News
Swedish Investor Makes First US Foray
Contentus proved there is still robust demand from international investors by acquiring Town University Luxury Apartments in Davie, Fla.
PRG Makes Fourth Lexington Acquisition
The company bought the 208-unit Resort at Lake Crossing for $22 million.
NMHC Special Report: Finding Value in Value-Add
Many industry insiders are reconsidering their growth strategies after rents decelerated throughout 2016, interest rates jumped following the presidential election and construction costs continue to rise.
NMHC Special Report: 2017 Market Outlook
The biggest economic fear was another recession, but that idea has now been pushed out, with many industry experts finding themselves optimistic for the year ahead.
Monument Real Estate Services Names New CEO
Gregory Lozinak has more than 20 years of experience in real estate investment and management.
RIVERGATE KW RESIDENTIAL to Oversee The Abbey Apartments
The 260-unit property is located in Madison Park, a popular neighborhood in Charlotte, N.C.
Trion Properties Repositions San Diego Community
A redevelopment program has nearly doubled the asset’s value in just 18 months.
Capital One Survey Sees Mixed Expectations for 2017
Nearly half of the industry professionals polled think demand will outstrip supply.
Suburban Atlanta Community Lands New Owner, Changes Name
The property was sold to a joint venture of New York- and Florida-based Atlantic Creek Real Estate Partners and Oak Residential Partners of Chicago.
Economy Watch: Apartment Markets Slowing Down
All four indexes in the NMHC’s quarterly survey released this month were below the break-even level of 50, indicating weaker conditions in the multifamily industry.