News
Dewberry Capital Starts Work on Charleston-Area Apartments
Work has strarted on Oyster Park Apartments, a $28.5 million residential development in Mt. Pleasant, S.C., in metro Charleston.
Paying it Forward
The social responsibility craze shows no signs of slowing down; multifamily knows a thing or two about good deeds
TODAY’S DEALS: Ullico Loan Kicks Off Philly Mixed-Use Development
National Real Estate Development has landed a $141 million construction loan; CIT provides $57.5 million for a Brooklyn waterfront acquisition; and Eagle Group Finance supplies $3.1 million for an assisted living facility.
Multifamily Owners Consider Plusses and Minuses of Single-Family Rentals
At the recent National Multifamily Housing Council (NMHC) Spring Board Meeting, the multifamily audience listened to a discussion of the pros and cons of singlefamily rental ownership and operation.
Brooklyn Multifamily Sale Shatters Records
At a price of $296 per square foot, the sale of 632 Ocean Parkway has set a high mark for the Kensington section of Brooklyn.
Economy Watch: Construction Spending Continues to Drop Because of Energy
U.S. construction spending continued on a downward trajectory in March.
TODAY’S DEALS: Kennedy Wilson Expands with Condo-Quality Apartment Acquisition
Kennedy Wilson completes a $47 million purchase with value-add intentions; Greystar nabs a 200-unit community in Quincy, Mass.; and a national real estate investor purchases a property for $30 million in an online auction.
What Renters Want with Jessica Fiur: Apartment Birthday Party Problems Solved
It’s often difficult to host a birthday party at an apartment community. Here’s how to make it easier for your residents.
ResiModel Announces Additions to Client Roster
ResiModel, a platform for aggregating, standardizing and analyzing financial data for multifamily transactions, reported a roster of clients that it onboarded during the first quarter of 2015.
Top 10 (Plus One) Markets for Supply in 2014 and Rental Performance
Multifamily construction has been strong across the nation, but some markets clearly lead the pack.