Regions
Greystar, Henderson Park Plan World’s Tallest Modular Towers in London
The community will include 44-story and 38-story towers with a total of 550 units. Construction of the project in the city’s Croydon neighborhood is slated to start in 2019.
Strength of the Inland Empire
Rents continue to grow at a solid rate, thanks to steady job gains as the region’s economic cornerstone, the industrial sector, is surging.
Kennedy Wilson Snags 2 in Salt Lake City for $93M
The firm is planning on initiating its value-add asset management plan on both properties, Santa Fe in Cottonwood Heights and Creekview in Midvale, investing $5.3 million.
Timing a Move Based on Rent Trends
Renters are often at crossroads when choosing the right time to move. To help clarify the decision-making process, RentHop released an analysis of the best and worst months for relocating across 10 U.S. cities.
Economy Watch: Apartment Rents Still Edging Up in Most Cities
Smaller cities continue to see the greatest increases, but major markets like those in California still make up the most expensive cities for renters, according to a recent RentCafé report.
Manhattan Skyline Management Hires New VP
Chris Dell’Armo is the newest vice president of sales, leasing and marketing, bringing more than 10 years of experience in the industry.
Meridian Secures $4M Loan for CT Community
The 40-unit Chapel Street Lofts in New Haven has undergone recent renovations including flooring, kitchen appliances and security system upgrades.
Carmel Partners Expands Into NJ
Marking the firm’s first investment in the state, the company purchased Hunters Glen in Plainsboro Township and plans on updating interiors, renovating the exterior and improving amenities.
IPA Brokers $20M Value-Add Sale in Tucson
The new owner will capitalize on the improvements made by the seller, which led to an 18.5 percent increase in the average monthly rent, compared to last year.
Hunt Mortgage Secures $2M Refi of Age-Restricted Property
The 55-plus community in Boise, Idaho, features 57 units. Freddie Mac provided the $1.8 million refinancing with a 30-year amortization schedule.