News

Northern California Office Park Begins Multifamily Conversion

The under-utilized office complex known as Waters Technology Park will be redeveloped into four neighborhoods in San Mateo.

Orange County Multifamily Report – Summer 2020

As one of the country’s first areas hit by COVID-19 economic woes, the county registered significantly weakened fundamentals going into the summer.

Oxford Properties Pays $320M for Seattle High-Rise

PGIM Real Estate provided acquisition financing for the metro’s largest multifamily deal of the year.

Sovereign Property Management Secures $92M for Delaware Portfolio

The owner landed refinancing loans for four apartment communities totaling 902 units.

Comstock Adds SVP of Development

In his new role, John Harrison will oversee the continuation of two of the largest mixed-use developments in metro Washington, D.C.

Avid Realty JV Acquires Houston-Area Community

The buyer also assumed the outstanding balance of a Fannie Mae loan originated in 2017.

July Rent Payments Reach 88 Percent

NMHC’s latest report comes shortly before additional unemployment benefits and several eviction moratoriums are set to expire.

RMS Cos. Begins New Jersey Redevelopment

The 153-unit community will be built on the site of a former salt factory in Union Township.

Berkadia Names New Student Housing Managing Director

Brandon Buell brings 10 years of industry experience, having previously worked at Newmark Knight Frank.

Rory Gardner Steps Up to President of Pacific Urban Residential

The executive joined the West Coast-based multifamily investment firm in 1999 and previously served as COO.