Holly Dutton is a Senior Editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2018 and has reported on the real estate sector since 2012. She was previously with Real Estate Weekly and the Houston Chronicle. Connect with her on twitter: @HollyDutton
September Rent Payments Dip to 76 Percent: NMHC
The latest figures were pulled from more than 11 million rental units but do not reflect a large swath of the multifamily market that has been hit the hardest by COVID-19.
RADCO Sells 7 Properties for $316M
The firm sold the apartment communities in four separate deals, all closing on the same day.
Chandler Residential Pays $80M for Atlanta Community
The purchase of the 500-unit property marks the firm’s third acquisition in the metro over the last 18 months.
Trump Administration Orders Nationwide Eviction Ban
The CDC ordered the sweeping moratorium, citing health risks due to the pandemic.
29th Street Capital Expands Houston Portfolio
The firm purchased a 350-unit community in the Katy suburb, marking its 11th acquisition in the metro.
Wood Partners Lands $86M Refi for Miami Tower
The 387-unit mixed-use community is located in the Midtown neighborhood and was completed last year.
Panorama Holdings Lands $45M Loan for Charlotte Project
The loan will go towards the construction of a 314-unit community near the University of North Carolina at Charlotte.
JV Breaks Ground on Suburban New York Community
NRP Group and RPW Group are developing the 303-unit apartment building on the former location of the tech giant’s headquarters.
Suburbs Outperform Cities as Renters Relocate: Report
Rent prices in urban city centers are down for the first time in a decade, according to a new report from Marcus & Millichap.