Transactions: Page 18
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LIHTC expiration affects deeply affordable properties the most
When income restrictions are removed, units affordable to people making 30% of area median income disappear.
By Leslie Shaver • July 19, 2022 -
Q&A
One owner sits at 99.5% occupancy at some properties in Miami
Seeing strong fundamentals, Trion Properties is still buying despite capital market volatility.
By Leslie Shaver • July 15, 2022 -
Deep Dive
Soaring interest rates stymie deals
As the buyer pool shrinks and multifamily sales are retraded, could the red-hot apartment transaction market cool off?
By Leslie Shaver • July 5, 2022 -
DEALS + STARTS
Redwood makes $43M acquisition in Minneapolis suburb
Reserve Eden Prairie offers 375 units across five garden-style buildings.
By Mary Salmonsen • July 1, 2022 -
Q&A
Why one Houston-based owner decided to sell
Swapnil Agarwal traded out of properties in his hometown but bought deals in other markets and asset classes.
By Leslie Shaver • June 28, 2022 -
Apartment transactions set yet another record in May
As deal flow increased 22% year over year, values jumped 22.3% in the face of rising interest rates.
By Leslie Shaver • June 23, 2022 -
Q&A
How rising cap rates could put pressure on managers
Owners could expect more from their managers as rapid property appreciation declines.
By Leslie Shaver • June 15, 2022 -
Property managers deal with churn
With more investors selling properties than in the past, operators learn to adjust.
By Leslie Shaver • June 13, 2022 -
Q&A
Rising interest rates could cause problems — but not how you'd think
Higher borrowing costs could widen the expectation gap and strain certain multifamily owners, according to the founder of a Houston-based private equity firm.
By Leslie Shaver • June 7, 2022 -
The last public student housing REIT goes private
ACC will move out of the public markets and be backed by Blackstone as a private company.
By Leslie Shaver • June 6, 2022 -
DEALS + STARTS
Camden takes control of $2.1B portfolio
By buying out its partner, the REIT adds to its wholly-owned portfolio with a heavy emphasis on Texas markets.
By Leslie Shaver • June 2, 2022 -
Apartment price growth decelerates
Nevertheless, property sales increased 7% in April, primarily driven by one large deal.
By Leslie Shaver • May 31, 2022 -
Pure makes a play for institutional investors, looks for more acquisitions
The company expects to operate in 25 states by the end of the year and recently closed a $50 million financing round.
By Leslie Shaver • May 25, 2022 -
PRODUCTS
May roundup: New multifamily products
This month’s features include food delivery storage pods and a maintenance issue detection system.
By Mary Salmonsen • May 25, 2022 -
Surfside condo site sells for $120M
Experts say the developer of the 2-acre property will need to consider a range of issues before starting work on a planned luxury residential tower.
By Robyn Griggs Lawrence • May 24, 2022 -
Q&A
Northland zeros in on the Atlanta market
While the Atlanta metro appeals to the Top 50 owner, it doesn’t think the risk is worth the reward in some other high-profile markets.
By Leslie Shaver • May 23, 2022 -
Opinion
Lessons from the M&A front lines
Firms should think big and prioritize early in the deal-making process, but they also need to consider steps for setting the tone after the ink dries.
By David Roberson • May 16, 2022 -
Q&A
How one investor chooses his markets
Neil Schimmel avoids metros with investor-owned single-family housing and looks for owners that are from the area.
By Leslie Shaver • May 16, 2022 -
Foreign capital zeroes in on ESG-compliant properties
Multifamily investors from Europe are starting to insist properties meet environmental, social and governance metrics.
By Robyn Griggs Lawrence • May 9, 2022 -
Former Mets majority owners team up with Eden for Southeast development
The partnership brings together two groups with decades of multifamily experience.
By Leslie Shaver • May 9, 2022 -
DEALS + STARTS
ZMR Capital adds to its Tampa-area portfolio
The company’s four recent acquisitions include one of the largest multifamily properties in the area.
By Mary Salmonsen • May 5, 2022 -
Boston Capital leads NMHC's syndicators list again
NMHC's list of companies that buy tax credits stays remarkably consistent.
By Leslie Shaver • May 3, 2022 -
Higher gas prices could help fuel a return to urban living
As expensive fuel boosts demand, some apartment buyers are ready to make deals in cities.
By Leslie Shaver • May 2, 2022 -
Q&A
For one Arizona company, the market provides an opportunity to sell
Despite selling more than 300 units, Caliber Cos. remains active in apartments and other real estate sectors.
By Leslie Shaver • April 29, 2022 -
Apartment sales volume increases more than 20% in Q1
Investors still chase apartments, but price growth slows as interest rate concerns loom.
By Leslie Shaver • April 29, 2022