Regions
Champion Buys Los Angeles Student Housing Asset for $14M
The new owner intends to implement capital improvement programs at the 102-bed property.
New Fed Rate Cut Adds Balance to Mixed Outlook
With the central bank lowering its benchmark close to zero, multifamily enters a new late-cycle chapter.
Eviction Bans Enacted as Virus Spreads
Several members of an influential New York City industry group pledged to halt all evictions for 90 days, as other cities weigh similar measures.
Nitya Capital Pays $36M for Las Vegas Community
The recently renovated, 228-unit community last changed hands in 2018 for $24 million.
Single-Family Rental Homes See Diminishing Returns
The investment class performed well in certain Sunbelt counties but poorly in New York City and California, according to a new report by ATTOM Data Solutions.
Chestnut Hill Realty Lands $211M for Boston-Area Community
The loan will be used to refinance its 789-unit townhome community just west of downtown.
Inland Empire Multifamily Report – Winter 2020
Boosted by a lack of new stock and steady population gains, rent growth exceeded the national average going into 2020.
Top 5 Seattle Submarkets for Development by Number of Units
Seattle’s top five submarkets by development volume accounted for nearly half of the metro’s pipeline, which was in excess of 22,000 units in March.
IDM Cos. Lands $49M for Phoenix Development
The developer plans to soon begin work on the 458-unit community within the 1,200-acre Algodon Center.
Levin Johnston Brokers Bay Area Value-Add Sale
Adam Levin and Robert Johnston arranged the acquisition of the Berkeley, Calif., property through a 1031 exchange.