Multifamily Housing

Built-for-rent multifamily starts jump 18% in Q4 2025

build-for-rent, Marketing & Sales, Multifamily, Multifamily Housing, The Builder's Daily / Ricky Vasquez

Built-for-rent multifamily construction surged at the end of 2025, extending the cycle’s heavy tilt toward rentals and keeping average apartment sizes below pre-Great Recession levels, according to a National Association of Home Builders (NAHB) analysis of Census Bureau data. NAHB Chief Economist Robert Dietz reported that 96,000 multifamily units started construction in the fourth quarter […]

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Crexi adds residential rental data as rent algorithms face limits

Data & Analytics, Multifamily Housing, Residential Real Estate, Technology, The Builder's Daily / Ricky Vasquez

Strong, accurate residential rent data is becoming a prized asset as lawsuits, regulators and new state laws upend how landlords set rents. Los Angeles-based commercial real estate platform Crexi is moving to capitalize on that demand. The company has partnered with Dwellsy, a rental marketplace with extensive residential properties, to plug rent data into Crexi

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HUD orders housing agencies to verify tenant eligibility

Donald Trump, HUD, HWmember, Multifamily Housing, Politics, Public Housing, Real Estate, Renters, Scott Turner, Trump administration / Ricky Vasquez

The Department of Housing and Urban Development (HUD) has ordered public housing authorities and property owners participating in federal housing programs to verify tenant eligibility as it relates issues including undocumented immigration. HUD Secretary Scott Turner said the directive is part of a broader effort to review eligibility and compliance in HUD-assisted housing. “We will

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Lennar sells majority stake in multifamily business, signaling strategic shift

homebuilder, Homebuilders, Lennar, Multifamily, Multifamily Housing, The Builder's Daily / Ricky Vasquez

Lennar announced on Tuesday that TPG Real Estate has acquired a majority stake in Quarterra, Lennar’s multifamily vertical. Lennar will maintain a minority interest, but the deal signals a strategic recalibration as the builder’s multifamily business struggled with a sizeable net loss last year. In fiscal 2025, Lennar’s multifamily business experienced an operating loss of

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FHFA sets 2026-2028 housing goals for GSEs

Fannie Mae, FHFA, Freddie Mac, HWmember, Mortgage, Multifamily Housing, Regulatory, Single-Family Housing / Ricky Vasquez

The Federal Housing Finance Agency (FHFA) on Tuesday issued a final rule setting housing goals for Fannie Mae and Freddie Mac for 2026 through 2028, lowering benchmarks from 2025-2027 levels. The Federal Housing Enterprises Financial Safety and Soundness Act of 1992 requires the FHFA to establish several annual housing goals for single-family and multifamily mortgages

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PadSplit expands co-living services to 4 new cities

Affordability, Housing Market, HWmember, Multifamily, Multifamily Housing, Rental Properties, Renters / Ricky Vasquez

Co-living marketplace PadSplit is expanding into four new U.S. markets: Portland, Oregon; Seattle, Sacramento and Nashville. Founded in 2017, PadSplit operates in more than 35 markets and has listed more than 28,000 rooms, housing 65,000-plus people. The company said it focuses on access and flexibility, with no minimum credit score or long-term lease required, allowing

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Glut of new supply drags down BTR and multifamily rental rates in the Sun Belt

build-for-rent, Multifamily, Multifamily Housing, Policy, Rent Prices, The Builder's Daily / Ricky Vasquez

Rents for both multifamily and single-family built-to-rent units moved sideways over the last year. Still, rents in most major Sun Belt markets are down annually due to a glut of new housing, according to the latest Yardi Matrix National Multifamily Report. Meanwhile, rental growth is typically the strongest in the Midwest, Northeast, and California. This

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Court dismisses N.J. mayors’ challenge to affordable housing law

Affordable housing, HWmember, Legal, Low-Income Housing Tax Credit, Multifamily, Multifamily Housing, New Jersey, Real Estate, Rental Properties, Single-Family Rentals / Ricky Vasquez

A New Jersey Superior Court judge has dismissed lawsuits from a coalition of state municipalities seeking to overturn a new affordable housing law — dealing a major setback to opponents of the policy. Assignment Judge Robert Lougy on Tuesday rejected two suits filed by the Local Leaders for Responsible Planning, a group led by Montvale,

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Trump administration plans deep cuts to homeless housing program

Affordable housing, Donald Trump, Homelessness, HUD, HWmember, Multifamily Housing, Politics, Real Estate, Trump administration / Ricky Vasquez

The Trump administration is preparing to slash funding for permanent housing programs aimed at addressing homelessness and shifting billions toward transitional housing that requires work or service participation, according to a report from Politico. The Department of Housing and Urban Development’s (HUD) Continuum of Care program — the nation’s largest initiative to house people experiencing

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