News
5 Markets With the Greatest Rent Loss
While average rents rose 3.1 percent year-over-year through November, several metros saw rents decline by as much as 4.6 percent.
Philadelphia Luxury Apartments Trade for $22M
The Class A multifamily property delivered in 2015, replacing several 19th-century industrial buildings in the Old City.
Tampa Community Sells for $57M
Royal Imperial Group acquired the 484-unit multifamily asset and plans to update amenities and apartment interiors.
Spectrum Breaks Ground on South Carolina Community
The developer is building the 345-unit luxury property within the Nexton master-planned neighborhood north of Charleston.
Drucker + Falk Expand Richmond Management Portfolio
The firm will oversee operations at a mixed-use Opportunity Zone development slated for completion in 2020.
Q&A: What Is the Next Multifamily Opportunity?
Basis Investment Group’s Shaunak Tanna discusses strategies for successful financing operations today and where business growth potential lies as we move into 2020.
Affordable Senior Community Opens in West Palm Beach
Housing Trust Group completed the first affordable development built in Riviera Beach in the last 40 years.
Luxury Senior Community Tops Out in Sarasota
Watercrest Senior Living Group and United Properties broke ground on the 198-unit development in April, with expected completion in the summer of 2020.
Grandbridge Closes $105M Refi
The loans were for four separate multifamily properties in Georgia and Florida.
Arch Cos. Acquires 4-Property Portfolio in the Carolinas
The company purchased communities in Winston-Salem, N.C. and Spartanburg, S.C. for $61 million.