Cities
Nashville Multifamily Report – Winter 2019
Boosted by its creative class, Nashville has emerged over the past decade as among the most desirable places to do business in the U.S. The trend is fueling multifamily rental demand, and developers are bringing new product on line at a record pace.
Nonprofit Breaks Ground on Affordable LA Project
Clifford Beers Housing’s Vistas del Puerto Apartments in Long Beach encompasses 47 apartments for formerly homeless individuals and families as well as residents with chronic health conditions.
Baldwin & Sons Debuts San Diego-Area Community
Alay at Otay Ranch Town Center is situated roughly 20 miles from the city’s downtown, providing proximity to major employers and various entertainment attractions.
New Condo Project Breaks Ground in South Austin
The upcoming development aims to accommodate the “missing middle” segment in Austin, with the price of the units ranging between $200,000 and $400,000.
Trez Forman Expands, Opens Atlanta Office
Russ Holland will lead the private real estate lender’s expansion in the metro, which is intended to become the company’s Southeast U.S. hub.
Salt Lake City Loft Project Breaks Ground
The 195-unit property will include an automated parking structure and will be the first project in Utah to take advantage of the federal Opportunity Zone program.
Falcon Pacific Builders Tops Out Queens Project
Developed by the Saab Family LP, the 50-unit mixed-use building in the Astoria neighborhood is on track to be completed by November.
Charlotte Multifamily Report – Winter 2019
Above-average employment growth and positive demographic trends have boosted investment activity across the metro, where $2.5 billion in multifamily assets changed hands in 2018.
In the Spotlight: Atlanta’s Multifamily Market
Tom Underwood, operations director at Hoar Construction, addresses the factors shaping the metro’s multifamily market, including challenges in the construction sector.
Fully Affordable Portfolio Trades in OH
Independent Management Services purchased Shelton Gardens and Reids Valley View Manor for $4.8 million. The two assets have 254 units combined.