News
West Village Proerty on the Block
8 Charles Lane, a Manhattan property with an 88-foot by 103-foot footprint, has been put on the market. The property is unusual, according to the seller’s representatives, in that few other sites in the West Village neighborhood offer the possibility of ground-up multifamily development.
Delivering Design
One of the top names in multifamily, RDJA got its start in hotels.
Pierce-Eislen 2015 Multifamily Rent Forecast & Outlook Anticipates Another Great Year Ahead for the Apartment Market
Rent growth at multifamily properties across the United States in 2015 is expected to increase 4.5 percent for Class A and B+ assets and 5.1 percent for Class B and C assets, with some technology-heavy Western markets seeing spikes as high as 9 percent.
TODAY’S DEALS: Oakwood, Mapletree Expand in Dallas
Corporate housing firm Oakwood Worldwide completes a 232-unit JV apartment buy; Capital One Multifamily Finance closes $34.6 million to refinance an L.A. portfolio; and IPA arranges the sale of a North Dallas apartment property.
Security Properties Acquires Affordable Apartments for $13.2M
Security Properties has teamed with Enterprise Community Investment Inc. and the Colorado Springs Housing Authority to acquire Winfield Apartments.