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December 23, 2025
Apartments to rise on former downtown Miami motel site following $250 million loan
A pair of Chicago developers has secured financing to start work on a luxury apartment tower set to rise on the site of the former Starlite Motel near Miami’s financial district.
December 23, 2025
Developer starts work on European-inspired South Florida condominium
Allen Morris Co. has started construction on Ponce Park, a new luxury condominium inspired by Europe’s classical facades, with an 11-story tower set to rise along one of Coral Gables' main boulevards.
December 23, 2025
Austin, Texas, apartment rent growth dips to a record low amid excess supply
Operating conditions remain challenging in Austin, Texas, following years of surging development that have led to a historically high vacancy rate.
December 23, 2025
Dallas investor enters Chicago multifamily market with nearly $94 million acquisition west of city
A Dallas-based real estate investor has entered the Chicago multifamily market with a nearly $94 million acquisition west of the city, one of the highest-priced suburban deals in an active year for the property sector.
December 22, 2025
Philadelphia apartment concessions increase as winter arrives
As Philadelphia rental apartments enter the traditionally slower winter leasing season, concessions have been on the rise.
December 22, 2025
In 2025's weak Los Angeles multifamily market, a few spots find their place in the sun
The Los Angeles multifamily market weakened considerably in 2025. Vacancy rates have risen from 5.0% from the beginning of the year and are projected to close between 5.7% and 5.8%. This year nearly 11,000 units were completed, up 17% from 2024, while net absorption fell by about 67%. For the first time since 2020, rent growth is expected to turn negative, reflecting significant changes since January. Below is a breakout by best- and worst-performing submarkets:
December 22, 2025
Supply relief ahead for Salt Lake City apartments as construction pipeline hits 13-year low
A persistent imbalance between supply and demand continues to weigh on Salt Lake City’s apartment market as new supply has exceeded demand over the past four consecutive years.
December 22, 2025
Tenants flock to luxury apartments in San Antonio
Renters are making the leap from lower- to higher-rated apartments in San Antonio as a wave of supply foments fierce competition in South Central Texas.
December 22, 2025
InterVest, MetroLoft land $867 million to bankroll one of the largest office-to-residential conversions in the US
InterVest Capital Partners and developer MetroLoft have secured $867 million to transform 111 Wall St. in New York into 1,568 luxury apartments, marking one of the largest single-building office-to-residential conversion projects in the country.
December 22, 2025
Silent night: Miami's new quiet electric bus line shepherds in development
It’s a silent night for Miami-Dade County commuters as a new bus pulls quietly into the station.
December 22, 2025
Vestige of early film industry architecture set for next act
A mid-rise office building in downtown Buffalo, New York, that played a significant role in the city's history in the film industry is set to be converted into apartments and retail. In the process, it's spotlighting a bygone era of architecture dedicated to storing and displaying early movies.
December 22, 2025
Phoenix apartment investors turning their attention toward vintage properties
Investment sales volume in the Phoenix apartment market has been slowly returning, though the source of growth is shifting.
December 22, 2025
Construction slowdown gives Denver's multifamily market room to recover in new year
Denver's multifamily construction wave continues to pummel the market. Vacancies remain near record highs, dragging down rent growth as landlords face increased competition for renters.
December 22, 2025
Avison Young expands DC tenant team; JLL hire targets Atlanta business; Gilbane promotes Southeast executive
Avison Young expands DC tenant representation team; JLL hire targets Atlanta office business; Gilbane promotes Southeast executive
December 21, 2025
Existing home sales rise; Business leaders expect AI to enhance work; Federal bill could speed apartment development
Existing home sales rise
December 19, 2025
Global real estate adviser adds Cambridge apartments to its Boston portfolio
Pembroke, a global real estate investment adviser that started in Boston 28 years ago, announced its purchase of Proto, a 218-unit apartment complex in Cambridge's Kendall Square, as it continues to seek out high-quality residential properties to diversify its portfolio of largely office and mixed-use properties. BXP, formerly Boston Properties, which developed Proto in 2018, sold the 95% occupied multifamily property for an undisclosed price.
December 19, 2025
Under Armour CEO's investment group exits landmark Baltimore development
Global real estate asset manager Hines said it’s been selected to oversee one of Baltimore’s largest redevelopments, a roughly 1.1 million-square-foot mixed-use venture, as ownership of a future phase of the project gets reworked.
December 19, 2025
Following largest Chicago multifamily purchase since 2023, California investor adds nearby tower
Weeks after pulling off the highest-priced multifamily sale in Chicago since 2023, a California investor has paid $89 million for a nearby tower in the Streeterville neighborhood.
December 19, 2025
Reno, Nevada, apartment market poised for further recovery in 2026
After a turbulent few years marked by pandemic-driven supply imbalances, Reno, Nevada’s apartment market is continuing its steady climb back toward stability. Taking 2024 as an inflection point and 2025 as the start of recovery, then 2026 is shaping up to be another year of improvement.
December 19, 2025
Multifamily construction pipeline continues to thin dramatically in Boise, Idaho
Multifamily construction in Boise, Idaho, has weakened dramatically as 2025 comes to a close. A dearth of new groundbreakings through late 2025, coupled with a steady completion schedule, has severely limited the number of units underway.

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