Regions

Economy Watch: Home Prices See Monthly Downtick on Election Day

Tuesday might have been Election Day, but for the economy and its indicators, it was just another day.

TODAY’S DEALS: JTL Real Estate Partners Buys 1,397-Unit Portfolio

JTL Real Estate Partners buys a four-state portfolio; Behringer Harvard completes the sale of a 560-unit community in Florida; and ARA closes a 224-unit sale in Houston.

MRA Brokers $26.55M N.C. Student Housing Sale

Multifamily Realty Advisors recently represented American Campus Communities in the sale of Campus Walk and Brookstone Village Apartments in Wilmington, N.C. The communities were sold for $26.55 million to Gross + Cohen Real Estate Investors Ltd.

Multifamily Market To Remain Strong Through 2015 With 1.7 Million New Renters, According to Freddie Mac

The Freddie Mac Multifamily Research Group released its multifamily real estate market demand forecast for the next several years.

Freddie Mac Announces 15th Multifamily K Certificates Offering This Year, K-711

Freddie Mac recently announced a new offering of Structured Pass-Through Certificates (K Certificates) backed exclusively by fixed-rate multifamily mortgages with a seven-year term.

Three Squares Develops Multifamily Shipping Container Construction

Three Squared is planning America’s first multifamily dwelling constructed from retired shipping containers in Detroit, which will help save money and environmental resources.

Economy Watch: Non-Manufacturing Activity Sees Uptick

Economic activity in the U.S. non-manufacturing sector grew in October for the 34th consecutive month, according to the latest Non-Manufacturing ISM Report On Business, which was released on Monday.

Rockrose Apartments to Feature Concierge Services for Dogs

Rockrose, a New York-based real estate company, has partnered with The Spot Experience, a dog services provider, to provide dog concierge services to eight of their buildings.

SPECIAL REPORT: Hurricane Sandy’s Impact on Multifamily in the Northeast

Despite the destruction of Hurricane Sandy, the multifamily industry in the Northeast is heading back toward a feeling of normalcy.

Affordable TOD Development Breaks Ground in Miami

Work has started on the first phase of 7th Avenue Transit Village, a mixed-use property with an affordable housing component on 2.3 acres in Miami’s Liberty City.