Development

  • A low-rise apartment property.
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    Courtesy of Dominium
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    NMHC Top 50

    Greystar, Summit lead NMHC’s developer and builder lists

    While these industry stalwarts remain at the top of the association’s newest rankings, a Dallas firm has rocketed up the charts.

    By • April 10, 2025
  • Mid-rise building with a warehouse exterior on the first two floors and modern glass above.
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    Permission granted by Atlantic Auctions
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    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
  • A mid-rise apartment building.
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    Permission granted by Shorewood
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    PROJECT SPOTLIGHT

    Shorewood to begin leasing at former brewery site in NJ

    The Ballantine will feature branding and design aesthetics inspired by Newark’s Ironbound neighborhood and its history.

    By • April 9, 2025
  • Aerial picture of wood0frames apartments under construction.
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    Bilanol via Getty Images
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    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
  • A series of low-rise stucco buildings. "The Wayne" is printed on a sign nearby.
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    Permission granted by Porter Kyle
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    DEALS + STARTS

    Porter Kyle breaks ground on $60M rental townhomes in highly competitive market

    The Wayne will be the only BTR development in a 10-mile radius of Chandler, Arizona, according to its developer.

    By • April 3, 2025
  • An overhead view of a Nevada town with mountains and sky in the distance
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    Wirestock via Getty Images
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    Trump administration considers using federal land for affordable housing

    Western states could be the most impacted, according to a Wall Street Journal report, but some advocates say the move is unlikely to meet the biggest housing needs in high-cost markets.

    By Ryan Kushner • April 1, 2025
  • Aerial shot of tall, glass apartment building next to busy highway.
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    Permission granted by McCourt Partners
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    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
  • A rendering of a mid-rise apartment building.
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    Permission granted by Baron Property Group
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    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 pool deck at an apartment building.
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    Permission granted by The Bainbridge Cos.
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    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
  • A furnished apartment-style hotel room at Placemakr's pop-up hotel at The Byron in Washington, D.C.
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    Courtesy of Placemakr
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    Placemakr launches apartment-style pop-up hotel in Washington, D.C.

    Placemakr Buzzard Point, offering furnished units for short-term stays within a luxury apartment complex, opens as travelers increasingly seek flexible accommodations. 

    By Jenna Graber • March 21, 2025
  • white apartments with tress and gravel in the foreground
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    Retrieved from Avanti Residetial.
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    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.
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    WendellandCarolyn via Getty Images
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    Apartment completions fall

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

    By • March 21, 2025
  • A facade of the U.S. Environmental Protection Agency signage on the wall of its building
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    Joe Cicak via Getty Images
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    EPA announces review of WOTUS rule

    Industry associations applauded the agency’s move to reduce permitting costs with its new definition.

    By • March 18, 2025
  • Photo looking up at a high rise building
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    Retrieved from Screenshot: Google Maps.
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    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.
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    Permission granted by RR Living
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    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
  • A rendering of a high-rise apartment building surrounded by smaller buildings.
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    Permission granted by Cordish Cos.
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    DEALS + STARTS

    Cordish Cos. chosen to redevelop hotel site near the Gateway Arch in St. Louis

    The $670 million plan calls for 1.3 million square feet of residential, retail and commercial space, including 585 apartment units.

    By • March 13, 2025
  • A mid-rise apartment building with a red brick and glass exterior.
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    Christopher Barrett

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    PROJECT SPOTLIGHT

    Wisconsin student property takes a sophisticated approach

    Chapter Madison, built on a narrow lot under strict design restrictions, is 100% leased for its first year.

    By • March 11, 2025
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    Getty Images via Getty Images
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    Apartment REITs predict improvements in 2025

    As new apartment deliveries slow in the second half of the year, multifamily's biggest public companies see the opportunity for rent gains.

    By • March 6, 2025
  • The Department of Housing and Urban Development
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    helen89 via Getty Images
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    HUD reinstates Enterprise’s $40M Section 4 contract

    The department had previously canceled several long-standing capacity building grants for local housing organizations.

    By • Updated April 10, 2025
  • An intersection in Washington, DC, showing two facades of an office building about seven stories tall.
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    "1625 Massachusetts Avenue NW.jpg" by APK is licensed under CC BY-SA 4.0
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    Tax break programs help spur downtown DC office-to-residential conversions

    The Housing in Downtown Program has supported three housing conversion projects to date, while a new program will provide tax breaks to projects that convert offices to “anything” in the city’s business corridor.

    By Danielle McLean • March 5, 2025
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    Google Maps

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    Canceled mixed-use project leaves enormous hole in West Hollywood

    Developer Charles Co. will need six to nine months and 27,000 dump trucks of dirt to fill in the excavated site.

    By • March 5, 2025
  • A rendering of a mid-rise apartment building.
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    Permission granted by Baron Property Group
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    DEALS + STARTS

    Baron breaks ground on Miami-area transit-oriented tower

    Metro Parc North will add 661 units next to a Tri-Rail station in Hialeah, Florida.

    By • March 4, 2025
  • A professional headshot of Barry Chase.
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    Permission granted by Eagle Property Capital
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    Multifamily firms announce hirings, promotions

    Leadership changes were on tap this year at many of the country’s top apartment firms.

    By Multifamily Dive Staff • March 3, 2025
  • An aerial view of a rendering of a residential development.
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    Courtesy of Terra
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    Miami developer breaks ground on $1B transit-oriented project

    Upland Park, located near a bus terminal facility, will feature 2,000 apartments and retail and commercial space at full buildout.

    By Zachary Phillips • Feb. 28, 2025
  • Aerial view of houses with a city skyline in the background.
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    Davel5957 via Getty Images
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    Where to find incentives for conversion projects

    Adaptive reuse developers may be eligible for tax breaks, grants or government aid under a range of city and state programs.

    By • Feb. 28, 2025