Multifamily Property News, Features, and Investment Insights

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A New Angle on Multifamily Amenities: Sustainability. Q&A with PearlX’s Simon Herrmann

Multifamily developers, owners, and operators are waging amenity wars to attract tenants and boost net operating income. This has meant significant capital investments in rooftop lounges, business centers, self-service bike maintenance shops and dog runs. While such features seem to attract more tenants in theory, PearlX Senior Vice President Simon Herrmann said they are underused...

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Continental Properties’ Lybik on “Historic” Shift in Multifamily

The U.S. multifamily market is experiencing one of the most dramatic shifts in recent memory—and the implications for owners, investors, and developers are profound. After eight consecutive quarters of oversupply and rising vacancies, demand has roared back with unprecedented strength. According to Jay Lybik, Senior Director of Market Research at Continental Properties, national absorption reached 794,000...

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Sunroad Sells 15 Multifamily Properties to Fairfield for $1.1 Billion; Buyer and Seller Partner on Portfolio Improvements

Pictured above: Nines at Kierland, Scottsdale, AZ Sunroad Enterprises sold a 3,830-unit, 15-property multifamily portfolio to Fairfield Residential for $1.1 billion. The former and current owners have partnered to develop and implement improvement strategies for the assets, which are located in six states. “All of the assets in the portfolio have business plans that Sunroad...

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76-Unit Multifamily Community in Land-Constrained West Covina Sells for $26.4 Million

A San Gabriel Valley-based private investment group acquired Cambridge Apartments, a 76-unit multifamily community at 2601 E. Valley Blvd. in the land-constrained city of West Covina, CA. The local private buyer acquired the property through a 1031 exchange at a sales price of $26.4 million. Escrow was closed on schedule, within 15 days of the...

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Bridge Tower Sells 375-Home Sunbelt SFR Portfolio, Ending Long-Term Hold

Bridge Tower Partners ended a more than decade-long hold on a 375-home single-family rental portfolio (SFR), selling the Sunbelt properties to a national owner and operator of home rental communities. The properties are in Austin, Dallas-Fort Worth, Houston, San Antonio, Atlanta, GA and Charlotte, NC. At the time of closing, the portfolio was 94% occupied. The...

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Getting the Most Out of Multifamily Shared Printers

Mention the words “multifamily amenities,” and first thoughts include resort-style pools, rooftop decks, yoga rooms and coffee bars. Sometimes overlooked in apartment features lists is the humble on-site printer. A shared printer in a property’s lobby or dedicated business center isn’t a splashy, visually appealing amenity. But WithMe Inc.’s Ben Meth, Senior Director of Sales,...

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CRE Leaders Say Housing, AI Among Growth Industries

Leaders are able to provide an in-depth forecast of where things are going along with understanding where matters stand at present. As part of the 2025 Leadership Series, we asked key executives in commercial real estate to identify growth sectors and industries and their effects on the industry. Their responses ranged from artificial intelligence to...

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Weidner Beats Out Competition to Enter the Austin MSA, Acquires 349-Unit Alden at Cedar Park

Weidner Apartment Homes planted its stake in the Austin MSA with its acquisition of the 349-unit Alden at Cedar Park. The privately-held Kirkland, WA-headquartered real estate and investment buyer struck the deal with seller Starlight Investments, which had owned the property at 801 C-Bar Ranch Trail since 2020. The sales price was undisclosed; with Newmark...

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