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
Construction Tops Out at Luxury Seattle Tower
Laconia Development is the firm behind the 342-unit condo building in the waterfront neighborhood of Belltown.
Construction Delays Continue for Multifamily Developers
A majority of multifamily developers report that the pandemic has slowed their projects, according to the latest update from NMHC.
Sovereign Property Management Secures $92M for Delaware Portfolio
The owner landed refinancing loans for four apartment communities totaling 902 units.
July Rent Payments Reach 88 Percent
NMHC’s latest report comes shortly before additional unemployment benefits and several eviction moratoriums are set to expire.
Mack-Cali Affiliate Lands $162M Refi for Arlington Asset
The 825-unit apartment community is located near Amazon’s planned HQ2 development in Crystal City.
Senior Housing Occupancy Slips to All-Time Low
Properties across the country sustained declines in the second quarter, according to the National Investment Center for Seniors Housing & Care.
July Rent Payments Hit 77.4 Percent
NMHC’s latest report comes as the industry eyes the looming July 31 expiration date for supplemental federal unemployment benefits.
Alterra Lands $120M for Philadelphia Mixed-Use Project
The loan will be used in the construction of a 410-unit development near the Center City neighborhood.
Rent Payments Reach 89 Percent
The latest numbers from NMHC offer a glimpse into the performance of 11.5 million multifamily units across the country.
When Benefits Run Out, What Happens to Rent Relief?
With some unemployment benefits from the CARES Act set to expire at the end of next month, industry groups are pushing for more federal aid.