Cities
Next Step in Condo Design: Flexibility
The 22-story One Riverside in Philadelphia is a modern residential property not just because of its design and high-tech amenities but also because it caters to its residents’ unusual needs. Buyers could create their dream home by combining several units to accommodate their lifestyles.
LA-Area Affordable Senior Housing Lands Refi
The 114-unit community dates back to 2002 and is available for 55-plus residents, earning 60 percent of the area median income.
Top 10 Affordable Communities Delivered in Austin
Austin’s booming economy sustains increased demand for multifamily properties, and its rapid top-heavy growth is affecting housing affordability. Over the past 18 months, nearly 2,000 affordable units have been delivered in Austin.
Upstate NY Community Commands $59M
At 761 units across four buildings, Siara Management‘s Nob Hill Apartments is one of the largest communities in Syracuse, N.Y.
JV Tops Off Miami Tower
PARAMOUNT Ventures and CoastalTishman’s luxury condo asset, situated within the 27-acre, mixed-use Miami Worldcenter development, comprises 500 units and offers access to various amenities, including a yoga studio, an observatory and a dog park.
Gelt Nabs 2 San Antonio Properties
The adjacent communities include the 288-unit Barcelo and the 300-unit Melia. Both include swimming pools, grilling stations and business centers.
Top 10 Pittsburgh Apartment Owners
The metro’s slow-but-steady economic growth is reflected in an insignificant rise in apartment rents and tepid housing demand, with public authorities making up nearly half of the biggest owners.
Construction Surge Dilutes Rent Growth in Miami
Following another record-breaking year for multifamily deliveries, the metro is on the verge of oversupply. As new units add up to the existing stock, we expect rents to rise 3 percent in 2018.
Record Supply Takes Its Toll in Detroit
The high number of multifamily units completed in 2017 moderated rent growth, which nevertheless continues to outpace the national average.
J.C. Hart Acquires 102-Unit Indianapolis Community
Built in 2016, The Flats at Switch offers more than 9,800 square feet of retail space and was more than 90 percent occupied as of June.