Regions
Upscale Demand Boosts Rent Growth in Richmond
After trailing the U.S. average throughout the current cycle, the metro’s rent growth reached 2.6 percent as of December, bucking the national trend during 2017’s fourth quarter.
Peak Campus Lands Chicago Management
The 240-bed, high-rise student community in the heart of the city’s South Loop neighborhood sits immediately adjacent to East West University.
Pinnacle Chosen to Manage Denver Luxury Community
TIAA acquired the 1,184-unit, garden-style property in 2005, for more than $175 million. The Highlands Ranch asset is located two miles west of Interstate 25.
Timberland Grows in Twin Cities, Obtains $50M Loan
The company will add one more community to its Twin Cities portfolio of nine properties. The new construction will be adjacent to the planned METRO Green Line Extension.
Exterior Design Trends on the Rise
Jules Escalona of Straight Designs discusses key color palettes for multifamily, how to design by location and the impact of outdoor living.
LIVEbe Tapped to Manage MD Luxury Apartments
The company will employ ambassadors to provide customer service to residents of The Bowen, a LEED Silver-certified community in Bowie.
Fannie Mae Expands Green Lending, Housing Innovation Platforms
Jeffery Hayward, executive vice president & head of Fannie Mae’s multifamily mortgage business, sat down with MHN at MBA’s CREF/Multifamily Housing Convention & Expo in San Diego to provide an industry-wide outlook and discuss the GSE’s new initiatives for 2018.
Samuels & Associates, Landsea Debut Boston Luxury Tower
Designed by Arquitectonica, Pierce Boston features 240 apartments, 109 condos and 20,000 square feet of ground-floor retail and dining.
San Diego Remains a Landlord’s Market
Demand continues to be healthy in the area, sustained by demographic expansion and a sluggish pipeline. Rent growth ended 2017 at 4.6 percent, nearly double the U.S. average.
Multifamily Growth Prospects
NMHC’s new chair, Sue Ansel, outlines where more investment is needed for the industry to grow in the decade ahead in this month’s NMHC perspective.