NRP adds execs from other firms as it expands to Las Vegas, Phoenix

Mike Moriarty and Austin Kates were hired from The Ardour Co. and The Wolff Co. respectively and will initially focus on market-rate development.

By Leslie Shaver • July 11, 2023

FHA raises large multifamily loan threshold

Loans of up to $120 million are now eligible for standard underwriting.

By Mary Salmonsen • July 9, 2023

Lili Dunn sees a lot of ‘dry powder’ for apartment investments

The CEO of Bell Partners is eyeing opportunities after the company closed a value-add fund.

By Leslie Shaver • July 5, 2023

Multifamily starts jump 40%

Even as groundbreakings surged, financing woes slowed permit numbers last month.

By Leslie Shaver • July 5, 2023

Apartment owners call for insurance reform

By adopting new risk models, lenders could help borrowers reduce costs, experts say.

By Leslie Shaver • July 5, 2023

How to apply for GRRP funds

The $4.8 billion Green and Resilient Retrofit Program offers developers and owners direct grants and loans to improve HUD-assisted properties.

By Donald Bernards • June 29, 2023

Atlas grabs a value-add deal in a booming Savannah, Georgia, submarket

With a bustling port nearby and a $5.5 billion Hyundai plant on the way, the Pooler area is seeing rapid job growth.

By Leslie Shaver • June 27, 2023

Despite challenges, real estate pros are optimistic

After hitting rock bottom, industry sentiment is on the rise again despite fears of a mild recession.

By Mary Salmonsen • June 26, 2023

Apartment sales continue their descent

Transactions fell 79% year over year, while prices declined 12.5%.

By Leslie Shaver • June 26, 2023

Luxury NYC apartment property goes to servicing

Although The Aire faces issues, multifamily CMBS servicing and delinquency rates have dropped recently.

By Leslie Shaver • June 26, 2023

GID purchases Miami asset

The Top 50 owner expects to continue collecting properties in the Southeast this year.

By Leslie Shaver • June 22, 2023

Multifamily owners want rate cuts, not pauses

While apartment executives were happy to see a pause in interest rate increases, the 10-year Treasury remains a concern.

By Leslie Shaver • June 21, 2023

HUD awards funding for green, resilient retrofit projects

The first round of the $4.8 billion GRRP covers upgrades for 28 rent-assisted properties.

By Mary Salmonsen • Updated Sept. 15, 2023

Florida developer says insurance costs could limit new housing supply

Factors like inflation, recent storms and even tort reform have led to a 30% premium increase.

By Leslie Shaver • June 20, 2023

Multifamily pros react to interest rate pause

Many apartment executives and brokers don’t expect to see a big impact after the Fed’s announcement.

By Leslie Shaver • June 16, 2023

Three Pillars grabs ‘distressed sale’ in Houston

The former owner of the Chateaux Dijon Apartments, where President George W. Bush reportedly once lived, had a loan due in June.

By Leslie Shaver • June 15, 2023

How to curb budget-busting insurance increases

Working with brokers, managing risk and using self-insurance are some of the ways apartment owners can keep insurance premiums down.

By Leslie Shaver • June 13, 2023

S&P raises alarms on commercial real estate finance

Norfolk, Virginia-based Harbor Group recently refinanced a series of loans, but other owners won’t be that lucky.

By Leslie Shaver • June 12, 2023

Owners, developers sound off about higher insurance costs

Recent premium hikes have been painful for apartment owners of all sizes.

By Leslie Shaver • June 12, 2023

Investment firm still sees availability for construction debt

Participant Capital Advisors is raising money for projects in Florida.

By Leslie Shaver • June 12, 2023

Public companies tackle debt

Camden has lowered its interest rate and will look to fix rates long term through an unsecured bond offering later this year.

By Leslie Shaver • June 8, 2023

Insurance costs are skyrocketing. Why?

Climate-related events aren’t the only thing pushing premiums to unprecedented levels for multifamily owners.

By Leslie Shaver • June 6, 2023

Single-family rental construction more active than ever

Social changes and high home prices are driving horizontal apartment demand.

By Mary Salmonsen • June 5, 2023

West Coast investor continues to build its workforce portfolio in the Midwest

With the purchase of a property outside of Cincinnati, Revitate Cherry Tree closes out the acquisitions from its first fund.

By Leslie Shaver • June 5, 2023

Maryland SFR development catches on ‘like wildfire’ with active adults

Allen & Rocks moved into single-family rentals at two Brookfield communities, and it learned that a 55-and-over crowd will lease remotely.

By Leslie Shaver • June 2, 2023