News
Economy Watch: Leading Economic Indicators Hint at Late-Year Growth
A 0.3 percent increase in the Conference Board’s Leading Economic Index seems to point to the continual recovery of the U.S. economy, despite weak first-quarter GDP growth.
Waypoint Campus Housing Acquires $102M Portfolio
Waypoint Residential recently launched a student housing arm with the purchase of four off-campus properties near state universities in Texas, North Carolina and Nevada.
Benchmark Senior Living Expands Massachusetts Portfolio
With Cushman & Wakefield representing the seller, an institutional investor, the buyer, a Waltham, Mass.-based senior living company, acquired New Pond Village in suburban Boston.
Dominion Senior Living Breaks Ground on SC Community
The $9.5 million, 44,000-square-foot project in Anderson will offer 45 assisted living and 15 memory care apartments.
Kansas City’s New Look
Kansas City is in the midst of a transformation, growing as a financial and research center, with increased investment in infrastructure, all of which support multifamily fundamentals.
Metro Spotlight: It’s Always Mountain Time in Denver
Years of economic growth have prompted substantial rent growth, but is the city’s multifamily market heading into treacherous waters?
Rescore Snags $100M for Hollywood Apartments
The community is a 368-unit, seven-story project located in the Hollywood Entertainment District, a Business Improvement District.
Brinshore, McShane Deliver Chicago Mixed-Use Project
Clybourn 1200, a mixed-income apartment building in Chicago’s Old Town neighborhood offers 84 studio, one-, two- and three-bedroom units, as well as 17,000 square feet of ground-floor retail space.
Financing Veteran Joins JLL as SVP
James McArthur will focus on providing financing solutions to multifamily real estate developers and owners using JLL’s Fannie Mae, Freddie Mac and HUD/FHA capabilities.