Capital: Page 2

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    designer491 via Getty Images
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    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 • Aug. 17, 2023
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    Permission granted by Fisk University
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    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 • Updated Aug. 23, 2023
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    Pgiam via Getty Images
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    REIT Report

    Revenue growth boosts AvalonBay

    As market conditions slow, the Virginia-based REIT sees an opportunity to pick up land in its expansion metros.

    By • Aug. 16, 2023
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    Courtesy of Toll Brothers Apartment Living
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    DEALS + STARTS

    Toll Brothers breaks ground on opportunity zone project in Phoenix

    Henri will be located next to the Roosevelt Row arts and culture district.

    By • Aug. 16, 2023
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    Arturo Rosenow via Getty Images
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    Opinion

    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
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    Permission granted by Eastwind Development
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    Q&A

    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 • Aug. 15, 2023
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    Simon Carter via Getty Images
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    REIT Report

    Essex raises rent guidance as tech layoff fears subside

    The REIT saw sluggishness in Seattle while Southern California thrived. 

    By • Aug. 14, 2023
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    Permission granted by Pacific Urban Investors
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    DEALS + STARTS

    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 • Aug. 11, 2023
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    Permission granted by BH Properties
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    Q&A

    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 • Aug. 10, 2023
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    lucadp via Getty Images
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    REIT Report

    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 • Aug. 9, 2023
  • A seven-story mixed-use brown and white apartment building.
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    Permission granted by Subtext
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    Q&A

    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 • Aug. 8, 2023
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    franckreporter via Getty Images
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    REIT Report

    Coastal markets show strength in UDR’s busy Q2

    As more than 20% of its sites use staff-less technology, the REIT continues to focus on customer experience.

    By • Aug. 7, 2023
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    Permission granted by Trilogy Real Estate Group
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    Trilogy buys ZOM development during construction for nearly $86M

    The Azalea Apartments are in an Opportunity Zone 15 minutes east of Tampa’s downtown.

    By • Aug. 3, 2023
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    Permission granted by Alexander Development Group
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    Q&A

    How the largest market-rate multifamily Passive house high-rise got built

    Alexander Development Group overcame legal challenges and COVID-19 to build 42 Broad in five years.

    By • Aug. 3, 2023
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    lucky-photographer via Getty Images
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    REIT Report

    MAA begins to see expense relief

    A new law in Texas should offer property tax savings, but new supply remains a concern in some areas.

    By • Aug. 2, 2023
  • White and brown five-story apartment buildings with street in front and to the right.
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    Permission granted by Northland
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    DEALS + STARTS

    Northland makes ninth acquisition in Georgia since entering the state in 2020

    The company assumed existing financing on Glenwood at Grant Park.

    By • Aug. 1, 2023
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    Nastassia Samal via Getty Images
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    RMR Group to acquire Carroll for $80M

    With the all-cash purchase, asset manager RMR enters the only major commercial real estate sector in which it did not already have a significant presence.

    By , • July 31, 2023
  • A red construction frame in front of a high-rise building under construction.
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    JARAMA via Getty Images
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    Apartment starts fall 11.2% YOY

    Permits fell 33%, while completions of five or more units also declined in June.

    By • July 28, 2023
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    Douglas Rissing via Getty Images
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    Rate hike will put pressure on some multifamily assets

    Policymakers chose to raise interest rates to a range between 5.25% to 5.5% — the highest since 2001.

    By • July 27, 2023
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    iStock/Getty via Getty Images
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    Roundup

    The apartment industry battles insurance price hikes

    As costs jump 100% or more in some states, multifamily leaders look for solutions. 

    By Multifamily Dive Staff • July 26, 2023
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    Permission granted by The RADCO Cos.
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    Q&A

    RADCO exec discusses plan to reach 25,000 units

    Centralization and AI will play key roles as the Atlanta-based company looks to grow through acquisitions, says Chris Simon.

    By • July 25, 2023
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    Sundry Photography via Getty Images
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    Senior housing investors expect rent growth in 2023

    Almost one-third of CBRE survey respondents are underwriting growth of 7% or more for assisted living.

    By • July 25, 2023
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    pcess609 via Getty Images
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    Brookfield makes cuts in its commercial development group

    As construction slows, other companies are also scaling back.

    By • July 24, 2023
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    Andrii Yalanskyi via Getty Images
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    MSCI: Sales volume plummets 72%

    Apartment prices fell 11.7% in Q2, which was the biggest decline among all major commercial property sectors.

    By • July 24, 2023
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    Permission granted by Brazos Residential
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    DEALS + STARTS

    After a buying spree in 2022, Brazos picks up 2 more Texas properties

    The company founded by brokerage veterans William Hancock and James Roberts has secured all its properties in off-market purchases.

    By • July 19, 2023