Regions
Brooklyn Multifamily Report – Summer 2020
The borough’s rental segment continues to absorb the effects of New York City’s initial coronavirus wave.
Suburbs Outperform Cities as Renters Relocate: Report
Rent prices in urban city centers are down for the first time in a decade, according to a new report from Marcus & Millichap.
30-Story Multifamily Tower Opens in Philadelphia
The 405-unit property is located in the University City neighborhood and previously housed a student ministry center.
Gebroe-Hammer Arranges $20M New Jersey Sale
Executive Vice President Niko Nicolaou represented the seller of the 60-unit community, and Senior Vice President Adam Zweibel procured the buyer.
Southeast Las Vegas Community Sells for $20M
Seller AllPro Capital acquired the 128-unit property for $9.7 million from 3D Investments in 2017.
Property Management Expert on Portland’s Multifamily Market: Q&A
Sunrise Management’s recently appointed Regional Vice President Dennis Mitchell explains why communication and technology are paramount in overcoming COVID-19-induced challenges.
RISE Properties Buys Seattle Apartments for $34M
The new owner assumed $21.4 million in existing Fannie Mae debt on the 117-unit community.
Cloudy Prospects for Multifamily Amid Economic Comeback
Fannie Mae forecasts that GDP will grow by an annualized rate of 27.2 percent in the third quarter, but state and local budgets are a concern.
Insight Property Group Renovates Washington, DC-Area Community
The company has completed the repositioning of a property in Falls Church, Va., that it began in December 2018.
JV Sells Phoenix Community for $20M
JLL secured $15 million in Freddie Mac financing on behalf of the buyer, SB Real Estate Partners.