Multifamily
Supply peaked in 2024 in most Sun Belt metros. Rent growth is returning in 2026 as deliveries fall and household formation holds. Refinancing risk on 2021-2022 bridge loans remains the dominant story.
Multifamily at a glance
The multifamily sector continues to exhibit resilience amid shifting economic conditions, driven by sustained demand for rental housing and demographic trends favoring urban living. Capital flows remain robust, with institutional investors increasingly favoring this asset class as a hedge against inflation and volatility in other sectors. However, tightening lending standards may temper new development activity, prompting a recalibration of risk appetite among allocators and lenders alike.
- New York3
- Atlanta3
- Miami2
- Chicago2
- Dallas2
- San Antonio1
Items added to the wire per week · last 12 weeks
- Developer sues landowner, its alleged partner, over proposed 754-unit Dorchester apartment complexUniversal Hub · Oct 19
- Multifamily CMBS delinquency and servicing rates rose yet again
Private-label securities have a 7.69% delinquency rate, while commercial real estate collateralized loan obligations sit at 3.88%, according to Trepp.
Multifamily Dive · Oct 19 - News | Developer starts construction of apartment complex near San AntonioCoStar · Oct 19
- Joint Venture Underway on 236-Unit Multifamily Project in Denison, Texas
DENISON, TEXAS — A joint venture between 2GR Equity, Preston Forrest Capital and Cross Development is underway on construction of The Katy at Waterloo Trails, a 236-unit multifamily project in Denison, about 75 miles…
REBusiness Online · Oct 19 - Cobb to consider 282-unit apartment complex at former Mountasia siteMarietta Daily Journal · Oct 19
- Partnership Completes $636M Rehabilitation of Two Brooklyn Affordable Housing Communities
NEW YORK CITY — A partnership between The New York City Housing Authority, Fairstead, BRP Cos., Urbane and the Local Development Corp. of East New York has completed the $636 million rehabilitation of Reid Apartments…
REBusiness Online · Oct 19
News Wire — Multifamily
Full wire →Multifamily CMBS delinquency and servicing rates rose yet again
Private-label securities have a 7.69% delinquency rate, while commercial real estate collateralized loan obligations sit at 3.88%, according to Trepp.
News | Developer starts construction of apartment complex near San Antonio
Joint Venture Underway on 236-Unit Multifamily Project in Denison, Texas
DENISON, TEXAS — A joint venture between 2GR Equity, Preston Forrest Capital and Cross Development is underway on construction of The Katy at Waterloo Trails, a 236-unit multifamily project in Denison, about 75 miles…
Cobb to consider 282-unit apartment complex at former Mountasia site
Partnership Completes $636M Rehabilitation of Two Brooklyn Affordable Housing Communities
NEW YORK CITY — A partnership between The New York City Housing Authority, Fairstead, BRP Cos., Urbane and the Local Development Corp. of East New York has completed the $636 million rehabilitation of Reid Apartments…
JLL Brokers Sale of 217-Unit Apartment Building in Hoboken
HOBOKEN, N.J. — JLL has brokered the sale of 1000 Jefferson, a 217-unit apartment building in Hoboken. Built in 2007, the six-story building houses 93 one-bedroom units, 114 two-bedroom residences and 10 three-bedroom…
Little Havana Apartment Owners Land $50.8M Refi
STRE Management and Lloyd Jones obtained a $50.8 million refinancing for The Vibe, a 194-unit luxury multifamily community located in Miami’s Little Havana neighborhood. JLL’s Capital Markets Debt Advisory…
TruAmerica Acquires 446-Unit Apartment Community in Metro Atlanta
DUNWOODY, GA. — TruAmerica Multifamily has acquired Bricks at Perimeter, a 446-unit, garden-style apartment community located in Dunwoody, roughly 16 miles north of downtown Atlanta. The seller and sales price were no…
HSR, Barings Break Ground on 501-Unit Multifamily Project in Redwood City, California
REDWOOD CITY, CALIF. — High Street Residential (HSR), the residential subsidiary of Trammell Crow Co., and joint venture partner Barings have broken ground on a two-building apartment development within the ELCO Yards…
Draper and Kramer Acquires 268-Unit Apartment Community in Evanston, Illinois
EVANSTON, ILL. — Draper and Kramer Inc. has acquired a 268-unit luxury apartment community in Evanston. The 15-story property, Albion Evanston, will be rebranded as Eva. Draper and Kramer will also assume property man…
Boston, Houston firms team up to buy North Hills property
Miami-Based Developer Proposes 103-Unit Apartment Complex for Golf Course Boulevard and Jann Avenue, Opa-Locka, Florida
Building Business: Reveler, Avesta top off 201-unit affordable apartment complex in Portland
HUD just gave BTR an FHA-backed finance ‘in;’ here’s what it means
HUD extended FHA multifamily programs to BTR, opening up 221(d)(4) new construction and 223(f) refi and acquisition options
Set it and forget it: How access control integrated with PMS unlocks efficiency and NOI in multifamily
Lease signed, access issued: PMS-integrated mobile credentials cut rekeying costs and lift your NOI.
