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 Leslie Shaver • Feb. 8, 2023

Ballast Rock lands South Carolina property

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

By Leslie Shaver • Feb. 8, 2023

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 Leslie Shaver • Feb. 6, 2023

MAA posts strong revenue, rent increases in Q4

The REIT’s robust renewal rates are driving growth as new lease pricing moderates, according to the firm’s earnings call last week.

By Leslie Shaver • Feb. 3, 2023

By assuming existing financing, RailField acquires a property in North Carolina

The Bethesda, Maryland–based owner sees the workforce property as a good value-add play.

By Leslie Shaver • Feb. 2, 2023

2023 multifamily outlook roundup

From financing to development, design to acquisitions, these will be the biggest topics and trends facing apartment pros this year.

By Multifamily Dive Staff • Jan. 31, 2023

Finding a loan will be more difficult in 2023

The agencies remain in the game, but questions surround other debt sources.

By Leslie Shaver • Jan. 27, 2023

Lynd Group sells Colorado property for $67.5M

The company received a 31.5% internal rate of return and an equity multiple of 1.8 times.

By Leslie Shaver • Jan. 26, 2023

Chetrit Group looks to reduce debt in its troubled 43-property portfolio

The New York City–based company is under contract to sell 12 of its assets.

By Leslie Shaver • Jan. 24, 2023

3 reasons why labor, material and land prices may ease in 2023

Construction costs for developers should moderate this year, experts say.

By Leslie Shaver • Jan. 23, 2023

$448M loan backing 62 San Francisco properties goes into default

Veritas, the city’s biggest landlord, is looking for a partner to help recapitalize the assets.

By Leslie Shaver • Jan. 20, 2023

Apartment sales volume drops 17% in 2022

Prices also fell from November to December.

By Leslie Shaver • Jan. 20, 2023

Fogelman makes a purchase near the University of Georgia

The Memphis, Tennessee-based firm acquired 1,660 units, totaling $291 million, in 2022.

By Leslie Shaver • Jan. 19, 2023

2 longtime DC real estate firms join forces

By acquiring Borger, Donohoe adds a residential management division.

By Leslie Shaver • Jan. 18, 2023

Flexible rent payment options gain popularity as affordability decreases

Buy now, pay later programs save property managers time and help struggling renters stay up to date.

By Robyn Griggs Lawrence • Jan. 17, 2023

Apartment investors look for discounts in 2023

With $249 billion in debt maturing in the next two years, some owners may have to sell regardless of whether they’re ready.

By Leslie Shaver • Jan. 17, 2023

Trion scores 37% rate of return on Oregon deal

The company sold Fox Meadows in Portland for $19.35 million after holding it for two years.

By Leslie Shaver • Jan. 12, 2023

CMBS delinquency rate rises in December

Multifamily’s 36-basis-point increase topped all commercial real estate sectors.

By Leslie Shaver • Jan. 10, 2023

Dallas developer takes ‘pet friendly’ to the next level

Steve Bardack’s Fidus Pet Concierge Communities aims to purchase and renovate garden-style properties with pet-friendly features. 

By Leslie Shaver • Jan. 6, 2023

November deal volume drops almost 75%

Prices rise year over year as owners hold onto their properties.

By Leslie Shaver • Jan. 5, 2023

Multifamily loans top $2 trillion for the first time

The inventory of multifamily loans for the GSEs, life insurers, banks and thrifts, and securitization vehicles rose in the third quarter.

By Leslie Shaver • Jan. 4, 2023

UC Investments injects $4B into Blackstone’s REIT

Blackstone will contribute $1 billion of its current BREIT holdings to a strategic venture with the University of California’s investment arm.

By Leslie Shaver • Jan. 4, 2023

Flexibility helps Los Angeles investor enter the Vegas market

Banyan Residential acquires 133 townhomes in a $61 million deal.

By Leslie Shaver • Jan. 3, 2023

Lennar postpones plans to spin off multifamily subsidiary

The builder is going to "wait for the right timing" to spin off Quarterra, according to CEO Stuart Miller.

By Leslie Shaver • Dec. 21, 2022

Multifamily servicing rates continue to increase

The overall CRE servicing rate increased for the fourth month in a row.

By Leslie Shaver • Dec. 14, 2022