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    PROJECT SPOTLIGHT

    Arizona build-to-rent breaks ground near new semiconductor plant

    Village at Pleasant River is expected to attract residents who work at the nearby Taiwan Semiconductor Manufacturing Co. facility in Peoria.

    By Mary Salmonsen • Updated May 31, 2023
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    Multifamily prices drop more than other CRE sectors

    Apartment sales volume fell 64% from last year’s record high.

    By • April 24, 2023
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    Trendline

    Top 5 stories from Multifamily Dive

    A roundup of some of Multifamily Dive’s top stories so far this year.

    By Multifamily Dive staff
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    Report: Prepare for a debt ceiling crisis

    J.P. Morgan recommends that owners have a cushion and try to refinance to prepare for potential economic shockwaves over the U.S. debt limit.

    By • April 24, 2023
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    Texas foreclosures foreshadow Class C troubles

    The Applesway Investment Group portfolio suffered from neglect and changing market conditions.

    By • April 24, 2023
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    DEALS + STARTS

    Beacon nabs 2 newly completed projects

    The company adds to its portfolio with two projects near Atlanta.

    By • April 19, 2023
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    CBRE: Apartment going-in cap rate expansion slowing

    Underwriting is beginning to stabilize after three quarters of increases of more than 35 basis points.

    By • April 18, 2023
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    Oceanfront condo project halted by Daytona Beach officials

    The city expressed concerns about progress and safety issues at Protogroup’s 31-story condominium project, which has been under construction since 2018.

    By • April 18, 2023
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    Most firms on NMHC Top 25 Builders list saw increases last year

    Summit topped the ranking, reflecting both the company's growth and an active multifamily cycle, said President Marc Padgett.

    By • April 17, 2023
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    Alliance grabs the country’s top development spot from Greystar

    Only two developers on the NMHC Top 25 saw their starts decrease in 2022.

    By • April 17, 2023
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    Multifamily CMBS delinquencies, servicing transfers continue to rise

    The percentage of loans transferred has nearly doubled over the past year.

    By • April 14, 2023
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    Boston Financial stays atop NMHC syndicator list

    Though portfolios remain relatively stable, some see a need for more tax credits.

    By • April 13, 2023
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    Deep Dive

    4 ways that recent banking failures will impact the multifamily sector

    After the collapse of Silicon Valley Bank and Signature, multifamily borrowers could face challenges finding construction debt and loans from smaller lenders.

    By • April 12, 2023
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    MAA takes the No. 1 spot on NMHC’s Top 50 Owners list

    Greystar jumped from the sixth spot to second in the 2023 ranking.

    By • April 10, 2023
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    DEALS + STARTS

    Bonaventure adds 3 more properties

    The company used the UPREIT structure to make the acquisitions in a difficult environment.

    By • April 10, 2023
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    Opinion

    Real estate GPs need to get out their defensive playbooks

    A few simple moves can help multifamily and commercial real estate GPs run leaner while positioning them to pounce on emerging opportunities.

    By Michael Harris • April 6, 2023
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    Q&A

    How Campus Apartments navigates the volatile transaction market

    The student housing firm closed more than $650 million in transactions last year and is pursuing other deals in 2023.

    By • April 4, 2023
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    DEALS + STARTS

    Centerspace sells 9 Midwestern communities for $144M

    With the disposition of more than 1,500 units in Minnesota and Nebraska, the REIT has reduced its debt.

    By • April 3, 2023
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    DEALS + STARTS

    Waterton re-enters Seattle with the purchase of 123-unit property

    As groups that have to raise equity or syndications faded from the market, the Chicago-based firm saw an opportunity.

    By • March 30, 2023
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    A ‘double-edged sword’: What you need to know about pref equity

    This type of capital can enhance returns, but it comes with risk.

    By • March 29, 2023
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    What’s behind the rise of pref equity?

    The funding source is helping apartment owners and developers fill gaps in the capital stack.

    By • March 27, 2023
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    Spencer Platt via Getty Images
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    Deal volume fell 76% YOY in February

    Prices fell 8.7% as interest rate increases continued to squeeze the sales market.

    By • March 24, 2023
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    Q&A

    Los Angeles developer eyes 10,000 affordable units

    By tweaking tax credit policy, Eddie Lorin thinks legislators can help stimulate more apartment development.

    By • March 23, 2023
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    Miami developer laid off 25% of its workforce

    The cuts came at the end of last year as workforce housing producer Resia adjusted its overhead to “new macroeconomic conditions.”

    By • March 22, 2023
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    Multifamily outstanding debt grew by $148B in 2022

    The agencies and mortgage-backed securities portfolios hold almost half of apartment loans.

    By • March 21, 2023
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    Multifamily CMBS servicing and delinquency rates jump

    Trepp data shows the increases are a trend across commercial real estate as owners, such as Blackstone, grapple with higher interest rates.

    By • March 20, 2023