Virginia-based owner plans to add property management services

As other firms have scaled back their management presence, Capital Square is jumping into operations.

By Leslie Shaver • May 23, 2023

Affordable senior development underway near Miami

At 410 units, the Douglas Gardens Residences will be the largest property of its kind in Broward County.

By Mary Salmonsen • May 19, 2023

Pennsylvania office developer gets into the conversion game

After adding a residential component to one building in Philadelphia, Keystone is eyeing three similar projects.

By Leslie Shaver • May 19, 2023

Disney nixes plans to build $1B Orlando office campus

Even as it canceled its Lake Nona project, the company said it still plans to develop 80 acres of land to create affordable housing in the community.

By Zachary Phillips • May 19, 2023

REITs report positive momentum

On first quarter earnings calls, executives expressed optimism, though there are pockets of weakness.

By Leslie Shaver • May 19, 2023

Visionary apartment owner Sam Zell dies at 81

Multifamily leaders share memories of the real estate trailblazer known as “the grave dancer” for his ability to revive struggling properties.

By Leslie Shaver • May 18, 2023

Eclectic property opens in Washington, DC’s NoMa neighborhood

The Greystar-managed building’s bold facade includes multi-story murals and colorful panels.

By Mary Salmonsen • May 17, 2023

Essex predicts rebound in West Coast markets

Although it is monitoring other areas for expansion, the REIT is comfortable with its regional focus, according to CEO Angela L. Kleiman.

By Leslie Shaver • May 17, 2023

For Gen Z renters, it’s all about experiences

Tenants are looking for a place to live tied to a lifestyle or location, as well as “Instagrammable” moments they can share.

By Mary Salmonsen • May 16, 2023

Rents continue rising, with moderate growth expected through 2023

Tightening credit, a slowdown in construction and lower consumer savings may constrict the sector in the near future, according to a new report.

By Mary Salmonsen • May 15, 2023

Camden’s move-outs to homeownership drop amid strong rent growth

Even though more than 400,000 new units are expected to hit its markets in the next two years, the REIT downplayed the impact of new supply on a recent earnings call.

By Leslie Shaver • May 15, 2023

Business, multifamily leaders urge quick resolution to looming debt ‘catastrophe’

President Joe Biden and congressional leaders will continue talks on Friday as the threat of a default on the country’s $31.4 trillion debt grows.

By Jennifer Goodman • May 12, 2023

Private lender acquires the note for a Neology site in Miami

The acquisition shows how developers can finance projects even as traditional bank lending stalls.

By Leslie Shaver • May 11, 2023

Portland, Oregon’s Alta ART Tower designed to connect with artistic neighbors

The building’s expansive lobby hosts theater performances and gallery events in collaboration with the Artist Repertory Theater next door.

By Mary Salmonsen • May 11, 2023

As development projects are abandoned, AVB sees an opportunity to buy land

The REIT is partnering with third-party apartment builders and offering mezzanine loans for construction.

By Leslie Shaver • May 10, 2023

How to create community, connection for Gen Z renters

Work-from-home resources and collaborative spaces are game-changers for this growing resident group.

By Mary Salmonsen • May 10, 2023

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 Leslie Shaver • May 8, 2023

Largest Key West, Florida, workforce housing in 50 years opens on Stock Island

Wrecker’s Cay Apartments from Integra Investments adds 280 low- and moderate-income units near the Florida Keys’ connecting highway.

By Mary Salmonsen • May 8, 2023

Gilbane completes convex-shaped mixed-use project in LA

With a lens-like design, the $125 million development will feature 10 levels of apartments and luxury amenities.

By Matthew Thibault • May 5, 2023

The multifamily industry’s top firms

From syndicators and owners to builders and managers, these rankings from the National Multifamily Housing Council are much anticipated each year.

By Leslie Shaver • May 4, 2023

New affordable housing coming to Williamsburg, Virginia

The $26 million 2 Rivers Apartment Homes will fill a strong need for affordable housing in a growing area. 

By Mary Salmonsen • May 4, 2023

The top 10 residential builders of 2023

Powerhouse names in single-family homes — including D.R. Horton at No. 1 — are pushing further into build to rent.

By Mary Salmonsen • May 2, 2023

Residential tower in Queens, New York, includes a new public school

The first apartment tower at Woodside Central is open for leasing, with the school, retail and a pedestrian plaza underway.

By Mary Salmonsen • May 1, 2023

First state law banning gas in new buildings likely to pass in New York

Environmental and social justice advocates worry it will include a poison pill provision backed by the oil and gas industry.

By Ysabelle Kempe • May 1, 2023

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 Leslie Shaver • April 28, 2023