Rents: Page 16

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    In this city, you can add an extra bedroom for only $25 a month

    A new study ranks the cost of upgrading to a larger apartment in towns across the country.

    By • Oct. 12, 2022
  • Two-story white and brown apartments with large back windows.
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    Permission granted by Ashland Greene
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    Q&A

    Apartment owner says Dallas is still undersupplied

    Even with a robust supply pipeline and slowing rent growth, Ashland Greene’s CEO likes the fundamentals in his hometown.

    By • Oct. 11, 2022
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    Trendline

    Rent Trends

    High supply, absorption, concessions and more are top of mind for rental owners and operators across the country.

    By Multifamily Dive staff
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    Permission granted by Greystar
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    Deep Dive

    9 of the year’s top amenity trends

    Coworking space is among the most vital, with rentable household items, to-go markets and pet wash stations also cited by multifamily experts.

    By • Oct. 10, 2022
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    Apartment demand goes negative for the first time in Q3

    Slow leasing traffic has pushed demand negative in the third quarter for the first time on record, spurring a ripple effect on sector fundamentals, according to RealPage.

    By • Oct. 6, 2022
  • A rendering of a retail center at the upcoming Riverwalk San Diego development.
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    Courtesy of Hines
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    DEALS + STARTS

    Hines breaks ground on 200-acre Riverwalk San Diego

    The first phase of development includes 930 apartments, 75,000 square feet of retail and a central green space.

    By • Sept. 30, 2022
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    Is the Florida market cooling off?

    After experiencing rent increases of 30% over the past couple of years, some Sunshine State metros are softening.

    By • Sept. 27, 2022
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    Rent growth normalized month to month in August

    Asking rents rose 0.4% last month, a large drop from the previous August but slightly above historical summer growth.

    By • Sept. 20, 2022
  • Aerial shot of an apartment property with a pool and trees in the clubhouse.
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    Permission granted by The Bainbridge Cos.
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    Q&A

    Will resident events pick up in 2023?

    As one management firm looks to ramp up on-site activities, it is also carefully adding new technology.

    By • Sept. 9, 2022
  • Aerial shot of white, high-rise apartment building.
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    Permission granted by Hines
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    DEALS + STARTS

    Hines makes second-largest purchase in South Florida history

    After tracking Gables Station since February, Hines closed on the property in July after another buyer dropped out.

    By • Sept. 9, 2022
  • A mid-rise apartment building behind a lake.
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    Rent growth fell in August

    Yardi expects a slowdown through the end of 2022, though YOY rent growth remains high at the national and metro levels.

    By • Sept. 8, 2022
  • The rooftop clubhouse of a modern apartment building.
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    Permission granted by Hunter Kerhardt
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    PROJECT SPOTLIGHT

    New Greystar luxury tower takes design cues from neighboring church

    The $100 million 525 Olive is San Diego's highest residential building, according to the developer.

    By • Aug. 30, 2022
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    NYC landlords pay $4M total to settle rent control, kickback allegations

    The 29 companies were involved in a scheme to deregulate rent-stabilized apartments, according to the state’s attorney general.

    By Jennifer Goodman • Aug. 26, 2022
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    Apartment deliveries hit 50-year high

    New York City passes Dallas in completions as new openings rise around the country.

    By • Aug. 24, 2022
  • Brown, two-story apartments in Florida surrounded by palm trees and cares.
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    Permission granted by Odyssey Properties Group
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    DEALS + STARTS

    Odyssey Properties acquires 304 units in Florida

    The Los Angeles-based firm bought two properties for $53 million.

    By • Aug. 22, 2022
  • Brown, two-story apartment buildings with grass in the foreground.
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    Permission granted by Excelsa Properties
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    Q&A

    A slowing market may allow this owner to make more deals

    As rising rates weed out some buyers, Excelsa sees the opportunity to make acquisitions.

    By • Aug. 22, 2022
  • Four-story red brick apartment property with balconies.
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    Permission granted by Carbon Cos.
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    Q&A

    Migration is only one driver behind strong leasing in Texas

    In leasing 110 apartments in one month at a North Texas property, Carbon Cos. sees residents come from a variety of places.

    By • Aug. 18, 2022
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    Freddie Mac: Over half of tenants saw rising rents in the past 12 months

    Of the renters with higher costs this year, almost 20% reported they are extremely likely to miss a payment.

    By • Aug. 18, 2022
  • An empty apartment room with three people inside. One is showing the contents of a folder to another, while the third is walking across the room.
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    New prospect traffic, applications slow

    A corresponding increase in vacancies is reducing upward pressure on prices, according to MRI Real Estate Software.

    By • Aug. 15, 2022
  • Apartment property next to a body of water.
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    Permission granted by Venterra Realty
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    Q&A

    Why one executive says revenue growth is unsustainable

    Property values may fall, Venterra Realty’s John Foresi says, but the long-term outlook is still in multifamily’s favor.

    By • Aug. 12, 2022
  • A large glass enclosed balcony with a small sofa, tables and various home decor.
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    Rent growth deceleration picks up steam in July

    Price increases are moderating against a slowing economy, but rents remain high against historic trends, according to Yardi and RealPage.

    By • Aug. 11, 2022
  • Apartment building with palm trees and a pool in the foreground
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    Permission granted by Fogelman Properties
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    Q&A

    Why it’s harder to find value-add properties

    Memphis, Tennessee-based Fogelman Properties has ramped up its buying engine, but it has to look hard to find deals.

    By • Aug. 8, 2022
  • A series of windows and balconies on an apartment building.
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    Freddie Mac expects multifamily contraction through the end of 2022

    Macroeconomic headwinds include inflation and rising Treasury rates.

    By • Aug. 3, 2022
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    Elijah Nouvelag via Getty Images
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    Georgia senator introduces legislation to bolster military housing nationwide

    Raphael Warnock proposed a series of bills to address the Basic Allowance for Housing, increase homeownership and build more homes for service members.

    By • Aug. 2, 2022
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    Permission granted by Magma Equities
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    Q&A

    Why one apartment owner is betting on North Carolina

    As Magma Equities secures more deals, it’s able to unearth more buying opportunities.

    By • July 26, 2022
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    It costs nearly $4,000 to replace a resident when they leave

    Property managers say they must forgo lost rents and give away concessions when a renter departs.

    By • July 19, 2022