Transactions
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Tailwind enters San Francisco, Las Vegas with $60M portfolio purchase
The California-based apartment owner and operator acquired three properties in an off-market transaction from a motivated long-term family owner.
By Leslie Shaver • Dec. 4, 2025 -
Q&A
Why CAPREIT is eyeing more management growth
After being selected by Affordable Homes & Communities to operate 21 properties, CEO Andrew Kadish sees the opportunity to secure more affordable contracts.
By Leslie Shaver • Dec. 2, 2025 -
Multifamily delinquencies fell back below 7% in November
Even with the one-month reprieve, one industry observer sees apartment distress rising into 2026.
By Leslie Shaver • Dec. 2, 2025 -
Apartment sales dropped 28% in October
Prices rose 0.5% year over year, while cap rates fell 10 basis points to an average of 5.5%.
By Leslie Shaver • Dec. 1, 2025 -
FHFA hikes multifamily lending caps for 2026
The $30 billion increase will allow Fannie Mae and Freddie Mac to purchase up to $176 billion in multifamily loans next year.
By Leslie Shaver • Nov. 25, 2025 -
Draper and Kramer makes big hometown buy
The Chicago-based firm acquired Eleven33, a 12-story, 263-unit luxury rental community in nearby Oak Park, Illinois.
By Leslie Shaver • Nov. 24, 2025 -
Broad Creek Capital closes first multifamily fund
In addition to wrapping up a $150 million investment vehicle, the Washington, D.C.-based firm acquired an off-market property in Charlotte, North Carolina, for $94 million.
By Leslie Shaver • Nov. 21, 2025 -
What the major apartment REITs bought and sold in Q3
AvalonBay traded properties from the 2013 Archstone sale, while Essex disposed of three communities.
By Leslie Shaver • Nov. 19, 2025 -
7 notable multifamily transactions this fall
Investors bought properties in Atlanta, Seattle and the Sun Belt, as sales volume rose in the third quarter of 2025.
By Leslie Shaver • Nov. 19, 2025 -
Lincoln buys student housing provider Capstone
Capstone will join the Lincoln platform, strengthening its position in higher education infrastructure and enhancing its capabilities in the development, financing and operation of on-campus housing.
By Leslie Shaver • Nov. 18, 2025 -
Elme separates from its chief information officer amid downsizing
The announcement comes on the heels of the REIT’s closing on the $1.6 billion sale of 19 properties to Cortland Partners.
By Leslie Shaver • Nov. 18, 2025 -
Fannie Mae, Freddie Mac likely to hit lending caps in 2025: multifamily leaders
As a potential IPO looms, the agencies are leaning into innovation-creating structures, according to Sharon Karaffa from Newmark’s Multifamily Capital Markets Division.
By Leslie Shaver • Nov. 17, 2025 -
Highsmith, Carol M. (2011). "Robert C. Weaver Federal Building, headquarters of HUD, the U.S. Department of Housing and Urban Development, Washington, D.C" [Photograph]. Retrieved from Wikimedia Commons.
HUD is back online — and is making cuts to its homelessness program
Housing and rental assistance programs are returning after the federal government shutdown, but funding for permanent housing is getting the ax.
By Ryan Kushner • Nov. 14, 2025 -
Rents continue to slip in October
Economic uncertainty is cracking consumer confidence and multifamily operators are responding with concessions, according to a new Yardi Matrix report.
By Julie Strupp • Nov. 14, 2025 -
REITs cite economic uncertainty, supply in Q3 earnings reports
High unemployment and inflation weighed on major multifamily landlords’ results, while AI startup-related demand and coastal back-to-the-office pushes were bright spots.
By Julie Strupp • Nov. 13, 2025 -
Aimco’s board votes to liquidate the company
In 2026 the REIT’s shareholders will finalize a plan that would call for the sale of its 2,524 units, development projects and various land holdings.
By Leslie Shaver • Nov. 13, 2025 -
Landmark Properties, Abu Dhabi Investment Authority sell 8 properties worth over $1B
The joint venture sold the assets, which have 6,200 beds, to a partnership between Morgan Stanley Investment Management and Global Student Accommodation.
By Leslie Shaver • Nov. 12, 2025 -
Centerspace mulls sale, merger
The Minneapolis-based REIT’s board will consider a range of business combinations.
By Leslie Shaver • Nov. 12, 2025 -
Stockdale Capital Partners buys 2 properties in 30 days
The Los Angeles-based commercial real estate investor is looking for more opportunities after acquiring The Quincy at Kierland in Arizona and a class A property in Dallas last month.
By Leslie Shaver • Nov. 6, 2025 -
Matt Ferrari leaves TruAmerica to start new apartment firm
Funds from multifamily newcomer BroadVail Capital Partners will capitalize the AVB and Archstone alum’s new venture, which will be called PXV Multifamily.
By Leslie Shaver • Nov. 5, 2025 -
AvalonBay’s Q3 earnings disappoint amid soft demand
The Arlington, Virginia-based REIT bought apartments in North Carolina, Florida and Washington and sold six other communities in the quarter.
By Julie Strupp • Nov. 3, 2025 -
Multifamily delinquencies jump 53 basis points in October
Apartment CMBS delinquencies topped 7% for the first time in nearly a decade, as office issues hit an all-time high, per a Trepp report.
By Leslie Shaver • Nov. 3, 2025 -
Fed cuts rates for the second time in 2 months
While the reductions could be good news for apartment valuations and sales, the decision also signals stress in underlying economic fundamentals.
By Leslie Shaver • Oct. 29, 2025 -
EQR sees September slowdown in traffic
The REIT saw foot traffic weaken amid heavy supply in many markets, per Equity Residential’s third-quarter earnings call.
By Leslie Shaver • Oct. 29, 2025 -
Fairstead buys a 503-unit property in Louisville, Kentucky
The New York City-based owner, operator and developer purchased the affordable property from Telesis Corp.
By Leslie Shaver • Oct. 28, 2025