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Family of woman killed in Maryland apartment fire sues property manager
The wrongful death lawsuit seeks $2.3 million from the owner and operator of Arrive Silver Spring.
By Mary Salmonsen • Sept. 18, 2024 -
Permission granted by AvalonBay Communities
Q&AInside AvalonBay’s centralization initiatives
Under the REIT’s neighborhood model, services can be shared for up to 1,500 units.
By Leslie Shaver • Sept. 17, 2024 -
Explore the Trendline➔
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TrendlineTop 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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Owners of more than 8,000 units sue NJ town over new fees
Among other requirements, landlords in Edison must pay $100 per unit per year.
By Mary Salmonsen • Sept. 13, 2024 -
Permission granted by LRE Management
DEALS + STARTSNew York-based firm makes $102M bet on Atlanta through new fund
LRE Management also added PGA golfer Patrick Cantlay as a member of its advisory board.
By Leslie Shaver • Sept. 13, 2024 -
Permission granted by Gindi Equities
DEALS + STARTSGindi Equities makes $13.5M sale in North Carolina
The New York City firm originally bought the Cedar Ridge Apartments in 2021.
By Leslie Shaver • Sept. 12, 2024 -
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Lynd assigned an 11,000-unit portfolio
The original owners purchased the 50 properties as a value-add play but ran into problems when interest rates rose and costs increased.
By Leslie Shaver • Sept. 11, 2024 -
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Illinois property managers barred from retaliation
The Landlord Retaliation Act, which prohibits rent increases or evictions in response to a tenant complaint, puts landlords in a defensive position, an industry official said.
By Mary Salmonsen • Sept. 10, 2024 -
Arturo Rosenow via Getty Images
Trepp: Delinquency, servicing rates hit highs not seen in years
Distressed CMBS loans increased across commercial real estate last month, but apartment issues stood out.
By Leslie Shaver • Sept. 9, 2024 -
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Sponsored by Cavallino Cabinets6 big difference-makers in your next kitchen and bath package
What steps can you take now to reduce business risk and improve net operating income?
Sept. 9, 2024 -
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Multifamily permitting drops in urban areas
Higher interest rates and supply chain concerns have taken a toll on apartments, according to the NAHB.
By Mary Salmonsen • Sept. 6, 2024 -
Permission granted by Pratum Companies
Q&APratum CEO explains why he wants to acquire more properties
Shah Alam thinks ownership will complement the existing services his management firm offers.
By Leslie Shaver • Sept. 5, 2024 -
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Centralization tips from the REITs
With shared services spread among multiple communities, public companies like EQR, UDR and AvalonBay are leading the way.
By Leslie Shaver • Sept. 3, 2024 -
Permission granted by Ark Homes for Rent
EXECUTIVE MOVESArk Homes for Rent brings in new CFO
Wendy W. Gill will join the C-suite, while current CFO Gina Cabral will transition into another senior leadership position.
By Mary Salmonsen • Aug. 27, 2024 -
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DOJ files antitrust lawsuit against RealPage
The attorneys general of several states joined the suit, which accuses the company of an “unlawful scheme to decrease competition among landlords.”
By Leslie Shaver • Aug. 23, 2024 -
Milenny via Getty Images
REIT Report3 things to know from Camden’s earnings call
The Texas-based REIT still faces heavy supply in many markets, though demand remains strong.
By Leslie Shaver • Aug. 21, 2024 -
Hispanolistic/Getty via Getty Images
The pros, cons of centralized maintenance
Using service pods and technology tools can save money while boosting efficiency, but they’re not right for every operator.
By Leslie Shaver • Aug. 20, 2024 -
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REIT ReportBad debt not enough to weigh AVB down
The Virginia-based REIT outperformed again in Q2 with an increase in same-store and development NOI.
By Leslie Shaver • Aug. 20, 2024 -
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Sponsored by DomusoThe 4 key pain points amongst owners and operators
Discover how resident rewards can solve the top pain points for multifamily owners and operators.
Aug. 19, 2024 -
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The cities expecting the most apartment deliveries this year
Over 518,000 new units are expected to come online nationwide by the end of 2024.
By Mary Salmonsen • Aug. 16, 2024 -
Permission granted by ZRS Management
EXECUTIVE MOVESZRS Management promotes operations VP to chief operating officer
Veteran employee Jackie Impellitier is the first COO in the company’s history.
By Mary Salmonsen • Aug. 15, 2024 -
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REIT ReportMAA in the ‘worst of the storm’ with new supply
The REIT plans to get more aggressive on the development and acquisition fronts as it sees better days ahead in 2025 and beyond.
By Leslie Shaver • Aug. 14, 2024 -
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REIT ReportEssex predicts West Coast rebound
The California-based REIT increased NOI and revenue guidance for 2024.
By Leslie Shaver • Aug. 12, 2024 -
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REIT ReportUDR raises guidance despite Sun Belt softness
New leases continue to be challenging due to supply, but the REIT credits a customer service initiative with helping to boost renewals.
By Leslie Shaver • Aug. 7, 2024 -
Hispanolistic via Getty Images
5 things to think about when you decide to centralize
Moving functions off-site may bring benefits, but it's not without hurdles. Here's what operators need to know.
By Leslie Shaver • Aug. 6, 2024 -
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Apartmentalize 2024How the right unit amenities can boost rent
Examining a property’s unit pricing can help managers find new revenue sources, according to panelists at Apartmentalize.
By Mary Salmonsen • Aug. 6, 2024
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