News
Salt Lake City Multifamily Report – Fall 2020
Amid steady rent growth, the metro’s consistent pipeline brought more apartments online than it did in 2019.
Prime Residential Buys Portland Community for $81M
BPM Real Estate Group sold the 261-unit property west of downtown in a transaction brokered by Institutional Property Advisors.
FCP Acquires Atlanta Asset for $30M
The community’s new owner assumed an existing $16.5 million Fannie Mae loan.
MHN Poll: Industry Benefits
MHN has a new poll! We want to know which of the following measures you believe is most beneficial for the industry.
YMP Buys Louisville Community for $71M
The 690-unit garden-style property in the Fern Creek neighborhood last changed hands for nearly $53 million in 2017.
$350M Secured for South Bronx Development With 542 Affordable Units
The project is part of a Bronx residential building boom and Mayor De Blasio’s plan to add 300,000 affordable units by 2026.
NMHC Eyes Stimulus to Offset Year of Falling Rent Payments
On average, 138,000 fewer renters paid their rent in full by the end of the month in 2020 compared to 2019, according to NMHC.
Edgewater Group Sells 150 Units in El Paso
The fully affordable Mission Valley community last traded 16 years ago.
The Top Multifamily Stories of 2020
The apartment industry faced new challenges and demonstrated its strengths in a year of unparalleled turbulence.
Marcus & Millichap Arranges Chicago Apartment Sale
Kyle Stengle and Steve Rachman assisted the seller and procured the buyer of a 31-unit community in Lincoln Park.