Capital

  • Tan and brown brick apartment building with balconies
    Image attribution tooltip
    elxeneize via Getty Images
    Image attribution tooltip

    MSCI: Prices have fallen over 20% in less than 2 years

    Additionally, apartment sales dropped 44% year over year in May to $6.7 billion.

    By • June 27, 2024
  • Construction framing of wood building.
    Image attribution tooltip
    ribeirorocha via Getty Images
    Image attribution tooltip

    Apartment starts plummet 52%

    Completions for buildings with five or more units rose only 0.8% in May as investors eyed new buildings.

    By • June 25, 2024
  • A block of apartment complexes Explore the Trendline➔
    Image attribution tooltip
    Arturo Rosenow via Getty Images
    Image attribution tooltip
    Trendline

    Top 5 stories from Dtmliving

    A roundup of some of Dtmliving’s top stories of 2024.

    By Dtmliving staff
  • Light blue garden-style apartment with grass in the foreground.
    Image attribution tooltip
    Permission granted by Matheson Capital
    Image attribution tooltip
    DEALS + STARTS

    Growing Charleston, South Carolina-based firm enters Georgia, making its largest deal to date

    Matheson Capital purchased the 248-unit Residences at St. George in Savannah — its 14th acquisition as the lead sponsor.

    By • June 24, 2024
  • A rendering of new construction on the Merchant Building in Columbus, Ohio, at night.
    Image attribution tooltip
    Retrieved from NAI Ohio Equities on June 13, 2024
    Image attribution tooltip

    Merchant Building to add 174 units to downtown Columbus, Ohio

    Gilbane is building the 32-story mixed-use structure, which is scheduled to open in 2026.

    By Matthew Thibault • June 24, 2024
  • Ground floor of new, white apartment complex with Soltra Kierland sign.
    Image attribution tooltip
    Permission granted by Leon Capital Group
    Image attribution tooltip
    Q&A

    Inside a Dallas developer’s plan for 2,000 starts this year

    The president of Leon Capital Group’s multifamily division sees an opportunity to deliver new apartments into rent growth.

    By • June 20, 2024
  • A rendering shows the vision for two residential towers in Beverly Hills, California.
    Image attribution tooltip
    Courtesy of Foster + Partners & Kerry Hill Architects
    Image attribution tooltip

    Cain International, OKO Group start $5B mixed-use development in California

    Turner Construction will lead site management on One Beverly Hills, which includes two condo towers and an Aman Group hotel.

    By Joe Bousquin • Updated June 24, 2024
  • New apartment building surrounded by a pool
    Image attribution tooltip
    Permission granted by Palladius Capital Management
    Image attribution tooltip
    DEALS + STARTS

    Palladius Capital Management grabs a student property in San Antonio

    CEO Nitin Chexal explains why the firm has invested $170 million along the I-35 corridor over the last 12 months.

    By • June 18, 2024
  • Bank corporate finance building seen from below. The sign "bank" visible close.
    Image attribution tooltip
    olaser via Getty Images
    Image attribution tooltip

    Trepp: Delinquencies increase again as servicing rate rises

    There was $245 million in newly delinquent multifamily loans during the month of May, according to Trepp.

    By • June 17, 2024
  • Brown, brick garden-style apartments
    Image attribution tooltip
    Permission granted by Nuveen
    Image attribution tooltip

    Nuveen strikes $100M deal with CalPERS

    The nation’s fourth-largest owner is working to preserve housing for residents earning less than 80% of the area median income.

    By • June 14, 2024
  • A table with chairs in a common area in a luxury apartment building
    Image attribution tooltip
    Permission granted by Cushman & Wakefield Multifamily Asset Services
    Image attribution tooltip
    Q&A

    Woody Stone sees more M&A coming in the management space

    The president of Cushman & Wakefield Multifamily Asset Services says some larger owners are moving to limit the number of operators they work with.

    By • June 11, 2024
  • Apartment property with trees and grass to the right
    Image attribution tooltip
    Permission granted by CBRE
    Image attribution tooltip
    DEALS + STARTS

    Nuveen lands Minneapolis-area property for almost $50M

    Capreit sold the four-building, 282-unit complex that was built in 1998.

