Regions

Matrix Multifamily Salt Lake City Report – Winter 2019

The metro’s multifamily demand is still outpacing supply, while occupancy in stabilized properties, at 96.0 percent last September, remains above the national average.

The Health and Wellness Amenities Residents Want

From white noise machines in the hallways to yoga by the pool, residents sound off on the kinds of health and wellness amenities they’d like in their community.

Affordable Community Trades in KC

CBRE Capital Markets provided more than $11 million in Fannie Mae financing to the buyer, Peak Capital Partners, for the 260-unit multifamily asset.

Student Housing Asset Commands $55M in Tight Canadian Market

Cushman & Wakefield worked on behalf of Alignvest Student Housing to acquire the 357-bed property from CA Ventures of Chicago.

Cleveland’s Rent Growth Picks Up the Pace

With demographic contraction moderating and demand improving, rent growth in Cleveland is once again accelerating, at 2.2 percent year-over-year through October 2018.

Bird Home Automation Expands Intercom Line

The Berlin-based manufacturer’s new IP video door station allows users to see and talk to visitors remotely and includes a keypad for access control PIN codes.

New Chicago Luxury Tower Sells for $121M

The 265-unit high-rise developed by Moceri + Roszak marks Canada-based Pacific Reach Properties’ first multifamily acquisition in the city.

Kiser Group Brokers $38M Sale of Chicago Condominium Asset

ESG Kullen acquired all 250 units of The Flats on LaSalle, a former luxury hotel converted into apartments in early 2000.

Essex Realty Brokers Sale of Chicago Value-Add Multifamily Asset

The company represented both the seller and the buyer in the transaction of Lakeside Village of Mundelein, a 10-building community located in Mundelein, Ill.

NE Off-Campus Student Housing Asset Changes Hands

GMH plans to rename the 632-bed student housing community to Academy Lincoln. The property serves students at the University of Nebraska-Lincoln.