News
Apartment Debt Metrics Mostly Solid, But Gateway Metros Feeling Stress
Analysis shows loans backed by apartments have seasoned well and generally have a strong cushion against default, explains Paul Fiorilla and Ben Bruckner of Yardi Matrix.
BRIDGE Breaks Ground on San Francisco Fully Affordable Project
The 137-unit community is one of the first major projects in the Excelsior District in nearly 25 years.
Belveron Partners Acquires 194-Property Portfolio
The controlling interest in Conifer Realty gives the investment firm ownership of more than 15,000 affordable housing units in New York and New Jersey.
Senior Housing Occupancy Skids to Historic Low
COVID-19’s impact on senior housing is reflected in the latest data from NIC MAP Data Service, which reports a 2.5 percent decline during the third quarter.
Raleigh Multifamily Report – Summer 2020
With the metro’s economy relatively well insulated going into the downturn, rent growth was already rebounding at the end of the summer.
Campus Advantage to Manage Washington Student Housing Project
The 513-bed development is within walking distance of Western Washington University in Bellingham.
Revised Nashville Music Row Project Lands Financing
Originally slated for hotel development, the site will house 132 apartments with the help of a $30 million construction loan from Broadmark Realty Capital.
High-End Orlando Community Trades for $66M
RK Properties purchased the 296-unit property from Catalyst Development Partners and The Carlyle Group.
Greystar Acquires Tampa-Area Community for $44M
The Radco Cos. sold the 228-unit property in Clearwater, Fla., after picking it up in 2015.
Watermark to Begin Construction on Luxury Colorado Community
The 360-unit Ascent by Watermark is the company’s second multifamily development in Colorado Springs.