Prominence
Homeownership Decline to Propel Rental Resiliency
The COVID-19 pandemic has delivered economic shocks, but research from Middleburg Communities shows lower homeownership rates leading to more rental demand.
When Benefits Run Out, What Happens to Rent Relief?
With some unemployment benefits from the CARES Act set to expire at the end of next month, industry groups are pushing for more federal aid.
Phoenix Portfolio Owners Score $186M Refinancing
JLL arranged the Freddie Mac loans on behalf of a partnership between Wealhouse Capital Management and Western Wealth Capital.
June Rent Payments Hit 81 Percent
The latest figures from NMHC came less than a week after the monthly jobs report, which showed that the U.S. gained 2.5 million jobs in May.
Hines, MetLife Begin Construction on Northern California Community
The Grant is located in downtown Concord, Calif., and is expected to be completed in the third quarter of 2022.
TF Cornerstone Scores $374M Financing for Manhattan Towers
The New York State Housing Finance Agency and Wells Fargo Bank provided the debt for the 835-unit development.
Rent Collection Survey Predicts Increase in June Payments
The latest survey by J Turner Research found 84.3 percent of residents expect to pay this month’s rent by June 10.
Freddie Mac Names New CFO
Christian Lown assumes his new role effective June 15, as the government-sponsored enterprise aims to exit conservatorship.
Greystar Acquires Alliance’s Property Management Arm
The country’s largest apartment operator will boost its portfolio by 500 communities and nearly 130,000 units.
MHN Poll: Amenity Occupancy
MHN has a new poll! We want to know how you plan to limit occupancy within your amenities.