Capital: Page 8

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    Fitch: Multifamily CMBS delinquencies to double in 2024

    Heightened levels of new supply, slowing revenue growth and higher expenses will challenge apartments.

    By • Jan. 29, 2024
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    What apartment leaders need to know for 2024

    It’s anyone’s guess what will happen in the next 12 months, but these insights from multifamily pros can help bring the year into focus. 

    By Multifamily Dive Staff • Jan. 26, 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
  • Two-story apartments and a clubhouse surrounding a pool.
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    Permission granted by The Mogharebi Group
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    DEALS + STARTS

    How an exchange buyer secured the largest deal of 2023 in California’s Central Valley

    Sellers Osso Capital and Graceada Partners hit their targeted returns at The Edge at Lakewood in Modesto.

    By • Jan. 25, 2024
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    CHUNYIP WONG via Getty Images
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    2024 OUTLOOK

    5 predictions for apartment development in 2024

    As starts fall, labor and land will be impacted.

    By • Jan. 24, 2024
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    Sundry Photography via Getty Images
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    Apartment starts fall 9.5%

    Permits for apartments in buildings with five or more units dropped 26.6% in December, showing the continued obstacles developers face with financing.

    By • Jan. 23, 2024
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    Maudib via Getty Images
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    2024 OUTLOOK

    Where rents will go in 2024

    New supply and concessions will be the headline stories in apartment markets this year.

    By • Jan. 17, 2024
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    Permission granted by ARK Homes For Rent
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    Q&A

    The evolution of build to rent

    As he embarks on a new role as CEO of ARK Homes For Rent, John Isakson sees an opportunity to define the BTR sector.

    By • Jan. 16, 2024
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    Grand Warszawski via Getty Images
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    2024 OUTLOOK

    Will 2024 see more apartment deals?

    Falling rates and still-stressed owners could put more properties on the market this year.

    By • Jan. 12, 2024
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    ventdusud via Getty Images
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    28 NYC properties head to foreclosure

    Emerald Equity Group owns the workforce assets, which contain 747 units in multiple neighborhoods in the Bronx.

    By • Jan. 10, 2024
  • Two-story brown apartment community with grass in the foreground.
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    Permission granted by StarPoint Properties
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    Q&A

    Despite current turbulence, this investor sees hope in Texas

    StarPoint Properties executive lays out three types of buying opportunities for the year ahead.

    By • Jan. 9, 2024
  • Multifamily residential building under construction
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    Sundry Photography via Getty Images
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    2024 OUTLOOK

    4 multifamily trends to watch in 2024

    Apartment operators will see new supply temper rent growth this year, among other challenges.

    By • Jan. 9, 2024
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    Permission granted by Eagle Property Capital
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    DEALS + STARTS

    Eagle closes $325M value-add fund

    The Miami-based owner partnered with Promecap to target apartments in the Sun Belt.

    By • Jan. 5, 2024
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    Permission granted by Crescent Communiities
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    DEALS + STARTS

    December deals: 2023’s last-minute apartment transactions

    Here’s a roundup of the largest sales that occurred at the tail end of last year.

    By • Jan. 3, 2024
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    deepblue4you via Getty Images
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    MSCI: Apartment sales fall to $5.1B

    Multifamily transactions declined 68% year over year, while prices dropped 12.1%.

    By • Jan. 3, 2024
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    unkas_photo via Getty Images
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    Apartment starts drop 33%

    While multifamily developers struggle to get funding, single-family builders see a temporary resurgence.

    By • Jan. 2, 2024
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    ST-art via Getty Images
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    US regulators flag commercial real estate as a leading risk in 2024

    “Signs of stress emerged in 2023, and the market outlook is challenging” for commercial real estate, according to the Financial Stability Oversight Council.

    By Jim Tyson • Dec. 21, 2023
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    Marilyn Nieves via Getty Images
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    DEALS + STARTS

    EQR acquires 2 Atlanta-area properties for $179.7M

    The REIT bought a brand-new apartment community in Suwanee, Georgia, and a 2019 asset in Decatur.

    By • Dec. 21, 2023
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    Kirpal Kooner via Getty Images
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    Multifamily debt tops $2 trillion

    CMBS providers have a smaller share of apartment loans, according to a new report.

    By • Dec. 20, 2023
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    Permission granted by JPI
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    8 of 2023’s top deals

    Sumitomo Forestry America’s acquisition of the operating platform of apartment developer JPI stood out in a slow year, ranking as one of the biggest transactions in the last 12 months.

    By • Dec. 20, 2023
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    Permission granted by Courtesy Lennar/Quarterra Group Inc.
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    Lennar looks to sell 11,000 apartments reportedly worth $4.5B total

    The home builder is open to breaking up the portfolio, according to Bloomberg.

    By • Dec. 18, 2023
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    Douglas Rissing via Getty Images
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    Multifamily leaders welcome possible rate cuts

    The Federal Reserve’s announcement last week has executives hopeful that transactions could pick up.

    By • Dec. 15, 2023
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    deepblue4you via Getty Images
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    CMBS apartment loans going to servicing rise 12 basis points

    However, Trepp said delinquencies fell during the month, and CRED iQ reported an overall decline in apartment distress.

    By • Dec. 14, 2023
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    Scott Olson via Getty Images
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    Fed holds main rate steady, signals deeper cuts to borrowing costs in 2024

    Policymakers paused monetary tightening for the third consecutive meeting as traders in interest rate futures bet the Fed will begin easing in the spring.

    By Jim Tyson • Dec. 13, 2023
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    Jean Burbano via Getty Images
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    DEALS + STARTS

    AvalonBay acquires properties in North Carolina, Texas

    The REIT plans to increase returns through operational efficiencies and light value-add upgrades.

    By • Dec. 12, 2023
  • A two-level, multi-colored rental housing building with garages.
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    Permission granted by Gray Capital
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    Q&A

    Why Gray Capital is moving to pref equity

    The Indiana owner and operator is “inundated” with owners looking for funds.

    By • Dec. 11, 2023