Capital: Page 15

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    Q&A

    Centerspace’s new CEO outlines her priorities

    Anne Olson’s first focus will be property operations and centralization.

    By • May 9, 2023
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    -slav- via Getty Images
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    Bank failures make construction loans even more challenging

    The lending environment has grown more treacherous after last year’s interest rate hikes and could dampen new starts by 60%, according to Ric Campo.

    By • May 8, 2023
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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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    Spencer Platt via Getty Images
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    REIT Report

    UDR reports same-store NOI growth of 11.7%

    Executives noted that new supply is forcing concessions in certain Southeastern markets.

    By • May 5, 2023
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    Spencer Platt via Getty Images
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    REIT Report

    3 trends driving MAA’s performance

    The REIT’s portfolio is insulated from new supply, CEO Eric Bolton said on last week’s earnings call.

    By • May 3, 2023
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    Spencer Platt via Getty Images
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    Failed First Republic was San Francisco’s most active apartment lender

    In Q1, the bank financed eight deals, constituting 40% of San Francisco’s volume, according to Colliers.

    By • May 2, 2023
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    Post Road Management adds 1,002 units in Kansas

    After acquiring 11 properties in Wichita, the firm operates over 16,000 units across 13 states.

    By • May 1, 2023
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    Pgiam via Getty Images
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    REIT Report

    Equity Residential’s same-store revenue is better than anticipated

    New York posts 19% growth, but California floods drive up expenses and San Francisco and Seattle struggle with concessions.

    By • April 28, 2023
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    webking via Getty Images
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    MBA: Multifamily mortgage delinquency rates increased in Q1

    The apartment sector still has fewer problem loans than other CRE asset classes.

    By • April 28, 2023
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    Impact Council releases finalized investing guidance

    The Multifamily Impact Framework creates a roadmap for socially motivated private capital to invest in affordable and sustainable rental housing.

    By • Updated Sept. 20, 2023
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    PROJECT SPOTLIGHT

    Arizona build-to-rent breaks ground near new semiconductor plant

    Village at Pleasant River is expected to attract residents who work at the nearby Taiwan Semiconductor Manufacturing Co. facility in Peoria.

    By • Updated May 31, 2023
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    Perawit Boonchu via Getty Images
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    Multifamily prices drop more than other CRE sectors

    Apartment sales volume fell 64% from last year’s record high.

    By • April 24, 2023
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    Douglas Rissing via Getty Images
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    Report: Prepare for a debt ceiling crisis

    J.P. Morgan recommends that owners have a cushion and try to refinance to prepare for potential economic shockwaves over the U.S. debt limit.

    By • April 24, 2023
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    zimmytws via Getty Images
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    Texas foreclosures foreshadow Class C troubles

    The Applesway Investment Group portfolio suffered from neglect and changing market conditions.

    By • April 24, 2023
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    DEALS + STARTS

    Beacon nabs 2 newly completed projects

    The company adds to its portfolio with two projects near Atlanta.

    By • April 19, 2023
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    Michael Warren via Getty Images
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    Oceanfront condo project halted by Daytona Beach officials

    The city expressed concerns about progress and safety issues at Protogroup’s 31-story condominium project, which has been under construction since 2018.

    By • April 18, 2023
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    Natee Meepian via Getty Images
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    CBRE: Apartment going-in cap rate expansion slowing

    Underwriting is beginning to stabilize after three quarters of increases of more than 35 basis points.

    By • April 18, 2023
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    Most firms on NMHC Top 25 Builders list saw increases last year

    Summit topped the ranking, reflecting both the company's growth and an active multifamily cycle, said President Marc Padgett.

    By • April 17, 2023
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    Alliance grabs the country’s top development spot from Greystar

    Only two developers on the NMHC Top 25 saw their starts decrease in 2022.

    By • April 17, 2023
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    deepblue4you via Getty Images
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    Multifamily CMBS delinquencies, servicing transfers continue to rise

    The percentage of loans transferred has nearly doubled over the past year.

    By • April 14, 2023
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    RomanBabakin via Getty Images
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    Boston Financial stays atop NMHC syndicator list

    Though portfolios remain relatively stable, some see a need for more tax credits.

    By • April 13, 2023
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    Justin Sullivan via Getty Images
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    Deep Dive

    4 ways that recent banking failures will impact the multifamily sector

    After the collapse of Silicon Valley Bank and Signature, multifamily borrowers could face challenges finding construction debt and loans from smaller lenders.

    By • April 12, 2023
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    MAA takes the No. 1 spot on NMHC’s Top 50 Owners list

    Greystar jumped from the sixth spot to second in the 2023 ranking.

    By • April 10, 2023
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    DEALS + STARTS

    Bonaventure adds 3 more properties

    The company used the UPREIT structure to make the acquisitions in a difficult environment.

    By • April 10, 2023
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    ImageGap via Getty Images
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    Opinion

    Real estate GPs need to get out their defensive playbooks

    A few simple moves can help multifamily and commercial real estate GPs run leaner while positioning them to pounce on emerging opportunities.

    By Michael Harris • April 6, 2023
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    Permission granted by Campus Apartments
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    Q&A

    How Campus Apartments navigates the volatile transaction market

    The student housing firm closed more than $650 million in transactions last year and is pursuing other deals in 2023.

    By • April 4, 2023