The REIT upped its same-store revenue, expense and net operating growth outlook for 2025 in its earnings report.| Multifamily Dive
Despite resilient demand, the REIT continues to feel the impact of new supply in its Sun Belt markets.| Multifamily Dive
Joe Fisher’s departure was “amicable” and had been in the works for months, according to an analyst.| Multifamily Dive
The Los Angeles-based firm plans to target opportunities in Boston; Orlando, Florida; and Atlanta.| Multifamily Dive
While Sean Burton is hopeful for more development opportunities in his home state, the firm is also looking eastward for opportunities.| Multifamily Dive
Blackstone’s holdings make up over 10% of the 2.2 million total units, according to a recent report.| Multifamily Dive
The new platform, known as Anchor Point Residential, debuts with the acquisition of a 51-property, 6,000-unit portfolio.| Multifamily Dive
Sumitomo’s projects would make it the No. 6 developer in the country.| Multifamily Dive
The agency aims to extend an incentive previously reserved for energy-efficient projects to all of its multifamily loans.| Multifamily Dive
Proactive risk management, regular policy reviews and the adoption of new technologies can protect properties and control costs.| Multifamily Dive - Latest News
One observer expects the volume of transactions to rise 20% to 25% in the metro area this year.| Multifamily Dive - Latest News
The Federal Trade Commission said the firms conspired to reduce competition in the online multifamily rental listing market.| Multifamily Dive - Latest News
The government-sponsored enterprise claims that Fordham Fulton Realty Corp. defaulted on a commercial mortgage covering Fordham Tower and Fulton Towers, according to Bisnow.| Multifamily Dive - Latest News
Multifamily Dive has apartment pros covered with a full list of upcoming rental housing events, expos and meetings on tap for the coming year.| Multifamily Dive - Latest News
After seeing rents decline for the first summer in 15 years, apartment operators are hesitant to raise prices heading into the colder months.| Multifamily Dive - Latest News
Sales of individual properties rose 11%, according to an MSCI Real Assets report, as observers see optimism for volume to pick up in the coming months.| Multifamily Dive - Latest News
The agency also eliminated three MIP categories for green and affordable housing that it said were not aligned with Trump’s policy agenda.| Multifamily Dive
The number of buildings with five-plus units starting construction fell 20% year over year, while completions fell almost 30%.| Multifamily Dive
More reductions could be needed to stimulate the economy and impact multifamily valuations and transaction volumes.| Multifamily Dive
Developers should seek out areas with both strong demand and less robust competition from market-rate properties, according to new research from the real estate intelligence firm.| Multifamily Dive
Overdue payment rates for apartments jumped 71 basis points month over month in August, but REIT executives don’t see discount properties hitting the market.| Multifamily Dive
Gov. Gavin Newsom will soon review SB 79, which will make it easier to build multifamily housing near major train stops and rapid bus lines.| Multifamily Dive
Maggie Deichmann will identify strategic opportunities in the region and leverage her experience to broaden institutional best practices across the firm.| Multifamily Dive
The sector is “supported by strong, resilient demand that is less sensitive to economic cycles,” said a company executive.| Multifamily Dive
“The irreparable harm is that these funds would be lost forever by anybody that intends to apply,” U.S. District Judge Mary S. McElroy said.| Multifamily Dive
By using creative financing structures, VP Jake Fortune-Greeley says the developer can start projects in North Carolina and Tennessee, as well as its other core metros.| Multifamily Dive
Gov. Wes Moore wants to shrink permitting timelines, set housing production targets and use state land for transit-oriented development.| Multifamily Dive
Over 500,000 new units are expected to open this year — more than half of them located in the South.| Multifamily Dive
The office-to-multifamily pipeline has grown by 28% over the past year, according to a new report.| Multifamily Dive
Adaptive reuse developers may be eligible for tax breaks, grants or government aid under a range of city and state programs.| Multifamily Dive
Azola Avery Centre, located in the Avery Centre master-planned community in Round Rock, Texas, includes built-in work-from-home space and private yards in select units.| Multifamily Dive
The Texas assets, owned by Keller Capital and backed by a $110 million loan, experienced a 16% decline in their 2024 net cash flow from issuance.| Multifamily Dive
The Virginia-based firm purchased Sage Creek Apartments in Augusta from an investor group led by JJM Realty Partners.| Multifamily Dive
Jason Tennenbaum will join the C-suite, while Trevor Ryan and Jim Cunningham will lead Marquette Cos. and Marquette Management respectively.| Multifamily Dive
The property manager has made four promotions and four new hires.| Multifamily Dive
Andy Wu, formerly with ResiBuilt, will work with the executive team on growth opportunities.| Multifamily Dive
In addition to focusing on occupancy, the REIT is using AI to combat fraud.| Multifamily Dive
The REIT expects to see costs fall in 2024, including those from payroll, maintenance and repair.| Multifamily Dive
Pricing fell 8.4% in 2023, and cap rates rose for garden and mid- and high-rise properties.| Multifamily Dive