10 Top Stories of 2024

Our editors compiled some of the most exciting news and trend stories of the year.

Despite economic uncertainty and a moderate amount of distress, there were some really big deals, developments and new opportunities this year. Here is our snapshot of the top news and trends that shaped the past 12 months.

1. More Distress Looms in Multifamily Finance. Here’s Why.

The debt category that’s especially at risk, and potential strategies for borrowers.

2. Greystar Takes Over Wood Partners Property Management Arm

More than 600 Wood team members will move to Greystar.

3. Where Are Office to Apartment Conversions Happening and Why?

These projects are surging, new research reveals. Here’s a look at the top metros leading the charge.

4. Blackstone to Acquire AIR Communities for $10B

The buyer will invest upward of $400 million in the AIR portfolio.

5. KKR Purchases $12B Portfolio

Extending from coast to coast, the assets total upward of 5,000 units.

6. Blackstone to Acquire Tricon Residential for $3.5B

Tricon has a $1 billion SFR development pipeline in the U.S.

7. How the Fed’s Rate Call Will Impact Multifamily

The buzz goes well beyond how big a rate cut will be announced on Wednesday.

In October, Fed Chair Powell announced the first interest rate cut since March 2020. Screenshot of the January 2024 Federal Reserve livestream by Gabriel Frank

8. Build to Rent Development. Here’s Where BTR Is Blooming

A new RentCafe report reveals the top 20 hotspots for deliveries and construction.

9. Student Housing Trends Shaping the Market in 2024

In the last article of our outlook series, industry experts delve into what to expect for the sector this year.

10. What’s Ahead for the GSEs Under the New Administration

There’s buzz about privatizing Fannie and Freddie. Here’s how that could happen.