The Latest

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    Apartment transactions fall 8% in August

    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.

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    Whistleblowers accuse HUD of ‘systematically undermining’ fair housing laws

    A gutted workforce and gag orders are preventing the Office of Fair Housing from performing its duties, staffers within the office say.

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    HUD cuts multifamily mortgage insurance premiums

    The agency also eliminated three MIP categories for green and affordable housing that it said were not aligned with Trump’s policy agenda.

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    5 takeaways from Harvard’s Unlocking the Missing Middle housing report

    The university’s Joint Center for Housing Studies is examining “missing middle” housing in Massachusetts.

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    5,100 rent-stabilized apartments heading to auction in NYC

    The dozens of buildings, which fell into Chapter 11 earlier in the year, are located in Brooklyn, Queens, Manhattan and the Bronx.

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    Alpine Investors launches property management platform, buys Cirrus Asset Management

    After partnering with Steve Heimler’s firm, Oakline Properties will focus on scaling property and association management businesses across the United States. 

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    Multifamily’s notable executive moves of July, August

    The end of summer 2025 brought a number of executive transitions in the apartment industry.

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    RealPage settles Nevada’s rent price-fixing suit

    The firm does not admit any wrongdoing in the agreement over its rent-setting software use in Nevada.

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    Affordable housing developers sue over new Texas law

    HB 21 significantly tightens the laws regarding how these projects can access tax breaks.

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    Amazon pledged to deliver affordable housing to the Puget Sound region. It just hit 10,000 units.

    The milestone resulted from the company’s $900 million investment in housing that will remain affordable for 99 years.

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    DEALS + STARTS

    Security Properties buys 903 units in Seattle for $400M

    The Seattle-based owner bought the five properties from Washington Holdings, the firms' second deal this year, with plans to "double down" in the market.

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    EXECUTIVE MOVES

    Alliance restructures its Eastern US operations

    As part of the changes, the developer established a new Mid-Atlantic Division and announced a number of promotions.

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    Retrieved from Mural Apartments on September 16, 2025
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    DEALS + STARTS

    Virtú Investments buys 2 Seattle properties

    The Larkspur, California-based multifamily investment firm acquired Link and Mural — separate apartment communities that are operated together.

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    EXECUTIVE MOVES

    Bell Partners names new SVP of customer experience, marketing

    Sparkle Mixson will lead the real estate firm’s brand development and digital engagement efforts.

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    Toll Brothers sells apartment platform to Kennedy Wilson

    With the sale of 18 properties and 29 development sites, the Pennsylvania-based home builder telegraphed plans to exit the apartment business.

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    Apartment starts rise 16% YOY in August

    The number of buildings with five-plus units starting construction fell 20% year over year, while completions fell almost 30%.

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    Fed cuts rates, but apartment industry expects little impact

    More reductions could be needed to stimulate the economy and impact multifamily valuations and transaction volumes.

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    Best places to build affordable housing: Yardi Matrix

    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.

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    California set to allow denser housing by transit

    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.

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    Apartment CMBS delinquencies hit 9-year high, distress sales still slow

    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.

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    Kayla Bartkowski/Getty Images via Getty Images
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    Judge temporarily blocks new HUD housing grant criteria

    “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.

    Updated Sept. 16, 2025
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    Why TruAmerica made a bet on affordable housing

    The sector is “supported by strong, resilient demand that is less sensitive to economic cycles,” said a company executive.

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    Permission granted by Candela
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    EXECUTIVE MOVES

    Cityview adds managing director of East Coast acquisitions

    Maggie Deichmann will identify strategic opportunities in the region and leverage her experience to broaden institutional best practices across the firm.

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    Permission granted by JPI
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    Q&A

    Why JPI went back into the Southeast

    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.

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    With an executive order, Maryland aims to build more houses faster

    Gov. Wes Moore wants to shrink permitting timelines, set housing production targets and use state land for transit-oriented development.