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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.
Alta Stone Place Nearing Completion in Melrose, Mass.
Wood Partners has announced that it has surpassed 30 percent occupancy at its soon-to-be completed 212-unit renovated mill in Melrose, Massachusetts—about 20 minutes from downtown Boston.
HTG Begins Development of Pinellas County Apartments
Housing Trust Group has started work on Whispering Palms Apartments, a 63-unit affordable housing development targeting families in Largo and Pinellas County, Fla. The community will also include four units specifically for special needs families.
GLCF Announces Senior Vice President for Business Development
Great Lakes Capital Fund recently announced the promotion of Fred Hash, a leader for the past 15 years in GLCF’s business development, to senior vice president of business development.