    By • June 10, 2024
  • Dark high-rise apartment building
    Image attribution tooltip
    Retrieved from Tribeca NoMa.
    Image attribution tooltip

    Another DC building heads to auction

    A second apartment in Washington’s NoMa neighborhood faces foreclosure.

    By • June 6, 2024
  • Light colored modern apartment building with a grocery on the ground floor
    Image attribution tooltip
    Permission granted by Bozzuto
    Image attribution tooltip
    Q&A

    How Bozzuto evaluates new construction projects

    President of development Mike Henehan says the company is looking at location, partners and the overall structure of deals.

    By • June 5, 2024
  • Four story building with Peets Coffee on the ground floor
    Image attribution tooltip
    Permission granted by Cityview
    Image attribution tooltip
    DEALS + STARTS

    Cityview, Greystar sell California property

    Although a buyer wasn’t named, the 164-unit asset in Mountain View is now listed on Essex Property Trust’s website.

    By • June 3, 2024
  • Brick apartment building
    Image attribution tooltip
    Retrieved from The Lanes at Union Market.
    Image attribution tooltip

    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 • May 31, 2024
  • Two-story brown, brick apartments with grass and tree in the foreground.
    Image attribution tooltip
    Permission granted by Lion Real Estate Group
    Image attribution tooltip
    DEALS + STARTS

    Lion Real Estate Group moves into Charlotte, North Carolina

    The real estate investment and asset management firm has acquired a 225-unit apartment complex in the northern part of the the city.

    By • May 29, 2024
  • The evening sun is reflected in the modern apartment building with balconies.
    Image attribution tooltip
    deepblue4you via Getty Images
    Image attribution tooltip

    MSCI: Cap rates increase 50 bps to 5.4%

    Transaction volume fell almost 50% year over year to $4.5 billion.

    By • May 28, 2024
  • A building with vegetation growing along the sides.
    Image attribution tooltip
    _ultraforma_ via Getty Images
    Image attribution tooltip

    Sustainability is a ‘differentiator’ for multifamily developers

    With regulations and incentives now widespread, experts encourage looking at energy-efficient features with an entrepreneurial lens.

    By • May 23, 2024
  • The Wall Street sign in the Financial District of Lower Manhattan in New York City.
    Image attribution tooltip
    hapabapa via Getty Images
    Image attribution tooltip

    REITs beat expectations in Q1

    Strong occupancy and resident retention set the stage for outperformance.

    By • May 23, 2024
  • Multifamily residential building under construction
    Image attribution tooltip
    Sundry Photography via Getty Images
    Image attribution tooltip

    Apartment starts continue to drop

    Permits also fell during April, while completions rose 18%.

    By • May 22, 2024
  • Overhead picture of apartment communities and a pool.
    Image attribution tooltip
    Permission granted by Harbor Group International
    Image attribution tooltip
    Q&A

    Harbor Group eyes more buys

    The nation’s No. 19 apartment owner thinks the window is open to acquire newly built assets.

    By • May 21, 2024
  • Wall Street sign with american flags and New York Stock Exchange
    Image attribution tooltip
    lucky-photographer via Getty Images
    Image attribution tooltip
    REIT Report

    Renewal 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 • May 20, 2024
  • Aerial view of skyscraper buildings in San Francisco financial district during dusk
    Image attribution tooltip
    simonkr via Getty Images
    Image attribution tooltip

    Trepp: Servicing rate passes 5% for first time in 7 years

    Apartment distress also jumped in April, according to Cred iQ.

    By • May 17, 2024
  • Aerial panoramic cityscape view of San Francisco skyline with high rises and water to the right.
    Image attribution tooltip
    heyengel via Getty Images
    Image attribution tooltip

    Another massive San Fran portfolio heading back to its lender

    Goldman Sachs and Ballast Investments are expected to hand 1,200 apartments to RBC Real Estate Capital Corp.

    By • May 16, 2024
  • A street sign marks the intersection of Wall and Broad Streets in Manhattan.
    Image attribution tooltip
    rabbit75_ist/iStock/Getty Images Plus via Getty Images
    Image attribution tooltip
    REIT Report

    Camden sees favorable trends in insurance, taxes and bad debt

    Although supply remains a problem, demand is durable in the REIT’s markets.

    By • May 15, 2024