Draper 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

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

Explore the Trendline➔

Top 5 stories from Multifamily Dive

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

By Multifamily Dive staff

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

Boston-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

Bell 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

$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

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

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

NexPoint 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

Mill 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

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

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

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

Delinquent 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

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

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

Revenue 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

Toll 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

How 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

Despite 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

Essex raises rent guidance as tech layoff fears subside

The REIT saw sluggishness in Seattle while Southern California thrived. 

By Leslie Shaver • Aug. 14, 2023

Pacific Urban makes 21st San Diego deal, continues to see growth opportunities

The apartment owner’s internal research led it to a property in the city’s La Jolla submarket.

By Leslie Shaver • Aug. 11, 2023

Los Angeles owner launches $1B initiative to buy affordable housing

BH Properties brought in Bill Stoll from Steadfast Cos. to help find new properties that have completed their 15-year compliance period.

By Leslie Shaver • Aug. 10, 2023

EQR reports supply pressure in some cities, strong results in others

Though the Chicago-based REIT made a couple of purchases in Q2, it sees a slow transaction market overall.

By Leslie Shaver • Aug. 9, 2023

Bringing in contractors from other cities helps St. Louis developer continue to build

Subtext is slated to close on 1,000 units by relying on existing lender relationships.

By Leslie Shaver • Aug. 8, 2023