Cities

Knoxville Multifamily Report – Summer 2019

The metro’s economy is accelerating, strengthening market fundamentals and pushing year-over-year rent gains above the 3.4 percent national average as of July.

Chicago Condominium Welcomes First Residents

The 50-unit luxury tower is located alongside the Chicago River in the city’s River North neighborhood.

Top 5 NYC Multifamily Sales

PropertyShark compiled the top 5 multifamily sales recorded in August 2019 in New York City.

Sacramento rent evolution, click to enlarge

Sacramento Multifamily Report – Summer 2019

The metro is now largely a landlord’s market due to limited inventory growth and the Bay Area’s exodus.

How to Prevent Cost Overruns in Multifamily Construction

Richard Lara, president & CEO of California-based RAAM Construction, explains how developers can save money and avoid delays in project deliveries.

Broadtree Residential Pays $69M for Atlanta-Area Asset

The REIT managed by Broadstone Real Estate has added a 296-unit community to its growing portfolio.

LIHTC Pilot Speeds Up Affordable Financing

A Tennessee affordable housing community catering to seniors and disabled residents became the first property financed by HUD’s Atlanta office under the new LIHTC Pilot program.

MG Properties Buys Arizona Community for $110M

Everest Holdings sold the 512-unit property in the Chandler submarket, which leads the Phoenix metro area in multifamily absorption.

Orlando Matrix Report Photo by Sean Pavone iStockphoto.com

Orlando Multifamily Report – Summer 2019

Boosted by gains in well-paying employment sectors and the evergreen appeal of the area’s touristic attractions, Central Florida’s rental market remains a safe bet.

Value-Add Jacksonville Community Sells for $14M

Newmark Knight Frank assisted InvestRes in the disposition of the 176-unit asset located in the St. Nicholas neighborhood.