Regions
TODAY'S DEALS: Camden Purchases 940-Unit Houston Portfolio
Camden purchases a sought-after portfolio of three properties in Houston; and NorthMarq funnels a $46.4M long-term loan from a life insurance company.
In California, Transit-Oriented Developments Becoming Essential
Generations X and Y are having a big impact on the California housing market, according to a new report by the Urban Land Institute. In fact, it seems these generations are completely changing the housing landscape.
Bronx Leads New York in Multifamily Investment Sales in October
The Bronx led the other boroughs in multifamily investment sales in October, with 25 buildings changing hands for an aggregate of $96.6 million, according to the latest Ariel Property Advisors’ “Multifamily Month in Review: New York City.”
Prime Location Keys Success of Georgia Senior Apartments
HearthSide Towne Lake, a new senior living community north of Atlanta, is generating strong interest from active, independent older adults.
Index Report Shows Multifamily Market Increasing
The National Association of Home Builders recently released their Multifamily Production Index, which showed continued improvement for the fifth consecutive quarter for the apartment and condominium market.
Luxury Rental Set for Historic Site in N.C.
The proximity of Durham, N.C.’s historic Ninth Street District to many of the city’s landmarks makes the area perfect for developers eyeing potential multifamily rental sites.
Today's Deals: Security Properties Acquires Interest in Four Assets
Security Properties purchases an interest in four West Coast communities; Crescent Resources begins a 303-unit luxury development in Durham, N.C.; and Walker & Dunlop supplies a $6M loan under Fannie Mae’s Early Rate Lock.
NYC's Most Expensive Rental Is on the Market
New York doesn’t come cheap. And now Manhattan’s most expensive rental apartment, the Astor Suite at The Plaza Hotel, is on the market for $165,000 per month.
Bozzuto Group to Do Another Major Mixed-Use in D.C.
Giant Food of Landover, Md., has picked the Bozzuto Group as partner for its development of Cathedral Commons, a mixed-use project in northwest Washington, D.C.
Today's Deals: Pollack Shores Breaks Ground on $40M Community in Orlando
Pollack Shores Real Estate Group breaks ground on a TOD in Orlando; CBRE completes the sale of a 344-unit high-rise in Chicago; and Tikijian sells a stabilized lakefront property in the Indianapolis metro.