Prominence
Multifamily REIT Sells 2,600-Unit Southern Portfolio
BSR sold the 11-property package to a Dallas-based commercial real estate firm.
Relief Bill ‘Good for the Industry,’ Apartment Groups Say
Both landlord and renter advocacy groups praised the stimulus bill being passed by Congress. But they expect more assistance will be needed soon.
Equity Residential Reaps $313M for San Diego Sale
This marks the city’s largest multifamily transaction in 2020.
What the $900B Relief Package Holds for Multifamily
The bipartisan measures include an extension of the federal eviction moratorium, as well as $25 billion in rent relief.
The Habitat Co. to Manage 1,010 Chicago Units
The firm is adding two condo properties in the South Loop and Bronzeville neighborhoods to its management portfolio.
Shoma Group Lands $84M Refi for Miami-Area Project
The floating-rate loan has a three-year term and will refinance existing construction financing.
Showcasing Hotel-Style Amenities in Los Angeles
Evolve South Bay, a new, 300-unit apartment property in Carson, Calif., includes a coworking center, a high-end lounge and other hospitality-inspired features.
Alliant Capital Closes $130M LIHTC Fund
Fund 104 will be used to create and preserve about 1,100 units of affordable housing across eight states.
Security Properties, Rockwood Acquire 938-Unit Portfolio
The partnership purchased three assets in Oregon and Colorado.
Podcast: Doug Bibby Reflects on 2020
The longtime NMHC leader discusses postponing his exit from the group, rent collections and growing renter debt, and why he’s optimistic about the industry’s future.