Business Specialties
Work Begins on Partially Affordable SLC Community
Millcreek Station will encompass 70 units. Of those, 56 will target households with incomes ranging from 25 to 50 percent of the area’s median income.
287-Unit Project Breaks Ground in South Salt Lake City
The development will replace four office buildings. Castlewood Development intends to finish work on the new multifamily project early 2020.
Top 10 Multifamily Loans Originated in Albuquerque
Heightened multifamily sales activity in the metro during the first three quarters has led to a boost in lending, with several investors securing Fannie Mae and Freddie Mac financing to cover their acquisitions.
Collaborating on Crisis Management
Panelists at NMHC’s 2018 OpTech Conference & Exposition in Orlando discussed the best ways to build a strategy for dealing with different levels of crisis at a community.
Vacasa Eyes Urban Short-Term Rental Market
The Portland, Ore.-based vacation rental management company is expanding into the multifamily market, seeking to fill the demand for urban short-term rentals and provide stable revenue for apartment property managers.
Michigan Communities Get $108M in Financing
Berkadia secured acquisition financing from Fannie Mae for two garden-style communities in Wyoming, Mich., and Grandville, Mich., on behalf of Torchlight Investors.
Airbnb Sues Boston Over Short-Term Rental Ordinance
The city’s regulations are seen as an effort to maintain housing affordability, but the apartment-sharing giant fights back.
A High-Tech Initiative to Streamline Construction
KB Home ProjeKt is an innovative partnership of KB Home, MiTek and Entekra for advanced off-site framing and optimized building processes.
Needs vs. Expectations: What Today’s Renters Want
In partnership with Kingsley Associates, NMHC unveiled the results of its Renter Preferences Report, shedding light on the factors that are most important to today’s multifamily residents.
NC Community Sold for $38M
Cushman & Wakefield represented The Sterling Group in the sale to Dasmen Residential.