Regions
Kansas City Poised for More Growth
Solid job gains draw a consistent number of young professionals looking for well-positioned rental units in the metro.
Industry Experts Debate Chicago’s Multifamily Future
Real estate professionals gathered last week to discuss the Windy City’s biggest real estate challenges and opportunities during the Lincoln Park Builders of Chicago’s annual Real Estate Forum.
JAE Property Group Buys Indy Community
The company purchased a 89-unit garden-style community from Barratt Asset Management, which had acquired the property in 2016 for $1.8 million.
Monarch Purchases Community in East Columbus
Ardsley Ridge Townhomes & Apartments—completed in phases in 1960, 1974 and 1978—consists of 238 units spread across 24 buildings.
Carnegie Mellon Purchases Pittsburgh Community
A private investor traded the 78-unit multifamily property for $17 million. The new owner plans to renovate the building and repurpose it as dedicated university housing.
A Closer Look at Europe’s Capital Markets
Trimont Real Estate Advisors’ Bill Sexton discusses debt markets, changes in the financing landscape over the past decade and why top real estate executives are preparing for a correction.
Draper and Kramer Acquires Chicago Luxury Apartments
CBRE facilitated the sale of the 180-unit rental property that was sold as part of a 1031 exchange. The new ownership assumed management of the community.
The Element at Sacramento State University Changes Hands
The 216-unit student housing community was 100 percent occupied at the time of the sale to NB Private Capital. The property underwent major renovations in 2016.
Income Averaging to Pave the Way for More Affordable Housing
Mixed-income averaging is cited by affordable housing executives as a way to increase affordable housing development in 2019, according to a Capital One survey.
Nonprofit Purchases Affordable Community in Ohio
Bridlewood Village encompasses 70 fully affordable units in the southern area of Columbus. The 1980-built community spreads across 13 buildings.