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Marcus & Millichap Appoints New CEO
Marcus & Millichap Senior Executive Vice President Hessam Nadji is assuming a new role.
Oak Coast Properties, BMC Investments Score Denver Apartments for $50.8M
Oak Coast is planning a $2.5 million renovation of the property, which is the first acquisition in a series of investments to meet its $300 million target for 2016.
Fannie Mae Financed $1.6B in Multifamily Small Loan Market in 2015
Of the loans, 90 percent supported affordable and workforce housing.
Yardi Matrix: Seattle’s Spirit
Buoyed by its technology sector and the metro’s appeal as a live-work-play environment, Seattle’s economy and multifamily market continue to break new ground.
Multifamily Assets Scooped Up in Inglewood
Universe Holdings purchased two multifamily communities in Inglewood, Calif., which is undergoing a major transformation as it plans to welcome back the Rams with a new NFL stadium.
JLL Closes Sale of Owings Park in Suburban Baltimore
Friedkin Realty Group purchased the property for $34.13 million.
StoneRiver Acquires Mississippi Multifamily for $14M
The 280-unit acquisition is StoneRiver’s first foray into Mississippi.
North Andover Housing Benefits from MassHousing Financing
Long-term affordability has been extended to the 230-unit community thanks to $58.5 million in financing.
A Look at Long Island City’s Robust Condo Market
According to a recent study by HPDM, the average price per square foot for closed condo deals in Long Island City, N.Y., has risen steadily each of the past five years.
Why Millennials Want Shorter Leases
The supply/demand imbalance and sky-high rents have led to an emerging trend in the apartment industry.