Capital: Page 12

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    Karin Higgins/UC Davis

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    7 student housing properties opening for the new school year

    Deliveries are on the rise this year, up almost 10,000 beds from fall 2022, according to data from RealPage.

    By • Aug. 24, 2023
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    Permission granted by Waterton
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    Waterton returns to Portland, Oregon

    After reentering Seattle earlier this year, the owner picked up a 177-unit property in another Pacific Northwest metro.

    By • Aug. 23, 2023
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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
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    unkas_photo via Getty Images
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    Permits for 5-plus units plummet 32%

    While multifamily developers started roughly the same number of projects a year ago, completions fell 23%.

    By • Aug. 22, 2023
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    kevinjeon00 via Getty Images
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    REIT Report

    Delinquent renters drive expenses 8.5% higher for Camden

    Despite evictions and skips, low move-outs to homeownership limit turnover damage for the Houston-based REIT.

    By • Aug. 21, 2023
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    designer491 via Getty Images
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    Trepp: Multifamily CMBS delinquencies rise, but properties in servicing decline

    Though the percentage of apartment communities facing financial challenges has risen over the past year, executives still aren’t seeing a lot of distressed sales.

    By • Aug. 17, 2023
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    Permission granted by Fisk University
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    Nashville college opens shipping container dorm

    The $4 million project at Fisk University will help house students while a new residence hall is under construction.

    By • Updated Aug. 23, 2023
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    Pgiam via Getty Images
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    REIT Report

    Revenue growth boosts AvalonBay

    As market conditions slow, the Virginia-based REIT sees an opportunity to pick up land in its expansion metros.

    By • Aug. 16, 2023
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    Courtesy of Toll Brothers Apartment Living
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    DEALS + STARTS

    Toll Brothers breaks ground on opportunity zone project in Phoenix

    Henri will be located next to the Roosevelt Row arts and culture district.

    By • Aug. 16, 2023
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    Permission granted by Eastwind Development
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    Q&A

    How Eastwind is navigating Florida’s difficult development market

    New legislation combined with interest rate hikes and rising material costs make penciling out new deals difficult, Florida developer says.

    By • Aug. 15, 2023
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    Arturo Rosenow via Getty Images
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    Opinion

    Despite a sobering Q2, the future looks bright for owners, developers

    As the second half of the year gets underway, the multifamily sector will remain strong despite several sizable headwinds, writes fund management expert Marshall Boyd.

    By Marshall Boyd • Aug. 15, 2023
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    Simon Carter via Getty Images
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    REIT Report

    Essex raises rent guidance as tech layoff fears subside

    The REIT saw sluggishness in Seattle while Southern California thrived. 

    By • Aug. 14, 2023
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    Permission granted by Pacific Urban Investors
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    DEALS + STARTS

    Pacific Urban makes 21st San Diego deal, continues to see growth opportunities

    The apartment owner’s internal research led it to a property in the city’s La Jolla submarket.

    By • Aug. 11, 2023
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    Permission granted by BH Properties
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    Q&A

    Los Angeles owner launches $1B initiative to buy affordable housing

    BH Properties brought in Bill Stoll from Steadfast Cos. to help find new properties that have completed their 15-year compliance period.

    By • Aug. 10, 2023
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    lucadp via Getty Images
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    REIT Report

    EQR reports supply pressure in some cities, strong results in others

    Though the Chicago-based REIT made a couple of purchases in Q2, it sees a slow transaction market overall.

    By • Aug. 9, 2023
  • A seven-story mixed-use brown and white apartment building.
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    Permission granted by Subtext
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    Q&A

    Bringing in contractors from other cities helps St. Louis developer continue to build

    Subtext is slated to close on 1,000 units by relying on existing lender relationships.

    By • Aug. 8, 2023
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    franckreporter via Getty Images
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    REIT Report

    Coastal markets show strength in UDR’s busy Q2

    As more than 20% of its sites use staff-less technology, the REIT continues to focus on customer experience.

    By • Aug. 7, 2023
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    Permission granted by Trilogy Real Estate Group
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    Trilogy buys ZOM development during construction for nearly $86M

    The Azalea Apartments are in an Opportunity Zone 15 minutes east of Tampa’s downtown.

    By • Aug. 3, 2023
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    Permission granted by Alexander Development Group
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    Q&A

    How the largest market-rate multifamily Passive house high-rise got built

    Alexander Development Group overcame legal challenges and COVID-19 to build 42 Broad in five years.

    By • Aug. 3, 2023
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    lucky-photographer via Getty Images
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    REIT Report

    MAA begins to see expense relief

    A new law in Texas should offer property tax savings, but new supply remains a concern in some areas.

    By • Aug. 2, 2023
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    Permission granted by Northland
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    DEALS + STARTS

    Northland makes ninth acquisition in Georgia since entering the state in 2020

    The company assumed existing financing on Glenwood at Grant Park.

    By • Aug. 1, 2023
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    Nastassia Samal via Getty Images
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    RMR Group to acquire Carroll for $80M

    With the all-cash purchase, asset manager RMR enters the only major commercial real estate sector in which it did not already have a significant presence.

    By , • July 31, 2023
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    JARAMA via Getty Images
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    Apartment starts fall 11.2% YOY

    Permits fell 33%, while completions of five or more units also declined in June.

    By • July 28, 2023
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    Douglas Rissing via Getty Images
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    Rate hike will put pressure on some multifamily assets

    Policymakers chose to raise interest rates to a range between 5.25% to 5.5% — the highest since 2001.

    By • July 27, 2023
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    iStock/Getty via Getty Images
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    The apartment industry battles insurance price hikes

    As costs jump 100% or more in some states, multifamily leaders look for solutions. 

    By Multifamily Dive Staff • July 26, 2023
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    Permission granted by The RADCO Cos.
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    Q&A

    RADCO exec discusses plan to reach 25,000 units

    Centralization and AI will play key roles as the Atlanta-based company looks to grow through acquisitions, says Chris Simon.

    By • July 25, 2023