Regions
PA Senior Living Community Expands
Windy Hill Village, a Presbyterian Senior Living community in Philipsburg, broke ground on a 48-unit rental apartment building. R.S. Mowery & Sons is the project’s contractor.
Carrier Johnson + CULTURE LA Project Begins Construction
The 161-unit apartment community will replace an empty 81-year-old two-story building with a modern design that utilizes metal panels and ceramic tile.
The Inland Empire Expands
Rent growth in San Bernardino and Riverside counties continued its extremely fast pace over the past year, supported by a healthy job market and moderate inventory expansion.
Economy Watch: Chicago Fed National Activity Index Points to Economic Growth
U.S. manufacturing and other production-related indicators contributed to the CFNAI increase in April, according to the Chicago Fed, indicating that the economy is still in growth mode.
HFF Tapped to Market Pennsylvania Residential Asset
The company is representing the seller, a joint venture between CenterSquare Investment Management and Korman Residential, which acquired the asset back in 2007 for $30 million.
Marcus & Millichap Arranges Luxury Condo Sale in Chicago-Area
The community comprises six buildings, each of them made up of 12 two-bedroom, two-bathroom units. Firethorne Luxury Apartments changed hands for $8.3 million, in which the buyer and seller were both represented by investment specialists at Marcus & Millichap.
Chicago Rents Inch Up; Highest Increase in Douglas Neighborhood
2016 was a year of moderate rent increases in the city of Chicago. The average price for a rental in Chicago went up 5.9 percent year-over-year, closing the year at $1,738/month.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales for April 2017 in New York City.
3L Closes on Milwaukee Asset, Plans Conversion
The company will invest $15 million to transform the former office property at 735 W. Wisconsin Ave. into a 144-unit apartment building.
Cybersecurity 411: Tech Myths
A firewall is absolutely necessary for network protection, but it often provides little more than a false sense of security. In this third part of his cybersecurity series, Jeremy Rasmussen advises on additional precautions you should take.