News
Urban Communities Expands AZ Footprint
Seller Firefly Modern Rentals received $14.7 million for Avenue 15. The asset encompasses 148 units and is located in northern Phoenix.
Austin Tops List for Downtown Rental Premium
Residents pay 92 percent more than the market average to live in the downtown core, with apartment demand driven a large student population and robust job growth.
Google to Invest $1B in Bay Area Housing
The company is the latest tech giant to pledge big bucks toward the housing crisis. The firm wants to build 20,000 units, a quarter of which would be affordable.
Brooklyn Project Lands $38M Loan
BNS Real Estate and Wonder Works Construction Corp. will build an 11-story, 80-unit community in the Greenpoint neighborhood of the New York City borough.
Orange County Apartments Land $56M Refi
Highland Pinetree Apartments in Fullerton, Calif., was the recipient of the financing secured by NorthMarq through Freddie Mac.
Jones Street Lands $31M for Massachusetts Development
Boston Realty Advisors secured the five-year loan from Cambridge Savings Bank for the construction of a mixed-use development in an Opportunity Zone in North Attleboro.
Close-Up on Student Housing Investment Strategies
CA Student Living President JJ Smith talks about trends in the student housing industry, but also weighs in on how the sector might evolve.
What Residents Love in a Property Website
In a world where almost anything can be done online, a great website can be a game-changer for a community. Here’s what to include and what to avoid.
Castle Lanterra Expands Atlanta Portfolio
The acquisition of a 280-unit value-add community in Cobb County represents the New York-based company’s third foray in the local multifamily market.
The Praedium Group Buys 367-Unit AZ Community
The real estate investment firm acquired the newly built asset in Tempe from JLB Partners in a deal subject to a $57 million loan. More than half a million jobs are located within a 10-mile radius.