Capital

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    Miami developer laid off 25% of its workforce

    The cuts came at the end of last year as workforce housing producer Resia adjusted its overhead to “new macroeconomic conditions.”

    By • March 22, 2023
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    Zephyr18 via Getty Images

    Multifamily outstanding debt grew by $148B in 2022

    The agencies and mortgage-backed securities portfolios hold almost half of apartment loans.

    By • March 21, 2023
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    Trendline

    2023 multifamily industry outlook

    From financing to development, design to acquisitions, these will be the biggest topics and trends facing apartment pros this year.

    By Multifamily Dive staff
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    unkas_photo via Getty Images

    Apartment starts up 24%, posting ‘unexpectedly strong month’

    Looking forward, banking volatility could force the Fed to ease interest rate hikes that had been predicted to slow apartment starts.

    By • March 20, 2023
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    Nuthawut Somsuk via Getty Images

    Multifamily CMBS servicing and delinquency rates jump

    Trepp data shows the increases are a trend across commercial real estate as owners, such as Blackstone, grapple with higher interest rates.

    By • March 20, 2023
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    Justin Sullivan/Getty Images via Getty Images

    Bank failures cause uncertainty for contractors

    The collapses of Silicon Valley Bank and Signature Bank could weaken this year’s outlook for commercial real estate and construction, an economist said.

    By Sebastian Obando • March 16, 2023
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    Colleen Michaels via Getty Images

    CBRE: Looming oversupply will be short-lived

    Even with a surplus of multifamily development over the short term, an additional 2.3 million new units will be needed nationwide over the next 10 years, according to a new analysis.

    By • March 15, 2023
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    Spencer Platt via Getty Images

    Failed Signature Bank had a deep reach in the NYC rental market

    The lender funded approximately 3,000 apartment buildings in the city, according to one source.

    By • March 14, 2023
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    Andrey Sayfutdinov via Getty Images

    When will apartment sales return?

    The Federal Reserve signaling a slowdown in interest rate hikes could be the start of bringing certainty to the market.

    By • March 14, 2023
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    Justin Sullivan via Getty Images

    Sonder, Latch among companies with deposits at beleaguered SVB

    The collapse of Silicon Valley Bank could affect both multifamily borrowers and technology suppliers.

    By • March 13, 2023
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    Maks_Lab via Getty Images

    Cadillac Fairview completes acquisition of Lincoln’s residential division

    Lincoln CEO Tim Byrne is retiring as a new group of leaders takes the helm at the Dallas-based company.

    By • March 10, 2023
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    DEALS + STARTS

    Standard Communities grabs a controlling interest in more than 3,000 affordable units

    The purchase marks Standard’s first acquisition in Florida and its first affordable purchase in Georgia.

    By • March 9, 2023
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    RoschetzkyIstockPhoto via Getty Images

    The cities with the highest, lowest rental vacancy rates

    The national rate has held relatively steady over the past four quarters, according to Census data.

    By • March 9, 2023
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    William_Potter via Getty Images

    MBA expects multifamily lending to fall 16%

    Five percent of nonbank multifamily mortgages are slated to mature in 2023.

    By • March 7, 2023
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    FrankRamspott via Getty Images

    Coastal developers, owners brace for ‘outrageous’ jump in insurance costs

    Extreme-weather events and population growth have driven up the price of insurance for apartment companies, according to a new report.

    By • March 7, 2023
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    kokouu via Getty Images

    HUD loan volume falls

    Despite the slowdown, the agency’s existing loans could be coveted by borrowers this year.

    By • March 6, 2023
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    Q&A

    Once the buyer’s market arrives, it might not last long

    An executive from RealSource Properties thinks apartment sales could snap back quickly.

    By • March 3, 2023
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    Capital Commitments

    Why Three Pillars is betting on distressed buys

    The Houston-based private equity firm tapped into investors from the U.S. and the Middle East to help target Sun Belt properties.

    By • March 3, 2023
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    Q&A

    Are the BTR capital markets coming back?

    Wolfson Development’s CEO thinks investors see safety in single-family rentals, even if the days of 40% rent growth in Florida are over.

    By • March 1, 2023
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    Hispanolistic via Getty Images

    Apartment sales fall 71%

    Prices continued their decline in January, dropping 4.6% year over year.

    By • Feb. 28, 2023
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    DEALS + STARTS

    Continental Realty Corp. buys North Carolina property worth owning ‘for the long term’

    The company assumed the HUD loan in a process that took nearly six months.

    By • Feb. 24, 2023
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    TomasSereda via Getty Images

    Blackstone’s $270M loan goes to servicing

    Despite loan servicing on an 11-property New York City portfolio, the investment giant says it remains committed to rental housing.

    By • Feb. 22, 2023
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    KLH49 via Getty Images

    Trepp: Multifamily CMBS servicing rates increase

    One observer sees delinquency rising but staying under 2%.

    By • Feb. 17, 2023
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    REIT Report

    Equity Residential sees positive employment signs amid uncertainty

    The REIT nears the finish line with some centralization initiatives as it works to corral costs.

    By • Feb. 17, 2023
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    DEALS + STARTS

    Blackstone makes big buy in Atlanta

    Despite questions about its transaction strategy this year, the firm paid $133 million for a 473-unit property in Georgia.

    By • Feb. 17, 2023
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    REIT Report

    AvalonBay pushes forward with expansion goals

    On its earnings call last week, the REIT said it sees signs of rent growth heading into spring leasing.

    By • Feb. 15, 2023