Julie Strupp

In its second-quarter earnings call, the Colorado-based apartment REIT announced that it is letting its debt and preferred equity program sunset.

A former tenant alleges that the landlord illegally set rental rates and occupancy levels using RealPage’s algorithmic pricing software.

The latest rent report offers “hope that markets hit hardest by the development boom are beginning to recover,” according to the real estate data firm.

During second-quarter earnings calls, multifamily leaders reported moderating supply and resilient demand.

The business group aims to build on 21st Century ROAD to Housing law momentum by advancing market-driven policies to increase supply, according to a senior Chamber official.

The new transparency ordinance, effective July 2027, eliminates administrative service charges, pet rent and package fees and requires upfront pricing for tenants.

Building on ROAD to Housing law momentum, the advisory council will push for zoning, permitting, capital and workforce measures it says could result in more housing.

New apartment construction fell 7.1% YOY last month, while single-family construction dropped twice as much, per HUD and the U.S. Census Bureau's latest residential construction report.

Bainbridge and Grand Peaks both named new presidents, while Asset Living brought a chief operating officer onboard and American Landmark appointed an investment chief.

Yardi Matrix’s third-quarter Multifamily Supply Forecast anticipates a modest rebound in apartment deliveries after 2027, but a return to the high levels of 2024 and 2025 is unlikely.