News
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Aimco Spins Off $10.4B ‘Pure’ Investment Entity
The new company, Apartment Income REIT, will benefit from low financial leverage and limited execution risk.
Can Multifamily Breathe New Life Into Retail?
The live-work-play model is being reimagined, as residential is added to more shopping malls grappling with the effects of COVID-19.
JLL Secures $17M Refi for Atlanta-Area Community
Directors Jesse Wright and Ware Shipman arranged the loan on behalf of Asia Capital Real Estate.
Passco Cos. Pays $78M for South Carolina Property
Southeastern Co. sold the 330-unit community in Bluffton. The new owner retained Greystar as property manager.
Maxwell Group Secures $37M for South Carolina Senior Community
The 198-bed senior community in Charleston has a $3 million on-site wellness center for residents.
Columbus Community Lands Refi
Gelt Financial provided a two-year loan for the 152-unit, non-stabilized rental community.
NMHC President Doug Bibby Postpones Exit
The National Multifamily Housing Council’s longtime leader will stay on board through January 2022 to help navigate the industry through a challenging time.
JPMorgan Chase’s Head of CRE: ‘We’re Not Out of the Woods Yet’
Al Brooks talks about the current state of the multifamily market across the U.S. and unveils the issues around affordable and workforce housing.
29th Street Capital Purchases 308-Unit San Antonio Community
The new owner plans to invest in a capital improvements plan and upgrade the property.