Rents: Page 6
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REIT ReportUDR raises guidance despite Sun Belt softness
New leases continue to be challenging due to supply, but the REIT credits a customer service initiative with helping to boost renewals.
By Leslie Shaver • Aug. 7, 2024 -
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5 things to think about when you decide to centralize
Moving functions off-site may bring benefits, but it's not without hurdles. Here's what operators need to know.
By Leslie Shaver • Aug. 6, 2024 -
Explore the Trendlineâž”
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TrendlineStudent Housing
As colleges grapple with funding and enrollment issues, one trend related to higher education has remained steady: the demand for high-quality off-campus housing.
By Multifamily Dive staff -
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Apartmentalize 2024How the right unit amenities can boost rent
Examining a property’s unit pricing can help managers find new revenue sources, according to panelists at Apartmentalize.
By Mary Salmonsen • Aug. 6, 2024 -
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Rent growth starts to rebound in some Sun Belt markets
The national average rent rose for the sixth straight month in July, according to Yardi Matrix.
By Mary Salmonsen • Aug. 5, 2024 -
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REIT ReportEQR outperforms expectations
Despite challenges in the Sun Belt, moderating expenses and strong coastal performance helped the REIT in the second quarter.
By Leslie Shaver • Aug. 5, 2024 -
Permission granted by Virtú Investments
Q&AInvestor sells in the Sun Belt, buys in California
When cap rates fell below 3% in Phoenix, Virtú Investments CEO Mike Green knew it was time to shift to lower-supply markets.
By Leslie Shaver • Aug. 1, 2024 -
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Market tightness hits 2-year high
While vacancies are still rising and rent growth is low, some pros feel the market is at a turning point, according to the NMHC’s sentiment survey.
By Mary Salmonsen • July 25, 2024 -
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DOJ reportedly planning RealPage civil suit
The Justice Department is probing the exchange of pricing information and even vacancy rates, according to Politico.
By Leslie Shaver • July 17, 2024 -
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Despite headwinds, rent growth remains positive
Rents rose 1.5% in the first half of 2024 and 1% in the second quarter, trending below the historical average.
By Mary Salmonsen • July 12, 2024 -
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Unit turnover, move-outs to buy drop
High home prices, fewer listings and lifestyle preferences are keeping renters in one place, according to a new study.
By Mary Salmonsen • July 8, 2024 -
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RealPage breaks silence on antitrust allegations
Amid dozens of lawsuits and a DOJ investigation, the company issued a statement to correct what it said are factual inaccuracies around its revenue management software.
By Leslie Shaver • June 27, 2024 -
Permission granted by Leon Capital Group
Q&AInside a Dallas developer’s plan for 2,000 starts this year
The president of Leon Capital Group’s multifamily division sees an opportunity to deliver new apartments into rent growth.
By Leslie Shaver • June 20, 2024 -
Permission granted by Palladius Capital Management
DEALS + STARTSPalladius Capital Management grabs a student property in San Antonio
CEO Nitin Chexal explains why the firm has invested $170 million along the I-35 corridor over the last 12 months.
By Leslie Shaver • June 18, 2024 -
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The most sought-after destinations for renters this spring
Select Midwest metros remain the most popular cities searched for by apartment hunters.
By Mary Salmonsen • June 18, 2024 -
Permission granted by Nuveen
Nuveen strikes $100M deal with CalPERS
The nation’s fourth-largest owner is working to preserve housing for residents earning less than 80% of the area median income.
By Leslie Shaver • June 14, 2024 -
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Average rent rises to all-time high despite slow YOY growth
While market performance is following normal seasonal patterns, large delivery pipelines are a headwind on rents in the Sun Belt and other markets, according to Yardi.
By Mary Salmonsen • June 11, 2024 -
Permission granted by Cushman & Wakefield Multifamily Asset Services
Q&AWoody Stone sees more M&A coming in the management space
The president of Cushman & Wakefield Multifamily Asset Services says some larger owners are moving to limit the number of operators they work with.
By Leslie Shaver • June 11, 2024 -
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FBI raids Cortland office
The Atlanta-based owner and operator confirmed the search but said the company and its employees are not targets of the investigation.
By Leslie Shaver • June 6, 2024 -
Retrieved from The Lanes at Union Market.
Ranger Properties’ Washington, DC, building sold at auction
HH Fund bought the 110-unit project in the city’s Union Market neighborhood for $38.3 million.
By Leslie Shaver • May 31, 2024 -
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REITs beat expectations in Q1
Strong occupancy and resident retention set the stage for outperformance.
By Leslie Shaver • May 23, 2024 -
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REIT ReportRenewal and new lease rates diverge for MAA
The REIT’s existing residents paid 5% more YOY in Q1, but supply pushed new rents down 6.2%.
By Leslie Shaver • May 20, 2024 -
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REIT ReportCamden sees favorable trends in insurance, taxes and bad debt
Although supply remains a problem, demand is durable in the REIT’s markets.
By Leslie Shaver • May 15, 2024 -
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Rents are on the rise again, moving close to all-time highs
Although multifamily operators face challenges including rising costs and high interest rates, demand is keeping absorption consistent in most markets.
By Mary Salmonsen • May 15, 2024 -
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REIT ReportUDR plans to back off of high occupancy to boost rents
Despite solid results, the REIT isn’t raising its full-year guidance.
By Leslie Shaver • May 13, 2024 -
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REIT ReportEssex raises revenue guidance
Improvement in delinquencies helped power the REIT’s better-than-expected first-quarter numbers.
By Leslie Shaver • May 8, 2024
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