Rents: Page 8

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    Blackstone sees for-sale cost increases driving rental demand

    With cap rates rising, the investment giant is focusing on cash flow with multifamily acquisitions.

    By Robyn Griggs Lawrence • Oct. 28, 2022
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    sabthai via Getty Images
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    Renters sue RealPage, Greystar, Lincoln and other managers

    The plaintiffs allege apartment operators artificially inflated prices and indirectly shared sensitive information.

    By • Oct. 25, 2022
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    gremlin via Getty Images
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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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    Permission granted by Blackfin
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    Q&A

    For the right deals, Blackfin still sees a lot of money

    Despite volatility in the capital markets and moderation in rent growth, Doug Root continues to canvass the East Coast for opportunities.

    By • Oct. 24, 2022
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    Permission granted by Mark-Taylor Residential
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    Q&A

    Operators manage owners’ expectations as rent growth turns ‘less good’

    Although the Phoenix economy has expanded, John Carlson of Mark-Taylor Residential knows rental growth will slow.

    By • Oct. 20, 2022
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    William_Potter via Getty Images
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    Cap rates jump 72 basis points in 6 months

    Investors also project more conservative rent increases when underwriting new deals.

    By • Oct. 20, 2022
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    RoschetzkyIstockPhoto via Getty Images
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    Rents remain flat in September

    Year-over-year rent growth dropped below 10% for the first time since July 2021 in Yardi’s latest report.

    By • Oct. 14, 2022
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    Elenathewise via Getty Images
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    3 items property managers are focused on this fall

    Budgeting and getting back to basics take center stage for the rest of the year, according to execs from Cortland, Village Green and Bainbridge.

    By • Oct. 12, 2022
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    Portra via Getty Images
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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
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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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    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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    CHUNYIP WONG via Getty Images
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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
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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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    KeithBinns via Getty Images
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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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    Kruck20 via Getty Images
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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
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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
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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
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    benedek via Getty Images
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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
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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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    Sean Pavone via Getty Images
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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 • Aug. 26, 2022
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    peterschreiber.media via Getty Images
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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
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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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    Blacqbook via Getty Images
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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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    sturti via Getty Images
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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