Hansung Construction Sells Samsung-Adjacent Apartment Complex
Roseville Approves $580,000 Sale of Former Courthouse Site to Eden Housing for Senior Apartments
Roseville has handed a second developer a chance to build affordable senior housing on a downtown lot that has sat empty for more than a decade, approving a sale to Eden Housing four years after an earlier deal for th…
$1.2M in property tax vanishes when North Charleston apartment complex becomes exempt
Shovel-Ready 174-Unit Grove Project in Oroville Listed for $3.4MM
A fully entitled apartment development in Butte County has hit the market at a price that hands a buyer construction-ready plans for well under $20,000 per unit, betting that a shortage of new housing will reward whoe…
Troubled 490-unit North County apartment complex sells for $10M, as owners plot turnaround
Daytona Beach considers 304-unit apartment complex
TruAmerica snags garden-style apartment complex in supply-stricken northern Atlanta
PCCP Provides $41M Refi on North Park Multifamily
PCCP has provided a $41-million senior loan to refinance Tenney North Park, a newly constructed, 125-unit multifamily property with ground-floor retail in San Diego’s North Park submarket. The loan was provided on beh…
Merchants Capital Secures $30M for 227-Unit Indianapolis Multifamily Development
Merchants Capital announced $30.7 million in forward-committed permanent financing for Central at Old Southside, a 227-unit 4% low-income housing tax credit multifamily development to be built in Indianapolis, Indiana…
Essex Realty Group Closes Sale of Rogers Park Apartment Building
Essex Realty Group, LLC, announced the sale of 7319 N. Rogers Avenue, a 16-unit walk-up apartment building located in Chicago’s Rogers Park neighborhood, for $2.46 million. Essex Realty Group Managing Director Rick Of…
Pearlmark Provides $81M for Apartment Project in Coral Gables
Swiss investment firm Empira Group has secured an $81 million construction loan to build a 160-unit multifamily development in Coral Gables, Fla. Pearlmark provided the financing for Aurelian , a 12-story multifamily…
Keelbase Capital Acquires The Baxter Apartments in Bellevue
Keelbase Capital , a Seattle-based real estate investment firm, announced the acquisition of The Baxter, an 80-unit apartment community in downtown Bellevue. The acquisition reflects Keelbase’s strategy of targeting f…
NYC Multifamily Sales Rise YTD Despite Sharp Pullback in Q3
New York City multifamily sales totaled $6.99 billion across 1,044 transactions in the first three quarters of 2026, representing increases of 7.9% and 11.5%, respectively, Ariel Property Advisors reported. Dollar vol…
Avalon Housing opens first Ypsilanti apartment complex with 22 affordable units
Build-to-rent now eligible for Federal Housing Administration financing
Under the policy change, BTR projects can qualify for new construction and acquisition or refinancing programs, as HUD pushes to increase housing supply.
TruAmerica nabs 446 units to surpass 3K threshold in Atlanta metro area
The firm relied on an existing relationship to help secure the Gables Residential-built Bricks at Perimeter Center was previously owned by Clark Ventures.
Apartment Complex Trades For $117M
P&Z: Renderings of new downtown Macon apartment complex off Plum Street released
Dallas partners with Hoque Global on mixed-income apartment complex at University Hills site
229-Unit Lawton Multifamily Community Trades Hands
The Multifamily Group (TMG) announced the sale of Country Club View, a 229-unit multifamily community located in Lawton, Oklahoma. Originally constructed in 1966, the property is situated along West Gore Boulevard in…
Walker & Dunlop Investment Partners Supplies $63M Refi for Illinois Apartments
Noah Properties has landed $62.5 million of lease-up financing for a newly built multifamily development in suburban Chicago, Commercial Observer has learned. Walker & Dunlop Investment Partners (WDIP) originated the…
59-unit apartment complex in south Kearney gets approval from planning commission
Developer proposes 103 apartments near airport
SMBC Refis Apartments near Dallas, Philly With $108M Loan
The Philadelphia Eagles and Dallas Cowboys are longtime fierce rivals in the National Football League ’s NFC East, but the two markets have a common link in one of commercial real estate’s latest multifamily financing…