 61% YOY

    Starts dropped 12% year over year as new multifamily development continues to cool.

    By Nov. 25, 2024
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    Courtesy of Fannie Mae
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    FHFA announces higher caps for Freddie, Fannie

    The announcement comes as questions surround the future of GSEs under the incoming Trump administration.

    By Nov. 21, 2024
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    franckreporter via Getty Images
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    REIT Report

    Camden reduces revenue guidance

    New supply and the removal of non-paying tenants were headwinds for the Houston-based REIT in the third quarter.

    By Nov. 20, 2024
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    tntemerson via Getty Images
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    Multifamily inches down to $14.2B in distress

    Despite a staggering amount of troubled properties, a number of reports point to an improving landscape.

    By Nov. 19, 2024
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    How centralization is shaping the apartment industry

    Changes in maintenance, administration and staffing are in the works as management firms move jobs off-site.

    By Nov. 15, 2024
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    Lakeland goes off-market to buy Massachusetts property

    The firm secured 135 Main Street through a previous relationship and plans value-add upgrades at the asset.

    By Nov. 15, 2024
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    Permission granted by Archway Equities
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    DEALS + STARTS

    Archway grabs deal for 30% discount in Dallas

    The California-based firm plans exterior and amenity upgrades at the Coronado Apartment Homes.

    By Nov. 14, 2024
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    Harrison Street sells student portfolio for $893M

    The Scion Group and a major institutional investor bought the 14 communities totaling 8,724 beds.

    By Nov. 13, 2024
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    Joe Raedle via Getty Images
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    Insurance costs soften but higher premiums are on the horizon

    Costs have moderated after huge jumps in previous years, according to multifamily executives and insurance experts.

    By Nov. 13, 2024
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    Spencer Platt via Getty Images
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    REIT Report

    MAA: Deliveries peaked in Q3

    The Memphis-based REIT saw new apartment openings taper off in its markets.

    By Nov. 11, 2024
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    Standard Communities acquires $1B portfolio

    The firm plans to invest over $30 million in capital improvements and deferred maintenance across the 6,000 units in more than 60 communities.

    By Nov. 8, 2024
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    Douglas Rissing via Getty Images
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    Fed cuts rates by 25 bps

    Treasuries jumped after the September rate reduction and again since the presidential election was called.

    By Nov. 7, 2024
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    REIT Report

    Essex sees strength in Seattle

    The California-based REIT’s same-store revenue growth helped it beat guidance in Q3.

    By Nov. 7, 2024
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    Bill-Dally via Getty Images
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    West Coast cap rates fall

    Demand for well-located properties is rising, but inventory remains low.

    By Nov. 4, 2024
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    YayaErnst via Getty Images
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    Senators question KKR’s acquisition of 5,200 units

    The lawmakers, including Sen. Elizabeth Warren, scrutinized the deal’s potential to “exacerbate rising rent costs in regions across the United States.”

    By Nov. 1, 2024
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    alfexe via Getty Images
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    PGIM, Citymark enter JV to buy debt

    The firms will target both performing and non-performing loans.

    By Oct. 31, 2024
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    Mlenny via Getty Images
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    DEALS + STARTS

    Greystar reportedly in talks to buy $1.1B Australian student housing portfolio

    If finalized, the transaction would include seven properties with a total of 5,662 beds across five cities.

    By Oct. 29, 2024
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    elxeneize via Getty Images
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    MSCI: Apartment sales volume increases for second consecutive quarter

    Prices fell 6.3% year over year in Q3, but the pace of decline is moderating.

    By Oct. 28, 2024
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    DEALS + STARTS

    Lion Real Estate Group nabs off-market deal in Houston

    The investment firm saw an opportunity to secure a 25-year-old property at a good yield.

    By Oct. 25, 2024
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    Resia sells, retains management of Florida property

    Kayne Anderson Real Estate bought Resia Old Cutler from the Miami-based firm using Fannie Mae debt.

    By Oct. 24, 2024
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    The image by Lomofan77 is licensed under CC BY-SA 4.0
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    Historic Philadelphia building goes into servicing

    The Brush Factory Lofts, which sits in a neighborhood where rents are falling, saw its loan hit 90 days’ delinquent in August.

    By Oct. 23, 2024
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    CHUNYIP WONG via Getty Images
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    Apartment completions jump 42% YOY

    September apartment starts fell 15% from a year ago, while units under construction dropped 17%.

    By Oct. 21, 2024
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    Permission granted by The Astor Companies
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    Q&A

    The challenges of building workforce housing

    Astor Cos. CEO Henry Torres is using the Live Local Act to add attainable rentals to his portfolio of luxury properties.

    By Oct. 21, 2024