Stay informed with the latest multifamily housing industry news and insights by signing up for Multifamily Dive. Explore all our free newsletter options here: https://dive.pub/3BHRH3s
Multifamily Dive
Online Media
Washington, District of Columbia 2,954 followers
We provide business journalism and in-depth insight into the most impactful industry news and trends.
About us
Multifamily Dive provides in-depth journalism and insight into the most impactful news and trends shaping the multifamily housing industry. Multifamily Dive is a leading industry publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 13+ million decision-makers in the most competitive industries.
- Website
-
https://www.multifamilydive.com
External link for Multifamily Dive
- Industry
- Online Media
- Company size
- 201-500 employees
- Headquarters
- Washington, District of Columbia
Updates
-
Lakewood, New Jersey-based real estate syndicator Silverstone Management is suing the companies responsible for building and developing Bold on Blvd, a 272-unit apartment property in St. Peters, Missouri, for allegedly misrepresenting the condition of the property in a $70 million sale to Silverstone in 2022, according to court documents. #Multifamily #Lawsuit
Property buyer sues developer for ‘misrepresented’ $70M sale in St. Louis
-
Multifamily Dive reposted this
Over the past couple of years, I've talked to dozens of technology leaders and apartment management executives, including Ian Bingham, Tyler Christiansen, Diane Batayeh, Laurie Baker, Shah A., Tony Julianelle and many more, to understand how the multifamily industry views centralization and how companies are adopting it. In 2024, I used these conversations as the basis for a series of stories covering issues including maintenance centralization, the future of the assistant manager position, the balance between automation and customer service and how REITs like AvalonBay Communities and Camden Property Trust adopted technology. We've grouped all of these articles together. If you happened to miss the series, take a look. https://lnkd.in/edwUJ5Fd
How centralization is shaping the apartment industry
multifamilydive.com
-
As expenses have risen over the past several years, managers have turned to automating and centralizing property operations in order to increase their return on investment. However, a firm can only go so far with centralization before customer service suffers from a lack of human interaction. To preserve that benefit, Roberto Martinez, national field operations manager at Denver-based property manager and real estate investor Atlas Real Estate, strives for a balance. He aims to prioritize human touchpoints and communication with residents, both in maintenance and in the front office. Here, Martinez talks with Multifamily Dive about creating good tenant experiences, centralized staffing strategies and preventive maintenance as a value proposition for owners: #Multifamily #AtlasRealEstate
Keeping the human element in a centralized strategy
multifamilydive.com
-
2024 has been an active year for regulatory action related to the multifamily industry, particularly at the state and local levels. Over the past year alone, states have considered approximately 150 bills related to rent control, 60 on fee regulation and more than 70 on resident screening practices, according to the National Apartment Association’s State Legislative Tracker. In the cases where these bills have passed, multifamily owners and operators are tasked with changing their operations to comply. This can get especially complicated for larger companies that operate across multiple markets. #Multifamily #Regulations
Owners, operators adjust to recent regulatory changes
multifamilydive.com
-
Turner Construction has topped out 222 North City, a 460-unit mixed-use development that will also encompass more than 20,000 square feet of retail space in San Marcos, California, north of San Diego. #Multifamily #Construction
Turner tops out $345M California mixed-use project
-
The Federal Trade Commission has published its final Junk Fees Rule, which requires the live-event ticketing and short-term lodging industries to include all mandatory fees in their advertised pricing. However, it does not impose the same disclosure or advertised price requirements on any other industry, including multifamily. #Multifamily #JunkFees #FTC
FTC finalizes junk fees rule
multifamilydive.com
-
Multifamily Dive reposted this
Last week, Canyon Partners Real Estate announced the final close of the Canyon US Real Estate Debt Fund III, a debt vehicle with approximately $1.2 billion of assets, surpassing its $1 billion fundraising target. CRED III, which has already seen 44% of its capital allocated, will target various senior, subordinate, primary and secondary market real estate debt investments and credit securities across the U.S. Here's the story: https://lnkd.in/egFTCMEz
Canyon raises $1.2B investment vehicle
multifamilydive.com
-
Following the full lease-up of the 100-unit Optima Verdana apartments in Wilmette, Illinois, in 2023, Optima Inc. is planning a second mixed-use project next door, this time with 128 for-sale condos, according to a news release shared with Multifamily Dive. The six-story tower, which will replace a long-vacant car dealership, is set to break ground in mid to late 2025.
Optima plans to double unit count on Chicago’s North Shore
multifamilydive.com
-
Multifamily Dive reposted this
Last week, a federal judge denied a request to toss out the Yardi antitrust case. In the decision, U.S. District Judge Robert Lasnik accepted per se reasoning, taking a different approach than Judge Waverly Crenshaw did in RealPage's class-action case in the U.S. District Court for the Middle District of Tennessee, according to Kenneth L. Racowski, an attorney with Tampa, Florida-based Holland & Knight LLP. While the per se finding reduces plaintiffs’ burden on competitive harm and market definition, the judge acknowledges that there is a material question as to the factual proof and accuracy of the core elements of the alleged collusion, which remains the weakest part of plaintiffs’ case, Racowski told Multifamily Dive. https://lnkd.in/epxpikY6
Judge denies request to toss out Yardi case
multifamilydive.com