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Liquid Capital, Wilson Investment Expand in Atlanta With $51M Buy
According to Yardi Matrix, the property previously traded for $36.8 million in 2016. The new owner plans to invest into an all-encompassing renovation program.
Chicago Multifamily Tower Lands $149M Refi Loan
The Gallery on Wells is a recently completed 40-story residential building situated in the River North submarket.
Demand, Supply Strike a Balance in Washington, D.C.
The metro’s growing multifamily market is backed by strong population gains and steady economic expansion.
Challenging the Limits of Demand in Denver?
Despite a surge in multifamily deliveries, occupancy in the metro’s stabilized assets has risen this year to 95.3 percent on average.
LMC Tops Out First Oakland Apartment Community
The 34-story mixed-use development, known as 17th and Broadway, has 254 luxury units loaded with smart home features and various amenities.
Mega-Developments Abound in Philadelphia
Despite a multifamily supply surge in recent years, occupancy in stabilized properties saw only a modest decline of 30 basis points year-over-year in July.
Top 10 States by Multifamily LEED Certifications
California, Texas and Washington hold the top spots for LEED-certified multifamily properties in the U.S. over the past two years.
San Francisco Portfolio Sells for $260M
Hunton Andrews Kurth represented the seller, Nahla Capital, in its disposition of 30 assets totaling 400 units.
Slower Growth Ahead for Nashville
Asking rates are expected to rise more gradually in the face of robust development—mostly comprising upscale projects—with the average rent reaching $1,216 as of August.
Rent Control Fight Expected to Continue After Prop 10
Proposition 10, a statewide ballot initiative designed to expand rent control in California, was defeated in a well-funded campaign led by multifamily industry leaders. Now they hope to put the focus on expanding affordable housing opportunities.