Revenue management software under renewed legal pressure
Dom Beveridge, a multifamily technology analyst and creator and author of the 20for20 website and blog, recently addressed Seattle’s Ordinance CB121000, which bans the use of revenue management (RM) software that relies...
Construction materials prices higher as metals price jump
The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.1 percent month-over-month in July on a seasonally adjusted basis. The intermediate demand index of...
Assessing RUBS versus CAD
Let us continue our deep dive into our “Show me the money” discussion of utility reimbursement revenue and where common sense needs to play a role. After we have addressed our resident-unit meter set...
Multifamily CMBS special servicing rate rises in July
Trepp reported that the special servicing rate for multifamily commercial mortgage-backed securities (CMBS) loans rose in July, although it has stayed in a narrow range since reaching a recent high in December 2024. However,...
Arixa Capital Surpasses $6B in Loan Originations and Financing of Large-Scale Multifamily Subdivision Projects
Arixa Capital, a leading private real estate lender, announced it has surpassed $6 billion in loan originations since inception. The company provides short-term loans ranging from $250,000 to $70 million to finance the acquisition,...
Axar Capital Makes Strategic Investment in ACRES Capital Corp Supporting Continued Growth Across Class...
Axar Capital Management LP ("Axar Capital"), an opportunistic corporate credit investor focused on the U.S. middle market announced a strategic investment in ACRES Capital Corp. ("ACRES"), a leading private commercial real estate lender and...
Nomadix Signs Strategic Agreement with TD SYNNEX
Nomadix® Inc., bringing connected experiences to life, announced a distribution agreement with TD SYNNEX, a leading global distributor and solutions aggregator for the IT ecosystem.
Through this agreement, Nomadix's portfolio of connectivity and digital engagement...
Yardi Matrix: Rents edge higher in July
Yardi Matrix reported that the national average asking apartment rent was up $2 in July compared to the revised level of the month before at $1,754 per month. The national average year-over-year asking apartment rent growth...
NAHB Applauds Move to Raise LIHTC Investment Cap for Fannie Mae and Freddie Mac
Buddy Hughes, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Lexington, North Carolina, issued the following statement after Federal Housing Finance Agency (FHFA) Director Bill Pulte...
The new opportunities in opportunity zones
The One Big Beautiful Bill Act's (OBBBA) recent revisions to the Opportunity Zone program have the potential to transform multifamily housing development in America's distressed communities. With the nation facing a shortage of 7.1...
TurboTenant and Rent Butter Announce Partnership to Set a New Standard in Tenant Screening
TurboTenant, the leading all-in-one rental property management software, announced a strategic partnership with Rent Butter, the leading tech-forward resident screening and verification solution designed for workforce housing.
TurboTenant landlords can now screen tenants with the...
Billee Technologies Secures $9.15M in Seed Funding to Disrupt Utility Management for Multifamily
Billee Technologies, an industry-backed comprehensive utility management platform, announced the completion of its Seed financing round. The $9.15 million round was led by strategic investors including RET Ventures, a venture capital firm shaping the...
RealPage Continues to Redefine the Resident Experience with Acquisition of Livble, a Leader in...
RealPage®, a leading global provider of AI-enabled software platforms to the real estate industry, continues to redefine the resident experience through its acquisition of Livble, a leader in flexible payment solutions for the multifamily...
Multifamily mortgage originations fall in Q2 despite overall rise
A report from the Mortgage Bankers’ Association (MBA) says that multifamily mortgage originations were down 35 percent year-over-year in Q2. This was the largest decline for the property types the MBA tracks, although hotel...
Multifamily CMBS delinquency rate rises
Trepp reported that the delinquency rate for multifamily commercial mortgage-backed securities (CMBS) increased in July after 2 months of declines. It and industrial were the only property types to see their rates rise in...
