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Diluted Inventory Moderates Growth in Manhattan
Due to a quick increase in rental unit and condo development, rents and per-square-foot prices are sliding in the prohibitively priced market.
Berkadia Completes $31M Vegas Sale
Sundance Bay acquired Desert Ridge Apartments, which includes 304 units and a dog park, a racquetball court and a playground.
Fundamentals Flourish in LA
Increased investor interest in the metro’s multifamily assets is driving property values to new highs, while keeping acquisition yields at nationwide lows.
Houston Makes Buoyancy Its Brand
The metro’s multifamily market displayed a strong performance in the fourth quarter of 2017. As construction remains robust, rents are expected to rise by 2.3 percent in 2018.
JV Starts Work on Miami Micro Apartments
Related Group and Block Capital Group broke ground on The Bradley, which includes 175 units ranging from 480 to 1,000 square feet.
Investor Buys Chicago Condos, Plans Conversion
Beal Properties acquired the 117-unit asset for $30 million from Wellington Place Condominium Association.
Economic, Supply Growth Remains High in Dallas
Both multifamily development and investment in DFW continue at a torrid pace, bolstered by one of the country’s best-performing economies and rapid population gains.
Are ADUs the Answer to San Francisco’s Affordable Housing Crisis?
While the Bay Area is often referred to as the heart of unaffordability, San Francisco has been working to provide more cost-effective housing by making the planning, permitting and building processes for accessory dwelling units easier.
Tech, Finance Sectors Revive Growth in Chicago
The city remains a financial powerhouse and continues to add high-paying jobs, helping rent growth achieve a slight recovery.
Healthy Demographics Push Up Demand in Austin
The metro’s multifamily demand is expected to remain strong, sustained by an estimated population growth of 2.8 percent in 2018.