Lennar sells majority stake in multifamily business, signaling strategic shift
Lennar sold a majority stake in Quarterra to TPG amid a $75 million loss in 2025, enabling the builder to focus more on core homebuilding.
Multifamily
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TD Bank expresses cautious optimism for affordable housing in 2026
A TD Bank survey shows that half of affordable housing professionals believe market challenges will affect their deal pipelines next year.
PadSplit expands co-living services to 4 new cities
Founded in 2017, PadSplit operates in more than 35 markets and has listed more than 28,000 rooms, housing 65,000-plus people.
Glut of new supply drags down BTR and multifamily rental rates in the Sun Belt
Rents for multifamily and built-to-rent homes declined in Sunbelt markets amid new supply, but Midwest and Northeast cities saw growth. National occupancy remained steady.
LISC appoints Valerie White to lead national housing strategy
White will oversee the organization’s national housing investments, with a focus on affordable housing.
Rent collections improve slightly, but late payments signal strain
Compared with August 2024, the on-time payment rate is down 216 basis points. That marks the 25th consecutive month of annual declines.
WFG National Title added to Fannie Mae’s multifamily approval list
WFG provides escrow services and funding functions on behalf of its agents, a capability now required for Fannie Mae multifamily closings.
Redfin: Multifamily housing permits fall from pandemic highs
Developers secured an average of 12.8 permits for buildings with at least five units per 10,000 people from July 2024 through June 2025.
New Jersey AG hits RealPage and 10 landlords with antitrust suit
RealPage was hit with yet another antitrust lawsuit this week, this time from New Jersey Attorney General Matt Platkin.
Dunmor CEO Franck Ruimy on Newfi partnership and the residential investment lending sector
Even as high interest rates impact the housing market, Dunmor’s CEO anticipates a strong year for investor purchases and new developments.