News

Court Strikes Down Part of New York’s Rent Law

In a win for landlords, New York’s Court of Appeals issued a decision centered on rent overcharge claims.

Jefferson Apartment Group Sells Suburban Boston Community for $104M

The 262-unit community was acquired by a Salt Lake City-based REIT.

San Diego Workforce Housing Portfolio Grabs $59M Refi

Union Bank provided the 10-year, fixed-rate loan for the five recently renovated communities.

CCPA Compliance Challenges Multifamily

California’s new consumer privacy act sends ripples across marketing efforts nationwide.

Fannie, Freddie Raise Reserve Requirements as Loan Standards Tighten

Meeting the higher standards for reserve capital is likely to be a tall order for many borrowers, reports Paul Fiorilla of Yardi Matrix.

Denver Developer Scores $19M Construction Loan

A JLL Capital Markets team arranged the financing for a 111-unit project on behalf of Botnick Realty.

Yes, Residential Showings Are Essential, New York Says

The state changed course on Thursday, announcing that certain in-person activities at residential properties are now allowed to take place.

WNC Raises $129M for Institutional LIHTC Fund

The latest LIHTC fund from the Irvine, Calif.-based firm will develop and renovate more than 1,600 affordable housing units in nine states.

Amid Job Losses, Giving Renters a Hand

Flexibility is a key part of the strategy for helping residents get through the current rough patch.

PAC Expands Tampa-Area Holdings

The company acquired Altis Wiregrass Ranch, a 392-unit multifamily community in Wesley Chapel, Fla.