South FL Luxury Apartments Sell for $68.2M
The 400-unit luxury community’s previous owner invested more than $3 million in capital improvements, repositioning the community for its sale price of $170,500 per unit.
On the Market: 5 Interesting Listings for the Week of 4/24
Last week’s listings include two recently built student housing properties: an amenity-laden 661-bed property catering to students at the University of Florida and a 173-bed community located four blocks from the University of Wisconsin – Milwaukee.
Philadelphia’s Apartment Revival
Yardi Matrix’s spring outlook for the City of Brotherly Love cites steady employment and population increases as a reason for the market’s increase in popularity. Demand is especially strong among job-seeking Millennials and Baby Boomers looking to downsize.
Blinds Between Glass Keep Rooms Cool, Reduce Damage
ODL’s Blink Blinds + Glass encases blinds within insulated glass, avoiding the dust accumulation, tangling and breakage that often occurs with traditional blinds.
On the Market: 5 Interesting Listings for the Week of 4/17
This week’s listings include a newly renovated and college-adjacent property in Rowland Heights, Calif., and a 28-unit Phoenix community offered for less than $1 million.
Bedly Attracts Young Urban Renters
The startup online and mobile platform has raised $2.7 million in venture capital since its early launch in mid-2016.
On the Market: 5 Interesting Listings for the Week of 4/10
MHN’s recent finds include two Colorado properties: one in the burgeoning Colorado Springs student housing market, and a historic four-unit property in Denver built in 1890.
March Rent Jumps Significantly
According to Yardi Matrix, MMarch marked the first rent increase in five months, reflecting unexpected growth in the face of tax and regulatory uncertainty.
On the Market: 5 Interesting Listings for the Week of 4/3
This week’s assets include two student housing properties: a 528-bed community with a pool located less than half a mile from Georgia Southern University and a sleek 2017-built property near the University of Texas in Austin.
IW25 In-Wall Dehumidifier
Innovative Dehumidifier Systems is touting its debut product as the only multifamily-unit-size dehumidifier on the market. The freestanding product is discreet and works automatically, removing as much as 22 gallons of water in one unit per week.