Regions
$73M Rehabilitation of SoCal Affordable Community Underway
The redevelopment of the 268-unit project by Community Preservation Partners marks the biggest tax credit in Indio, Calif. The second phase is slated for completion by the end of the year.
29th Street Capital Buys 12th Bay Area Community
The acquisition of the 79-unit community in San Leandro, Calif., brings the company’s multifamily portfolio to more than 7,600 units. As part of its value-add investment strategy, the company plans to invest $2.3 million in capital improvements.
Illinois Senior Living Communities Change Hands
Senior Living Investment Brokerage Inc. sold Keystone Gardens and Keystone Meadows for $12 million. The two properties have nearly 100,000 square feet combined.
HFF Secures $23M for Walnut Creek Condos
The 48-unit community will be developed by a joint venture led by The Address Co. The property is slated for completion in the summer of 2018.
Changing Strategies for Multifamily Investment
In this video, David Blatt, CEO of investment bank Capstack Partners, discusses financial strategies under the new administration, how rising interest rates will impact multifamily deals and how the energy market rebound will change the demand for housing.
Mentally Ill Residents and Fair Housing Concerns
The Fair Housing Act prohibits discrimination on the basis of disability in all types of housing transactions. So how should a property manager handle a mentally ill resident who may be causing issues at their property?
Meriel Marina Bay Apartments in Suburban Boston Open for Leasing
The property, developed by Hines, includes two five-story buildings featuring 352 apartments with garage parking, and about 20,000 square feet of ground-level retail space.
TH Real Estate Scores 2017 EPA ENERGY STAR® Partner of the Year Award
The award marks TH Real Estate’s tenth consecutive year as a Partner of the Year, and its eighth consecutive year at the Sustained Excellence level.
March Rent Jumps Significantly
According to Yardi Matrix, MMarch marked the first rent increase in five months, reflecting unexpected growth in the face of tax and regulatory uncertainty.
Gables Pointe 14 Shapes Up
Gables Residential began construction of a 370-unit upscale community comprised of two buildings and 16,000 square feet of modern amenities.