Transactions: Page 18

  • Three-story apartments with trees and a road in the foreground.
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    Permission granted by Bonaventure
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    DEALS + STARTS

    Top apartment deals of Q3

    Go behind the scenes to see how some of this quarter’s biggest transactions took shape.

    By • Nov. 17, 2022
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    sesame via Getty Images
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    Trepp: Servicing, delinquency rates drop

    Although problem loans remain rare in the apartment sector, some groups expect distressed buying opportunities in 2023 and 2024.

    By • Nov. 14, 2022
  • Apartments with palm tree in the foreground.
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    Permission granted by Standard Communities
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    Q&A

    How Standard Communities is working to grow to 50,000 apartments

    With tech firms like Amazon and Microsoft showing a willingness to invest, affordable owners have more ways to acquire housing.

    By • Nov. 11, 2022
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    guvendemir via Getty Images
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    CBRE: Spreads widen 4 basis points on multifamily loans

    Loan-to-values fell 2.9 percentage points from Q2 and 9 percentage points from a year ago.

    By • Nov. 10, 2022
  • Two-story brick apartment building.
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    Permission granted by OneWall Communities
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    OneWall grabs a tax credit property in the DC suburbs with a mid-4% interest rate

    The company sees an opportunity to renovate units and raise rents while staying within LIHTC parameters.

    By • Nov. 9, 2022
  • Six-story brown and grey apartment building with cars and street in the foreground.
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    Permission granted by Greystar Real Estate Partners
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    The country’s biggest apartment owners

    Greystar and Equity Residential sit atop a new list of firms ranked by units owned, portfolio value and other factors.

    By • Nov. 7, 2022
  • Mixed-use multifamily residential district area development with blue sunny sky background
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    Svetlana123 via Getty Images
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    Trepp: Cap rates sit below 4%

    Although cap rates have risen, their increase is a fraction of the jump in Treasury yields.

    By • Nov. 4, 2022
  • Brightly colored, mid-rise apartment building
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    Permission granted by Avanath Capital Management
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    Q&A

    Are interest rates too high? Daryl Carter has seen much worse

    Avanath’s CEO is still getting affordable apartment deals done despite volatility in the market.

    By • Nov. 1, 2022
  • Brown apartment buildings next to grass and a sidewalk
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    Permission granted by Magma Equities
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    DEALS + STARTS

    Magma partners with Walker & Dunlop to nab 820 units in Houston, Dallas metros

    The Manhattan Beach, California-based owner has amassed nearly 3,500 units in Texas.

    By • Oct. 31, 2022
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    Justin Sullivan via Getty Images
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    Blackstone sees for-sale cost increases driving rental demand

    With cap rates rising, the investment giant is focusing on cash flow with multifamily acquisitions.

    By Robyn Griggs Lawrence • Oct. 28, 2022
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    Sean Pavone via Getty Images
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    The top markets for buying, selling apartment buildings

    Two Texas cities lead the nation in apartment deal volume as Manhattan makes a major jump.

    By • Oct. 26, 2022
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    Baris-Ozer via Getty Images
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    Apartment transaction volume falls 17% in Q3 as cap rates decline YOY

    Without the massive ACC-Blackstone deal, sales would have fallen even further.

    By • Oct. 25, 2022
  • Tan apartment buildings with pool in the foreground.
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    Permission granted by Bell Partners
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    DEALS + STARTS

    Bell makes 4 buys around the country

    The Greensboro, North Carolina-based apartment firm nabbed 846 units for $313 million.

    By • Oct. 25, 2022
  • An an apartment building with trees in front.
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    Permission granted by Blackfin
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    Q&A

    For the right deals, Blackfin still sees a lot of money

    Despite volatility in the capital markets and moderation in rent growth, Doug Root continues to canvass the East Coast for opportunities.

    By • Oct. 24, 2022
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    William_Potter via Getty Images
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    Cap rates jump 72 basis points in 6 months

    Investors also project more conservative rent increases when underwriting new deals.

    By • Oct. 20, 2022
  • Two-story apartments with chairs and a pool in the foreground.
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    Permission granted by Eagle Property Capital
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    Q&A

    Inside one company’s strategy to focus on the Latino market

    Eagle Property Capital’s value-add strategy goes beyond property improvements to make its residents' lives better.

    By • Oct. 18, 2022
  • Three-story apartments with trees and a road in the foreground.
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    Permission granted by Bonaventure
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    DEALS + STARTS

    Bonaventure secures 2 Virginia properties by assuming existing below-market loans

    The alternative asset manager is focused on working with owners who need creative solutions because of their partnership constraints or tax positions.

    By • Oct. 14, 2022
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    Permission granted by Investors Management Group
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    DEALS + STARTS

    IMG grabs more units in under-the-radar South Carolina market

    The Millennium Apartments appealed to CEO Neil Schimmel because of its upside potential and “excellent price per pound.”

    By • Oct. 10, 2022
  • Three-story brick apartments with trees in the foreground.
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    Permission granted by Monument Capital Management
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    DEALS + STARTS

    Alex Rodriguez-founded company makes another bet on Minneapolis

    Monument Capital Management has completed its eighth deal in the city, giving it more than 1,000 units in the region.

    By • Oct. 6, 2022
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    Maks_Lab via Getty Images
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    RealPage acquires Knock CRM

    The acquisition allows RealPage to deliver a front-office platform that supports centralized leasing.

    By • Oct. 5, 2022
  • White three-story apartment buildings with black roof.
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    Permission granted by Middleburg Communities
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    This small firm aims to manage 75,000 units in the next 2 years

    Virginia-based Middleburg Communities is aggressively pursuing other property management firms.

    By • Oct. 3, 2022
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    simpson33 via Getty Images
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    Apartment deal volume falls 26% in August

    MSCI says cap rates fell 30 basis points YOY to an average of 4.7%.

    By • Sept. 26, 2022
  • Brown three-story apartments on the left and trees on the right.
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    Permission granted by Morgan Properties
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    Just how high have cap rates jumped?

    Observers say they’ve moved up into the 4% to more than 5% range, but more deals need to happen to get an exact read on values.

    By • Sept. 21, 2022
  • Brick building with 33 Realty sign
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    Permission granted by Poplar Homes
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    SFR manager Poplar Homes enters the apartment business

    By acquiring 33 Realty’s property management arm, the Cupertino, California-based proptech company grows geographically.

    By • Sept. 19, 2022
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    BernardaSv via Getty Images
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    August’s largest multifamily delinquencies

    Trepp’s list of the five largest troubled loans includes a student property in Alabama, a rent-restricted property in New York City and a fractured condo in Philadelphia.

    By • Sept. 19, 2022