News

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.

Amping Up Virtual Tours in a Socially Distanced Marketplace

Ten trends from the International Builders’ Show and the Kitchen & Bath Industry Show that will resonate in 2021.