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High Rents Drive Move to Fringes in San Francisco
The city’s booming economy, fueled by its education and health services sector, is upholding a healthy housing demand.
The April Digital Issue of MHN is Now Available!
Now you can get trend and strategy insights two different ways: Leaf through the Multi-Housing News digital digest for a quick read; or Click on individual articles below for an in-depth look at each of the topics that most interest you.
Demand, Supply Still Sky High in Miami
The city’s multifamily market displays solid fundamentals and a diverse economic profile, although it remains challenged by a substantial amount of new supply.
Strong Economy Lifts Real Estate in Salt Lake City
Due to robust employment and solid demographics, Utah’s largest city is generating demand across all asset classes.
Transwestern Investment Group, S2 Capital Acquire DFW Community
Oak Creek Apartments in Bedford, Texas, includes 464 units and is the largest Class B property in the area.
Record Supply Moderates Rent Growth in St. Louis
The city’s job gains are somewhat middling, but a below-trend unemployment rate means that housing continues to be in high demand.
Full Throttle in Detroit
The city is well into its economic resurgence, attracting investors and young professionals with the help of startups, technology companies and automotive giants that are exploring the trending mobility industry.
Top 10 Chicago Multifamily Transactions in 2017
Although relatively quiet for a gateway market during the first half of 2017, the city’s apartment sector picked up in the second half of the year, marked by several $100 million-plus transactions.
NYC Community Secures $155M Refi
RB Apartments’ Riverbank West, a 43-story high-rise in Manhattan’s Midtown West near the Hudson Yards development, includes a clubroom, a media lounge and a dining terrace.
Pittsburgh’s Growth Spurt
Although underperforming against the U.S. average, the city’s multifamily market has stayed relatively stable.