News

Electra America, Robbins Property Associates Seal Merger

The new entity owns and operates a large multifamily portfolio, totaling some 20,000 apartment units in 66 properties.

The Property in Brush Park, Detroit

Astral Weeks Buys Redevelopment Opportunity in Detroit

The New York-based company now owns a half acre site in the rapidly growing Brush Park neighborhood.

Kevin Finkel, Executive Vice President of Resource Real Estate

What’s Next for Multifamily: Q&A with Kevin Finkel of Resource Real Estate

The executive vice president talks trends and fundamentals as 2016 comes to a close.

Hospital service wing that will be converted to rental apartments.

Inside One of NYC’s Biggest Office-to-Multifamily Projects

Architect John Cetra on how this downtown tower is being converted into a 571-unit luxury community.

Even Dozen: RADCO’s San Antonio Purchase Its 12th This Year

RADCO intends to spend as much as $2.9 million on capital improvements to modernize and update the property.

Economy Watch: Economy Creates Middling Number of Jobs in October

Total U.S. payroll employment rose by 161,000 in October.

Van Nuys Apartments Trade for Record $33M

That price reflects a price per unit of $336,735, a record for the Van Nuys area—a neighborhood in the San Fernando Valley region of Los Angeles.

Pinnacle Announces New Regional Property Manager in Dallas

Valery Carter will oversee six apartment communities in the Dallas/Fort Worth metropolitan area.

Oliver Properties to Deliver 50-Unit Community in Richmond

The $10 million Museum District development is slated for completion by mid-2017.

Rendering of Miami Worldcenter

The Rebirth of Multifamily Development in Downtown Miami

As young professionals preferring to rent over buy flock to the urban center, local developers are adapting to this growing demographic’s preferences.