Rents
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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 Mary Salmonsen • April 18, 2024 -
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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 Mary Salmonsen • April 16, 2024 -
Explore the Trendline➔
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TrendlineRent Trends
Seasonality, supply, concessions and more are top of mind for rental owners and operators across the country.
By Multifamily Dive staff -
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Q&AHillpointe rises to the top
The firm’s fully integrated approach provides a unique competitive advantage, according to co-founder Steven Campisi.
By Jennifer Goodman • April 11, 2024 -
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Rent growth sees largest gain in 20 months
The national average rent rose $8 in March, and demand for units remains strong.
By Mary Salmonsen • April 10, 2024 -
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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 Mary Salmonsen • April 9, 2024 -
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Nearly half of renters still pay by check
A new report says that ACH payments are the top choice when it comes to electronic options.
By Mary Salmonsen • April 3, 2024 -
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Opinion5 steps to mitigate revenue management software risks
As the multifamily sector comes under unprecedented levels of antitrust scrutiny, owners and managers must take steps to protect themselves, attorney David D. Cross says.
By David D. Cross • March 29, 2024 -
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The cities with the largest volume of loan maturities
Atlanta, Dallas and Denver lead the way, as $525 billion in overall apartment loans are expected to mature by 2029.
By Leslie Shaver • March 25, 2024 -
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Renter competition runs hot in Midwest, Sun Belt markets
In some cities, demand for units is high and new supply is low or even nonexistent.
By Mary Salmonsen • March 25, 2024 -
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Report: DOJ opens criminal probe into RealPage, multiple landlords
The Justice Department also has an ongoing civil investigation into the data and software provider.
By Leslie Shaver • March 25, 2024 -
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Multifamily logs biggest jump in distress in 18 months
The sector’s 80 bps increase was higher than any other commercial real estate segment.
By Leslie Shaver • March 18, 2024 -
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Rents rise slightly, ending 7-month decline
Market trends are in flux, with deliveries on the rise and occupancy falling.
By Mary Salmonsen • March 18, 2024 -
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Q&AStudent housing firm sets sights on Power Five conference schools
Champion Real Estate avoids the amenity wars by purchasing and renovating older properties.
By Leslie Shaver • March 15, 2024 -
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More Veritas apartments hit the market in San Francisco
The owner has defaulted on $1 billion worth of loans that were backed by more than 2,450 apartments across the city.
By Leslie Shaver • March 12, 2024 -
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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 Leslie Shaver • March 8, 2024 -
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DEALS + STARTSBlighted New Jersey tower changes hands
Hudson Valley Property Group worked for two years to cobble together financing to close the 21-story Northgate Apartments in Camden.
By Leslie Shaver • March 7, 2024 -
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Arizona AG sues RealPage, multiple landlords
The state alleges that the firm’s revenue management software compiles competitively sensitive lease data on pricing and occupancy.
By Leslie Shaver • March 4, 2024 -
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REIT ReportMAA sees new lease pricing improve after 7% fall
The REIT’s blended pricing rose 130 basis points in January, and the firm expects fundamentals to improve as the year plays out.
By Leslie Shaver • Feb. 26, 2024 -
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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 Mary Salmonsen • Feb. 26, 2024 -
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Apartment starts fall 38%
Developers completed 538,000 units during January, a 53.7% YOY jump.
By Leslie Shaver • Feb. 22, 2024 -
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REIT ReportEssex sees improvements in delinquencies
Although the REIT operates in relatively low-supply markets, it only expects 1.25% in rent growth.
By Leslie Shaver • Feb. 21, 2024 -
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REIT ReportUDR turns to defense
In addition to focusing on occupancy, the REIT is using AI to combat fraud.
By Leslie Shaver • Feb. 16, 2024 -
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Weak rent growth on the horizon for 2024
The national average rent was unchanged last month as new supply dampened prices, according to Yardi Matrix.
By Mary Salmonsen • Feb. 15, 2024 -
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UDR assumes ownership of Mill Creek lease-up development in Oakland
The REIT had provided $45.2 million in preferred equity for the 173-unit asset.
By Leslie Shaver • Feb. 15, 2024 -
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REIT ReportCamden 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 Leslie Shaver • Feb. 14, 2024
