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 next year.
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Tracker
Problem loans: Tracking the biggest multifamily delinquencies
Recent distressed transactions occurred in Baltimore and Detroit.
Updated Oct. 17, 2024 -
Core Spaces on track to more than double its student portfolio
The Chicago developer has a pipeline of over 43,000 beds, with 4,551 delivered so far this year.
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Apartment completions jump 42% YOY
September apartment starts fell 15% from a year ago, while units under construction dropped 17%.
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PROJECT SPOTLIGHT
Urby adds to Jersey City’s growth spurt in Journal Square with 25-story tower
The 317-unit Journal Square Urby is the developer’s second project in the city, now open for leasing and move-ins.
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13 multifamily-related ballot measures to watch in November
While California’s Proposition 33 has attracted national headlines, other jurisdictions also have initiatives that could impact apartment owners and operators.
Updated Oct. 21, 2024 -
Q&A
The challenges of building workforce housing
Astor Cos. CEO Henry Torres is using the Live Local Act to add attainable rentals to his portfolio of luxury properties.
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San Francisco’s revenue management ban takes effect
Similar laws are under consideration in San Diego and Philadelphia.
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Will customers leave RealPage in light of legal action?
Some users may feel pressure to make a decision about the revenue management product as current litigation works its way through the courts, according to one observer.
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Forum joins the preferred equity club
The apartment owner recently closed a $226 million investment vehicle specializing in multifamily private credit.
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Bank reportedly forecloses on Chasen’s office conversion in Baltimore
The developer planned to turn the historic One Calvert Plaza into 173 apartments.
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Manager, contractors at Colorado complex sued by over 100 former tenants after explosion
The plaintiffs allege an electrical failure in 2022 led to their displacement and personal property theft.
Updated Oct. 17, 2024 -
Tech suppliers fear RealPage suits will have ‘chilling effect’ on data sharing
Apartment industry vendors say operators are getting skittish about how their information is used.
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Rent growth steps back for the fall
Despite the seasonal drop, things are looking good for the multifamily market following the Fed’s recent interest rate cut, according to Yardi Matrix.
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DEALS + STARTS
Eastham, Mosaic buy 2 Houston properties
The partners were able to acquire Amber Oaks and Park Place by emphasizing their ability to close deals.
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Arkansas Fair Housing Commission files suit after eviction threat against single father
The resident alleges that he was harassed by his landlord due to his familial status.
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Q&A
How tech investors can avoid getting burned by multifamily
Entrepreneur Zain Jaffer says an intense focus on IRR above all else can lead to problems.
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DEALS + STARTS
Campus Apartments, Mosaic partner on $149M grad student housing
The 741-bed development at the University of Maryland is the first part of a three-phase project funded through tax-exempt bonds.
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Crane at St. Petersburg condo site collapses during hurricane
The crane fell from the jobsite of 400 Central, a 46-story tower that will reportedly be the tallest residential building on Florida’s Gulf Coast when complete.
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Maryland becomes latest state to seal eviction records
Any case that does not end in the renter’s removal must be shielded from the public — including tenant screening services — within 60 days.
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Deep Dive
Assistant managers move off-site amid centralization push
Apartment operators see many advantages to moving bookkeeping and collections functions to remote locations.
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The largest multifamily starts of August 2024
Major projects include an affordable renovation in New York City and a racetrack redevelopment in Michigan.
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Inside JRK’s recent buying spree
As buyers have begun to capitulate on price and the credit markets have improved, the Los Angeles–based firm found an opening to buy class A properties.
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DEALS + STARTS
GPI makes acquisition in West Hollywood
The purchase of the Lofts at NoHo Commons is only one recent move from the firm as it ramps up activity in its hometown.
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MSCI: GSE volume declined in first half of 2024
Investor-driven and CMBS lenders posted huge gains in the first six months of the year, as the debt market looks to be more competitive.