News

August Rent Payments Hit 79 Percent: NMHC

Coming days after the expiration of supplementary unemployment benefits, the figure is a slight increase from July’s rent numbers.

Berkadia Arranges Financing for Atlanta-Area Workforce Housing

Mitch Sinberg, Brad Williamson, Chinmay Bhatt, Noam Franklin and Cody Kirkpatrick secured debt and sourced equity for the 300-unit property in Norcross, Ga.

Watercrest Senior Living Opens Luxury Community Near Charlotte

The 107-unit facility in Indian Land, S.C., provides assisted living and memory care services.

Mill Creek Breaks Ground on Seattle Apartments

The developer has started construction on the 288-unit Modera Overlake with completion expected by the end of 2022.

Gardner Capital Completes DFW Affordable Community

The three-story Provision at North Valentine will serve families making 30 to 60 percent of the area median income.

The CPE-MHN 2020 Midyear Update is Now Available!

Now you can get trend and strategy insights two different ways: Leaf through the CPE-MHN 2020 Midyear Update for a quick read or click on individual articles for an in-depth look at the topics that most interest you.

TF Cornerstone Tops Out Queens Skyscraper

The building forms part of a two-tower development that will bring 1,194 apartment units to the East River waterfront.

New York Extends Eviction Moratorium

The executive order comes amid calls from housing advocates and the multifamily industry for much-needed federal rent relief.

July Brings Job Gains, But Economy Still Reeling

While the addition of 1.8 million jobs provides room for cautious optimism, improvement varies widely by region and volatility remains an issue.

Baltimore-Area Community Trades for $16M

The property had last changed hands more than a decade ago for $8.7 million.