Transactions: Page 27

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    Apartment transactions plummet

    The sales market won't take off until interest rates stabilize, says CBRE exec.

    By • Dec. 6, 2022
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    Permission granted by Atlas Real Estate Partners
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    DEALS + STARTS

    How one owner scored a large profit on a Florida property

    Buying at the right time, property renovations and strong growth in Naples, Florida, helped Atlas.

    By • Dec. 2, 2022
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    Material costs decline after 18 months of record highs

    Prices for most commodities have fallen significantly over the last two months, with the exception of ready-mix concrete. 

    By Mary Salmonsen • Dec. 1, 2022
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    These states have the most student housing distress

    Although there are pockets of problems in some areas, delinquencies in apartments near colleges have fallen to the lowest rate in 15 years.

    By • Nov. 28, 2022
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    MBA: Multifamily originations declined 16% in Q3

    Lending fell 13% across commercial real estate as rising interest rates thwarted deal flow.

    By • Nov. 22, 2022
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    Permission granted by Haven Realty Capital
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    Haven, JP Morgan form $1B build-to-rent joint venture

    The newly announced partnership is yet another signal that institutions are bullish on single-family rentals.

    By • Nov. 18, 2022
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    Permission granted by Bonaventure
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    DEALS + STARTS

    Top apartment deals of Q3

    Go behind the scenes to see how some of this quarter’s biggest transactions took shape.

    By • Nov. 17, 2022
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    Trepp: Servicing, delinquency rates drop

    Although problem loans remain rare in the apartment sector, some groups expect distressed buying opportunities in 2023 and 2024.

    By • Nov. 14, 2022
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    Permission granted by Standard Communities
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    Q&A

    How Standard Communities is working to grow to 50,000 apartments

    With tech firms like Amazon and Microsoft showing a willingness to invest, affordable owners have more ways to acquire housing.

    By • Nov. 11, 2022
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    CBRE: Spreads widen 4 basis points on multifamily loans

    Loan-to-values fell 2.9 percentage points from Q2 and 9 percentage points from a year ago.

    By • Nov. 10, 2022
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    Permission granted by OneWall Communities
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    OneWall grabs a tax credit property in the DC suburbs with a mid-4% interest rate

    The company sees an opportunity to renovate units and raise rents while staying within LIHTC parameters.

    By • Nov. 9, 2022
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    Permission granted by Greystar Real Estate Partners
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    The country’s biggest apartment owners

    Greystar and Equity Residential sit atop a new list of firms ranked by units owned, portfolio value and other factors.

    By • Nov. 7, 2022
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    Trepp: Cap rates sit below 4%

    Although cap rates have risen, their increase is a fraction of the jump in Treasury yields.

    By • Nov. 4, 2022
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    Permission granted by Avanath Capital Management
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    Q&A

    Are interest rates too high? Daryl Carter has seen much worse

    Avanath’s CEO is still getting affordable apartment deals done despite volatility in the market.

    By • Nov. 1, 2022
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    Permission granted by Magma Equities
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    DEALS + STARTS

    Magma partners with Walker & Dunlop to nab 820 units in Houston, Dallas metros

    The Manhattan Beach, California-based owner has amassed nearly 3,500 units in Texas.

    By • Oct. 31, 2022
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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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    The top markets for buying, selling apartment buildings

    Two Texas cities lead the nation in apartment deal volume as Manhattan makes a major jump.

    By • Oct. 26, 2022
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    Apartment transaction volume falls 17% in Q3 as cap rates decline YOY

    Without the massive ACC-Blackstone deal, sales would have fallen even further.

    By • Oct. 25, 2022
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    Permission granted by Bell Partners
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    DEALS + STARTS

    Bell makes 4 buys around the country

    The Greensboro, North Carolina-based apartment firm nabbed 846 units for $313 million.

    By • Oct. 25, 2022
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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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    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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    Permission granted by Eagle Property Capital
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    Q&A

    Inside one company’s strategy to focus on the Latino market

    Eagle Property Capital’s value-add strategy goes beyond property improvements to make its residents' lives better.

    By • Oct. 18, 2022
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    Permission granted by Bonaventure
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    DEALS + STARTS

    Bonaventure secures 2 Virginia properties by assuming existing below-market loans

    The alternative asset manager is focused on working with owners who need creative solutions because of their partnership constraints or tax positions.

    By • Oct. 14, 2022
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    Permission granted by Investors Management Group
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    DEALS + STARTS

    IMG grabs more units in under-the-radar South Carolina market

    The Millennium Apartments appealed to CEO Neil Schimmel because of its upside potential and “excellent price per pound.”

    By • Oct. 10, 2022
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    Permission granted by Monument Capital Management
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    DEALS + STARTS

    Alex Rodriguez-founded company makes another bet on Minneapolis

    Monument Capital Management has completed its eighth deal in the city, giving it more than 1,000 units in the region.

    By • Oct. 6, 2022