Operations: Page 11
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DEALS + STARTS
Single-family firm enters build-to-rent space
13th Floor Homes is underway on two BTR projects in Florida.
By Mary Salmonsen • Jan. 9, 2024 -
PROJECT SPOTLIGHT
Pre-leasing begins at Mediterranean-style property in Silicon Valley
Vida at Morgan Hill will add 389 units to one of California’s most competitive rental markets.
By Mary Salmonsen • Jan. 2, 2024 -
Explore the Trendline➔
skynesher via Getty ImagesTrendlineResident Retention
Property managers have a variety of approaches to keep tenants satisfied.
By Multifamily Dive staff -
Fire damages apartments at $1B development underway in Texas
An unoccupied multifamily building in the Sapphire Bay project in Rowlett, Texas, burned for over 24 hours Friday.
By Zachary Phillips • Dec. 20, 2023 -
Q&A
NJ property manager takes unique approach to hiring
Sonya Bryant-Brown’s careful way of vetting prospects has led to very low turnover.
By Jennifer Goodman • Dec. 19, 2023 -
Q&A
Chicago’s Belden-Stratford reopens after extensive renovation
The transformation of the 100-year-old building happened despite challenges from COVID-19, a lack of lobby space and stringent NRHP requirements.
By Mary Salmonsen • Dec. 15, 2023 -
Disney unveils plans for second Storyliving community
Asteria in Chatham County, North Carolina, will include a mix of more than 4,000 multifamily and single-family homes.
By Jennifer Goodman • Dec. 14, 2023 -
PROJECT SPOTLIGHT
Related Group opens co-living property in Miami’s Wynwood
Renters at i5 Wynwood will live in fully furnished, shared suites of three to four private rooms.
By Mary Salmonsen • Dec. 13, 2023 -
RREAF Residential rebrands as RR Living
The Dallas firm plans to expand into new markets and double its portfolio over the next three years.
By Mary Salmonsen • Dec. 13, 2023 -
Rents enter third month of decline as winter begins
Despite slowing growth, the average rent is still over 20% higher than it was before COVID-19.
By Mary Salmonsen • Dec. 7, 2023 -
Kansas City, Missouri, proposal would ban discrimination based on housing vouchers
The city could join more than 120 jurisdictions that outlaw providers from denying housing due to a renter’s source of income.
By Mary Salmonsen • Dec. 6, 2023 -
Deep Dive
Heavy concessions are helping renters move up
In what has been a surprise to both executives and analysts, effective class B rents have been falling in high-supply markets.
By Leslie Shaver • Dec. 5, 2023 -
New housing slows regional rent growth: NYU researchers
While new properties attract wealthier residents, their movements create a “chain effect” that frees up older units, according to a new report.
By Mary Salmonsen • Dec. 4, 2023 -
Q&A
Why strong retention makes for strong performance
P.B. Bell’s new chief property officer is looking to keep employees satisfied and expand the company’s reach.
By Mary Salmonsen • Dec. 1, 2023 -
Thought Leaders: November 2023
An apartment owner, a CRE expert, a design pro and more talk about their latest challenges and successes.
By Multifamily Dive Staff • Nov. 30, 2023 -
Opinion
NMHC survey reveals renters’ top preferences
Prospects are most drawn to practical features such as air conditioning and in-unit washers and dryers, according to a new report.
By Sarah Yaussi • Nov. 27, 2023 -
Q&A
Inside a Midwestern owner’s move into third-party management
Buckingham brings Ian Bingham on board as it continues to explore centralization.
By Leslie Shaver • Nov. 27, 2023 -
DOJ: RealPage suit should move forward
The Justice Department said the use of a shared algorithm would be illegal under antitrust law if allegations brought by renters are true.
By Leslie Shaver • Nov. 27, 2023 -
How to integrate the arts into new multifamily projects
Developers are engaging current and potential residents by featuring original work from local artists and offering creative amenities.
By Mary Salmonsen • Nov. 13, 2023 -
DEALS + STARTS
St. Louis mixed-use development adds 270 units in second phase
The $125 million Vande East at City Foundry adds to a retail property completed in 2021.
By Mary Salmonsen • Nov. 10, 2023 -
REIT Report
‘Unprecedented’ concessions from competitors put pressure on UDR
Sun Belt supply is an issue, but the REIT also sees increased competition on the coasts.
By Leslie Shaver • Nov. 9, 2023 -
REIT Report
Bad debt, oversupply suppress Camden’s Q3 results
Delinquencies, skips, fraud and lease breaks have jumped for the firm in the second half of the year.
By Leslie Shaver • Nov. 7, 2023 -
7 tips for securing your leasing office
A rental agent and resident were held up at gunpoint recently in Houston. Here’s how to prevent crimes on site and keep workers and property safe.
By Mary Salmonsen • Nov. 7, 2023 -
For model units, demographic appeal is key
Here’s how apartment owners can zero in on the look that best fits their property.
By Mary Salmonsen • Nov. 6, 2023 -
DC files suit against RealPage, 14 landlords
Attorney General Brian Schwalb accused the defendants of unlawfully agreeing to exchange competitively sensitive data.
By Leslie Shaver • Nov. 3, 2023 -
https://www.gettyimages.com/detail/photo/stock-exchange-sign-royalty-free-image/157338910?phrase=wall%20street&adppopup=true via Getty ImagesREIT Report
AVB adjusts return expectations on new development
Move-outs to new homes fell for AvalonBay, but executives expect market deceleration in 2024.
By Leslie Shaver • Nov. 2, 2023