Leasing & Marketing

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FinanceInvestment SalesLeasing & MarketingMarket ReportsNewsOperations

NMHC Chief Economist Chris Bruen on Why Lending Conditions Worsened in Third Quarter

by Lynn Peisner

Multifamily owners are facing sharply worsening capital conditions even as market fundamentals have changed relatively little, according to the National Multifamily Housing Council’s latest Quarterly Survey of Apartment Market Conditions, released Oct. 22. NMHC’s quarterly survey evaluates the multifamily sector across four benchmarks: market tightness, which reflects changes in vacancy and rent conditions; apartment sales volume; equity financing availability; and debt financing conditions. In practical terms, a tighter apartment market generally means lower vacancies and stronger rent growth, while a looser market generally means higher vacancies and weaker rent growth. …

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DevelopmentGeorgiaLeasing & MarketingNewsSoutheast

ECI Group Begins Leasing $60M Development in Metro Savannah

by Lynn Peisner

RICHMOND HILL, GA. — ECI Group has begun pre-leasing at The Averly Richmond Hill, a $60 million, 291-unit development in Richmond Hill, approximately 20 miles south of Savannah, Georgia. The gated community offers 243 one-, two- and three-bedroom apartments and 48 three-bedroom townhomes that feature a private porch or balcony. Amenities include an 8,400-square-foot clubhouse, package room, coworking space, a coffee bar, resort-style pool, golf simulator, a dog park, an open lawn with hammocks, a fire pit and table tennis and detached garages and storage units for rent. Atlanta-based ECI …

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DevelopmentFloridaLeasing & MarketingNewsSoutheast

Morgan, Carlyle Complete Caroline in Pompano Beach, Florida

by Lynn Peisner

POMPANO BEACH, FLA. — Morgan and Carlyle have opened Caroline Pompano Beach, a 352-unit community at 1200 NE 23rd St. within Pompano Citi Centre, an open-air lifestyle retail center in Pompano Beach. The project was a redevelopment of a former Macy’s department store. Caroline Pompano Beach includes eight four-story residential buildings housing studios, one-, two- and three-bedroom units. Amenities feature a coworking lounge with private offices, a conference room and work pods; a coffee bar; a clubhouse with catering kitchen, billiards table and television lounge; and a fitness center; resort-style …

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DevelopmentLeasing & MarketingNewsTexas

Larkspur Begins Leasing Juniper in Dallas’ Expo Park

by Lynn Peisner

DALLAS — Larkspur Capital has begun pre-leasing at Juniper, a 219-unit community in Dallas’ Expo Park neighborhood. Located at 4003 Commerce St., the seven-story Juniper was designed by Dallas-based architecture firm Corgan. OHT Partners was the general contractor. The property features studios and one- and two-bedroom apartments as well as penthouses, townhomes and ground-floor retail. Amenities include a private half-acre park, coworking spaces, indoor-outdoor clubhouse, fitness center, pickleball court and a third-floor resort-style pool deck with views of the downtown Dallas skyline. Juniper is across the street from the Willow, …

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DevelopmentGeorgiaLeasing & MarketingNewsSoutheast

Portman Completes, Begins Leasing Meadow Glen Village in Metro Atlanta

by Lynn Peisner

FAIRBURN, GA. — Portman has completed and opened Meadow Glen Village, a 332-unit development in the Atlanta suburb of Fairburn. The community is comprised of one- and two-bedroom units across nine residential buildings. Apartments feature stainless steel appliances, luxury vinyl plank flooring, walk-in closets and private balconies. The project also includes a central town green and 12,200 square feet of retail. Meadow Glen Village features a resort-style pool with grilling areas, a dog park and green spaces. Summit Contracting Group was the general contractor.

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DevelopmentIllinoisLeasing & MarketingMidwestNews

Cross Street, Mavrek Launch Leasing at Chicago’s Belmora

by Lynn Peisner

CHICAGO — Cross Street and Mavrek have begun preleasing at Belmora, a 46-unit community at 919 W. Belmont Ave. in Chicago’s Lakeview neighborhood that includes 5,700 square feet of ground-floor retail space anchored by Studio Three, a locally based fitness company. A second building at 917 W. Belmont Ave., will be completed later this year and will include an additional 46 apartments and 5,3000 square feet of ground-floor retail space, anchored by Foxtrot Café & Market. The community offers studios through two-bedrooms with monthly asking rents ranging from $2,095 to $4,875. …

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Keys
FeaturesLeasing & MarketingOperations

Five Keys to Boosting Lease Renewals

by Lynn Peisner

When rent growth is slow, property managers reset priorities. In 2025, rent growth was essentially flat. One reliable third-party source (Yardi Matrix) reported that U.S. multifamily advertised rents ended 2025 with zero percent year-over-year growth, while another data provider (brokerage giant Cushman & Wakefield) reported a 1.1 percent annual increase in asking rents nationally. The first half of 2026 seems to be more of the same, with Yardi measuring 1 percent rent growth.  In the absence of record-breaking rent hikes — 15.3 percent at the start of 2022, per RealPage …

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DevelopmentIllinoisLeasing & MarketingMidwest

Related Midwest Begins Leasing Chicago Tower

by Lynn Peisner

CHICAGO — Related Midwest has begun leasing the north tower of 400 Lake Shore Drive, a 72-story community in Chicago’s Streeterville neighborhood. Full completion is slated for March 2027. The 635-unit north tower is the first phase of a planned two-tower development. Details on development of the second tower have not been disclosed. The building offers two clusters of apartments. One is called The Collection, which spans floors three through 43, and the other is referred to as The Residences, which occupies floors 46 through 70. Each will feature its …

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DevelopmentFloridaLeasing & MarketingNewsSoutheast

Woodfield Development Opens $100M Luxury Mixed-Use Project on Florida’s Space Coast

by Lynn Peisner

PALM BAY, FLA. — Woodfield Development has completed and opened Tides at Palm Bay, a $100 million, 318-unit, mixed-use property in Palm Bay on Florida’s Space Coast. The community features 318 luxury apartments alongside 19,000 square feet of commercial space. The development includes studio, one-, two- and three-bedroom units, with asking rents ranging from $1,600 to $4,200 per month. Amenity highlights include a lounge with gaming areas, fitness center, resort-style pool, outdoor kitchen and grills, fire pit, dog park and a courtyard with central green space. The project team included …

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Build-to-RentDevelopmentGeorgiaLeasing & MarketingNewsSoutheast

NexMetro Opens Avilla Holloway in Stockbridge, Georgia

by Lynn Peisner

STOCKBRIDGE, GA. — NexMetro has opened the first units at Avilla Holloway, a 136-unit build-to-rent property on 14 acres in the Atlanta suburb of Stockbridge. The gated neighborhood features single-level, mostly detached homes in one-, two- and three-bedroom floor plans with private entrances, front porches and private backyards. Amenities include a resort-style pool and hot tub, outdoor kitchen and grills, dog park (no breed restrictions), landscaped open spaces, an indoor community meeting space, covered parking, optional garages and a 24-hour maintenance team. A second NexMetro Avilla project in the Atlanta …

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