Rents: Page 3

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    REIT Report

    Camden 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 • Feb. 14, 2024
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    REIT Report

    AVB generated $10M from its AvalonConnect rollout in 2023

    Like EQR, the REIT expects a slower year in 2024 with NOI growth of 1.25%.

    By • Feb. 12, 2024
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    Trendline

    Rent 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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    kevinjeon00 via Getty Images
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    REIT Report

    EQR sees renewal rents above 5%

    The REIT expects to see costs fall in 2024, including those from payroll, maintenance and repair.

    By • Feb. 7, 2024
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    drnadig via Getty Images
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    Senators introduce bill to prevent use of algorithms to raise rent

    If passed, the legislation would make rent coordination a violation of the Sherman Act.

    By • Feb. 7, 2024
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    Permission granted by National Multifamily Housing Council
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    4 takeaways from the NMHC conference

    The association’s packed event in San Diego last week featured lots of commentary about housing supply.

    By • Feb. 6, 2024
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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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    webking via Getty Images
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    Fitch: Multifamily CMBS delinquencies to double in 2024

    Heightened levels of new supply, slowing revenue growth and higher expenses will challenge apartments.

    By • Jan. 29, 2024
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    What apartment leaders need to know for 2024

    It’s anyone’s guess what will happen in the next 12 months, but these insights from multifamily pros can help bring the year into focus. 

    By Multifamily Dive Staff • Jan. 26, 2024
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    Q&A

    Management exec sees softening in NYC metro

    In the suddenly competitive market, FirstService Residential’s Marc Pollack is prioritizing service.

    By • Jan. 26, 2024
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    CHUNYIP WONG via Getty Images
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    2024 OUTLOOK

    5 predictions for apartment development in 2024

    As starts fall, labor and land will be impacted.

    By • Jan. 24, 2024
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    Q&A

    New Jersey owner caters to empty nesters

    Woodmont Properties offers flexibility, storage and larger apartments.

    By • Jan. 19, 2024
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    Sean Pavone via Getty Images
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    Where land is scarce and housing is costly, some cities are looking up

    Jurisdictions across the country are relaxing zoning laws to allow for taller multifamily construction.

    By Amanda Loudin • Jan. 19, 2024
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    2024 OUTLOOK

    Where rents will go in 2024

    New supply and concessions will be the headline stories in apartment markets this year.

    By • Jan. 17, 2024
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    Permission granted by ARK Homes For Rent
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    Q&A

    The evolution of build to rent

    As he embarks on a new role as CEO of ARK Homes For Rent, John Isakson sees an opportunity to define the BTR sector.

    By • Jan. 16, 2024
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    Chunyip Wong via Getty Images
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    YOY rent growth falls to lowest non-pandemic level since 2010

    The national average rent is down $17 over the past five months, according to Yardi Matrix.

    By • Jan. 12, 2024
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    Grand Warszawski via Getty Images
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    2024 OUTLOOK

    Will 2024 see more apartment deals?

    Falling rates and still-stressed owners could put more properties on the market this year.

    By • Jan. 12, 2024
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    Zolnierek via Getty Images
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    RealPage lawsuit progresses in court

    However, a federal court tossed out a similar student housing antitrust suit.

    By • Jan. 12, 2024
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    2024 OUTLOOK

    4 multifamily trends to watch in 2024

    Apartment operators will see new supply temper rent growth this year, among other challenges.

    By • Jan. 9, 2024
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    Feverpitched via Getty Images
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    Many renters on the fence about homeownership

    A majority of apartment residents say rising mortgage rates have extended their home purchase timelines.

    By • Jan. 4, 2024
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    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 • Dec. 19, 2023
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    The 5 hottest neighborhoods for multifamily development

    These areas have seen the largest share of new apartment units over the last several years as residents are drawn in by a lively mix of restaurants, retail spots, museums and more.

    By • Dec. 12, 2023
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    The cities with the most concessions

    Landlords in 43 of the top 50 markets are offering more rental enticements than last year, according to a Zillow report.

    By • Dec. 11, 2023
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    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 • Dec. 7, 2023
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    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 • Dec. 5, 2023
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    Sundry Photography via Getty Images
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    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 • Dec. 4, 2023