Prominence
Kennedy Wilson Forms $1.5B Investment JV
The vehicle will be used to acquire and manage core-plus communities in western states.
Phipps Houses Lands $217M Loan for Affordable Brooklyn Community
The 403-unit project is expected to be complete in the fall of 2023.
Biden Replaces FHFA Director After Court Ruling
Mark Calabria had led the agency for just over two years.
Blackstone Acquires SFR Firm in $6B Deal
Home Partners of America owns more than 17,000 houses across the country.
Welltower to Acquire Senior Housing Portfolio for $1.6B
The purchase of the 86 Holiday Retirement assets is expected to close in the third quarter.
Harbor Group Sells Florida Community for $223M
The 700-unit property in a suburb of Miami marks the metro’s largest recorded multifamily sale this year.
Castle Lanterra Sells Maryland Community for $154M
Transwestern arranged the sale of the 608-unit Annapolis property.
June Rent Payments at 77%: NMHC
The latest findings are a sign of robust demand for apartments but the industry is still facing challenges including the federal eviction moratorium.
Multifamily Marketing’s (Not-So-New) Tech Essential
QR codes finally proved their worth during the pandemic. Here’s why apartment marketers are embracing this underrated technology.
Reviving the Past Through Adaptive Reuse
Abandoned buildings have a deeply negative impact on their surrounding areas, so why aren’t more of them restored? Here’s what some specialists think.