Capital: Page 3

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    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 • Feb. 14, 2024
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    f11photo via Getty Images
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    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 • Feb. 13, 2024
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    Arturo Rosenow via Getty Images
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    Trendline

    Top 5 stories from Multifamily Dive

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

    By Multifamily Dive staff
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    https://www.gettyimages.com/detail/photo/stock-exchange-sign-royalty-free-image/157338910?phrase=wall%20street&adppopup=true via Getty Images
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    REIT 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 • Feb. 12, 2024
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    Permission granted by Universe Holdings
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    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 • Feb. 9, 2024
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    kevinjeon00 via Getty Images
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    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 • Feb. 7, 2024
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    Permission granted by National Multifamily Housing Council
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    4 takeaways from the NMHC conference

    The association’s packed event in San Diego last week featured lots of commentary about housing supply.

    By • Feb. 6, 2024
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    Sundry Photography via Getty Images
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    MSCI: Apartment sales drop 61%

    Pricing fell 8.4% in 2023, and cap rates rose for garden and mid- and high-rise properties.

    By • Feb. 5, 2024
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    Permission granted by Standard Real Estate Investments
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    DEALS + STARTS

    Standard secures off-market deal in Chicago suburbs

    The company bought the 416-unit workforce asset in Naperville from Pensam Capital.

    By • Feb. 2, 2024
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    Permission granted by JPI
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    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 • Jan. 31, 2024
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    webking via Getty Images
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    Fitch: Multifamily CMBS delinquencies to double in 2024

    Heightened levels of new supply, slowing revenue growth and higher expenses will challenge apartments.

    By • Jan. 29, 2024
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    Getty/Baona via Getty Images
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    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
  • Two-story apartments and a clubhouse surrounding a pool.
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    Permission granted by The Mogharebi Group
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    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 • Jan. 25, 2024
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    CHUNYIP WONG via Getty Images
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    2024 OUTLOOK

    5 predictions for apartment development in 2024

    As starts fall, labor and land will be impacted.

    By • Jan. 24, 2024
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    Sundry Photography via Getty Images
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    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 • Jan. 23, 2024
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    Maudib via Getty Images
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    2024 OUTLOOK

    Where rents will go in 2024

    New supply and concessions will be the headline stories in apartment markets this year.

    By • Jan. 17, 2024
  • New single-family homes along a street with trees in the background.
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    Permission granted by ARK Homes For Rent
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    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 • Jan. 16, 2024
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    Grand Warszawski via Getty Images
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    2024 OUTLOOK

    Will 2024 see more apartment deals?

    Falling rates and still-stressed owners could put more properties on the market this year.

    By • Jan. 12, 2024
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    ventdusud via Getty Images
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    28 NYC properties head to foreclosure

    Emerald Equity Group owns the workforce assets, which contain 747 units in multiple neighborhoods in the Bronx.

    By • Jan. 10, 2024
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    Permission granted by StarPoint Properties
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    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 • Jan. 9, 2024
  • Multifamily residential building under construction
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    Sundry Photography via Getty Images
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    2024 OUTLOOK

    4 multifamily trends to watch in 2024

    Apartment operators will see new supply temper rent growth this year, among other challenges.

    By • Jan. 9, 2024
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    Permission granted by Eagle Property Capital
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    DEALS + STARTS

    Eagle closes $325M value-add fund

    The Miami-based owner partnered with Promecap to target apartments in the Sun Belt.

    By • Jan. 5, 2024
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    deepblue4you via Getty Images
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    MSCI: Apartment sales fall to $5.1B

    Multifamily transactions declined 68% year over year, while prices dropped 12.1%.

    By • Jan. 3, 2024
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    Permission granted by Crescent Communiities
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    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 • Jan. 3, 2024
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    unkas_photo via Getty Images
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    Apartment starts drop 33%

    While multifamily developers struggle to get funding, single-family builders see a temporary resurgence.

    By • Jan. 2, 2024
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    Marilyn Nieves via Getty Images
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    DEALS + STARTS

    EQR acquires 2 Atlanta-area properties for $179.7M

    The REIT bought a brand-new apartment community in Suwanee, Georgia, and a 2019 asset in Decatur.

    By • Dec. 21, 2023