Finance & Investment
What’s Next for Multifamily: Q&A with Kevin Finkel of Resource Real Estate
The executive vice president talks trends and fundamentals as 2016 comes to a close.
Matrix Monthly: October Rents Moderate
October’s rent growth numbers marked the biggest drop in three years, but a new report from Yardi Matrix states that the recent deceleration is no cause for concern.
Even Dozen: RADCO’s San Antonio Purchase Its 12th This Year
RADCO intends to spend as much as $2.9 million on capital improvements to modernize and update the property.
Van Nuys Apartments Trade for Record $33M
That price reflects a price per unit of $336,735, a record for the Van Nuys area—a neighborhood in the San Fernando Valley region of Los Angeles.
First Urban Town Center Development Breaks Ground in Leland, NC
The $32 million development will include a 309-unit community and 30,000 square feet of retail space.
Luxury Student Housing Project in Allendale Gets $21M Loan
Leasing is already open for the two- and four-bedroom units available in the fall of 2017.
Praedium Group Acquires $43M Georgia Property
The new construction, located in an Atlanta submarket, features 272 units.
Clayton Nabs Largest Homebuilder in KC
The company acquired all operating assets of Summit Custom Homes.
Bascom Group Acquires Tucson Apartment Property
The new owner of Springs at Continental Ranch Apartments plans to upgrade the 196-unit community’s interior, exterior and amenities.
Berkadia Closes Sale of Historic Community in San Diego
The asset is located in the historic neighborhood of Bankers Hill.