June 23 - Starts rise 5% | $20M eco-conscious Phoenix apartments complete

Habitat Metro completes $20M eco-conscious apartments in Phoenix; Woodfield, Northwestern Mutual sell Florida apartment tower for $87M; Washington AG sues owners, operator for senior housing conditions

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Daily Dive

June 23, 2025 | Today’s news and insights for multifamily industry leaders

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U.S. Made Cabinets for Multifamily

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Multifamily starts rise 5% YOY for buildings with 5 or more units

Although debt is available for apartment developers, equity investors are very selective about the projects they choose to back.

Habitat Metro completes $20M eco-conscious apartments in Phoenix

Eco Phoenix, an Opportunity Zone property, offers solar power, greywater recycling and a car-share program.

Deals + Starts

Woodfield, Northwestern Mutual sell Florida apartment tower for $87M

Griffis Residential entered South Florida by purchasing Anya, a 223-unit high-rise in West Palm Beach.

ICYMI: The State of Applicant Fraud

Explore key trends, risks and solutions in applicant fraud with Snappt’s report for multifamily professionals. Download the report.

Washington AG sues owners, operator for senior housing conditions

The attorney general alleges the companies deceived tenants about rent increases and apartment features.

ALN Data Shows EliseAI Increases Occupancy by 2%

This landmark study, derived from ALN Apartment Data’s proprietary data set, measured the impact of AI on occupancy rates across 3,763 communities using EliseAI products. The results? A 2% increase in occupancy rates versus the market average. Read report.

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