Multifamily

Landlords shun federal rent relief over program requirements

The federal government wants to give landlords and tenants $50 billion to help keep renters in their homes —...

A reckoning on rent

Three of Petra Drauschak’s 14 tenants have abandoned their leases during the pandemic. One had already stopped paying by February 2020, when Covid began sweeping across the U.S., but Drauschak’s hands were tied by...

Knock, a CRM for landlords, raises $20M

Knock, which bills itself as the “front-office tech stack” for apartment landlords, has raised $20 million in growth equity to accelerate the rollout of new products, including virtual touring and leasing. The round, led...

Government auction includes old missile site, land with ocean views

Wanna buy a missile site? The former Cold War facility, dormant since 1974, is among a dozen U.S. properties...

Multifamily landlords feel pain as tenants miss rent payments

Multifamily property owners fared better in the past year than those in other real estate sectors, but as the...

NMHC chair David Schwartz on rent control fights and multifamily’s mission

Homes aren’t just homes anymore. During Covid, they’ve become offices, schools, gyms, places of worship and date spots, combining...

Multifamily’s trillion-dollar tango

Multifamily lenders and policymakers have taken much the same approach with evictions and mounting debt during the pandemic: Put things off and hope the rental market’s problems resolve themselves before it’s too late. That...

Apartment List’s latest capital raises brings valuation to $600M

Rental platform Apartment List has raised $50 million in a funding round, doubling its prior valuation to $600 million....

City for sale: Shekhter looks to unload mega-portfolio in Santa Monica

In what looks to be the largest development portfolio offering in Santa Monica in a generation, WSC Communities will...

WATCH: “When everyone’s hitting their pro formas, there’s no incentive to try anything else”: Common’s Brad Hargreaves on the future of multifamily