Capital: Page 11
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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 Leslie Shaver • Feb. 16, 2024 -
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 Leslie Shaver • Feb. 15, 2024 -
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.
HUD awards $3.1B to homelessness assistance projects
The Continuum of Care grants support 7,000 housing and supportive service programs.
By Mary Salmonsen • Feb. 15, 2024 -
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 Leslie Shaver • Feb. 14, 2024 -
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 Leslie Shaver • Feb. 13, 2024 -
https://www.gettyimages.com/detail/photo/stock-exchange-sign-royalty-free-image/157338910?phrase=wall%20street&adppopup=true via Getty ImagesREIT 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 Leslie Shaver • Feb. 12, 2024 -
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 Leslie Shaver • Feb. 9, 2024 -
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 Leslie Shaver • Feb. 7, 2024 -
4 takeaways from the NMHC conference
The association’s packed event in San Diego last week featured lots of commentary about housing supply.
By Leslie Shaver • Feb. 6, 2024 -
MSCI: Apartment sales drop 61%
Pricing fell 8.4% in 2023, and cap rates rose for garden and mid- and high-rise properties.
By Leslie Shaver • Feb. 5, 2024 -
DEALS + STARTS
Standard secures off-market deal in Chicago suburbs
The company bought the 416-unit workforce asset in Naperville from Pensam Capital.
By Leslie Shaver • Feb. 2, 2024 -
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 Leslie Shaver • Jan. 31, 2024 -
Fitch: Multifamily CMBS delinquencies to double in 2024
Heightened levels of new supply, slowing revenue growth and higher expenses will challenge apartments.
By Leslie Shaver • Jan. 29, 2024 -
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 -
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 Leslie Shaver • Jan. 25, 2024 -
2024 OUTLOOK
5 predictions for apartment development in 2024
As starts fall, labor and land will be impacted.
By Leslie Shaver • Jan. 24, 2024 -
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 Leslie Shaver • Jan. 23, 2024 -
2024 OUTLOOK
Where rents will go in 2024
New supply and concessions will be the headline stories in apartment markets this year.
By Leslie Shaver • Jan. 17, 2024 -
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 Leslie Shaver • Jan. 16, 2024 -
2024 OUTLOOK
Will 2024 see more apartment deals?
Falling rates and still-stressed owners could put more properties on the market this year.
By Leslie Shaver • Jan. 12, 2024 -
28 NYC properties head to foreclosure
Emerald Equity Group owns the workforce assets, which contain 747 units in multiple neighborhoods in the Bronx.
By Leslie Shaver • Jan. 10, 2024 -
Q&A
Despite current turbulence, this investor sees hope in Texas
StarPoint Properties executive lays out three types of buying opportunities for the year ahead.
By Leslie Shaver • Jan. 9, 2024 -
2024 OUTLOOK
4 multifamily trends to watch in 2024
Apartment operators will see new supply temper rent growth this year, among other challenges.
By Leslie Shaver • Jan. 9, 2024 -
DEALS + STARTS
Eagle closes $325M value-add fund
The Miami-based owner partnered with Promecap to target apartments in the Sun Belt.
By Leslie Shaver • Jan. 5, 2024 -
DEALS + STARTS
December deals: 2023’s last-minute apartment transactions
Here’s a roundup of the largest sales that occurred at the tail end of last year.
By Jennifer Goodman • Jan. 3, 2024