Rents: Page 10
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3 items property managers are focused on this fall
Budgeting and getting back to basics take center stage for the rest of the year, according to execs from Cortland, Village Green and Bainbridge.
By Leslie Shaver • Oct. 12, 2022 -
In this city, you can add an extra bedroom for only $25 a month
A new study ranks the cost of upgrading to a larger apartment in towns across the country.
By Mary Salmonsen • Oct. 12, 2022 -
Trendline
Top 5 stories from Multifamily Dive
A roundup of some of Multifamily Dive’s top stories of 2024.
By Multifamily Dive staff -
Q&A
Apartment owner says Dallas is still undersupplied
Even with a robust supply pipeline and slowing rent growth, Ashland Greene’s CEO likes the fundamentals in his hometown.
By Leslie Shaver • Oct. 11, 2022 -
Deep Dive
9 of the year’s top amenity trends
Coworking space is among the most vital, with rentable household items, to-go markets and pet wash stations also cited by multifamily experts.
By Mary Salmonsen • Oct. 10, 2022 -
Apartment demand goes negative for the first time in Q3
Slow leasing traffic has pushed demand negative in the third quarter for the first time on record, spurring a ripple effect on sector fundamentals, according to RealPage.
By Mary Salmonsen • Oct. 6, 2022 -
DEALS + STARTS
Hines breaks ground on 200-acre Riverwalk San Diego
The first phase of development includes 930 apartments, 75,000 square feet of retail and a central green space.
By Mary Salmonsen • Sept. 30, 2022 -
Is the Florida market cooling off?
After experiencing rent increases of 30% over the past couple of years, some Sunshine State metros are softening.
By Leslie Shaver • Sept. 27, 2022 -
Rent growth normalized month to month in August
Asking rents rose 0.4% last month, a large drop from the previous August but slightly above historical summer growth.
By Mary Salmonsen • Sept. 20, 2022 -
Q&A
Will resident events pick up in 2023?
As one management firm looks to ramp up on-site activities, it is also carefully adding new technology.
By Leslie Shaver • Sept. 9, 2022 -
DEALS + STARTS
Hines makes second-largest purchase in South Florida history
After tracking Gables Station since February, Hines closed on the property in July after another buyer dropped out.
By Leslie Shaver • Sept. 9, 2022 -
Rent growth fell in August
Yardi expects a slowdown through the end of 2022, though YOY rent growth remains high at the national and metro levels.
By Mary Salmonsen • Sept. 8, 2022 -
PROJECT SPOTLIGHT
New Greystar luxury tower takes design cues from neighboring church
The $100 million 525 Olive is San Diego's highest residential building, according to the developer.
By Mary Salmonsen • Aug. 30, 2022 -
NYC landlords pay $4M total to settle rent control, kickback allegations
The 29 companies were involved in a scheme to deregulate rent-stabilized apartments, according to the state’s attorney general.
By Jennifer Goodman • Aug. 26, 2022 -
Apartment deliveries hit 50-year high
New York City passes Dallas in completions as new openings rise around the country.
By Leslie Shaver • Aug. 24, 2022 -
DEALS + STARTS
Odyssey Properties acquires 304 units in Florida
The Los Angeles-based firm bought two properties for $53 million.
By Leslie Shaver • Aug. 22, 2022 -
Q&A
A slowing market may allow this owner to make more deals
As rising rates weed out some buyers, Excelsa sees the opportunity to make acquisitions.
By Leslie Shaver • Aug. 22, 2022 -
Q&A
Migration is only one driver behind strong leasing in Texas
In leasing 110 apartments in one month at a North Texas property, Carbon Cos. sees residents come from a variety of places.
By Leslie Shaver • Aug. 18, 2022 -
Freddie Mac: Over half of tenants saw rising rents in the past 12 months
Of the renters with higher costs this year, almost 20% reported they are extremely likely to miss a payment.
By Mary Salmonsen • Aug. 18, 2022 -
New prospect traffic, applications slow
A corresponding increase in vacancies is reducing upward pressure on prices, according to MRI Real Estate Software.
By Mary Salmonsen • Aug. 15, 2022 -
Q&A
Why one executive says revenue growth is unsustainable
Property values may fall, Venterra Realty’s John Foresi says, but the long-term outlook is still in multifamily’s favor.
By Leslie Shaver • Aug. 12, 2022 -
Rent growth deceleration picks up steam in July
Price increases are moderating against a slowing economy, but rents remain high against historic trends, according to Yardi and RealPage.
By Mary Salmonsen • Aug. 11, 2022 -
Q&A
Why it’s harder to find value-add properties
Memphis, Tennessee-based Fogelman Properties has ramped up its buying engine, but it has to look hard to find deals.
By Leslie Shaver • Aug. 8, 2022 -
Freddie Mac expects multifamily contraction through the end of 2022
Macroeconomic headwinds include inflation and rising Treasury rates.
By Mary Salmonsen • Aug. 3, 2022 -
Georgia senator introduces legislation to bolster military housing nationwide
Raphael Warnock proposed a series of bills to address the Basic Allowance for Housing, increase homeownership and build more homes for service members.
By Leslie Shaver • Aug. 2, 2022 -
Q&A
Why one apartment owner is betting on North Carolina
As Magma Equities secures more deals, it’s able to unearth more buying opportunities.
By Leslie Shaver • July 26, 2022