Rents: Page 7
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Trilogy buys ZOM development during construction for nearly $86M
The Azalea Apartments are in an Opportunity Zone 15 minutes east of Tampa’s downtown.
By Leslie Shaver • Aug. 3, 2023 -
The apartment industry battles insurance price hikes
As costs jump 100% or more in some states, multifamily leaders look for solutions.
By Multifamily Dive Staff • July 26, 2023 -
Trendline
Top 5 stories from Multifamily Dive
A roundup of some of Multifamily Dive’s top stories of 2024.
By Multifamily Dive staff -
Senior housing investors expect rent growth in 2023
Almost one-third of CBRE survey respondents are underwriting growth of 7% or more for assisted living.
By Mary Salmonsen • July 25, 2023 -
Rent growth drops to lowest non-pandemic rate since 2011
Asking rents are still on the rise, both for conventional multifamily and for single-family build-to-rent properties, according to a new report.
By Mary Salmonsen • July 20, 2023 -
Insurance Issues
Rising insurance costs could force apartment sales, threaten new development
Premium increases create a host of issues for multifamily executives, who are already struggling with multiple financial challenges.
By Leslie Shaver • July 18, 2023 -
The top 10 states residents want to move into (and out of)
Texas is the most sought-after state based on Google searches, followed by Florida and California.
By Mary Salmonsen • July 14, 2023 -
Tenants’ top property management pet peeves
Owners and managers must mitigate these common rental complaints to keep vacancy rates low.
By Amanda Loudin • July 11, 2023 -
Despite challenges, real estate pros are optimistic
After hitting rock bottom, industry sentiment is on the rise again despite fears of a mild recession.
By Mary Salmonsen • June 26, 2023 -
Apartmentalize 2023
Rising costs challenge multifamily pros
Too much focus on technology can distract property managers from their customer service mission, according to a panelist at the recent NAA conference.
By Mary Salmonsen • June 15, 2023 -
Apartmentalize 2023
Renters moving to the suburbs bring urban expectations with them
Multifamily pros pondered the lingering impact of the pandemic’s “great migration” at an Apartmentalize session on Wednesday.
By Mary Salmonsen • June 8, 2023 -
Q&A
Maryland SFR development catches on ‘like wildfire’ with active adults
Allen & Rocks moved into single-family rentals at two Brookfield communities, and it learned that a 55-and-over crowd will lease remotely.
By Leslie Shaver • June 2, 2023 -
Greystar launches attainable housing brand
With some built in the company’s newly opened modular factory, Ltd. by Greystar apartments will limit future rent increases for existing residents.
By Mary Salmonsen • May 30, 2023 -
DEALS + STARTS
$1B mixed-use development planned near Miami
The District in Davie will have 1,256 units at full buildout and cover 2.8 million square feet of residential and retail space.
By Mary Salmonsen • May 30, 2023 -
PROJECT SPOTLIGHT
Leasing begins at transit-oriented tower in Newark, New Jersey’s Ironbound
Fifty-Five Union aims to foster a cultural connection with the neighborhood through arts and business partnerships.
By Mary Salmonsen • May 24, 2023 -
Q&A
Pennsylvania office developer gets into the conversion game
After adding a residential component to one building in Philadelphia, Keystone is eyeing three similar projects.
By Leslie Shaver • May 19, 2023 -
REIT Report
Essex predicts rebound in West Coast markets
Although it is monitoring other areas for expansion, the REIT is comfortable with its regional focus, according to CEO Angela L. Kleiman.
By Leslie Shaver • May 17, 2023 -
Rents continue rising, with moderate growth expected through 2023
Tightening credit, a slowdown in construction and lower consumer savings may constrict the sector in the near future, according to a new report.
By Mary Salmonsen • May 15, 2023 -
REIT Report
Camden’s move-outs to homeownership drop amid strong rent growth
Even though more than 400,000 new units are expected to hit its markets in the next two years, the REIT downplayed the impact of new supply on a recent earnings call.
By Leslie Shaver • May 15, 2023 -
REIT Report
As development projects are abandoned, AVB sees an opportunity to buy land
The REIT is partnering with third-party apartment builders and offering mezzanine loans for construction.
By Leslie Shaver • May 10, 2023 -
DEALS + STARTS
Nuveen nabs 12,000 affordable housing units
The investment manager for TIAA purchased the New York City-centric portfolio from Mo Vaughn’s Omni Holding Co.
By Leslie Shaver • May 10, 2023 -
REIT Report
UDR reports same-store NOI growth of 11.7%
Executives noted that new supply is forcing concessions in certain Southeastern markets.
By Leslie Shaver • May 5, 2023 -
What are Gen Z tenants looking for in apartments?
The newest renter cohort is growing up and moving out. Here’s how they differ from millennials.
By Mary Salmonsen • May 5, 2023 -
DEALS + STARTS
New affordable housing coming to Williamsburg, Virginia
The $26 million 2 Rivers Apartment Homes will fill a strong need for affordable housing in a growing area.
By Mary Salmonsen • May 4, 2023 -
REIT Report
3 trends driving MAA’s performance
The REIT’s portfolio is insulated from new supply, CEO Eric Bolton said on last week’s earnings call.
By Leslie Shaver • May 3, 2023 -
Residential tower in Queens, New York, includes a new public school
The first apartment tower at Woodside Central is open for leasing, with the school, retail and a pedestrian plaza underway.
By Mary Salmonsen • May 1, 2023