Operations

  • The Spokane, Washington, cityscape.
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    Solidago via Getty Images
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    The multifamily markets where expenses are rising the fastest

    While total operating cost growth has slowed somewhat, insurance premiums are increasing, especially in disaster-prone areas.

    By • April 16, 2024
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    Permission granted by Bryten Real Estate Partners
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    MEB Management Services merges with Weller

    The combined company, Bryten Real Estate Partners, will operate nearly 47,000 units across the U.S.

    By • April 16, 2024
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    YayaErnst via Getty Images
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    Trendline

    Multifamily Legislation

    Apartment pros are keeping an eye on potential regulations such as the Choice in Affordable Housing Act, the YIMBY Act and state and local rent control measures.

    By Multifamily Dive staff
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    Permission granted by Halstead
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    Q&A

    Upcoming 325-unit property spotlights artistry in Huntsville, Alabama

    Bordering two historic districts, Stella at Five Points is positioned to take advantage of a changing market.

    By • April 12, 2024
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    Permission granted by Hillpointe
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    Q&A

    Hillpointe rises to the top

    The firm’s fully integrated approach provides a unique competitive advantage, according to co-founder Steven Campisi.

    By • April 11, 2024
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    graphiknation via Getty Images
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    DEALS + STARTS

    RPM Living pays $85M for Atlanta-area asset

    The Austin, Texas-based firm bought the 407-unit apartment complex from Willow Bridge Property Co.

    By • April 11, 2024
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    monkeybusinessimages via Getty Images
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    Opinion

    Survey says operators should focus on community over frills

    More than luxurious amenities, renters want to be treated with a welcoming attitude by staff and other tenants, according to a new NMHC report.

    By Sarah Yaussi • April 9, 2024
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    putilich via Getty Images
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    Rising rental fraud comes at a cost for property managers

    Falsified applications have reduced income or increased expenses by at least 10% for most operators, according to a new report.

    By • April 9, 2024
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    Permission granted by Mike Kelley
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    Greystar takes the top spot on owners’, managers’ and developers’ lists

    Asset Living and RPM Living are No. 2 and No. 3 respectively on the managers’ list, while MAA and Morgan Properties hold the same spots on the owners’ list.

    By • April 8, 2024
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    Google Maps

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    Maryland Supreme Court rules against Kushner Cos.

    The lawsuit alleges Kushner-owned Westminster Management charged fees above the state’s legal limit.

    By • April 2, 2024
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    Permission granted by Interra Realty
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    DEALS + STARTS

    Chicago deal fetches a near-decade high price for its submarket

    Icarus Investment Group snagged Madison Terrace in the Garfield Park neighborhood for $11 million.

    By • March 28, 2024
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    Permission granted by JLL
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    DEALS + STARTS

    Centerspace sells 2 properties for $19M total

    Last year, the REIT jettisoned 13 communities for $226.8 million as it focused on repaying debt.

    By • March 21, 2024
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    Permission granted by Mary Cook Associates
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    Properties serve up creative food, beverage offerings

    Concepts include drinks on tap, grab-and-go markets and bar spaces open to the public.

    By • Updated March 21, 2024
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    photovs via Getty Images
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    Brooklyn properties transferred to servicing

    Three of Conway Capital’s New York City properties are delinquent despite strong occupancy.

    By • March 19, 2024
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    Permission granted by Champion Real Estate Co.
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    Q&A

    Student housing firm sets sights on Power Five conference schools

    Champion Real Estate avoids the amenity wars by purchasing and renovating older properties.

    By • March 15, 2024
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    kelvn via Getty Images
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    Q&A

    How operators can use big data

    A framework for analyzing disparate data sets can help providers notice and take advantage of patterns, according to a tech consultant.

    By • March 14, 2024
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    vkyryl via Getty Images
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    REITs see hurdles for new acquisitions

    With asking cap rates still around 5% in many markets, most executives think sellers need to adjust prices.

    By • March 13, 2024
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    Courtesy of Capital Square
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    EXECUTIVE MOVES

    Capital Square names Jay Olander as president and CFO

    A 40-year real estate veteran, Olander will also serve as CFO and treasurer of Capital Square’s REIT.

    By • March 13, 2024
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    Permission granted by Hartz Mountain Industries
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    PROJECT SPOTLIGHT

    Hoboken Point caters to NYC-area ‘hybrid’ professionals

    The Weehawken, New Jersey, property that will be managed by Greystar includes a 5,200-square-foot coworking center.

    By • March 12, 2024
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    robertcicchetti via Getty Images
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    FTC, DOJ argue against dismissal of Yardi antitrust case

    The agencies contend that competitors must not agree to advertised list prices, even if actual rents vary from that starting point. 

    By • March 8, 2024
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    Maksym Belchenko via Getty Images
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    FCC proposal would eliminate broadband bulk billing arrangements

    If approved, multifamily housing companies would not be able to choose an internet, cable or satellite provider for a property.

    By • March 8, 2024
  • 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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    NAHB: Multifamily starts will continue to decline in 2024

    New construction is expected to drop 20% this year, while rents should fall as supply comes online, the association said.

    By • March 6, 2024
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    fermate via Getty Images
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    Some employers consider offering help with housing payments

    One in four employees say they would switch jobs to gain this benefit.

    By • March 5, 2024
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    Joe Raedle via Getty Images
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    Multifamily developer confidence remains negative

    Tight lending standards and high loan costs have put pressure on the industry.

    By • March 4, 2024
  • BH Management Services, Southtowne Apartments
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    Permission granted by BH Management Services
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    Pretium acquires BH Management Services

    The Des Moines, Iowa-based No. 8 apartment operator in the country has a portfolio of multifamily, student and single-family housing.

    By • March 1, 2024
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    Laurence Dutton via Getty Images
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    How multifamily pros can use generative AI wisely

    Before deploying these tools, users should have an understanding of what they can and can’t do — and how they might not work as expected.

    By • Feb. 28, 2024