Record Supply Moderates Rent Growth in St. Louis
The city’s job gains are somewhat middling, but a below-trend unemployment rate means that housing continues to be in high demand.
Internet Connectivity for Multifamily
Multifamily property owners and managers need a better way to cater the growing need for stronger internet access across multiple devices, as it represents a top amenity for prospective renters.
Facebook Marketplace Gets Into Real Estate
Marketplace continues to be a big focus for Facebook, which intends on turning its social network into a portal for everything, from checking the weather and buying movie tickets to now listing your apartment or home.
Social Media Impact on Multifamily Industry
The use of social media in multifamily industry is becoming a commonplace in both small and large businesses. In 2017, 2 billion people use Facebook each month, 328 million use Twitter, 700 million use Instagram and 166 million use Snapchat.
Hines to Expand UK Footprint
In a joint venture with Henderson Park, the firm plans to open a 630-bed student housing property in Lancaster, U.K.
What to Expect from Student Housing in 2018
Student housing continues to be a dynamic part of the multifamily market. In the upcoming year, developers will be focusing on creating more affordable housing options in order to satisfy students’ needs
What Students Want in Accommodations
You may think that a rooftop infinity pool or other luxury amenity is what students want, but in reality, they are looking for basic features such as proximity to campus, Internet access and a decent room size.
Marcus & Millichap Secures Saint Paul Asset
Located between downtown St. Paul and downtown Minneapolis in the Merriam Park neighborhood, 1880 Marshall Ave. was built in 1964 and renovated in 1978.
Inland Acquires $95M Denver Asset
Conifer Creek last traded in 2013, when Grand Peaks Properties sold it for $54.4 million. The community was 96.9 percent occupied as of May.
Opus Completes 217-Unit Luxury Community
Together with AIG Global Real Estate, the company recently completed Citizen Park, a 10-story luxury community situated in the heart of the historic Central West End neighborhood of St. Louis. The firm also landed its first tenant for the retail component.