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  • Gray apartment building rendering with trees in the foreground
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    Permission granted by Resia

    Miami developer laid off 25% of its workforce

    The cuts came at the end of last year as workforce housing producer Resia adjusted its overhead to “new macroeconomic conditions.”

    By • March 22, 2023
  • Coin stack on international banknotes with house model on table.
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    Zephyr18 via Getty Images

    Multifamily outstanding debt grew by $148B in 2022

    The agencies and mortgage-backed securities portfolios hold almost half of apartment loans.

    By • March 21, 2023
  • Home key with keychain with black calculator on wooden table
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    Nuthawut Somsuk via Getty Images

    Multifamily CMBS servicing and delinquency rates jump

    Trepp data shows the increases are a trend across commercial real estate as owners, such as Blackstone, grapple with higher interest rates.

    By • March 20, 2023
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    Permission granted by Northland

    Eyeing national expansion, Northland opens second HQ in Texas

    The Newton, Massachusetts-based firm also added Jeff England as vice president of multifamily.

    By • March 16, 2023
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    Spencer Platt via Getty Images

    Failed Signature Bank had a deep reach in the NYC rental market

    The lender funded approximately 3,000 apartment buildings in the city, according to one source.

    By • March 14, 2023
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    Andrey Sayfutdinov via Getty Images

    When will apartment sales return?

    The Federal Reserve signaling a slowdown in interest rate hikes could be the start of bringing certainty to the market.

    By • March 14, 2023
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    Maks_Lab via Getty Images

    Cadillac Fairview completes acquisition of Lincoln’s residential division

    Lincoln CEO Tim Byrne is retiring as a new group of leaders takes the helm at the Dallas-based company.

    By • March 10, 2023
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    Permission granted by Standard Communities
    DEALS + STARTS

    Standard Communities grabs a controlling interest in more than 3,000 affordable units

    The purchase marks Standard’s first acquisition in Florida and its first affordable purchase in Georgia.

    By • March 9, 2023
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    William_Potter via Getty Images

    MBA expects multifamily lending to fall 16%

    Five percent of nonbank multifamily mortgages are slated to mature in 2023.

    By • March 7, 2023
  • Two models of the building, two keys of the house and a binder on the white table.
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    kokouu via Getty Images

    HUD loan volume falls

    Despite the slowdown, the agency’s existing loans could be coveted by borrowers this year.

    By • March 6, 2023
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    Permission granted by RealSource Properties
    Q&A

    Once the buyer’s market arrives, it might not last long

    An executive from RealSource Properties thinks apartment sales could snap back quickly.

    By • March 3, 2023
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    Permission granted by Three Pillars
    Capital Commitments

    Why Three Pillars is betting on distressed buys

    The Houston-based private equity firm tapped into investors from the U.S. and the Middle East to help target Sun Belt properties.

    By • March 3, 2023
  • Close-up of the exchange of keys between two hands.
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    Hispanolistic via Getty Images

    Apartment sales fall 71%

    Prices continued their decline in January, dropping 4.6% year over year.

    By • Feb. 28, 2023
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    Permission granted by Continental Realty Corporation
    DEALS + STARTS

    Continental Realty Corp. buys North Carolina property worth owning ‘for the long term’

    The company assumed the HUD loan in a process that took nearly six months.

    By • Feb. 24, 2023
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    TomasSereda via Getty Images

    Blackstone’s $270M loan goes to servicing

    Despite loan servicing on an 11-property New York City portfolio, the investment giant says it remains committed to rental housing.

    By • Feb. 22, 2023
  • Paper saying notice of loan default
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    KLH49 via Getty Images

    Trepp: Multifamily CMBS servicing rates increase

    One observer sees delinquency rising but staying under 2%.

    By • Feb. 17, 2023
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    kevinjeon00 via Getty Images
    REIT Report

    Equity Residential sees positive employment signs amid uncertainty

    The REIT nears the finish line with some centralization initiatives as it works to corral costs.

    By • Feb. 17, 2023
  • White and black apartment building with a surface-level pool in the foreground.
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    Permission granted by Blackstone
    DEALS + STARTS

    Blackstone makes big buy in Atlanta

    Despite questions about its transaction strategy this year, the firm paid $133 million for a 473-unit property in Georgia.

    By • Feb. 17, 2023
  • Low angle view of the Stock Exchange sign on the facade of the New York Stock Exchange on Wall street, Manhattan.
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    https://www.gettyimages.com/detail/photo/stock-exchange-sign-royalty-free-image/157338910?phrase=wall%20street&adppopup=true via Getty Images
    REIT Report

    AvalonBay pushes forward with expansion goals

    On its earnings call last week, the REIT said it sees signs of rent growth heading into spring leasing.

    By • Feb. 15, 2023
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    Permission granted by RailField
    Q&A

    Why it’s easier to get affordable deals done right now

    RailField Partners' chief investment officer provides insight into which deals are crossing the finish line.

    By • Feb. 14, 2023
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    Spencer Platt via Getty Images
    REIT Report

    Tech sector layoffs, eviction concerns stymie Essex’s growth

    The REIT continues to make progress on its centralized property functions and revenue management system, it said during a recent earnings call.

    By • Feb. 13, 2023
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    Spencer Platt via Getty Images
    REIT Report

    UDR plans to increase the number of properties without staffers

    During its earnings call this week, the REIT’s executives talked about rising expenses, hot markets and the increasing importance of technology.

    By • Feb. 9, 2023
  • The skyline of the city of St. Louis, Missouri on the banks of the Mississippi River.
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    Art Wager via Getty Images

    The 5 markets with the most potential multifamily distress

    St. Louis, followed by the tech hubs of Seattle and San Francisco, could face the most problem loans.

    By • Feb. 8, 2023
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    Permission granted by Ballast Rock
    DEALS + STARTS

    Ballast Rock lands South Carolina property

    After getting a discount, the apartment owner closed on the 132-unit Bentree Apartments.

    By • Feb. 8, 2023
  • Picture of the New York stock exchange and the Wall Street sign.
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    Spencer Platt via Getty Images
    REIT Report

    Camden reports revenue gains, but notes a slowing rental market

    Sensing an opportunity in the future, the REIT could be more aggressive than its peers in developing new properties.

    By • Feb. 6, 2023