Cities
Demographic Shifts Pick Up Speed in Orange County
Employment gains, a moderate supply of new development and a high barrier to homeownership have bolstered strong multifamily demand, pushing up rents and keeping occupancy over 96 percent.
Lexerd Lands $39M FL Apartments
Springs at Braden River is a 270-unit garden-style community in Bradenton, Fla. The company acquired it from Continental Properties.
Oil Prices, Supply Still Influence Market in Houston
The city’s apartment market continues to struggle as oil prices remain below $50 a barrel with little prospect that they will rise soon.
XFD Unveils IL Student Housing Community
In partnership with Lewis & Clark Real Estate, the company debuted the 428-bed, mixed-use 212 East, located in Champaign, Ill. The community will serve the students of the University of Illinois.
Tourism’s Power a Draw in Orlando
The city’s multifamily market is thriving due to healthy tourism, above-trend population gains and a rapidly growing economy.
The Priciest Zip Codes in Texas
Apartment search portal RentCafe ranked the 50 most expensive Zip Codes in Texas. Guess which one took the top spot?
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales for July 2017 in New York City.
Legacy Partners Adds New VP to Denver Office
Mike Holt was previously the regional manager of BH Management. In his new role, he will oversee and expand the company’s Denver portfolio, which encompasses more than 2,400 units.
Monogram Expands MA Footprint With Boston Buy
The company acquired The Washingtons, a 182-unit community in Melrose, Mass. JLL’s capital markets team brokered the deal.
Greysteel Brokers Sale of DC Regenesis Portfolio
The five affordable properties include 482 units. President & CEO Ari Firoozabadi, Managing Director Kyle Tangney and Senior Investment Associate Alicia Orkisz arranged the transaction.