Rents: Page 4
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Retrieved from The Lanes at Union Market.
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 Leslie Shaver • May 31, 2024 -
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REITs beat expectations in Q1
Strong occupancy and resident retention set the stage for outperformance.
By Leslie Shaver • May 23, 2024 -
Explore the Trendline➔
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TrendlineResident Retention
Property managers have a variety of approaches to keep tenants satisfied.
By Multifamily Dive staff -
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REIT ReportRenewal 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 Leslie Shaver • May 20, 2024 -
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REIT ReportCamden sees favorable trends in insurance, taxes and bad debt
Although supply remains a problem, demand is durable in the REIT’s markets.
By Leslie Shaver • May 15, 2024 -
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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 Mary Salmonsen • May 15, 2024 -
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REIT ReportUDR plans to back off of high occupancy to boost rents
Despite solid results, the REIT isn’t raising its full-year guidance.
By Leslie Shaver • May 13, 2024 -
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REIT ReportEssex raises revenue guidance
Improvement in delinquencies helped power the REIT’s better-than-expected first-quarter numbers.
By Leslie Shaver • May 8, 2024 -
Permission granted by Bozzuto
DEALS + STARTSBozzuto 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 Leslie Shaver • May 7, 2024 -
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REIT ReportAVB beats estimates, raises guidance
Strong occupancy and low move-outs to buy homes gave the REIT pricing power into spring leasing season.
By Leslie Shaver • May 6, 2024 -
Permission granted by Carleton Cos.
Q&ACarleton 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 Leslie Shaver • May 6, 2024 -
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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 Leslie Shaver • May 3, 2024 -
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REIT ReportEQR continues trend of record-low turnover
The REIT’s expenses rose only 1.3% thanks to lower maintenance and utility costs.
By Leslie Shaver • May 1, 2024 -
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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 Leslie Shaver • April 30, 2024 -
Permission granted by Greystar
Q&AGreystar eyes build-to-rent expansion
The multifamily giant has 4,500 BTR homes in development and 2,000 more in the planning stages.
By Mary Salmonsen • April 26, 2024 -
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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 Mary Salmonsen • April 18, 2024 -
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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 Mary Salmonsen • April 16, 2024 -
Permission granted by Hillpointe
Q&AHillpointe rises to the top
The firm’s fully integrated approach provides a unique competitive advantage, according to co-founder Steven Campisi.
By Jennifer Goodman • April 11, 2024 -
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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 Mary Salmonsen • April 10, 2024 -
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Rising rental fraud comes at a cost for property managers
Falsified applications have reduced income or increased expenses by at least 10% for most operators, according to a new report.
By Mary Salmonsen • April 9, 2024 -
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Nearly half of renters still pay by check
A new report says that ACH payments are the top choice when it comes to electronic options.
By Mary Salmonsen • April 3, 2024 -
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Opinion5 steps to mitigate revenue management software risks
As the multifamily sector comes under unprecedented levels of antitrust scrutiny, owners and managers must take steps to protect themselves, attorney David D. Cross says.
By David D. Cross • March 29, 2024 -
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Renter competition runs hot in Midwest, Sun Belt markets
In some cities, demand for units is high and new supply is low or even nonexistent.
By Mary Salmonsen • March 25, 2024 -
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The cities with the largest volume of loan maturities
Atlanta, Dallas and Denver lead the way, as $525 billion in overall apartment loans are expected to mature by 2029.
By Leslie Shaver • March 25, 2024 -
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Report: DOJ opens criminal probe into RealPage, multiple landlords
The Justice Department also has an ongoing civil investigation into the data and software provider.
By Leslie Shaver • March 25, 2024 -
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Rents rise slightly, ending 7-month decline
Market trends are in flux, with deliveries on the rise and occupancy falling.
By Mary Salmonsen • March 18, 2024
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