Business Specialties
Building Barometer: Are Developers Ready for a Slowdown?
Although the multifamily pipeline remains robust for now, developers and lenders are becoming more selective as the cycle matures.
RADCO Acquires $41M GA Property
Called Indian Trail Apartment Homes, the community is a 467-unit, Class B property in Norcross, Ga. The company plans a $10 million renovation.
Cordish Tops Off $120M MO High Rise
Scheduled to open in 2018, the 296-unit Two Light is the second new construction high-rise apartment building in downtown Kansas City in the last 50 years.
Amazon Introduces Multifamily Package Lockers
The online retail giant is expanding its offerings from its existing Amazon Lockers by adding the Hub, a new package management system tailored for multifamily properties.
Inside NYC’s Multifamily Climate & Trends
Jodi Stasse, senior managing director of new developments for Citi Habitats and Corcoran Sunshine, discusses how the political climate has affected the area’s development, and what investors should be looking for in the future.
TX Developer Starts Work on CA Student Housing
Fountain Residential Partners broke ground on the 174-bed Campus Walk community in Chico, Calif. The property will serve the students of California State University-Chico and Butte College.
Inland Lands 332-Unit AL Community
A nonlisted multifamily REIT sponsored by the company purchased The Verandas at Mitylene in Montgomery for $37 million. The asset was formerly managed by Flournoy Properties.
SALT Cooks Up Luxury Living
The company has completed a $100 million community in downtown Salt Lake City. Greystar is managing the 493-unit property, which features a sports club, heated spas and a yoga and spin room.