Legacy Capital and RHM Capital Combine to Form Legacy RHM Capital
Legacy RHM Capital, a fully integrated real estate investment platform focused on institutional-quality multifamily properties, announced its formation through the strategic merger of Legacy Capital Partners and RHM Capital Group.
Legacy Capital Partners was founded...
JOLT report shows slow job growth despite higher openings
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of total non-farm job openings in August rose to 7.23 million. However, minimal employment growth...
Rent growth negative in September
The latest rent report from Apartment List shows that national median rents fell in September with month-over-month rent growth of -0.42 percent. As it has been for the last two years, year-over-year rent growth...
CoStar: multifamily property prices continue to decline in August
CoStar reported that its value-weighted index of multifamily property prices fell month-over-month in August, dropping 1.31 percent, its sixth consecutive monthly decline. However, CoStar reported that this index was still up 1.84 percent year-over-year.
By...
New rules: renter search journeys are changing
The renter search journey has changed dramatically, and so has the renter, finds a recent survey of over 1,000 U.S. residents conducted by SOCi. Today’s renters—particularly Millennials and Gen Z—are no longer...
MSCI: Multifamily property prices unchanged despite overall price rise
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices were effectively unchanged in August compared to the revised level of the month before. This is the third...
Walker & Dunlop Arranges the $110M Refinancing of Two Premier Plat Living Multifamily Properties
Walker & Dunlop, Inc. announced that it has successfully arranged $110 million to refinance two premier Plat Living properties: Plat 4 at Research Triangle in Durham, North Carolina, and Plat 10 at the Ranch...
Life insurers raise holdings of multifamily mortgage debt in Q2
The Mortgage Bankers Association (MBA) reported that multifamily mortgage debt outstanding rose by $27.70 billion in Q2 from the revised level of the quarter before. Total multifamily debt reached a level of $2.195 trillion....
Multifamily starts forecasts revised higher again
Revisions to Fannie Mae’s September housing forecast raise the number of multifamily starts expected in 2025 and 2026 from those in last month’s forecast. Fannie Mae is now predicting 412,000 starts in 2025 with...
Avanath Preserves and Creates 500+ Affordable Housing Units in California and Florida
Avanath Capital Management LLC, an Irvine-based multifamily owner and operator that primarily focuses on affordable and workforce housing, has secured affordability restrictions on more than 500 existing units at two of the firm’s owned...
Kennedy Wilson to Acquire Toll Brothers’ Apartment Living Platform
Global real estate investment company Kennedy Wilson (NYSE: KW) and Toll Brothers, Inc. (NYSE: TOL), the nation's leading builder of luxury homes, announced that Kennedy Wilson has agreed to acquire Toll Brothers' Apartment Living...
Yardi Matrix: student housing shows strong preleasing, slowing rent growth
Preleasing in the student housing sector has reached a strong level as the 2025–2026 academic year begins. According to the Yardi Matrix Student Housing September 2025 report, preleasing for the Yardi 200...
Smart thermostats are a really smart move
Multifamily property owners are constantly seeking ways to increase net operating income (NOI), boost property valuations, and enhance resident satisfaction. This is particularly true at this moment where costs are rising faster than rents...
Fed lowers benchmark interest rate
The economic projections released by the Federal Open Market Committee (FOMC) after this week’s meeting indicate that they expect higher GDP growth ahead than in last their forecast. They left their forecasts for the...
Multifamily starts lower but completions surge in August
The Census Bureau’s report on new residential construction stated that multifamily permits fell again in August. Multifamily starts were down sharply from the high level reported last month while a big increase was reported...
