Capital

  • A glass building with a sign reading "Fannie Mae."
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    Courtesy of Fannie Mae
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    FHFA announces higher caps for Freddie, Fannie

    The announcement comes as questions surround the future of GSEs under the incoming Trump administration.

    By • Nov. 21, 2024
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    franckreporter via Getty Images
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    REIT Report

    Camden reduces revenue guidance

    New supply and the removal of non-paying tenants were headwinds for the Houston-based REIT in the third quarter.

    By • Nov. 20, 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
  • Home Foreclosure Sign
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    tntemerson via Getty Images
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    Multifamily inches down to $14.2B in distress

    Despite a staggering amount of troubled properties, a number of reports point to an improving landscape.

    By • Nov. 19, 2024
  • Close-up on a woman monitoring all the rooms in her house with a home security system using a digital tablet.
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    Hispanolistic via Getty Images
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    How centralization is shaping the apartment industry

    Changes in maintenance, administration and staffing are in the works as management firms move jobs off-site.

    By • Nov. 15, 2024
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    Permission granted by Lakeland Capital
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    Lakeland goes off-market to buy Massachusetts property

    The firm secured 135 Main Street through a previous relationship and plans value-add upgrades at the asset.

    By • Nov. 15, 2024
  • Tan and brick apartment building with a pool in the foreground.
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    Permission granted by Archway Equities
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    DEALS + STARTS

    Archway grabs deal for 30% discount in Dallas

    The California-based firm plans exterior and amenity upgrades at the Coronado Apartment Homes.

    By • Nov. 14, 2024
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    Permission granted by Harrison Street
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    Harrison Street sells student portfolio for $893M

    The Scion Group and a major institutional investor bought the 14 communities totaling 8,724 beds.

    By • Nov. 13, 2024
  • Two vehicles travel down a flooded roadway in Punta Gorda, Florida.
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    Joe Raedle via Getty Images
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    Insurance costs soften but higher premiums are on the horizon

    Costs have moderated after huge jumps in previous years, according to multifamily executives and insurance experts.

    By • Nov. 13, 2024
  • A man walks by the New York Stock Exchange (NYSE) in New York City.
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    Spencer Platt via Getty Images
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    REIT Report

    MAA: Deliveries peaked in Q3

    The Memphis-based REIT saw new apartment openings taper off in its markets.

    By • Nov. 11, 2024
  • Brick and tan apartments
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    Permission granted by Standard Communities
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    Standard Communities acquires $1B portfolio

    The firm plans to invest over $30 million in capital improvements and deferred maintenance across the 6,000 units in more than 60 communities.

    By • Nov. 8, 2024
  • The words Federal Reserve engraved in a marble building with an eagle above.
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    Douglas Rissing via Getty Images
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    Fed cuts rates by 25 bps

    Treasuries jumped after the September rate reduction and again since the presidential election was called.

    By • Nov. 7, 2024
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    lucky-photographer via Getty Images
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    REIT Report

    Essex sees strength in Seattle

    The California-based REIT’s same-store revenue growth helped it beat guidance in Q3.

    By • Nov. 7, 2024
  • Silicon Valley as viewed from Hunter's Point in Fremont Older Open Space Preserve. The cities of San Jose, Santa Clara, Sunnyvale, and Cupertino are visible.
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    Bill-Dally via Getty Images
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    West Coast cap rates fall

    Demand for well-located properties is rising, but inventory remains low.

    By • Nov. 4, 2024
  • The United States, Capitol Dome background in retro style
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    YayaErnst via Getty Images
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    Senators question KKR’s acquisition of 5,200 units

    The lawmakers, including Sen. Elizabeth Warren, scrutinized the deal’s potential to “exacerbate rising rent costs in regions across the United States.”

    By • Nov. 1, 2024
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    alfexe via Getty Images
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    PGIM, Citymark enter JV to buy debt

    The firms will target both performing and non-performing loans.

    By • Oct. 31, 2024
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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
  • 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
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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