Capital


  • Aerial picture of apartment community
    Image attribution tooltip
    Permission granted by Hamilton Point Investments
    Image attribution tooltip
    Q&A

    Finance exec says now is a good time to buy apartments

    Hamilton Point Investments recently bought four new properties in Houston and is ready to make more deals, according to co-founder Matt Sharp.

    By July 18, 2024
  • High rise building with a Whole Foods in the foreground
    Image attribution tooltip
    Retrieved from Flaherty & Collins.
    Image attribution tooltip

    Lender moves to foreclose on Flaherty & Collins’ Indianapolis high-rise

    Prime Finance is suing for $101 million after the apartment developer allegedly defaulted on payments on the 27-story property.

    By July 17, 2024
  • A block of apartment complexes Explore the Trendline
    Image attribution tooltip
    Arturo Rosenow via Getty Images
    Image attribution tooltip
    Trendline

    Top 5 stories from Multifamily Dive

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

    By Multifamily Dive staff
  • Photo of a invoice with past due stamp
    Image attribution tooltip
    webking via Getty Images
    Image attribution tooltip

    Trepp: Multifamily CMBS delinquency moves past 2%

    The special servicing rate for apartments fell in June but remained above 5%.

    By July 15, 2024
  • the bottom of a high-rise building in San Francisco surrounded by streets smaller buildings
    Image attribution tooltip
    Retrieved from Crescent Heights.
    Image attribution tooltip

    Crescent Heights secures loan modification at beleaguered San Francisco property

    The developer will retain control of the 754-unit NEMA San Francisco apartment complex after paying its lenders $10.5 million.

    By July 12, 2024
  • Aerial picture of brick apartments, grass, parking lots and a pool.
    Image attribution tooltip
    Permission granted by Morgan Properties
    Image attribution tooltip

    Morgan acquires 3,434 units in its home state

    The apartment owner plans $80 million in upgrades at the 11 properties in Pennsylvania.

    By July 10, 2024
  • A person showing a property through an online video call using a tablet computer.
    Image attribution tooltip
    andresr via Getty Images
    Image attribution tooltip

    Proptech funding drops 14.3%

    Ninety-one percent of tech firms anticipate raising capital, and 45% expect that to happen in the next 10 to 12 months.

    By July 9, 2024
  • Picture of a pool at an apartment property
    Image attribution tooltip
    Permission granted by Mill Creek
    Image attribution tooltip
    DEALS + STARTS

    Inside Mill Creek’s evolution to a full-service investment management firm

    Although the Florida-based developer made its name in new construction, value-add purchases and structured products will represent a larger part of the business going forward.

    By July 8, 2024
  • Bright colored high-rise apartments towering above nearby properties.
    Image attribution tooltip
    Permission granted by KKR
    Image attribution tooltip

    KKR purchases Quarterra portfolio for $2.1B

    Carter-Haston, MG Properties and Dalan Real Estate will operate the assets for the New York City-based global investment firm.

    By June 28, 2024
  • Tan and brown brick apartment building with balconies
    Image attribution tooltip
    elxeneize via Getty Images
    Image attribution tooltip

    MSCI: Prices have fallen over 20% in less than 2 years

    Additionally, apartment sales dropped 44% year over year in May to $6.7 billion.

    By June 27, 2024
  • Construction framing of wood building.
    Image attribution tooltip
    ribeirorocha via Getty Images
    Image attribution tooltip

    Apartment starts plummet 52%

    Completions for buildings with five or more units rose only 0.8% in May as investors eyed new buildings.

    By June 25, 2024
  • A rendering of the exterior of a multifamily building.
    Image attribution tooltip
    Permission granted by KGD Architecture
    Image attribution tooltip

    Clark makes headway on first affordable housing project in Tysons, Virginia

    Amazon is funding $56 million of the project through its housing equity fund.

    By Zachary Phillips • June 24, 2024
  • Light blue garden-style apartment with grass in the foreground.
    Image attribution tooltip
    Permission granted by Matheson Capital
    Image attribution tooltip
    DEALS + STARTS

    Growing Charleston, South Carolina-based firm enters Georgia, making its largest deal to date

    Matheson Capital purchased the 248-unit Residences at St. George in Savannah — its 14th acquisition as the lead sponsor.

    By June 24, 2024
  • A rendering of new construction on the Merchant Building in Columbus, Ohio, at night.
    Image attribution tooltip
    Retrieved from NAI Ohio Equities on June 13, 2024
    Image attribution tooltip

    Merchant Building to add 174 units to downtown Columbus, Ohio

    Gilbane is building the 32-story mixed-use structure, which is scheduled to open in 2026.

    By Matthew Thibault • June 24, 2024
  • Ground floor of new, white apartment complex with Soltra Kierland sign.
    Image attribution tooltip
    Permission granted by Leon Capital Group
    Image attribution tooltip
    Q&A

    Inside a Dallas developer’s plan for 2,000 starts this year

    The president of Leon Capital Group’s multifamily division sees an opportunity to deliver new apartments into rent growth.

    By June 20, 2024
  • A rendering shows the vision for two residential towers in Beverly Hills, California.
    Image attribution tooltip
    Courtesy of Foster + Partners & Kerry Hill Architects
    Image attribution tooltip

    Cain International, OKO Group start $5B mixed-use development in California

    Turner Construction will lead site management on One Beverly Hills, which includes two condo towers and an Aman Group hotel.

    By Joe Bousquin • Updated June 24, 2024
  • New apartment building surrounded by a pool
    Image attribution tooltip
    Permission granted by Palladius Capital Management
    Image attribution tooltip
    DEALS + STARTS

    Palladius Capital Management grabs a student property in San Antonio

    CEO Nitin Chexal explains why the firm has invested $170 million along the I-35 corridor over the last 12 months.

    By June 18, 2024
  • Bank corporate finance building seen from below. The sign "bank" visible close.
    Image attribution tooltip
    olaser via Getty Images
    Image attribution tooltip

    Trepp: Delinquencies increase again as servicing rate rises

    There was $245 million in newly delinquent multifamily loans during the month of May, according to Trepp.

    By June 17, 2024
  • Brown, brick garden-style apartments
    Image attribution tooltip
    Permission granted by Nuveen
    Image attribution tooltip

    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
    Image attribution tooltip
    Permission granted by Cushman & Wakefield Multifamily Asset Services
    Image attribution tooltip
    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
  • Apartment property with trees and grass to the right
    Image attribution tooltip
    Permission granted by CBRE
    Image attribution tooltip
    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
    Image attribution tooltip
    Retrieved from Tribeca NoMa.
    Image attribution tooltip

    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
    Image attribution tooltip
    Permission granted by Bozzuto
    Image attribution tooltip
    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
    Image attribution tooltip
    Permission granted by Cityview
    Image attribution tooltip
    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.
    Image attribution tooltip
    Permission granted by Lion Real Estate Group
    Image attribution tooltip
    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