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.
- San Francisco3
- San Diego3
- New York2
- Denver2
- Tampa2
- Washington2
Items added to the wire per week · last 12 weeks
- Passco Sells Buckhead Apartments At LossBisnow · Sep 3
- KKR Buys 636-Unit Lynhaven Apartments in San Jose for $346.5MM
San Jose’s apartment market absorbed its third above-average per-unit sale in recent weeks as KKR paid $346.5 million for the 636-unit Lynhaven, a deal that signals investors are betting rent growth in Silicon Valley’…
The Registry · Sep 3 - Greystar sells 636-unit San Jose complex for $346M as rents climbThe Business Journals · Sep 3
- New Town of Beloit apartment complex first in 12 yearsBeloit Daily News · Sep 3
- CEDARst Snags $80M Construction Loan for San Diego Apartments
CEDARst obtained an $80 million construction financing for The Samuel, a 197-unit Class A multifamily development in San Diego’s North Park neighborhood. JLL worked on behalf of the CEDARst Companies, in arrangi…
Connect CRE · Sep 3 - For affordable housing fund, Cleveland embraces private partnerships
The city launched a fund to build up to 3,000 affordable housing units using leftover American Rescue Plan Act money.
Multifamily Dive · Sep 3
News Wire — Multifamily
Full wire →KKR Buys 636-Unit Lynhaven Apartments in San Jose for $346.5MM
San Jose’s apartment market absorbed its third above-average per-unit sale in recent weeks as KKR paid $346.5 million for the 636-unit Lynhaven, a deal that signals investors are betting rent growth in Silicon Valley’…
Greystar sells 636-unit San Jose complex for $346M as rents climb
New Town of Beloit apartment complex first in 12 years
CEDARst Snags $80M Construction Loan for San Diego Apartments
CEDARst obtained an $80 million construction financing for The Samuel, a 197-unit Class A multifamily development in San Diego’s North Park neighborhood. JLL worked on behalf of the CEDARst Companies, in arrangi…
For affordable housing fund, Cleveland embraces private partnerships
The city launched a fund to build up to 3,000 affordable housing units using leftover American Rescue Plan Act money.
City Opens Housing Lottery for 227 South Bronx Apartments
New York City has launched a housing lottery for 227 units at One River Park, a major two-tower development under construction alongside Harlem River in the South Bronx. The lottery, which ends September 24, is open t…
Grand Peaks buys Oregon apartment property
The Denver-based firm added the 424-unit property in Beaverton and plans to announce a new Colorado development in the next couple of weeks.
Greysteel Arranges $18M Deal for 142-Unit Milwaukee Multifamily
Greysteel arranged the $18.1 million sale of Cudahy Commons, a 142-unit multifamily property at 2810 E. Edgerton Avenue in Cudahy, Wisconsin, a Milwaukee submarket. Greysteel represented the seller, a private investor…
New daycare center coming to Transit Road, Millersport apartment complex growing
Fourth Avenue Capital Acquires 87-Unit Apartments in Bend
CBRE arranged the sale of Steppe, an 87-unit multifamily community located at 2365 NE Conners Ave. in Bend, Oregon. The property sold for just over $20 million. CBRE’s Sam Lawhead, Joe Nydahl, Matt Dodd and Josh…
Panelists from Connect Texas Multifamily Discuss Where We Are in “The Cycle”
The apartment investor, developer and renter are all affected by cycles endemic in the industry. Where are we now? A handful of panelists at the Connect Texas Multifamily conference at The Joule weighed in on where we…
CIM Group, Hulic Pick Up White Plains Apartment Building
CIM Group has made its first foray into Westchester County by acquiring a new 135-unit apartment building in White Plains, NY, in partnership with Japan’s Hulic Co., Ltd. Although financial terms were not disclosed, t…
Dwight Investment Management Supplies $115M Refi on Charlotte Apartments
Dwight Investment Management , an affiliate of Dwight Capital , closed the loan for the Seventeen Hundred on East property that opened in January with 295 luxury apartments and 6,500 square feet of retail space. Loan…
Namdar Group Lands $390M Construction Loan in Jersey City
Namdar Group has scored $390 million in construction financing for Park Tower, a 47-story multifamily project in the Journal Square neighborhood of Jersey City, NJ. Walker & Dunlop Capital Markets Institutional Adviso…
Trinsic Building Apartments at Site of Notorious Wheat Ridge Hotel
CBRE facilitated the sale of a 5.83-acre redevelopment site in Wheat Ridge, Colorado, to Trinsic Residential Group. The firm plans to develop a 335-unit Class A multifamily community with modern amenities on the site.…
Evergreen Building Mesa Apartments, Retail
Evergreen Development acquired an 11.7-acre parcel north of Signal Butte and Warner in Mesa’s Eastmark submarket to build a mixed-use community that pairs multifamily housing with new retail. The property was pu…
What multifamily firms bought and sold this summer
Camden made a major sale while firms like Knightvest, the Scion Group and Tishman Speyer acquired new properties.
