The Latest
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2025’s top multifamily conferences
Multifamily Dive has you covered with a full list of the industry events, expos and meetings on tap for this year.
Updated Jan. 30, 2025 -
Starts fall 10% YOY amid constrained conditions
Both the number of apartments under construction and those completed declined in March.
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DEALS + STARTS
Milhaus breaks ground on Springdale, Ohio, apartments
Slate Springdale will add 306 units to the fast-growing Cincinnati submarket.
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How student housing can meet the needs of international renters
Affordability and convenience are the top priorities for students coming from abroad, according to a new NMHC study.
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DEALS + STARTS
Georgia apartment complex sells for record price
A private buyer from Tennessee bought the Valdosta property for $18.3 million.
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Q&A
Midwestern developer aims for mass timber heights
Neutral sees the material as a way to reduce its buildings’ carbon footprint and boost its focus on health and well-being, according to CEO Nate Helbach.
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EXECUTIVE MOVES
Jim Cowan joins MC Cos. as director of capital markets
The longtime Morgan Stanley director will be responsible for developing and executing fundraising strategies.
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PROJECT SPOTLIGHT
$46M mixed-use project reaches the skies in Norfolk, Virginia
Construction is finished at the 273-unit Gravity on 400, located in the downtown Waterside District.
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Opinion
AVB’s Kanso model finds the middle ground with scaled-back features
The REIT’s brand, launched in 2022, focuses on offering high-end apartment homes with minimal community amenities and a technologically enabled service model.
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PROJECT SPOTLIGHT
Historic Brooklyn college building reopens with 205 apartments
Built out of the St. John’s College building, The Hartby has retained its original Romanesque Revival design.
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Q&A
How LeFrak used a rooftop solar array to reduce CO2
Community relations head Charles Burton explains how 450 solar panels at The Beach in Jersey City, New Jersey, offset the property’s common area emissions by 13%
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DEALS + STARTS
Koontz Corp. plans gated apartments in San Antonio
The developer has purchased a 9.66-acre site in Far North San Antonio for The Elle, a 305-unit property set to open in 2027.
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New Funds
Vistria raises more than $2.5B for affordable housing
The firm has already acquired 7,000-plus units with the fund, which launched in March 2023.
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CMBS delinquencies soar
The March rate is the highest since December 2015, according to Trepp.
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Washington attorney general sues RealPage, 9 landlords
The lawsuit claims that the defendants violated the Consumer Protection Act with their use of revenue management software.
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San Francisco property goes into receivership
The $980 million portion of the $1.5 billion senior loan backing Parkmerced went delinquent in March, along with its $275 million mezzanine loan.
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NMHC Top 50
Greystar, Summit lead NMHC’s developer and builder lists
While these industry stalwarts remain at the top of the association’s newest rankings, a Dallas firm has rocketed up the charts.
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More Baltimore conversions face foreclosure
An LLC controlled by Philadelphia-based PMC Property Group has defaulted on a $16.4 million loan, while an entity controlled by Chasen Cos. declared bankruptcy on a second building.
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HUD reinstates Enterprise’s $40M Section 4 contract
The department had previously canceled several long-standing capacity building grants for local housing organizations.
Updated April 10, 2025 -
NMHC Top 50
Greystar approaches 1M apartments under management
The firm’s ownership growth occurred organically, while the absorption of Atlanta-based owner and developer Wood Partners’ units fueled its operational expansion.
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PROJECT SPOTLIGHT
Shorewood to begin leasing at former brewery site in NJ
The Ballantine will feature branding and design aesthetics inspired by Newark’s Ironbound neighborhood and its history.
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DEALS + STARTS
$501M portfolio deal pushes Morgan past 100,000 units
The Pennsylvania-based firm acquired 3,054 apartments from Trilogy Real Estate Group across eight Midwestern states.
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Denver tenants awarded $13.5M in class action lawsuit
The case argued that the owners and operator of the Mint Urban Infinity Apartments had violated the state’s warranty of habitability law.
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2 Houston properties face issues
One asset’s value declined 56% after damage from a windstorm and Hurricane Beryl.
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Despite economic uncertainty, multifamily performance remains strong
Rents are on the rise with the start of the spring leasing season, up 0.4% in the first quarter of this year, according to Yardi Matrix.