News
Hunt Provides Loan for 152-Unit SC Property
The funding is for the purchase of Huntington Apartments, an 11-building community built in 1979 and located within the Greenville-Anderson-Mauldin MSA.
FirstService Expands Atlanta Management Footprint
Paramount at Buckhead, a 40-story luxury condominium tower located in the heart of a booming retail corridor, underwent an adaptive reuse conversion in 2004.
First Step to Expanding Affordable Housing: More Research
Urban Institute Researcher Corianne Scally weighs in on the forces that are shaping affordable housing in 2018, and why the industry needs more evidence regarding the most efficient programs and solutions.
Overbuilding Tempers Growth in Washington, DC
Too much development is finally placing pressure on rents, but the capital region still ranks among the most stable multifamily markets in the U.S.
Stillwater Launches Dallas Project
Featuring 336 units, The Crosby is being developed in Dallas’ Deep Ellum submarket, and will include 3,000 square feet of co-working space.
Chinese Investor Seals SoCal Deal
Gemdale USA paid $46 million for an asset north of L.A. in the Santa Clarita Valley.
29th Street Capital Expands Sacramento Footprint
Located at 2081 West La Loma Drive, Sycamore Square Apartments is a 140-unit multifamily community which will be subject to a $1.2 million renovation program.
Phoenix Apartments Command $110M
Knightvest Capital acquired the asset for the second-highest price recorded for a multifamily property in Arizona.
Economy Watch: Multifamily Market Continues to Soften
Overall demand and the availability of equity capital remain strong, but many owners are pulling back on activity, according to NMHC’s latest quarterly survey.
Wood Partners Breaks Ground in Oakland
Scheduled to open in the fall of 2019, the 140-unit project will be located near the heart of the city’s business district.