Page 3

  • Three-level apartment building with cars and parking lot in the foreground.
    Image attribution tooltip
    Permission granted by Blue Field Capital
    Image attribution tooltip
    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.

  • A rendering of an apartment building.
    Image attribution tooltip
    Permission granted by Gensler
    Image attribution tooltip
    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.

  • A collapsed tower crane lays across a dark road
    Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip

    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.

  • A brick building with a blue and white spire.
    Image attribution tooltip
    gregobagel via Getty Images
    Image attribution tooltip

    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.

  • Business man, woman and paperwork
    Image attribution tooltip
    shapecharge via Getty Images
    Image attribution tooltip
    Deep Dive

    Assistant managers move off-site amid centralization push

    Apartment operators see many advantages to moving bookkeeping and collections functions to remote locations.

  • A rendering of a low brick building with a sign that says "240 Broadway".
    Image attribution tooltip
    Courtesy of New York City Housing Authority
    Image attribution tooltip

    The largest multifamily starts of August 2024

    Major projects include an affordable renovation in New York City and a racetrack redevelopment in Michigan.

  • Corner view of tan and brick townhome community.
    Image attribution tooltip
    Permission granted by JRK Holdings
    Image attribution tooltip

    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.

  • white apartment building with art on the walls
    Image attribution tooltip
    Permission granted by GPI Companies
    Image attribution tooltip
    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.

  • The evening sun is reflected in the modern apartment building with balconies.
    Image attribution tooltip
    deepblue4you via Getty Images
    Image attribution tooltip

    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.

  • A rendering of a college campus with two low-rise housing buildings on either side.
    Image attribution tooltip
    Permission granted by Greystar
    Image attribution tooltip
    DEALS + STARTS

    Greystar joins forces with Merrimack College on 540 student housing beds

    The public-private partnership aims to expand the Massachusetts college’s ability to house students on campus.

  • A low-rise apartment building.
    Image attribution tooltip
    Permission granted by Roundhouse
    Image attribution tooltip
    Q&A

    Roundhouse bullish on continued growth after 1,500-unit expansion

    The Boise, Idaho, developer has made $300 million in acquisitions and $150 million in new groundbreakings this year.

  • An entryway to an apartment building with a Lofts at Twenty25 sign above.
    Image attribution tooltip
    Retrieved from Apartments.com.
    Image attribution tooltip

    Harbor Group reportedly assumes ownership of troubled 623-unit Atlanta property

    The Lofts at Twenty25 suffered from low occupancy after a massive renovation, according to Bisnow. 

  • A pool surrounded by palm tress and apartments
    Image attribution tooltip
    Courtesy of The Dermot Company
    Image attribution tooltip
    DEALS + STARTS

    The Dermot Co. grabs unique opportunity in Florida

    The New York City-based firm recently purchased a 350-unit property in Wellington for a reported $144 million.

  • The California Capitol building.
    Image attribution tooltip
    Wallentine via Getty Images
    Image attribution tooltip

    New California laws tighten renter protections

    The legislation includes new requirements for security deposit deductions and restrictions on certain fees.

  • White mid-rise apartment with pool in the foreground
    Image attribution tooltip
    Permission granted by Cortland
    Image attribution tooltip
    Q&A

    Cortland’s director of investments on Declaration Partners Real Estate deal

    Jason Kern explains how his company will be able to use its existing platform to offer preferred debt in partnership with the David Rubenstein-backed investment firm.

  • A low-rise brick building.
    Image attribution tooltip
    Permission granted by WinnCompanies
    Image attribution tooltip
    PROJECT SPOTLIGHT

    WinnCompanies opens all-electric property at former Massachusetts mill

    The $39 million redevelopment is expected to use 46% less energy and emit 33% fewer greenhouse gases than a traditional structure.

  • White towers with a river in the foreground.
    Image attribution tooltip
    The image by Ken Lunch is licensed under CC BY-SA 2.0
    Image attribution tooltip

    Loan for once-iconic Detroit tower goes delinquent

    Riverfront Towers, once home to Rosa Parks and Aretha Franklin, was plagued by flooding, insurance costs and evictions.

  • A professional headshot of Katie Kurtz.
    Image attribution tooltip
    Permission granted by Denholtz Properties
    Image attribution tooltip
    EXECUTIVE MOVES

    Denholtz Properties names Katie Kurtz as new CEO

    Kurtz was previously the CFO at New York City-based Silverstein Properties.

  • A rendering of two modern apartment buildings in Las Vegas
    Image attribution tooltip
    Permission granted by Southern Land Co.
    Image attribution tooltip

    Apartment tower rises in downtown Las Vegas

    T.B. Penick & Sons topped off Sin City’s first all-for-rent apartment tower this month.

  • Modern apartment building on sunny day.
    Image attribution tooltip
    Elena Alex photo via Getty Images
    Image attribution tooltip

    MSCI: Multifamily prices rise for the first time since July 2022

    Sales volume dropped 9% YOY to $9.9 billion in August.

  • Close up of the bottom two floors of a white brick apartment building.
    Image attribution tooltip
    Permission granted by Walker & Dunlop
    Image attribution tooltip

    Deals + Starts: September 2024

    Firms including Timberlane Partners and LRE Management made news in recent months.

  • White, two-story apartments with tree and grass in the foreground
    Image attribution tooltip
    Retrieved from RentCafe.
    Image attribution tooltip

    7-property portfolio heads to servicing amid insurance troubles

    Wisconsin-based Trinity Flood was the sponsor of the properties in Illinois, Georgia and Arizona.

  • A kitchen with a white waterfall countertop island.
    Image attribution tooltip
    Permission granted by LX Hausys America
    Image attribution tooltip
    PRODUCTS

    September 2024 roundup: New multifamily products

    Extra-large surfaces and innovations in EV charging are in the spotlight this month.

  • noncompete agreement ban
    Image attribution tooltip
    mphillips007 via Getty Images
    Image attribution tooltip

    Invitation Homes settles 3-year FTC investigation for $48M

    The Dallas-based rental home provider is accused of charging junk fees, deceptive pricing, inspection issues and unfair eviction practices.

  • AvalonBay Communities, Kanso Twinbrook
    Image attribution tooltip
    Permission granted by AvalonBay Communities
    Image attribution tooltip
    Q&A

    Inside AvalonBay’s centralization initiatives

    Under the REIT’s neighborhood model, services can be shared for up to 1,500 units.