San Diego-area apartment trades for $82M

Jackson Square Properties sold a 233-unit community in Chula Vista to Pacific Urban Investors.

Gen Z to pay $145K in rent by age 30

While millennials paid less for rent in their 20s than their younger counterparts, they also earned less on average.

4 questions about the Blackstone-AIR deal

Analysts talk about the implications of last week's acquisition and the potential for more M&A on the horizon.

Tech-focused apartment tower set to open in Oakland

Managed by Bozzuto, 1900 Broadway will offer office space, coworking options, a fleet of Teslas and amenity access through an integrated mobile app.

MEB Management Services merges with Weller

The combined company, Bryten Real Estate Partners, will operate nearly 47,000 units across the U.S.

The multifamily markets where expenses are rising the fastest

While total operating cost growth has slowed somewhat, insurance premiums are increasing, especially in disaster-prone areas.

S&P puts AIR on watch after Blackstone deal

The rating agency is concerned that the investment manager is “likely to continue to saddle aggressive debt leverage upon its portfolio companies.”

California manager settles for over $1M in security deposit case

The state attorney general alleges that Arnel Management Co. deducted pre-set cleaning fees regardless of unit condition.

Hines enters the BTR market

The Houston-based CRE giant believes the sector will thrive during the  “higher-for-longer” interest rate environment.

Upcoming 325-unit property spotlights artistry in Huntsville, Alabama

Bordering two historic districts, Stella at Five Points is positioned to take advantage of a changing market.

RPM Living pays $85M for Atlanta-area asset

The Austin, Texas-based firm bought the 407-unit apartment complex from Willow Bridge Property Co.

Hillpointe rises to the top

The firm’s fully integrated approach provides a unique competitive advantage, according to co-founder Steven Campisi.

Greystar, Summit Contracting take top spots on construction lists

Mill Creek Residential and Trammell Crow Residential moved up to the No. 2 and No. 3 spots on the developer chart.

Rent growth sees largest gain in 20 months

The national average rent rose $8 in March, and demand for units remains strong.

Biden has proposed ‘the boldest housing plan in a generation,’ his economic advisor says

The plan would expand tax credits for affordable housing developers, a proven way to boost supply, National Economic Advisor Lael Brainard said.

Rising rental fraud comes at a cost for property managers

Falsified applications have reduced income or increased expenses by at least 10% for most operators, according to a new report.

Survey says operators should focus on community over frills

More than luxurious amenities, renters want to be treated with a welcoming attitude by staff and other tenants, according to a new NMHC report.

How to ease the path to transit-oriented housing development

Public transportation agencies “just [don’t] have the land resources on hand to make it feasible,” said the author of a recent Urban Institute analysis.

Blackstone to take AIR private for $10B

The private equity giant plans to invest more than $400 million to maintain and improve the REIT’s existing portfolio.

Greystar takes the top spot on owners’, managers’ and developers’ lists

Asset Living and RPM Living are No. 2 and No. 3 respectively on the managers’ list, while MAA and Morgan Properties hold the same spots on the owners’ list.

Multifamily becoming trouble spot for banks

The number of apartment loans at least 30 days past due or in non-accrual has jumped 81%.

Surge of legislation aims to regulate the multifamily industry

Rent control, housing fees and tenant screening are the subjects of hundreds of bills and rule proposals.

Updated April 9, 2024

Related Group starts $500M tower on Chicago waterfront

400 Lake Shore will replace the abandoned Chicago Spire project with two residential buildings and a new public park.

Design firm rolls out conversion scorecard

Lamar Johnson Collaborative rates potential adaptive reuse sites based on incentives, building form and function, location and reputation.

Global investors favor apartment properties

Multifamily is the most preferred sector of all three of CBRE’s global regions, including the Americas, Europe and Asia-Pacific.