Capital

  • The Sydney, Australia, skyline.
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    Mlenny via Getty Images
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    DEALS + STARTS

    Greystar reportedly in talks to buy $1.1B Australian student housing portfolio

    If finalized, the transaction would include seven properties with a total of 5,662 beds across five cities.

    By • Oct. 29, 2024
  • Tan and brown brick apartment building with balconies
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    elxeneize via Getty Images
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    MSCI: Apartment sales volume increases for second consecutive quarter

    Prices fell 6.3% year over year in Q3, but the pace of decline is moderating.

    By • Oct. 28, 2024
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    Arturo Rosenow via Getty Images
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    Trendline

    Top 5 stories from Multifamily Dive

    A roundup of some of Multifamily Dive’s top stories of 2024.

    By Multifamily Dive staff
  • Tan three-story apartments with palm tree in the foreground
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    Permission granted by Lion Real Estate Group
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    DEALS + STARTS

    Lion Real Estate Group nabs off-market deal in Houston

    The investment firm saw an opportunity to secure a 25-year-old property at a good yield.

    By • Oct. 25, 2024
  • Aerial view of multi-colored apartment property
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    Permission granted by Resia
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    Resia sells, retains management of Florida property

    Kayne Anderson Real Estate bought Resia Old Cutler from the Miami-based firm using Fannie Mae debt.

    By • Oct. 24, 2024
  • Building with street and cars in the foreground
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    The image by Lomofan77 is licensed under CC BY-SA 4.0
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    Historic Philadelphia building goes into servicing

    The Brush Factory Lofts, which sits in a neighborhood where rents are falling, saw its loan hit 90 days’ delinquent in August.

    By • Oct. 23, 2024
  • An apartment building under construction.
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    CHUNYIP WONG via Getty Images
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    Apartment completions jump 42% YOY

    September apartment starts fell 15% from a year ago, while units under construction dropped 17%.

    By • Oct. 21, 2024
  • White, high-rise apartment with palm trees and cars in the foreground.
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    Permission granted by The Astor Companies
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    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.

    By • Oct. 21, 2024
  • New, multi-colored, four-story apartment property, with a street in the foreground.
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    Permission granted by Forum Investment Group
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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.

    By • Oct. 16, 2024
  • Photo looking up at a high rise building
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    Retrieved from Screenshot: Google Maps.
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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.

    By • Oct. 15, 2024
  • Brick, garden-style apartments
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    Permission granted by Eastham Capital
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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.

    By • Oct. 11, 2024
  • Three-level apartment building with cars and parking lot in the foreground.
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    Permission granted by Blue Field Capital
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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.

    By • Oct. 10, 2024
  • Photo looking up at a high rise building
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    Retrieved from Screenshot: Google Maps.
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    Bank forecloses on Chasen’s office conversion in Baltimore

    The developer planned to turn the historic One Calvert Plaza into 173 apartments.

    By • Oct. 9, 2024
  • white apartment building with art on the walls
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    Permission granted by GPI Companies
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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.

    By • Oct. 7, 2024
  • Corner view of tan and brick townhome community.
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    Permission granted by JRK Holdings
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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.

    By • Oct. 7, 2024
  • The evening sun is reflected in the modern apartment building with balconies.
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    deepblue4you via Getty Images
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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.

    By • Oct. 4, 2024
  • An entryway to an apartment building with a Lofts at Twenty25 sign above.
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    Retrieved from Apartments.com.
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    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. 

    By • Oct. 3, 2024
  • A pool surrounded by palm tress and apartments
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    Courtesy of The Dermot Company
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    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.

    By • Oct. 2, 2024
  • White mid-rise apartment with pool in the foreground
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    Permission granted by Cortland
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    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.

    By • Oct. 1, 2024
  • White towers with a river in the foreground.
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    The image by Ken Lunch is licensed under CC BY-SA 2.0
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    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.

    By • Sept. 30, 2024
  • Modern apartment building on sunny day.
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    Elena Alex photo via Getty Images
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    MSCI: Multifamily prices rise for the first time since July 2022

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

    By • Sept. 26, 2024
  • White, two-story apartments with tree and grass in the foreground
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    Retrieved from RentCafe.
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    7-property portfolio heads to servicing amid insurance troubles

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

    By • Sept. 25, 2024
  • Construction framing of wood building.
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    ribeirorocha via Getty Images
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    NAHB: Apartment completion time flat in 2023

    The construction cycle rose 3.5 days in 2023 after jumping 2.3 months in 2022.

    By • Sept. 23, 2024
  • Close up of the bottom two floors of a white brick apartment building.
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    Permission granted by Walker & Dunlop
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    DEALS + STARTS

    Timberlane Partners pays $40.5M for Denver deal

    The Seattle-based firm faced competition to secure the property, where it plans a light renovation.

    By • Sept. 20, 2024
  • City development.
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    ictor via Getty Images
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    Apartment starts drop 6% YOY

    In a sign that supply is burning off, completions in August jumped 80%, while projects under construction fell 15%.

    By • Sept. 19, 2024
  • Seal of the Board of Governors of the United States Federal Reserve System.
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    LD via Getty Images
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    Fed cuts rates, but is more needed?

    Apartment industry leaders say the central bank’s action had already been baked into the 10-year Treasury.

    By • Sept. 18, 2024