Business Specialties
University Developments Brings Student Condos to Miami
The 492-unit University Bridge Residences will serve Florida International University students and is scheduled for completion in time for the 2020-2021 academic year.
Unearthing Alpha: Where are the Next Opportunities?
The job market continues to be the most telling gauge of performance, fueling demand for all property types.
JOLTS Survey Indicates Trouble in Job Market
Underneath the surface, troubling signs of structural unemployment lurk. The labor force participation rate has yet to show any signs of rebounding during the recovery.
The Residences at Annapolis Junction Welcomes Residents
The 416-unit luxury property is the residential component of a mixed-use TOD developed by Somerset Construction and Armada Hoffler in Howard County, Md. The project will also include an intermodal parking structure, Class A office space and retail.
The Senior Housing Boom’s Ripple Effect
Assisted living occupancy fell to its lowest in eight years, despite record absorption, according to NIC’s 2017 second quarter report. San Jose had the highest occupancy, while Detroit recorded the biggest rent growth.
Jersey Asset Commands $147M Refi
New York Life originated a 10-year loan on behalf of Sterling Properties. The asset is located in a northern New Jersey market with high barriers to entry.
Taurus Snags $34M Raleigh Community
Acquired from Chaucer Creek Capital, the 23-year-old property in the city’s Northwest submarket is slated for a major makeover.
Pathfinder Expands Portland-Area Footprint with Sixth Acquisition
The company purchased The Habitat, an 85-unit community previously owned by Fowler Property Acquisitions. Cody Hagerman and Greg Fink of Portland-based HFO Investment Real Estate brokered the $15 million transaction.
Farb Homes to Start High-End Houston Project
The developer will begin work on the 264-unit community in late August and expects to deliver the project within 24 months.
Master Plan Brings Green to SoCal Desert
Family Development and Presidio Residential Capital have received the go-ahead for a 660-acre development in Riverside County, Calif. Comprising apartments, condominiums, townhomes and single-family homes, the project would be the first of its kind in the Coachella Valley.