Rents: Page 2

  • Ground floor of new, white apartment complex with Soltra Kierland sign.
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    Permission granted by Leon Capital Group
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    Q&A

    Inside a Dallas developer’s plan for 2,000 starts this year

    The president of Leon Capital Group’s multifamily division sees an opportunity to deliver new apartments into rent growth.

    By • June 20, 2024
  • New apartment building surrounded by a pool
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    Permission granted by Palladius Capital Management
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    DEALS + STARTS

    Palladius Capital Management grabs a student property in San Antonio

    CEO Nitin Chexal explains why the firm has invested $170 million along the I-35 corridor over the last 12 months.

    By • June 18, 2024
  • A block of apartment complexes Explore the Trendline➔
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    Arturo Rosenow via Getty Images
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    Trendline

    Top 5 stories from Multifamily Dive

    A roundup of some of Multifamily Dive’s top stories of 2024.

    By Multifamily Dive staff
  • An overhead view of the Overland Park, Kansas, cityscape.
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    Davel5957 via Getty Images
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    The most sought-after destinations for renters this spring

    Select Midwest metros remain the most popular cities searched for by apartment hunters.

    By • June 18, 2024
  • Brown, brick garden-style apartments
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    Permission granted by Nuveen
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    Nuveen strikes $100M deal with CalPERS

    The nation’s fourth-largest owner is working to preserve housing for residents earning less than 80% of the area median income.

    By • June 14, 2024
  • For rent sign In front of a Row of apartments
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    Feverpitched via Getty Images
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    Average rent rises to all-time high despite slow YOY growth

    While market performance is following normal seasonal patterns, large delivery pipelines are a headwind on rents in the Sun Belt and other markets, according to Yardi.

    By • June 11, 2024
  • A table with chairs in a common area in a luxury apartment building
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    Permission granted by Cushman & Wakefield Multifamily Asset Services
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    Q&A

    Woody Stone sees more M&A coming in the management space

    The president of Cushman & Wakefield Multifamily Asset Services says some larger owners are moving to limit the number of operators they work with.

    By • June 11, 2024
  • Entrance to the FBI Building in Washington, DC.
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    drnadig via Getty Images
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    FBI raids Cortland office

    The Atlanta-based owner and operator confirmed the search but said the company and its employees are not targets of the investigation.

    By • June 6, 2024
  • Brick apartment building
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    Retrieved from The Lanes at Union Market.
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    Ranger Properties’ Washington, DC, building sold at auction

    HH Fund bought the 110-unit project in the city’s Union Market neighborhood for $38.3 million.

    By • May 31, 2024
  • The Wall Street sign in the Financial District of Lower Manhattan in New York City.
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    hapabapa via Getty Images
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    REITs beat expectations in Q1

    Strong occupancy and resident retention set the stage for outperformance.

    By • May 23, 2024
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    lucky-photographer via Getty Images
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    REIT Report

    Renewal and new lease rates diverge for MAA

    The REIT’s existing residents paid 5% more YOY in Q1, but supply pushed new rents down 6.2%.

    By • May 20, 2024
  • A street sign marks the intersection of Wall and Broad Streets in Manhattan.
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    rabbit75_ist/iStock/Getty Images Plus via Getty Images
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    REIT Report

    Camden sees favorable trends in insurance, taxes and bad debt

    Although supply remains a problem, demand is durable in the REIT’s markets.

    By • May 15, 2024
  • Apartment for rent sign
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    Blacqbook via Getty Images
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    Rents are on the rise again, moving close to all-time highs

    Although multifamily operators face challenges including rising costs and high interest rates, demand is keeping absorption consistent in most markets.

    By • May 15, 2024
  • View from the the ground looking up at high rises and Wall St. and Front St. signs.
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    franckreporter via Getty Images
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    REIT Report

    UDR plans to back off of high occupancy to boost rents

    Despite solid results, the REIT isn’t raising its full-year guidance.

    By • May 13, 2024
  • American flags in front of marble building
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    lucky-photographer via Getty Images
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    REIT Report

    Essex raises revenue guidance

    Improvement in delinquencies helped power the REIT’s better-than-expected first-quarter numbers.

    By • May 8, 2024
  • Four-level multi-colored apartment building with trees in the foreground.
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    Permission granted by Bozzuto
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    DEALS + STARTS

    Bozzuto makes first acquisition in 16 years with Gables purchase

    With development becoming more difficult to underwrite, the company is focused on buying stabilized properties on the East Coast.

    By • May 7, 2024
  • Low angle view of the Stock Exchange sign on the facade of the New York Stock Exchange on Wall street, Manhattan.
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    https://www.gettyimages.com/detail/photo/stock-exchange-sign-royalty-free-image/157338910?phrase=wall%20street&adppopup=true via Getty Images
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    REIT Report

    AVB beats estimates, raises guidance

    Strong occupancy and low move-outs to buy homes gave the REIT pricing power into spring leasing season.

    By • May 6, 2024
  • Brown brick apartment buildings with streets in the foreground.
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    Permission granted by Carleton Cos.
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    Q&A

    Carleton Management Services’ new CEO sees a path for midsize firms

    As operators go through a period of consolidation, Tasha Krawiec says some owners prefer smaller firms.

    By • May 6, 2024
  • The Denver skyline
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    miroslav_1 via Getty Images
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    MLG Capital uses unique approach to make $51M buy in Denver

    The Wisconsin-based firm bought Lowry North in a transaction that provided tax benefits to the seller.

    By • May 3, 2024
  • Photo looking up at high rises and Wall Street sign.
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    franckreporter via Getty Images
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    REIT Report

    EQR continues trend of record-low turnover

    The REIT’s expenses rose only 1.3% thanks to lower maintenance and utility costs.

    By • May 1, 2024
  • San Francisco skyline at night
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    iStock/Getty via Getty Images
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    $1.5B San Francisco loan heads to servicing

    Maximus Real Estate Partners owns Parkmerced, a 3,221-unit housing complex in San Francisco.

    By • April 30, 2024
  • A detached single-family home.
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    Permission granted by Greystar
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    Q&A

    Greystar eyes build-to-rent expansion

    The multifamily giant has 4,500 BTR homes in development and 2,000 more in the planning stages.

    By • April 26, 2024
  • Orange apartments leasing sign
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    Michael Vi via Getty Images
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    Gen Z to pay $145K in rent by age 30

    While millennials paid less for rent in their 20s than their younger counterparts, they also earned less on average.

    By • April 18, 2024
  • The Spokane, Washington, cityscape.
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    Solidago via Getty Images
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    The multifamily markets where expenses are rising the fastest

    While total operating cost growth has slowed somewhat, insurance premiums are increasing, especially in disaster-prone areas.

    By • April 16, 2024
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    Permission granted by Hillpointe
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    Q&A

    Hillpointe rises to the top

    The firm’s fully integrated approach provides a unique competitive advantage, according to co-founder Steven Campisi.

    By • April 11, 2024
  • Angle view of an apartment building with a cloudy sky.
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    Kirpal Kooner via Getty Images
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    Rent growth sees largest gain in 20 months

    The national average rent rose $8 in March, and demand for units remains strong.

    By • April 10, 2024