News

Intracorp Cos. Adds SoCal President

Multifamily veteran Brad Perozzi has more than 20 years of experience.

Slideshow: Sustainability Rules at Callison RTKL-Designed 2929 Weslayan

2929 Weslayan is a LEED Gold-certified luxury tower that employs a host of energy-saving features.

Orlo Acquires Sizable Metro DC Asset for $117M

The area is poised for growth, with Transwestern reporting a net total of 65,500 jobs added to the D.C. metro region during the 12 months ending in November 2016.

$1.2B Mixed-Use City Center Planned for West Omaha

The mixed-use project, which will include 2,000 apartments, is expected to have an annual economic impact of more than $1 billion upon completion.

New Georgia Community Approved for Construction

Four Corners Development LLC has partnered with IDP Housing to develop the 88-unit property.

Robbins Electra Adds 3 New Assets to Southeast Portfolio

The company plans to make upgrades to the properties, which total 898 units located in Georgia and Florida.

Chicopee Foreclosed Affordable Housing Sells for $150K

The Valley Opportunity Council was the only bidder on the auctioned property.

Ares Fund Secures 1,300-Unit Portfolio in Germany

The deal increases the firm’s holdings in the country to 3,900 units.

AvalonBay Sells $117M Community in DC Area

The 684-unit Eaves Gaithersburg was built in 1974 and last changed hands in 2010, for $101 million.

Jeff Lee, executive vice president, Capital One Multifamily Finance

Capital One: Interest Rates Still a Concern for Multifamily

Given the choice, more would rather buy than sell in 2017.