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April 21, 2026
Developer seeks to convert Charlotte office tower to 599 apartments, 200 hotel rooms
A developer is proposing to turn a 32-story office tower in central Charlotte, North Carolina, into a mix of 599 apartments and 200 hotel rooms as building conversions become more popular in that part of the city.
April 21, 2026
Multifamily rent growth grinds to a halt in LA
During the first quarter of 2026, apartment rents in Los Angeles had zero growth, representing the first instance this decade, aside from the pandemic period, where year-over-year rents did not exhibit growth. Although rent growth in Los Angeles has been slowing since 2023, modest increases below 1% continued to be recorded. However, this incremental growth finally ground to a halt in 2026.
April 21, 2026
Canadian boutique brokerage executive sees opportunity to expand to US
Nick Stryland, now co-owner of boutique commercial property brokerage Spear Realty in Toronto, has spent his career in Canada. But his work for U.S.-based real estate services firms, including Cushman & Wakefield and JLL, has him seeing opportunity in America.
April 21, 2026
Sold: A little room with a great big ocean view
Saunders Property Company acquired Viewpointe at Seaside, a 93-unit manufactured housing community in Pacifica, California, from The Carlyle Group for $39.5 million, or about $439,000 per unit.
April 21, 2026
Sticky concessions continue to weigh on Dallas-Fort Worth multifamily market
As the Dallas-Fort Worth multifamily market continues to wrestle with negative rent growth, survey results from property management professionals underscore a challenging operating environment. Concessions, renewals and a protracted path toward rebalancing underscore sentiment in the market.
April 20, 2026
First affordable apartment development in 20 years opens in Seattle’s Ballard district
Nonprofit residential developer Bridge Housing finished what it said is the first affordable apartment development in Seattle’s Ballard district in more than two decades.
April 20, 2026
San Diego-area apartment building changes hands
Agee Construction Company, a private investor, acquired a 17-unit apartment building in Poway, California, from Valerie Quate for $5.34 million, or $314,059 per unit.
April 20, 2026
New York office building secures $108 million loan for partial conversion project
A New York office building near Grand Central Terminal is being split in two — with most of the tower converting to apartments while a smaller slice remains office — under a project now backed by a $108 million construction loan.
April 20, 2026
Fast lease‑up powers $149 million refinancing for new Manhattan rentals
A luxury apartment building completed last year in Manhattan’s Chelsea neighborhood has landed a $148.7 million refinancing loan.
April 20, 2026
Trenton top-tier apartment segment sports a 43% discount to paying for a house
The Trenton, New Jersey, multifamily market is seeing the gap between the average rent for four- and five-star apartments and the average monthly mortgage payment continue to widen, driving demand toward apartment rentals.
April 20, 2026
Long Island top-tier apartment segment enjoys nearly 40% discount to mortgage payments
The Long Island, New York, multifamily market is seeing the gap between the average monthly mortgage payment and the average rent for four- and five-star apartments continue to widen.
April 20, 2026
Bascom picks up Las Vegas apartment building mid‑lease‑up
The Bascom Group bought The Ellison, a 294-unit apartment building at 9235 W. Russell Road in Las Vegas, from Lyon Living for $103 million, or $350,340 per unit.
April 20, 2026
Charlotte-area apartment complex trades for second time in two years
A garden-style apartment complex in suburban Charlotte, North Carolina, has sold for the second time in a little over two years.
April 20, 2026
Rising vacancy among midtier apartments emerges as pressure point in DC area
Washington, D.C.'s apartment market is undergoing a change, with weakness increasingly concentrated in its midtier, three-star properties rather than at the high-end, four- and five-star buildings, increasing pressure on owners of midpriced properties.
April 20, 2026
JLL alum returns to lead nonprofit practice; Avison Young boosts Denver sales group; Newmark grows infrastructure team
Allison Buck returned to JLL as the firm's managing director for its nonprofit, education and government practice in the New York area. Buck previously spent three years at JLL in transactional advisory and tenant representation roles before leaving for Savills. Joining her as a senior associate is fellow Savills alum Ella Berckmans, who will support business development and client servicing initiatives within the division, the company said.
April 20, 2026
Fairlawn Real Estate acquires 202-unit Louisville-area portfolio
Fairlawn Real Estate, based in Chicago and Champaign, Illinois, purchased 202 apartments across the Louisville area for $31.25 million.
April 17, 2026
Skanska wins significant approval for mixed-use project in Boston medical, academic district
Skanska received a significant approval from a Boston city commission to proceed with a 1.7 million-square-foot, mixed-use complex on a portion of the Simmons University campus.
April 17, 2026
Battle Creek, Michigan, rental complex sells
An investor acquired the Villas of Charlemagne, a 30-unit multifamily community at 709 Toulouse Blvd. in Battle Creek, Michigan, for $3.15 million, or $105,000 per unit.
April 17, 2026
San Diego senior housing complex changes hands
Pacifica Cos. acquired Chamoune Gardens, a 96-unit rent-subsidized senior housing complex at 4225 Chamoune Ave. in San Diego, from a private investor, Mark Ostrow, for $12.6 million, or $131,250 per unit, its first sale in more than 20 years.
April 17, 2026
Some Nashville apartment owners start dropping concessions
Slowing construction and steady demand are affording some apartment owners in Nashville, Tennessee, a luxury they have not known for a while: renting their units without offering concessions. The number of apartments offering rent concessions has generally decreased over the past several months, allowing the market to start tightening its high vacancy rate.

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