Rents: Page 2

  • Wall Street sign in the financial district of New York City.
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    REIT Report

    MAA sees new lease pricing improve after 7% fall

    The REIT’s blended pricing rose 130 basis points in January, and the firm expects fundamentals to improve as the year plays out.

    By • Feb. 26, 2024
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    For-cause eviction bill passes in Colorado House

    The legislation, which lays out specific reasons for evictions, now moves to the Senate.

    By • Feb. 26, 2024
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    Trendline

    Rent Trends

    Seasonality, supply, concessions and more are top of mind for rental owners and operators across the country.

    By Multifamily Dive staff
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    ribeirorocha via Getty Images
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    Apartment starts fall 38%

    Developers completed 538,000 units during January, a 53.7% YOY jump.

    By • Feb. 22, 2024
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    Pgiam via Getty Images
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    REIT Report

    Essex sees improvements in delinquencies

    Although the REIT operates in relatively low-supply markets, it only expects 1.25% in rent growth.

    By • Feb. 21, 2024
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    REIT Report

    UDR turns to defense

    In addition to focusing on occupancy, the REIT is using AI to combat fraud.

    By • Feb. 16, 2024
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    ewg3D via Getty Images
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    Weak rent growth on the horizon for 2024

    The national average rent was unchanged last month as new supply dampened prices, according to Yardi Matrix.

    By • Feb. 15, 2024
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    UDR assumes ownership of Mill Creek lease-up development in Oakland

    The REIT had provided $45.2 million in preferred equity for the 173-unit asset.

    By • Feb. 15, 2024
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    REIT Report

    Camden expects a ‘transition year’ for supply, with the highest concessions in Nashville and Austin

    Overall, the firm predicts property revenues to fall between 0.5% to 2.5%, with Southern California leading the way.

    By • Feb. 14, 2024
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    REIT Report

    AVB generated $10M from its AvalonConnect rollout in 2023

    Like EQR, the REIT expects a slower year in 2024 with NOI growth of 1.25%.

    By • Feb. 12, 2024
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    drnadig via Getty Images
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    Senators introduce bill to prevent use of algorithms to raise rent

    If passed, the legislation would make rent coordination a violation of the Sherman Act.

    By • Feb. 7, 2024
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    REIT Report

    EQR sees renewal rents above 5%

    The REIT expects to see costs fall in 2024, including those from payroll, maintenance and repair.

    By • Feb. 7, 2024
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    Permission granted by National Multifamily Housing Council
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    4 takeaways from the NMHC conference

    The association’s packed event in San Diego last week featured lots of commentary about housing supply.

    By • Feb. 6, 2024
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    Oleg Albinsky via Getty Images
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    The most, least affordable cities for single renters

    Women carry a higher rent burden than men in major cities, owing to gender pay gaps, according to a new study.

    By • Feb. 1, 2024
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    webking via Getty Images
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    Fitch: Multifamily CMBS delinquencies to double in 2024

    Heightened levels of new supply, slowing revenue growth and higher expenses will challenge apartments.

    By • Jan. 29, 2024
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    Permission granted by Tim Waltman
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    Q&A

    Management exec sees softening in NYC metro

    In the suddenly competitive market, FirstService Residential’s Marc Pollack is prioritizing service.

    By • Jan. 26, 2024
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    What apartment leaders need to know for 2024

    It’s anyone’s guess what will happen in the next 12 months, but these insights from multifamily pros can help bring the year into focus. 

    By Multifamily Dive Staff • Jan. 26, 2024
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    CHUNYIP WONG via Getty Images
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    2024 OUTLOOK

    5 predictions for apartment development in 2024

    As starts fall, labor and land will be impacted.

    By • Jan. 24, 2024
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    Sean Pavone via Getty Images
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    Where land is scarce and housing is costly, some cities are looking up

    Jurisdictions across the country are relaxing zoning laws to allow for taller multifamily construction.

    By Amanda Loudin • Jan. 19, 2024
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    Permission granted by Woodmont Properties
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    Q&A

    New Jersey owner caters to empty nesters

    Woodmont Properties offers flexibility, storage and larger apartments.

    By • Jan. 19, 2024
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    2024 OUTLOOK

    Where rents will go in 2024

    New supply and concessions will be the headline stories in apartment markets this year.

    By • Jan. 17, 2024
  • New single-family homes along a street with trees in the background.
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    Permission granted by ARK Homes For Rent
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    Q&A

    The evolution of build to rent

    As he embarks on a new role as CEO of ARK Homes For Rent, John Isakson sees an opportunity to define the BTR sector.

    By • Jan. 16, 2024
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    2024 OUTLOOK

    Will 2024 see more apartment deals?

    Falling rates and still-stressed owners could put more properties on the market this year.

    By • Jan. 12, 2024
  • A series of windows and balconies on an apartment building.
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    Chunyip Wong via Getty Images
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    YOY rent growth falls to lowest non-pandemic level since 2010

    The national average rent is down $17 over the past five months, according to Yardi Matrix.

    By • Jan. 12, 2024
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    RealPage lawsuit progresses in court

    However, a federal court tossed out a similar student housing antitrust suit.

    By • Jan. 12, 2024
  • Multifamily residential building under construction
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    Sundry Photography via Getty Images
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    2024 OUTLOOK

    4 multifamily trends to watch in 2024

    Apartment operators will see new supply temper rent growth this year, among other challenges.

    By • Jan. 9, 2024