News
TODAY’S DEALS: Griffis Residential Bullish on Boulder
Fairfield Residiential affiliate completes Boulder County sale; NorthMarq arranges $14.7 million for a Jacksonville buy; and Grandbridge closes $6 million for a Dallas seniors acquisition.
SPECIAL REPORT: Multifamily Market is Enjoying the Best of Times. Here’s Why.
Fannie Mae’s Jeffery Hayward discussed apartment vacancy rates at the MBA conference.
Inside Smyrna’s First New Rental Property in 20 Years
Leasing has begun at Avonlea Square, the first new apartment community to be unveiled within the city limits of Smyrna, Ga., in more than two decades.
Economy Watch: A Look at the Increase in Consumer Spending
Some good news, especially for retailers: U.S. consumers’ daily spending, according to Gallup, fell to an average of $81 in January, down from $98 in December.
A New Strategy for Acquisitions
Why TruAmerica is looking for properties in blue- and gray-collar areas.
Creating a Strong Demand for Renters with an Employer-Adjacent Community
Waterton Associates has acquired the Villas at Hermann Park, which is adjacent to the largest employer in Houston.
Hansgrohe Expands Shower Lineup
Fun fact: The average person will spend one and a half years of their time on Earth in the bathroom. Need we say more about why developers should be keen to spend a few extra bucks on a nicer shower?
Cushman & Wakefield Provides Heavenly Guidance
American Bible Society has sold its headquarters to Avalon Bay Communities for $300 million.
TODAY’S DEALS: CityR Group Grabs 672 Units in Illinois
Eastern Union arranges financing for a CityR Group buy; BBVA Compass provides $30 million for an acquisition in Mesa, Ariz.; and Greystone originates $30.5 million for a four-property purchase in North Carolina.
Raintree Bulks Up Its SoCal Apartment Portfolio
Raintree Partners has acquired five multifamily properties in Los Angeles County totaling 327 units.