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Holland Partners Sells Downtown LA Towers for $403M
Daydream Apartments has scooped up the pair of newly built, luxury apartment buildings, The Grace at Spring and The Griffin at Spring, which total 575 units.
Denver Multifamily Report – Summer 2019
Demand remained strong in the first five months of 2019, bolstered by population growth and employment gains, especially in high-paying professional services.
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Freddie Mac: Multifamily Market Still Going Strong
Multifamily net operating incomes and property prices rose throughout most of the nation while mortgage rates dropped, according to a new report from Freddie Mac.
Balancing Access, Risk in Today’s Flush Debt Market
Commercial real estate investors must select carefully among the numerous sources of debt today. With traditional lending sources and many newcomers competing for business, will underwriting remain disciplined?
Phoenix Multifamily Report – Summer 2019
The metro’s strong demand for multifamily housing, fueled by rapid demographic and economic growth, is projected to keep up with the development pipeline.
Google Invests $50M in Silicon Valley Fund
The investment is part of the company’s previously announced $1 billion commitment to help fund affordable housing in the Bay Area.
YOTELPad Miami Ready to Go Vertical
Aria Development Group and AQARAT are the sponsors of the luxury condo-hotel tower, said to be the first East Coast project of its kind. Completion is set for 2021.
Salt Lake City Multifamily Report – Summer 2019
The metro’s multifamily market continues to be strong, supported by job and population gains. Rents increased 3.0 percent year-over-year through May, 50 basis points above the U.S. growth rate.
Wood Partners Expands Houston Luxury Multifamily Footprint
Alta River Oaks, the 364-unit property, is located near the company’s Alta West Alabama development, which will have 304 units and also open in 2020.