Residential Sector

CDT and its partners undertook extensive renovations that benefit more than 2,900 residents.

A positive macro environment supports Veris Residential's strategic growth, said CEO Mahbod Nia.

Benjamin Schall said that strong demand and a reduced supply are driving a positive outlook for AvalonBay.

CEO Sam Landy says UMH expects to double rental revenue by splitting lots into multiple units.

Residential REITs own more than 1.3 million apartment units and more than 200,000 single family rental houses, as well as manufactured housing, RV parks, and marinas.

Supply pressures are expected to ease later this year, while absorption remains resilient.

UMH was named 2023 Manufactured Housing Institute operator of the year.

REITs are ensuring that on-time rent payments are being used to support residents’ credit history, among other initiatives.

The Tennessee-based multifamily REIT was a dominant player in the Sun Belt even ‘before it became cool.’