Capital

  • Home Foreclosure Sign
    Image attribution tooltip
    tntemerson via Getty Images
    Image attribution tooltip

    CMBS delinquencies soar

    The March rate is the highest since December 2015, according to Trepp.

    By • April 14, 2025
  • An apartment building.
    Image attribution tooltip
    agil73/iStock/Getty Images Plus via Getty Images
    Image attribution tooltip
    New Funds

    Vistria raises more than $2.5B for affordable housing

    The firm has already acquired 7,000-plus units with the fund, which launched in March 2023.

    By • April 14, 2025
  • Aerial view of skyscraper buildings in San Francisco financial district during dusk
    Image attribution tooltip
    simonkr via Getty Images
    Image attribution tooltip

    San Francisco property goes into receivership

    The $980 million portion of the $1.5 billion senior loan backing Parkmerced went delinquent in March, along with its $275 million mezzanine loan.

    By • April 11, 2025
  • Mid-rise building with a warehouse exterior on the first two floors and modern glass above.
    Image attribution tooltip
    Permission granted by Atlantic Auctions
    Image attribution tooltip

    More Baltimore conversions face foreclosure

    An LLC controlled by Philadelphia-based PMC Property Group has defaulted on a $16.4 million loan, while an entity controlled by Chasen Cos. declared bankruptcy on a second building.

    By • April 10, 2025
  • Brown multi-colored apartment with street in the foreground.
    Image attribution tooltip
    Permission granted by Costea Photography
    Image attribution tooltip
    NMHC Top 50

    Greystar approaches 1M apartments under management

    The firm’s ownership growth occurred organically, while the absorption of Atlanta-based owner and developer Wood Partners’ units fueled its operational expansion.

    By • April 9, 2025
  • Corner of mid-rise brick apartment with street in the foreground.
    Image attribution tooltip
    Courtesy of Morgan Properties
    Image attribution tooltip
    DEALS + STARTS

    $501M portfolio deal pushes Morgan past 100,000 units

    The Pennsylvania-based firm acquired 3,054 apartments from Trilogy Real Estate Group across eight Midwestern states.

    By • April 8, 2025
  • An aerial view of the downtown skyline and surrounding metropolitan area of Houston.
    Image attribution tooltip
    Art Wager via Getty Images
    Image attribution tooltip

    2 Houston properties face issues

    One asset’s value declined 56% after damage from a windstorm and Hurricane Beryl.

    By • April 7, 2025
  • Aerial picture of wood0frames apartments under construction.
    Image attribution tooltip
    Bilanol via Getty Images
    Image attribution tooltip

    REITs ready to ramp up development despite tariff risks

    Although the Trump administration’s policies are creating uncertainty, many of multifamily’s biggest public companies see an opportunity to start construction.

    By • April 4, 2025
  • Grass and shrubbery between two rows of older brown apartments
    Image attribution tooltip
    Permission granted by Sunstone Two Tree
    Image attribution tooltip
    DEALS + STARTS

    Sunstone Two Tree enters San Diego

    The California-based firm bought Terraza Hills, a property built in 1976 and still in its original condition, for $45 million.

    By • April 2, 2025
  • Aerial shot of tall, glass apartment building next to busy highway.
    Image attribution tooltip
    Permission granted by McCourt Partners
    Image attribution tooltip
    Q&A

    McCourt’s ‘supercharged’ real estate efforts pay off

    Frank McCourt and his company may have sold the Dodgers, but the firm still has high hopes for Los Angeles.

    By • April 1, 2025
  • Three-story brick and tan apartment building with grass in the foreground
    Image attribution tooltip
    Permission granted by Fogelman Properties
    Image attribution tooltip
    DEALS + STARTS

    Fogelman grabs Houston-area property

    The Memphis-based firm acquired Advenir at Eagle Creek in Humble, Texas, and rebranded the asset as The Fenwick.

    By • March 31, 2025
  • Brick apartment property with trees in foreground.
    Image attribution tooltip
    Courtesy of PR Newswire
    Image attribution tooltip
    New Funds

    The Bascom Group launches fund targeting $500M in acquisitions

    The new Rule 506(c) fund is geared toward value-add and distressed apartment acquisitions.

