Rents
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Judge denies request to toss out Yardi case
The software provider and 10 apartment operators argued that the plantiffs didn’t have standing and were “attempting to manufacture a Sherman Act violation.”
By Leslie Shaver • Dec. 11, 2024 -
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New supply leads rent prices lower
The national average rent fell by $5 in November, and growth is slowing month over month in most major markets.
By Mary Salmonsen • Dec. 10, 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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508-unit NYC building likely to head to servicing
The property, 180 Water St., has a $265 million loan that originated in 2019 and an additional $100 million in mezzanine debt.
By Leslie Shaver • Dec. 10, 2024 -
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DOJ reportedly ends criminal probe of multifamily pricing practices
Despite Friday’s announcement, the department's civil case against revenue management firm RealPage continues in federal court.
By Leslie Shaver • Dec. 9, 2024 -
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Hudson Valley Property Group acquires 22-property portfolio
The firm purchased the 4,768 units, located in Washington, Colorado, California and Idaho, from Inland Group.
By Leslie Shaver • Dec. 9, 2024 -
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REITs struggle with new lease rents
Although growth was tepid in the third quarter, there are signs that new deliveries are declining and demand is holding up.
By Leslie Shaver • Dec. 5, 2024 -
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AVB raises NOI guidance
The Virginia-based REIT expects to see a reacceleration of asking rents in Q4, compared to softer comps in 2023.
By Leslie Shaver • Nov. 25, 2024 -
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REIT ReportCamden reduces revenue guidance
New supply and the removal of non-paying tenants were headwinds for the Houston-based REIT in the third quarter.
By Leslie Shaver • Nov. 20, 2024 -
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REIT Report
EQR’s blended rent growth is less than expected in Q3
The REIT didn’t have robust pricing power due to issues in Los Angeles and its expansion markets.
By Leslie Shaver • Nov. 18, 2024 -
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Sponsored by Zillow Rentals5 reasons to carefully consider pet policies in 2025
Pet ownership among renters is at an all-time high. Discover why multifamily can't afford to ignore pet-friendly policies.
By Grant Brissey • Nov. 18, 2024 -
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How centralization is shaping the apartment industry
Changes in maintenance, administration and staffing are in the works as management firms move jobs off-site.
By Leslie Shaver • Nov. 15, 2024 -
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Average rent drops as supply remains high
While market performance is stable, policy changes during a second Trump administration could affect the long-term multifamily outlook, according to Yardi Matrix.
By Mary Salmonsen • Nov. 15, 2024 -
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REIT ReportUDR raises same-store guidance
The Colorado-based REIT reported pressure on new lease rents but strength on the coasts.
By Leslie Shaver • Nov. 13, 2024 -
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REIT ReportMAA: Deliveries peaked in Q3
The Memphis-based REIT saw new apartment openings taper off in its markets.
By Leslie Shaver • Nov. 11, 2024 -
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Standard Communities acquires $1B portfolio
The firm plans to invest over $30 million in capital improvements and deferred maintenance across the 6,000 units in more than 60 communities.
By Leslie Shaver • Nov. 8, 2024 -
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REIT ReportEssex sees strength in Seattle
The California-based REIT’s same-store revenue growth helped it beat guidance in Q3.
By Leslie Shaver • Nov. 7, 2024 -
Permission granted by Lion Real Estate Group
DEALS + STARTSLion Real Estate Group nabs off-market deal in Houston
The investment firm saw an opportunity to secure a 25-year-old property at a good yield.
By Leslie Shaver • Oct. 25, 2024 -
Historic Philadelphia building goes into servicing
The Brush Factory Lofts, which sits in a neighborhood where rents are falling, saw its loan hit 90 days’ delinquent in August.
By Leslie Shaver • Oct. 23, 2024 -
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Flexibility and pet policies are tops with single-family renters
While most tenants are satisfied with their rental homes, a majority are still looking to buy one day, according to a recent survey.
By Mary Salmonsen • Oct. 23, 2024 -
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California voters say no to Prop 33
Eight out of 13 major housing-related measures were approved during this week’s election.
By Mary Salmonsen • Updated Nov. 6, 2024 -
Permission granted by The Astor Companies
Q&AThe challenges of building workforce housing
Astor Cos. CEO Henry Torres is using the Live Local Act to add attainable rentals to his portfolio of luxury properties.
By Leslie Shaver • Oct. 21, 2024 -
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Rent growth steps back for the fall
Despite the seasonal drop, things are looking good for the multifamily market following the Fed’s recent interest rate cut, according to Yardi Matrix.
By Mary Salmonsen • Oct. 14, 2024 -
The image by Ken Lunch is licensed under CC BY-SA 2.0
Loan for once-iconic Detroit tower goes delinquent
Riverfront Towers, once home to Rosa Parks and Aretha Franklin, was plagued by flooding, insurance costs and evictions.
By Leslie Shaver • Sept. 30, 2024 -
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Research points to the downsides of rent control
A new review of over 100 studies shows a variety of negative impacts around policies that regulate rent.
By Mary Salmonsen • Sept. 20, 2024 -
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Rents remain flat ahead of potential rate cut this month
The national average rent has fallen by $1, ending six months of gains, while YOY rent growth holds steady at 0.8%.
By Mary Salmonsen • Sept. 9, 2024
