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  • Three-story, light-colored garden-style apartments surrounded by trees and grass
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    Permission granted by LRE Management
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    DEALS + STARTS

    New York-based firm makes $102M bet on Atlanta through new fund

    LRE Management also added PGA golfer Patrick Cantlay as a member of its advisory board.

  • A three-story beige building surrounded by green grass.
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    Google Maps

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    Owners of more than 8,000 units sue NJ town over new fees

    Among other requirements, landlords in Edison must pay $100 per unit per year.

  • A person holds a smoking joint.
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    Tunatura via Getty Images
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    Minnesota bans pot smoking, vaping in multifamily properties

    The restriction, which went into effect this summer, does not apply to approved medical use.

  • Two-story apartment building surrounded by grass and trees.
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    Permission granted by Gindi Equities
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    DEALS + STARTS

    Gindi Equities makes $13.5M sale in North Carolina

    The New York City firm originally bought the Cedar Ridge Apartments in 2021.

  • Row houses with skyscrapers in the background
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    peeterv via Getty Images
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    Lynd assigned an 11,000-unit portfolio

    The original owners purchased the 50 properties as a value-add play but ran into problems when interest rates rose and costs increased.

  • A one-story building with a taller building behind it.
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    Permission granted by Mast Capital
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    PROJECT SPOTLIGHT

    New Mast Capital Florida property caters to nearby healthcare workers

    The Harlow is located next to a new $250 million hospital in Wesley Chapel, Florida.

  • Freddie Mac's headquarters' signage
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    Chip Somodevilla via Getty Images
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    Freddie Mac names new CEO

    Diana Reid brings more than four decades of banking, real estate, capital markets and affordable housing experience to the company.

  • Illinois state capitol building in Springfield
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    tacojim via Getty Images
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    Illinois property managers barred from retaliation

    The Landlord Retaliation Act, which prohibits rent increases or evictions in response to a tenant complaint, puts landlords in a defensive position, an industry official said.

  • Brown residential buildings with blue sky
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    Arturo Rosenow via Getty Images
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    Trepp: Delinquency, servicing rates hit highs not seen in years

    Distressed CMBS loans increased across commercial real estate last month, but apartment issues stood out.

  • The Federal Reserve building at sunset.
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    Douglas Rissing via Getty Images
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    Rents remain flat ahead of potential rate cut this month

    The national average rent has fallen by $1, ending six months of gains, while YOY rent growth holds steady at 0.8%.

  • Wooden brown judge gavel on the table, copy space, banner background.
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    nathaphat via Getty Images
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    RealPage allows customers nationwide to remove nonpublic data

    The DOJ’s recent suit against the firm could be a warning to companies to look closely at what data is being provided, who has access to it and how it is being used, according to a lawyer.

  • Apartment building under construction surrounded by high rises.
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    Joe Raedle via Getty Images
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    Multifamily permitting drops in urban areas

    Higher interest rates and supply chain concerns have taken a toll on apartments, according to the NAHB.

  • A glass building with a sign reading "Fannie Mae."
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    Courtesy of Fannie Mae
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    Fannie, Freddie announce tenant protection plans for housing portfolios

    The GSEs’ borrowers must provide advance notices of rent increases and lease expirations, among other requirements.

  • Outdoor lounge area in new apartment property.
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    Permission granted by Pratum Companies
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    Q&A

    Pratum CEO explains why he wants to acquire more properties

    Shah Alam thinks ownership will complement the existing services his management firm offers.

  • Corner view of mid-rise apartment property
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    Permission granted by QuadReal Property Grou
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    DEALS + STARTS

    Canadian firm buys 4 properties from Lennar’s Quarterra

    QuadReal Property Group picked up 1,400 units total in Colorado, North Carolina, Arizona and Maryland.

  • A set of garden-style apartment buildings.
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    Google Maps

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    Houston tenant seeks $1M after unit ceiling collapses

    A lawsuit filed against the property owner, Commerce Capital Partners, alleges negligence.

  • Call center agents handle customer service at desks
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    Jacob Wackerhausen via Getty Images
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    Centralization tips from the REITs

    With shared services spread among multiple communities, public companies like EQR, UDR and AvalonBay are leading the way.

  • City skyline and waterfront
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    Art Wager via Getty Images
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    Opportunities abound in California despite challenges for developers

    Amid hurdles posed by regulatory complexities and shifting market dynamics, many firms remain bullish about the Golden State’s multifamily outlook.

  • A rendering of a tall glass building at night.
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    Permission granted by Kolter Urban
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    The largest multifamily starts of July 2024

    Nashville, Tennessee; Buffalo, New York; and Tampa, Florida, have seen the launch of new projects valued at over $250 million each.

  • A white room with tables and chairs.
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    Permission granted by Vero Sade
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    PROJECT SPOTLIGHT

    New Houston developer debuts first ground-up projects in San Antonio

    Vero Sade intends to expand its reach across the Sun Belt.

  • A park between two apartment buildings, with a farmers' market at the near end.
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    Hunter Pasteur Homes

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    Deals + Starts: Summer 2024

    Firms including Mill Creek, Greystar and Kushner made news in recent months.

  • Two people carry equipment into a building on a busy city sidewalk.
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    Michael M. Santiago via Getty Images
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    Q&A

    Will New York City make landlords provide air conditioning?

    Coordinating any such mandate with the city's building decarbonization law requirements could reduce the burden it might create for building owners, climate chief Rohit Aggarwala explained.

  • Aerial view of multiple apartment buildings around water
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    Permission granted by Sinatra & Co.,
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    DEALS + STARTS

    Sinatra makes $64M Florida buy

    The Cocoa Grand is the Western New York firm’s fifth purchase in the Sunshine State.

  • A lounge room with a large wooden wall behind a tree.
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    Courtesy of Wilsonart
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    August 2024 roundup: New multifamily products

    Innovative surfaces and smart access control are among this month’s offerings.

  • Wooden brown judge gavel on the table, copy space, banner background.
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    nathaphat via Getty Images
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    RealPage lawyer says nonpublic information leads to lower rents

    On a call with reporters Monday, a company attorney said it aggregates and anonymizes data used in its pricing recommendations.