Cities
Demographic Expansion Pushes Up Demand in Dallas
Investors remain bullish, as $5 billion in multifamily assets traded in DFW last year. The recent construction surge has come at a cost, as the occupancy rate dropped by 40 basis points to 95.4 percent as of September 2017.
Top 10 Posts from 2017
Miss out on any MHN articles? Catch up with our most popular posts of the year.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales for November 2017 in New York City.
Colliers Closes $27M Seattle Sale
Citywalk Apartments is a 102-unit property in the city’s Northgate neighborhood. Built in 1987, the community includes four residential buildings and a clubhouse.
Houston Embarks on Healing Process
The outlook for the multifamily sector will brighten as residents in need of housing absorb the new supply. Rents showed positive growth for the first time in more than a year.
Security, Oaktree Buy $47M Colorado Asset
The joint venture has acquired The Lodge on 84th, a 300-unit community in Federal Heights that includes three laundry facilities, dog park and 426 parking spaces.
Rich Properties Nabs FL Development
Colliers International Northeast Florida Director Bradley Coe, Managing Director Douglas Blair and Associate Director Morgan Williams brokered the sale.
JPI Closes Sale of 362-Unit Austin Property
The class A Sur 512 includes amenities such as picnic and grilling areas, Bluetooth-enabled locks and 616 parking spaces.
Draper and Kramer Opens St. Louis Apartments
The Flats at EVO include 46 townhomes in Richmond Heights, Mo. This marks the second phase of EVO, which features an adjacent four-story, 281-unit community that opened last year.
Cranes Drive Growth in Las Vegas
Following a silent spell for significant real estate development in the Las Vegas Valley, the market is now flooded with major projects that the construction sector is struggling to deliver.