Transactions
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DEALS + STARTS
Blackfin Real Estate Investors enters Georgia with $17.3M acquisition
The Virginia-based firm purchased Sage Creek Apartments in Augusta from an investor group led by JJM Realty Partners.
By Leslie Shaver • June 25, 2025 -
Q&A
Utah-based firm mixes hospitality with multifamily
PEG sees both apartment residents and hotel guests demand a higher level of service.
By Leslie Shaver • June 24, 2025 -
DEALS + STARTS
Woodfield, Northwestern Mutual sell Florida apartment tower for $87M
Griffis Residential entered South Florida by purchasing Anya, a 223-unit high-rise in West Palm Beach.
By Leslie Shaver • June 18, 2025 -
NEW FUNDS
Gray Capital launches Midwestern apartment fund
The firm is targeting value-add and core-plus multifamily assets in Indianapolis and Columbus, Ohio.
By Leslie Shaver • June 17, 2025 -
DEALS + STARTS
Kennedy Wilson partners with Japanese firm to buy Seattle apartments
The investors purchased The Danforth for $173 million, citing an uptick in return-to-office initiatives.
By Leslie Shaver • June 16, 2025 -
Trepp: Multifamily CMBS delinquencies, servicing rates fall
However, CRED iQ and the MBA pointed to rising distress in commercial real estate.
By Leslie Shaver • June 16, 2025 -
Cityview opens New York City office
The Los Angeles-based firm plans to target opportunities in Boston; Orlando, Florida; and Atlanta.
By Leslie Shaver • June 12, 2025 -
Centerspace puts Minnesota apartments on the sales block
The Minneapolis-based apartment REIT is also adding to its portfolio with purchases in Salt Lake City and Colorado.
By Leslie Shaver • June 12, 2025 -
ZRS Management hits 100,000 apartment units
The firm had one of the largest jumps on this year's NMHC list, advancing six spots and gaining almost 15,000 apartments from the year before.
By Leslie Shaver • June 9, 2025 -
Alfred, RKW Residential, Quarterra Living combine forces
The new platform will operate approximately 52,000 residences, representing over $20 billion of assets.
By Leslie Shaver • June 6, 2025 -
DEALS + STARTS
EQR to purchase 8 apartment properties for $535M
The REIT expects the acquisition of the 2,064 units in Atlanta to be accretive in the second year of ownership.
By Leslie Shaver • June 3, 2025 -
DEALS + STARTS
Harbor Group reportedly acquires 3,590 apartment units for $625M
The Virginia-based firm purchased the 11 Sun Belt properties from a joint venture consisting of David Werner, Onyx Partners and Carlton Associates.
By Leslie Shaver • June 2, 2025 -
Apartment sales volume jumps 20% to $9.2B in April
Multifamily prices fell 1% year over year after dropping at a 7.3% annual pace a year ago, but REIT executives aren’t seeing tariff-related impacts on valuations yet.
By Leslie Shaver • May 28, 2025 -
New Funds
Mesirow raises $1.2B for value-add apartments
The Chicago-based firm will focus on multifamily properties needing upgrades in the top 30 U.S. markets.
By Leslie Shaver • May 27, 2025 -
https://www.gettyimages.com/detail/photo/stock-exchange-sign-royalty-free-image/157338910?phrase=wall%20street&adppopup=true via Getty ImagesREIT Report
AvalonBay braces for signs of trouble in DC rental market
CEO Ben Schall also said the softness in the REIT’s expansion markets could provide opportunities to add assets.
By Leslie Shaver • May 19, 2025 -
DEALS + STARTS
RADCO launches value-add brand with 615-unit apartment buy
With the purchase of Legacy at Riverdale, the Atlanta-based firm makes its first acquisition of this cycle.
By Leslie Shaver • May 16, 2025 -
CMBS delinquencies for apartments reach highest point since 2015
The rate has risen 524 basis points over the past 12 months, according to Trepp.
By Leslie Shaver • May 14, 2025 -
How investors are closing deals despite Treasury volatility
In this environment, success depends on “disciplined underwriting, aggressive stress testing and staying flexible,” according to an executive.
By Leslie Shaver • May 12, 2025 -
International multifamily investors undeterred by US trade turbulence
While a majority of foreign financiers have a negative outlook for U.S. property, 44% still plan to grow their holdings in 2025, according to a new report.
By Mary Salmonsen • May 9, 2025 -
DEALS + STARTS
CAPREIT acquires 2 Maryland properties
The North Bethesda, Maryland-based firm has dedicated $5 million toward upgrades, which will include a refresh of building exteriors, amenities and common areas.
By Leslie Shaver • May 9, 2025 -
REIT Report
EQR hits all-time low for turnover
The 7.9% rate was due in part to the Chicago-based REIT’s centralized renewal process, according to COO Michael Manelis.
By Leslie Shaver • May 6, 2025 -
DEALS + STARTS
American South Capital Partners buys New Orleans apartment property
The firm utilized Community Development Block Grant dollars to make the underwriting feasible amid rising insurance costs.
By Leslie Shaver • May 5, 2025 -
Three Steps Properties buys troubled Oakland apartments for $78M
An affiliate of Union Labor Life Insurance Co. sold the 206-unit Zo residential tower.
By Leslie Shaver • May 2, 2025 -
DEALS + STARTS
Altus Equity Group acquires 1,225 units in Texas
The Odessa Multifamily Portfolio boasts a 92% occupancy rate and a forecasted year-one yield exceeding 10%.
By Leslie Shaver • May 1, 2025 -
Apartment deal volume jumps 7%, hitting $30B in Q1
While recent tariff news has had a “dizzying effect” on the public equity and bond markets, multifamily performance “never responds to shocks in a single quarter,” the MSCI report said.
By Leslie Shaver • April 29, 2025