Cities
NMHC’s 2019 Apartment Strategies Outlook Conference Coverage
From sessions ranging from an economic outlook and market expectations, to investor obstacles, the conference covered an array of subjects that outline the multifamily market’s future.
Lion Real Estate Expands Nashville Footprint
The acquisition, valued at more than $13 million, adds 160 units to the firm’s portfolio. The community last changed hands in 1990.
Top 10 Florida Multifamily Completions in 2018
Almost 33,000 units were added to Florida’s multifamily markets last year, 1,300 more than the year before, with major developments completed in each of the state’s key metro areas.
Suburban Atlanta Community Changes Hands
Bell Partners has expanded its multifamily portfolio in Georgia to nine assets by acquiring a 24-building property located in Kennesaw.
Goldman Sachs Affiliate Acquires Portland-Area Asset
The 240-unit community located in Camas, Wash., marks Goldman Sachs Asset Management Private Real Estate’s 23rd multifamily investment in the U.S.
LA Community Sells for $26M
An institutional investment fund purchased Morton Gardens, a 66-unit community in the city’s Echo Park neighborhood.
Multifamily Brooklyn Report – Winter 2019
Despite a significant rise in deliveries, rents for Lifestyle units grew 3.4 percent and the occupancy rate stayed at 98.1 percent, among the highest in the U.S.
Nautilus Buys Community in Chicago’s Hyde Park
Interra Realty facilitated the $6 million transaction. Joe Smazal worked on behalf of the seller, while Ted Stratman and Jeremy Morton represented the buyer.
Former MA Dormitory Turns Into Affordable Community
Kennedy Hall at Cardinal Cushing Center found new life as the 37-unit Bethany Apartments. NEI General Contracting, The Architectural Team and Horsley Witten Group were part of the project.
Draper and Kramer Makes New Promotions
Edward Polich, Blas Puzon, Julie Stevlingson and Christine Ramsey moved to new positions or expanded their roles within the company’s Chicago office.