All Multifamily Articles

• Where in Arizona does $1,500 get you the most apartment space? - Read Article

  Where in Arizona does $1,500 get you the most apartment space?

  2024-08-30T09:35:00-07:00

  Curious to know where to get more apartment space for your dollar? Arizona cities offer a surprising range of square footage for $1,500 rent a month, with the most apartment space nearing 900 square feet within that budget. Notably, Metro Phoenix renters in the West…

  
• Metro Phoenix apartment boom continues in 2024. Will it last?  - Read Article

  Metro Phoenix apartment boom continues in 2024. Will it last? 

  2024-08-30T09:25:00-07:00

  RentCafe‘s 2024 Apartment Construction Report unveils surprising trends nationwide, including the Metro Phoenix apartment boom and its role in the market.  MORE NEWS: AZRE’s Most Influential Women in Commercial Real Estate for 2024 • Metro Phoenix is…

  
• 2 Arizona cities in the Top 10 best cities for renters - Read Article

  2 Arizona cities in the Top 10 best cities for renters

  2024-08-06T12:10:00-07:00

  For our 2024 Best Cities for Renters report, we thoroughly examined 20 key factors such as economic strength, apartment quality, traffic, air quality, and natural amenities. Scottsdale and Gilbert came out on top,…

  
• Phoenix ranks No. 2 for biggest rent increase in the U.S. - Read Article

  Phoenix ranks No. 2 for biggest rent increase in the U.S.

  2024-07-12T18:05:18-07:00

  Over the past five years, average rents have hit record highs in almost every major U.S. metro area. Data from SpareRoom, the leading roommate matching site, suggests that in 10 years,…

  
• $120M financing secured for 26-story Ray Phoenix in Downtown Phoenix - Read Article

  $120M financing secured for 26-story Ray Phoenix in Downtown Phoenix

  2024-07-10T10:10:00-07:00

  JLL Capital Markets announced today that it has arranged $120 million in construction financing for the development of Ray Phoenix, a 401-unit, 26-story multi-family residential building located in downtown Phoenix, Arizona.  …

  
• Subtext plans 15-story VERVE Tempe student housing in Tempe - Read Article

  Subtext plans 15-story VERVE Tempe student housing in Tempe

  2024-07-05T04:10:14-07:00

  Subtext, a national student and multifamily housing developer, announced today that it will start construction at 1011 E. Orange St. in Tempe, Arizona for the development of VERVE Tempe, a…

  
• Phoenix rental market remains fiercely competitive  - Read Article

  Phoenix rental market remains fiercely competitive 

  2024-07-01T18:00:00-07:00

  RentCafe’s report on America’s toughest rental markets at the beginning of the 2024 rental season is out now — and here’s what renters in your metro can expect this summer: The Phoenix rental market remains fiercely competitive this season as many…

  
• How small is Phoenix apartment space compared with other cities? - Read Article

  How small is Phoenix apartment space compared with other cities?

  2024-06-25T09:00:41-07:00

  If you feel crammed in your Phoenix apartment, that’s because you’re living in the tightest rentals in Arizona. Moreso, Phoenix saw the smallest apartment space upgrade, four times less than Tucson, according to RentCafe’s latest Apartment Size Report. MORE NEWS: Experts say…

  
• Minimal rent growth expected in 2024, analysis shows - Read Article

  Minimal rent growth expected in 2024, analysis shows

  2024-06-25T08:40:00-07:00

  U.S. multifamily rent growth and occupancy have deteriorated since the 2022 peak, and the 2024 Multifamily Outlook from Yardi Matrix anticipates further deceleration in the second half of this year. MORE NEWS:…

  
• Weylyn Luxury Apartments are now open in Laveen - Read Article

  Weylyn Luxury Apartments are now open in Laveen

  2024-06-20T14:35:00-07:00

  Weylyn Luxury Apartments, Laveen’s newest high-end community, is now open and welcoming new residents. Nestled in the heart of the upcoming South Mountain corridor, Weylyn Luxury Apartments is conveniently located…

  
• Ranking Arizona: Top 10 multifamily management companies for 2024 - Read Article

  Ranking Arizona: Top 10 multifamily management companies for 2024

  2024-06-04T10:35:00-07:00

  Here are the Top 10 multifamily management companies in Arizona, based on public voting for the 2024 edition of Ranking Arizona, the state’s biggest and most comprehensive business opinion poll. Ranking Arizona…

  
• Transwestern completes Vero in Novus Innovation Corridor - Read Article

  Transwestern completes Vero in Novus Innovation Corridor

  2024-05-27T15:35:00-07:00

  Transwestern Development Company (TDC) and its investment partners, Globe Corporation and University Realty, announce the completion of Vero, a 199-unit, seven-story apartment community at 651 E. 6th St. in Tempe’s…