Capital: Page 2
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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.
By Leslie Shaver • April 3, 2024 -
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Deep DiveInvestors watch, wait for signs of distress
As lenders work with borrowers and bring back “extend-and-pretend” strategies, apartment properties with problem loans aren’t hitting the market.
By Leslie Shaver • April 2, 2024 -
Explore the Trendline➔
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TrendlineTop 5 stories from Multifamily Dive
A roundup of some of Multifamily Dive’s top stories of 2024.
By Multifamily Dive staff -
Permission granted by Freddie Mac
GSEs regain their dominance in apartment lending
Fannie Mae and Freddie Mac claimed 58% market share in 2023 after their share fell 39% in 2022.
By Leslie Shaver • April 2, 2024 -
Permission granted by Southeast Property Group
2 distressed Chetrit properties sold in Florida for $20M
With the purchases, Southeast Property Group has entered the Jacksonville market.
By Leslie Shaver • March 29, 2024 -
Permission granted by Interra Realty
DEALS + STARTSChicago deal fetches a near-decade high price for its submarket
Icarus Investment Group snagged Madison Terrace in the Garfield Park neighborhood for $11 million.
By Leslie Shaver • March 28, 2024 -
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Deal volume continues to fall, declining to $4.9B
Transactions dropped 35% in February, as prices decreased 8.9%.
By Leslie Shaver • March 27, 2024 -
Permission granted by The Related Cos.
Starts drop 36% to 377,000
Supply continued to pile up in February, with 644,000 apartments delivered and 966,000 under construction.
By Leslie Shaver • March 27, 2024 -
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The cities with the largest volume of loan maturities
Atlanta, Dallas and Denver lead the way, as $525 billion in overall apartment loans are expected to mature by 2029.
By Leslie Shaver • March 25, 2024 -
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DEALS + STARTSCenterspace sells 2 properties for $19M total
Last year, the REIT jettisoned 13 communities for $226.8 million as it focused on repaying debt.
By Leslie Shaver • March 21, 2024 -
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Brooklyn properties transferred to servicing
Three of Conway Capital’s New York City properties are delinquent despite strong occupancy.
By Leslie Shaver • March 19, 2024 -
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Multifamily logs biggest jump in distress in 18 months
The sector’s 80 bps increase was higher than any other commercial real estate segment.
By Leslie Shaver • March 18, 2024 -
Permission granted by Champion Real Estate Co.
Q&AStudent housing firm sets sights on Power Five conference schools
Champion Real Estate avoids the amenity wars by purchasing and renovating older properties.
By Leslie Shaver • March 15, 2024 -
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REITs see hurdles for new acquisitions
With asking cap rates still around 5% in many markets, most executives think sellers need to adjust prices.
By Leslie Shaver • March 13, 2024 -
Permission granted by Shoreham Capital
Shoreham Capital sells SFR community near Orlando, Florida
The developer went under contract over two years ago with a state pension fund for the 175-home community.
By Leslie Shaver • March 12, 2024 -
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More Veritas apartments hit the market in San Francisco
The owner has defaulted on $1 billion worth of loans that were backed by more than 2,450 apartments across the city.
By Leslie Shaver • March 12, 2024 -
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DEALS + STARTSBlighted New Jersey tower changes hands
Hudson Valley Property Group worked for two years to cobble together financing to close the 21-story Northgate Apartments in Camden.
By Leslie Shaver • March 7, 2024 -
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Powell predicts commercial real estate woes will most afflict smaller banks
The Fed, bankers and commercial real estate executives have warned of turbulence as property owners struggle to refinance debt at higher rates.
By Jim Tyson • March 7, 2024 -
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Nearly 50 banks have multifamily loan issues
At the end of 2023, 49 financial institutions had apartment nonperforming loans greater than 5% of total multifamily loans, according to a report from Fitch Ratings.
By Leslie Shaver • March 6, 2024 -
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Dallas, Atlanta lead the way for apartment sales
Both metros held the top spots despite transaction declines of more than 50%, while Chicago and New York City’s boroughs moved into the top five.
By Leslie Shaver • March 5, 2024 -
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Supply chain headaches persist 4 years into pandemic
As the fourth anniversary of COVID-19’s arrival in the U.S. nears, contractors are still dealing with challenges around materials pricing and availability.
By Shefali Kapadia • March 4, 2024 -
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Multifamily originations fall
New loans declined 46% in 2023 and 27% in Q4, according to new reports.
By Leslie Shaver • March 1, 2024 -
Permission granted by BH Management Services
Pretium acquires BH Management Services
The Des Moines, Iowa-based No. 8 apartment operator in the country has a portfolio of multifamily, student and single-family housing.
By Leslie Shaver • March 1, 2024 -
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Wells Fargo CFO calls commercial real estate a ‘long movie’
The office market is under the most pressure, the bank’s finance chief Michael Santomassimo said on Monday.
By Maura Webber Sadovi • Feb. 28, 2024 -
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MSCI: Apartment sales drop 45%
Prices also fell in January, but the pace of decline is slowing.
By Leslie Shaver • Feb. 28, 2024 -
Permission granted by Cushman & Wakefield
DEALS + STARTSNew property in Phoenix area sells for $66.5M
Developer Vedura Residential sold Elevation at the Village to RV resort, manufactured home and apartment operator Cal-Am Properties.
By Leslie Shaver • Feb. 28, 2024
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