Multifamily CMBS delinquency rate declines
Trepp reported that the delinquency rate for multifamily commercial mortgage-backed securities (CMBS) loans fell in February. It had been trending higher since last April. The overall CMBS delinquency rate also dropped, falling 26 basis...
Multifamily construction spending continues to fall in January
The Census Bureau’s report on construction spending said that multifamily construction spending in January was down 0.74 percent from the revised level of the month before. Spending on single-family residential construction was reported to...
Marcus & Millichap Brokers $3.8M Multifamily Sale on 21st Street in Washington D.C.’s Dupont...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 1340 21st Street NW, a 10-unit apartment property located in Washington,...
Marquette Companies Names Trevor Ryan and Jim Cunningham as Division Presidents, Appoints New CFO...
Marquette Companies, a national leader in multifamily development and property management, announced a strategic reorganization of its senior leadership team. Trevor Ryan has been named partner and president of Marquette Companies, while Jim Cunningham has...
MSCI: Multifamily property prices show positive trend
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices were up 0.7 percent month-over-month in January from the revised level of the month before. However, prices were...
Apollo to Acquire Bridge Investment Group for $1.5B
Apollo has struck a deal to buy Bridge Investment Group in an all-stock deal worth around $1.5 billion. Bridge oversees $50 billion in assets, with a focus on residential and industrial properties. The deal...
Zark Expands Revenue Opportunities for Multifamily Owners With Addition of Rentable Items
Zark, a groundbreaking service that increases parking availability at multifamily communities by empowering residents to reserve parking spaces affordably, announced a major expansion of its parking management solutions, adding Zark Rentable Items.
“Owners, operators and...
Dominium Unveils New Leadership Team Including Paul Sween, Mark Moorhouse, and Kyle Hansen
Dominium, a leading affordable housing owner, developer and manager, announced its senior leadership succession plan as former Senior Managing Partner Paul Sween begins his transition into a strategic, fiduciary role at the company. Mark...
StreetLights Residential Promotes Rachel Koonsman to Chief People Officer
StreetLights Residential, a Dallas-based, design-focused developer of luxury multifamily and mixed-use communities, announced the promotion of Rachel Koonsman to Chief People Officer.
Over the past eight years, Rachel Koonsman has helped shape and amplify the...
Interior Logic Group Expands Leadership Team; Welcomes Gary Mayo as Executive of Business Development
Interior Logic Group (ILG), a leading provider of interior home design and finish solutions for the building industry including single family homes, multifamily, senior housing, and student housing, has expanded its leadership team with...
Is illegal immigration a driving force in apartment fundamentals?
Are illegal immigration and deportations truly driving forces behind housing supply, demand, and affordability issues, or are they being overstated by the media and both sides of the political divide? Or put...
Eastham Capital Launches Latest Value-Add Multifamily Investment Fund – Eastham Capital Fund VII, LP
Eastham Capital, a private equity real estate firm dedicated to providing superior, risk-adjusted returns to investors through the transformation of undervalued multifamily real estate, has launched its seventh multifamily investment fund, Eastham Capital Fund...
SFR rents rise, but slowly
CoreLogic reported that their single-family rent index (SFRI) for December rose 1.8 percent from its year-earlier level. This is down 0.4 percentage points from last month’s revised year-over-year rent growth rate and is down...
It’s happening. Not good.
As of now, bills have been introduced in several states to block corporate ownership of single-family homes.
Arizona. Connecticut. Indiana. New Hampshire. New York. Oklahoma. Texas. Utah. Virginia.
Several of these have been filed just in...
Multifamily starts forecasts raised
Fannie Mae’s February housing forecast calls for multifamily starts to slow to start 2025 but to then rise through the end of 2026. The starts forecasts for every quarter in 2025 and 2026 were...