ORIX Acquires Two Texas Rental Assets
An ORIX Corporation USA affiliate acquired three multifamily properties totaling 1,029 units in Texas (two) and Georgia (one). The transactions, representing approximately $200 million in aggregate value, expand ORIX…
Newmark Arranges Sale of 1,027-Unit Multifamily Portfolio in North Austin
AUSTIN, TEXAS — Newmark has arranged the sale of a portfolio of three multifamily properties totaling 1,027 units in North Austin. The portfolio comprises The Enclave at La Frontera (411 units), Lakeside at La Fronter…
CEDARst Cos. Obtains $80M Construction Loan for The Samuel Multifamily Property in San Diego
SAN DIEGO — Chicago-based CEDARst Cos. has obtained an $80 million construction loan to develop The Samuel, a 197-unit apartment community in San Diego’s North Park neighborhood. Zach Kersten, Jack Wood and Ben Chorom…
CEDARst Cos. Receives $80M Construction Loan for The Samuel Multifamily Property in San Diego
SAN DIEGO — Chicago-based CEDARst Cos. has received an $80 million construction loan forThe Samuel, a 197-unit multifamily project that will be located in San Diego’s North Park neighborhood. Zach Kersten, Jack Wood a…
Newmark Arranges $215.8M Refinancing for Waypoint Multifamily Portfolio in Florida
TAMPA, FLA. — Newmark has arranged $215.8 million in bridge financing for a five-property multifamily portfolio in Florida. Matthew Williams, Rob Wright, James Maynard and Kyle Schlitt of Newmark arranged the construc…
Southeastern Tops Out 330-Unit Multifamily Redevelopment Project in Houston
HOUSTON — Georgia-based developer Southeastern has topped out a 330-unit multifamily redevelopment project in the Montrose neighborhood of Houston. Artis Montrose is a conversion of the site of the former “Disco Kroge…
Newmark Arranges $215.8M Loan for 5-Property Florida Multifamily Portfolio
Newmark arranged $215.8 million in bridge refinancing for Waypoint Residential’s five-property, 1,274-unit multifamily portfolio spanning key markets throughout Florida. Newmark’s Matthew Williams and Rob Wright secur…
JLL Secures $76.3M in Financing for Luxury Apartment Development in West St. Paul
WEST ST. PAUL, MINN. — JLL Capital Markets has arranged $76.3 million in financing for Thompson Oaks, a 291-unit luxury apartment community to be built in West St. Paul. Josh Talberg, Scott Loving, Will Hintz and Jack…
Northmarq Brokers Sale of 301-Unit Multifamily Property in Wichita, Kansas
WICHITA, KAN. — Northmarq has brokered the sale of Union Mill, a 301-unit luxury multifamily property in Wichita. Benjamin Davis, Jeff Lamott and Casey Wilhm of Northmarq represented the seller, TLC Properties. The bu…
Sacramento Multifamily Roars Back With $578MM in First-Half Sales, Its Strongest Run Since 2022
Greater Sacramento's apartment market delivered its most active investment stretch in four years during the first half of 2026, as $578 million in deals, a rush of affordable-housing conversions and the return of Clas…
Merchants Capital Provides $138.5M in Financing for White Plains Multifamily Project
WHITE PLAINS, N.Y. — Merchants Capital has provided $138.5 million in financing for a 296-unit multifamily project in White Plains, located north of New York City. The financing consists of a $120.5 million constructi…
Kennedy Wilson, Shimizu Corp. partner on $139M multifamily build in Georgia
The 382-unit Atlanta-area Caldwell project is Kennedy Wilson’s first ground-up apartment development in the state.
California Clears Plug-In Solar Bill, Rewriting the Power Equation for Bay Area Renters and Landlords
California lawmakers sent SB 868 to Gov. Gavin Newsom on Aug. 26, clearing a path for renters and multifamily owners across PG&E's Northern California territory to install small plug-in solar systems without the inter…
Liability Litigation Is Choking Multifamily Housing
Across the U.S., owners of multifamily properties are confronting a growing problem that threatens the health of our housing: The cost and availability of liability insurance is making it increasingly difficult to ope…
Developer gets final green light for $73M apartment complex near Lucas Oil Stadium
New 410-unit apartment complex approved near Weidner Field
Riverside OKs land deal for development of apartment complex with 10 affordable units
New Apartment Building in Berkeley Heights Live-Work Campus Opens Doors
Move-ins are officially underway at RT500, a new 179-unit luxury community developed by The Connell Company in Berkeley Heights, NJ. The 11-story property is located within The Park, a 185-acre mixed-use campus about…
Panel approves designs for 17-story building near Hemisfair downtown
Gantry Secures $23M for KS Multifamily Near Pittsburg State University
Gantry has secured a $22.75 million permanent loan for the University Digs apartment community located at 1902 S Broadway St in Pittsburg, Kansas, directly adjacent to Pittsburg State University. The three-story, 190-…
Affinius Capital Lends $310M for Jersey City Multifamily Tower Build
The demand for apartments across the Hudson River keeps rising. Namdar Group has landed $310 million of construction financing to build a 47-story multifamily tower in Jersey City, N.J., Commercial Observer has learne…