    By • March 28, 2025
  • Older brick mid-rise apartment in urban setting
    Image attribution tooltip
    LeoPatrizi via Getty Images
    Image attribution tooltip

    Apartment sales increase 7% to $7.5B

    Cap rates rose 20 basis points compared to February 2024, averaging 5.6% for the month.

    By • March 27, 2025
  • A rendering of a mid-rise apartment building.
    Image attribution tooltip
    Permission granted by Baron Property Group
    Image attribution tooltip

    Deals + Starts: March 2025

    Firms including Hamilton Zanze, RangeWater and Cordish Cos. made news in recent months.

    By Multifamily Dive Staff • March 27, 2025
  • A brick apartment building.
    Image attribution tooltip

    Google Maps

    Image attribution tooltip

    Canton, Ohio, sues developer for $6M over unpaid loan

    The city alleges that Historic Hercules LLC and its associated developers have not made payments on a $2 million loan in six years.

    By • March 26, 2025
  • A pool deck at an apartment building.
    Image attribution tooltip
    Permission granted by The Bainbridge Cos.
    Image attribution tooltip

    Why Bainbridge decided to launch its first fund

    The firm expects to raise $250 million to acquire 1990s and newer apartments at discounts to replacement cost in the Sun Belt and mid-Atlantic markets.

    By • March 25, 2025
  • piece of paper saying insurance policy
    Image attribution tooltip
    Mohamad Faizal Bin Ramli via Getty Images
    Image attribution tooltip

    New survey highlights insurance challenges for areas beyond the coasts

    The Federal Reserve Bank of Minneapolis report shows that premiums rose 45% from 2023 to 2024 for apartment owners in the Upper Midwest.

    By • March 25, 2025
  • Brick apartment property
    Image attribution tooltip
    Permission granted by Clear Investment Group
    Image attribution tooltip
    New Funds

    Clear targets $300M for affordable housing

    The Chicago firm wants to acquire distressed workforce housing in secondary and tertiary markets around the country.

    By • March 24, 2025
  • white apartments with tress and gravel in the foreground
    Image attribution tooltip
    Retrieved from Avanti Residetial.
    Image attribution tooltip

    Avanti adds development arm

    The Denver-based firm is bringing in D.R. Horton and Wood Partners vet Kyle Henderson to head up the new venture.

    By • March 21, 2025
  • Horizontal shot of a wood-framed apartment complex under construction.
    Image attribution tooltip
    WendellandCarolyn via Getty Images
    Image attribution tooltip

    Apartment completions fall

    Multifamily starts rose month over month in February, while single-family hit a 12-month high.

    By • March 21, 2025
  • Three-story apartment building with grass and trees in the foreground.
    Image attribution tooltip
    Permission granted by RangeWater Real Estate
    Image attribution tooltip
    DEALS + STARTS

    RangeWater acquires DFW property

    In a challenging environment for transactions, the firm found an off-market property to add to its Texas portfolio.

    By • March 18, 2025
  • Photo looking up at a high rise building
    Image attribution tooltip
    Retrieved from Screenshot: Google Maps.
    Image attribution tooltip

    Chasen’s Baltimore conversion hits the market

    The developer planned to turn the historic One Calvert Plaza into apartments before facing financial difficulties.

    By • March 17, 2025
  • Three-story brick apartments with a pool in the foreground.
    Image attribution tooltip
    Permission granted by RR Living
    Image attribution tooltip
    Q&A

    How Melanie French turns around distressed properties

    The CEO of Dallas-based property management firm RR Living puts additional resources into troubled assets to boost their occupancy.

    By • March 13, 2025
  • Paper foreclosure notice taped to the glass front door of a home
    Image attribution tooltip
    Jeremy Poland via Getty Images
    Image attribution tooltip

    Multifamily distress rises slightly in February

    CMBS delinquencies for apartments dropped during the month as the overall picture for CRE improved.

    By • March 12, 2025
  • Pool surrounded by older apartment building
    Image attribution tooltip
    Permission granted by Neighborhood Ventures
    Image attribution tooltip
    DEALS + STARTS

    Neighborhood Ventures makes 2 distressed acquisitions

    The crowdfunding firm bought the properties in its hometown of Phoenix.

    By • March 12, 2025