October 2016
Commentary and data were supplied by Michael Neal, a senior economist with the National Association of Home Builders (NAHB).
Chicago Presidential Towers Land $250M Financing
HFF secured the 10-year, fixed-rate loan on behalf of Waterton Residential.
5 Biggest Reasons Millennials Prefer Apartments to Homes
The number of 18- to 34-year-olds who own a home has fallen to a 30-year low and for the first time in more than a century, young people are now more likely to live with their parents than with a spouse.
5 Biggest Reasons Millennials Prefer Apartments to Homes
The number of 18 to 34-year-olds who own a home has fallen to a 30-year low and for the first time in more than a century, young people are now more likely to live with their parents than with a spouse.
Affordable Community Coming to East Harlem
L+M Development Partners and Tahl Propp Equities’ property will replace several parking lots that encompass nearly an entire city block.
Atlanta Residential Community Trades for $75M
PRP acquired Savannah at Park Place and intends to implement a $3.7 million renovation plan at the property.
Berkadia Completes Sale of San Antonio Property
The community, built in 1974, offers studio, one- and two-bedroom floor plans.
American Realty Advisors Sheds 816-Unit Southeast Portfolio
The company sold three multifamily communities in Georgia and Tennessee, with a helping hand from HFF.
Capstone Expands Property Management Portfolio
The affordable housing management company currently oversees approximately 34,000 multifamily units.
Smitha Seshadri Returns to BRIDGE Housing
In her new role as vice president, Seshadri will oversee the nonprofit developer’s construction and design standards, policies and procedures.