Capital: Page 15
-
Permission granted by Plenty of Places Apartment Homes
DEALS + STARTSWhy this California investor is shifting to newer apartment properties
Plenty of Places Apartment Homes sees value-add returns shrinking and an opportunity to cater to residents' needs.
By Leslie Shaver • Sept. 13, 2023 -
Permission granted by RangeWater
RangeWater hits 100,000 units
A senior executive with the Atlanta-based firm explains what drove its growth.
By Leslie Shaver • Sept. 13, 2023 -
Andrii Yalanskyi via Getty Images
Q&AHow a private investor adjusted its strategy in search of mid-teens returns
Kingbird’s new president is looking at equity and mezz opportunities in this shifting market.
By Leslie Shaver • Sept. 12, 2023 -
Portra via Getty Images
While demand remains strong, rent growth continues to fall
Operating expenses are on the rise across the country, driven by insurance costs, according to Yardi Matrix.
By Mary Salmonsen • Sept. 12, 2023 -
Permission granted by Griffis at Riata
DEALS + STARTSDraper and Kramer moves into Austin
The Chicago-based owner assumed the loan on the 307-unit Griffis at Riata.
By Leslie Shaver • Sept. 7, 2023 -
Chip Somodevilla via Getty Images
Freddie Mac Multifamily names new Targeted Affordable Housing exec
Peter Lillestolen will oversee low-income housing tax credit equity and structured transactions for both conventional and TAH.
By Leslie Shaver • Sept. 6, 2023 -
agil73/iStock/Getty Images Plus via Getty Images
Apartment pros list their top challenges
Owners’ and operators’ most pressing concerns have changed significantly over the past two years, according to a new NAA survey.
By Mary Salmonsen • Sept. 6, 2023 -
Permission granted by The Davis Cos.
Q&ABoston-based owner looks to triple its portfolio within the next few years
The Davis Cos. plucked Mai Zhang from JBG Smith Properties to shepherd its apartment growth plans.
By Leslie Shaver • Sept. 5, 2023 -
Permission granted by Bell Partners
DEALS + STARTSBell adds properties in Texas, Florida and North Carolina
The apartment owner plans to upgrade the properties as it continues to secure financing despite a volatile lending environment.
By Leslie Shaver • Sept. 5, 2023 -
Justin Sullivan via Getty Images
$384M loan backed by luxury San Francisco high-rise sent to special servicing
The property next to Elon Musk’s X headquarters is facing imminent default, according to a report from Trepp.
By Mary Salmonsen • Sept. 5, 2023 -
lucky-photographer via Getty Images
REITs report decelerating rent growth
REITs show strength on the East Coast, but see less growth in the Sun Belt.
By Leslie Shaver • Aug. 31, 2023 -
Perawit Boonchu via Getty Images
Sales volume drops 76% YOY to $6B as cap rates hit 5%
Transaction totals in July were also 53% below the $12.7 billion average during the five years before the pandemic, according to MSCI.
By Leslie Shaver • Aug. 29, 2023 -
SunnyVMD via Getty Images
REIT ReportNexPoint aims to pay off a credit facility with 2 Texas sales
The REIT plans more Sun Belt sales as it seeks to reduce leverage and buy back stock.
By Leslie Shaver • Aug. 29, 2023 -
Permission granted by Mill Creek Residential
DEALS + STARTSMill Creek adds a property in Colorado
The developer and owner assumed the fixed-rate financing at Modera Art Park, which it bought from Carmel Partners.
By Leslie Shaver • Aug. 28, 2023 -
Karin Higgins/UC Davis
7 student housing properties opening for the new school year
Deliveries are on the rise this year, up almost 10,000 beds from fall 2022, according to data from RealPage.
By Mary Salmonsen • Aug. 24, 2023 -
Permission granted by Waterton
Waterton returns to Portland, Oregon
After reentering Seattle earlier this year, the owner picked up a 177-unit property in another Pacific Northwest metro.
By Leslie Shaver • Aug. 23, 2023 -
unkas_photo via Getty Images
Permits for 5-plus units plummet 32%
While multifamily developers started roughly the same number of projects a year ago, completions fell 23%.
By Leslie Shaver • Aug. 22, 2023 -
kevinjeon00 via Getty Images
REIT ReportDelinquent renters drive expenses 8.5% higher for Camden
Despite evictions and skips, low move-outs to homeownership limit turnover damage for the Houston-based REIT.
By Leslie Shaver • Aug. 21, 2023 -
designer491 via Getty Images
Trepp: Multifamily CMBS delinquencies rise, but properties in servicing decline
Though the percentage of apartment communities facing financial challenges has risen over the past year, executives still aren’t seeing a lot of distressed sales.
By Leslie Shaver • Aug. 17, 2023 -
Permission granted by Fisk University
Nashville college opens shipping container dorm
The $4 million project at Fisk University will help house students while a new residence hall is under construction.
By Mary Salmonsen • Updated Aug. 23, 2023 -
Pgiam via Getty Images
REIT ReportRevenue growth boosts AvalonBay
As market conditions slow, the Virginia-based REIT sees an opportunity to pick up land in its expansion metros.
By Leslie Shaver • Aug. 16, 2023 -
Courtesy of Toll Brothers Apartment Living
DEALS + STARTSToll Brothers breaks ground on opportunity zone project in Phoenix
Henri will be located next to the Roosevelt Row arts and culture district.
By Mary Salmonsen • Aug. 16, 2023 -
Permission granted by Eastwind Development
Q&AHow Eastwind is navigating Florida’s difficult development market
New legislation combined with interest rate hikes and rising material costs make penciling out new deals difficult, Florida developer says.
By Leslie Shaver • Aug. 15, 2023 -
Arturo Rosenow via Getty Images
OpinionDespite a sobering Q2, the future looks bright for owners, developers
As the second half of the year gets underway, the multifamily sector will remain strong despite several sizable headwinds, writes fund management expert Marshall Boyd.
By Marshall Boyd • Aug. 15, 2023 -
Simon Carter via Getty Images
REIT ReportEssex raises rent guidance as tech layoff fears subside
The REIT saw sluggishness in Seattle while Southern California thrived.
By Leslie Shaver • Aug. 14, 2023
Previous
