JLL’s BTR Financing Platform Expands with Additions of George Maravilla and Noah Schott
JLL Capital Markets announced that George Maravilla and Noah Schott have joined the firm's National Build-to-Rent (BTR) team. Maravilla joins as Managing Director and Schott as Director, significantly enhancing JLL's specialized capabilities in BTR...
BMC Investments Raises First Multifamily Real Estate Fund, Holds Final Closing of $150M
BMC Investments, a Denver-based, vertically integrated real estate investment manager, announced the final closing of its inaugural fund – BMC Multifamily Value Add Fund I – successfully hitting its $150 million hard cap.
The fund...
Greystone Real Estate Capital Closes Inaugural LIHTC Fund
Greystone Real Estate Capital, a national tax credit syndicator and subsidiary of Greystone Select Incorporated (and together with its direct and indirect subsidiaries, "Greystone"), announced the closing of Greystone Affordable Housing Fund I LP,...
New study: the unintended consequences of tenant protection
New research suggests that unintended consequences of tenant protection laws may be hurting the very population they are meant to protect.
These laws are designed to shield renters from discrimination, eviction and screening...
Berkadia Closes $100M LIHTC Multifamily Fund
Berkadia announced the closing of a $100 million multi-investor low-income housing tax credit (LIHTC) fund.
Berkadia Housing Partnership XV 2025 will help finance the development and rehabilitation of 434 affordable housing units across 6 properties...
Construction job openings higher despite overall fall
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 July fell to 7.18 million. Hiring in July was...
CoStar: multifamily property prices move lower in July
CoStar reported that its value-weighted index of multifamily property prices fell month-over-month in July, dropping 1.36 percent. This index was up 3.11 percent year-over-year.
By contrast, MSCI Real Capital Analytics reported that multifamily property prices...
Yardi Matrix: Rent growth turns negative in August
Yardi Matrix reported that the national average asking apartment rent fell $1 in August compared to the revised level of the month before to $1,755 per month. The national average year-over-year asking apartment rent growth was...
Multifamily construction spending continues to trend lower
The Census Bureau’s report on construction spending stated that the value of multifamily residential construction put in place in fell in July from the revised level of the month before. Spending on single-family residential...
Multifamily CMBS delinquency rate jumps higher
Trepp reported that the delinquency rate for multifamily commercial mortgage-backed securities (CMBS) leaped higher in August, rising by the most for any of the property types Trepp tracks. The overall CMBS delinquency rate rose...
BWE Secures $330M to Refinance 8-Property Class A Seniors Housing Portfolio Across Four States
BWE, a national commercial and multifamily mortgage banking company, announced the closing of a $330 million financing on behalf of the owners and managed by Spectrum Retirement Communities. The transaction refinances an eight-property Class A...
Southern metros drive multifamily growth in 2025
Southern metros remain a focal point for multifamily growth, supported by migration trends, job creation, and relative affordability.
The U.S. apartment construction market is regaining strength in 2025, with an estimated 506,353 new...
Rent growth turns negative in August
The latest rent report from Apartment List shows that the national median monthly rents fell in August with rent growth of -0.16 percent. This is the third consecutive year in which month-over-month rent growth...
Don’t let money go down the drain
As we continue down the “Show me the money” dive into our Ratio Utility Billing System (RUBS) program, we are reviewing each category to see where our opportunities for improvement are. In that spirit,...
Multifamily property transactions surge in Q2
The market for U.S. multifamily properties outperformed in the second quarter of 2025, outpacing nearly every other commercial real estate sector in both transaction value and annual price growth, according to the latest Altus...
