News
Kansas City Multifamily Report – Winter 2019
Despite an uptick in deliveries, demand for apartments remains robust across the metro, where occupancy in stabilized properties rose to 94.9 percent as of November.
New Affordable Housing Slated for Midtown Manhattan
New York City has tapped several development firms to build 260 affordable apartments on two city-owned sites in the Clinton/Hell’s Kitchen neighborhood.
TN Luxury Rental Property Breaks Ground
Developed by Fickling & Co. and Novare Group, the 250-unit Lullwater at Hixson community is scheduled for completion by the fourth quarter of 2019.
Husqvarna Designs AI-Enabled Robotic Mower
The Automower 435X AWD is fully autonomous and manages rough terrain and steep slopes. It includes remote and voice command and has built-in safety features.
Suburban Dallas Community Receives Supplemental Loan
Dougherty Mortgage secured a $3 million loan for the 134-unit Landen in Irving, Texas, which complements the existing acquisition financing.
Green Financing’s Growth and Growing Pains
Fannie Mae, Freddie Mac and PACE financing continue to lead the charge, with an increasing number of states expected to launch government-backed guaranteed mortgages.
What Do Asset Managers Want from Property Managers?
In a competitive, fast-changing environment, meeting client expectations calls for unprecedented sophistication about business strategy, finance and other areas. Experts name five key areas to focus on.
Multifamily Marketing’s New Skill Set: Psychology Plus Data Science
Digital technologies are revolutionizing multifamily marketing and leasing, as well as the skills needed by professionals. But effective marketing still hinges on understanding customers and their decision-making process.
Bridge Investment Pays $70M for Phoenix Community
The seller of the 460-unit Class B asset purchased the apartments in mid-2014 as part of a nearly $170 million portfolio deal.
Executive Q&A: Freddie Mac’s Deborah Jenkins
The GSE’s new head of multifamily discusses 2019 finance trends, workforce housing, the agency’s technological transformation and more.