Jackson Chen is a Connecticut-based freelance writer who has reported on real estate for more than five years. He cut his teeth with real estate journalism when he previously wrote for Real Estate Weekly, the longest-running real estate publication in New York City. He has been writing for Multi-Housing News since late 2019.
Most Developers Facing Construction Delays: NMHC
The organization’s latest survey shows 83 percent of delays were due to permits.
Morgan Properties Expands in North Carolina
A $7 million value-add strategy is planned for these newly acquired communities.
Grosvenor Breaks Ground on Mixed-Use California Community
Scheduled for completion by the second quarter of 2024, the property was designed by Solomon Cordwell Buenz.
Equus Capital Sells Philadelphia-Area Community
Three years after completing the property, the company has sold the 186-unit property in Lansdale.
Bonaventure Sells Virginia Community for $100M
Berkadia facilitated the sale of the 289-unit property that was completed in 2020.
Blue Vista, StepStone Form $90M Student Housing JV
The partnership’s first venture is a 671-bed project in Atlanta that will be located a block from Georgia Tech.
NewStar Exchange Buys Orlando-Area BTR Community
The new subsidiary focuses on Class A assets in key Sun Belt markets.
Aventon Cos. Breaks Ground on Raleigh-Area Community
Scheduled for completion in fall 2023, the property will be located near Apple’s future campus in Cary.
Cortland Acquires Scottsdale Community for $75M
The firm bought the garden-style community from a partnership between Edgehill and Tanbic Co., which renovated the property extensively.
Space Craft, Swinerton Secure $93M for Charlotte Project
The developers landed financing for the second phase of this mixed-use development.