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    Permission granted by Value Cos.
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    EXECUTIVE MOVES

    Value Cos. names Matthew Mirman executive vice president

    The former sports betting VP will focus on the New Jersey multifamily owner’s portfolio expansion and third-party management affiliate.

    By April 19, 2024
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    Michael Vi via Getty Images
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    Gen Z to pay $145K in rent by age 30

    While millennials paid less for rent in their 20s than their younger counterparts, they also earned less on average.

    By April 18, 2024
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    Morsa Images via Getty Images
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    Trendline

    Centralization

    As labor costs rise, many apartment managers are centralizing operations while being careful to maintain resident satisfaction.

    By Multifamily Dive staff
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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
  • Chairs, windows and a television in an open apartment building lobby.
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    Permission granted by The NRP Group
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    EXECUTIVE MOVES

    NRP Group names Patrick Carino vice president of development

    Carino, previously at RMS Cos., will focus on market-rate multifamily development in the Northeast.

    By March 21, 2024
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    sabthai via Getty Images
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    Florida family sues Highmark, Starwood entity after fatal explosion

    Mikeanesha Moore’s Orlando apartment, which was newly leased, was found to have an uncapped and unplugged gas line, according to a lawsuit.

    By Updated March 21, 2024
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    Zolnierek via Getty Images
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    Balfour Beatty, C.J. Coakley sued for alleged wage theft on Virginia apartment project

    A class action lawsuit alleges that Coakley failed to pay its workers on time and in some cases not at all, while Balfour Beatty was aware of the issues.

    By Matthew Thibault • March 15, 2024
  • A five-story apartment building with a dark exterior.
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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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    The image by APK is licensed under CC BY 4.0
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    Family of man slain at DC apartment files $25M lawsuit against owner, manager

    The suit alleges CIH Properties did not provide adequate security at the complex.

    By March 12, 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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    Permission granted by Structured Development
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    PROJECT SPOTLIGHT

    Structured Development completes multiphase project in Chicago’s Lincoln Park

    Wendelin Park encompasses three types of properties: co-living, affordable-rate for-sale condos and market-rate rentals.

    By March 1, 2024
  • The Colorado Capitol building.
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    4nadia via Getty Images
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    For-cause eviction bill passes in Colorado House

    The legislation, which lays out specific reasons for evictions, now moves to the Senate.

    By Feb. 26, 2024
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    hamikus via Getty Images
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    Arizona bill prohibits dog breed restrictions at multifamily properties

    Another proposal in California would require property owners to accept all common pets.

    By Feb. 22, 2024
  • A curved beige building with rows of square windows.
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    Highsmith, Carol M. (2011). "Robert C. Weaver Federal Building, headquarters of HUD, the U.S. Department of Housing and Urban Development, Washington, D.C" [Photograph]. Retrieved from Wikimedia Commons.
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    HUD awards $3.1B to homelessness assistance projects

    The Continuum of Care grants support 7,000 housing and supportive service programs.

    By Feb. 15, 2024
  • Ken Chenault and Ankur Jain stand in front of a sign that says "Bilt."
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    Permission granted by Bilt Rewards
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    EXECUTIVE MOVES

    Bilt raises $200M, adds new board members

    Former American Express CEO Ken Chenault is now chairman of the board, and NFL Commissioner Roger Goodell has joined as an independent director.

    By Feb. 13, 2024
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    Permission granted by Cortland
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    Q&A

    Cortland names new architecture lead

    Bill Davis brings a holistic approach to his new role as executive vice president of design and architecture at the Atlanta-based developer, owner and manager.

    By Feb. 9, 2024
  • A view of the Statue of Liberty against the New York City skyline with a backdrop of the World Trade Center, Brooklyn Bridge and Manhattan high-rise buildings
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    Oleg Albinsky via Getty Images
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    The most, least affordable cities for single renters

    Women carry a higher rent burden than men in major cities, owing to gender pay gaps, according to a new study.

    By Feb. 1, 2024
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    Permission granted by Capital Square
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    EXECUTIVE MOVES

    Capital Square appoints co-chief investment officers

    Jon Trott and Dave Platter were previously managing directors at the Richmond, Virginia, investment firm.

    By Jan. 31, 2024
  • A single family home surrounded by a green yard
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    Permission granted by Daniel Management Group
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    Q&A

    DMG sees a range of trends among its renters

    Chicago-based Daniel Management Group has noted rising demand for green space, EV charging and private garages, among other features.

    By Jan. 30, 2024
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    Courtesy of TSB Realty
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    EXECUTIVE MOVES

    Student housing developer Subtext moves into acquisitions

    The St. Louis-based firm has brought in investment professional Mike Hung to lead the new vertical.

    By Jan. 26, 2024
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    Permission granted by Denholtz Properties
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    Thought Leaders: January 2024

    Executives from Denholtz, StarPoint, Woodmont and more talk about their latest challenges and successes.

    By Multifamily Dive Staff • Jan. 25, 2024
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    Permission granted by Denholtz Properties
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    EXECUTIVE MOVES

    Denholtz brings on apartment veteran as director of multifamily

    Coming from Mill Creek Residential, Jeff Fenner intends to streamline the company’s operations.

    By Jan. 22, 2024
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    Permission granted by Draper and Kramer
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    2024 OUTLOOK

    Top multifamily design trends for 2024

    Here’s what renters are looking for and designers and developers aim to highlight in the year ahead.

    By Jan. 10, 2024
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    Justin Pratt via Getty Images
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    UC Berkeley closes People’s Park construction site

    The future student housing location has been walled off with stacks of shipping containers, according to the university.

    By Jan. 9, 2024
  • Donald Trump outside NYC courtroom October 2023
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    Michael M. Santiago via Getty Images
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    NY AG seeks ‘lifetime’ ban of Trump, ex-CFO from NY real estate

    The New York Attorney General’s office has also upped the fine it is asking the judge to impose on the Trump Organization to $370 million.

    By Grace Noto • Jan. 9, 2024